Final answer:
The principle of specialization aligns with Fayol's general management principle of division of labor fostering productivity and reducing costs through economies of scale.
Step-by-step explanation:
The use of specialization to produce more and better work with the same amount of effort is consistent with Henri Fayol's general management principle of division of labor. This principle suggests that specialization allows workers to become experts in their respective tasks, leading to increased efficiency and productivity. As workers concentrate on their specialized jobs, they can perform their duties faster and with better quality, resulting in more sophisticated products and services.
Furthermore, this concept directly influences the cost benefits associated with economies of scale, where the average cost per unit declines as production levels rise. A practical example is the manufacturing of automobiles, where high-volume factories equipped with specialized machinery and expert workers can produce vehicles at a lower cost compared to a smaller-scale operation. Ultimately, specialization and the division of labor enhance productivity, reduce costs, and enable firms and societies to manage the problem of scarcity effectively.