Essay to answer three managerial economic questions provided

1. What are the three aspects of organizational architecture? What is the primary goal of an economic system? How do the architectural components help in achieving this goal?2. List some advantages and disadvantages of specialization. Does is always make sense to specialize as much as possible? Why or why not? How can managers reduce costs of specialized assignment? 3. Discuss the types of integration an organization might pursue and why. Describe a completely integrated firm might look like.Use textbook- Brickley, J., Smith, C., & Zimmerman, J. (2016). Managerial economics and organizational architecture. McGraw-Hill Education as reference to apply managerial economic concepts


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