Final answer:
Your statement is correct; division of labour indeed represents the breaking down of production into specialized tasks. It is a key element in a successful production process and can lead to improved efficiency, better quality, and innovation.
Step-by-step explanation:
The statement, 'The division of labour is the dividing of the production process into a series of specialized tasks, each done by a different worker,' is true. The division of labor, also known as job specialization, is a fundamental concept in business and economics. In a production setting, it refers to the breaking down of a production process into distinct tasks, each done by a different worker. This allows for increased efficiency and productivity.
For instance, workers on an assembly line are a perfect illustration of the division of labor in action. Each worker specializes in a specific task, contributing to the overall production process. This specialization often leads to improved speed, higher quality, and innovative solutions. In short, the division of labor is a key component of a successful production system.
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