Henry Ford was the founder of the "division of labor" concept that increases the production level more quickly and efficiently.
Explanation:
- The efficiency model had been the foundation or the beginning of the business progression.
- Henry Ford's efficient mechanism resulted in the production of more cars at a cheaper price.
- So more people can afford cars at a cheaper price and it also increases sales to a rapid extent.
- Thus it results in better output and also encourages other businessman to follow this mechanism to improve their production in the market.
