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1. Managerial Economies
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2. Introduction
 This is the application of economic concepts
and evaluation of organizational issues.
 It has to come up with goal oriented
managerial decisions.
 This focuses on curbing expenses in an
organization
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3. Ericsson Company
 The firm made a decision on cost cutting
outsourcing the manufacture of its products to
another company (Flextronics).
 This was for a purpose of saving on its
production and remaining competitive in the
market.
 The decision was a great step to guaranteeing its
clients of innovative and high quality products.
 It was also because Flextronics would be
responsible for cell phones manufacturing and
accountable for any low quality product
production.
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4.  The company’s decision on outsourcing also
offered a guarantee of :
 flexible product volume
 increased capacity
 This meant it would have to sell a lot and make
huge profits.
 Due to new technologies in the market,
Flextronics also had a great responsibility.
 This was to employ the technologies on the
products.
 This would act as a way of enhancing reliability
and quality of handsets.
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5. Effects of the Move
 Ericsson to introduce advanced technologies which
was also costly.
 The company hope to sell more of its products .
 This was to attract new clients by the end of the next
financial year too.
 It was not the case as it had expected in terms of
sales.
 Flextronics, dealing with manufacture of different
products for other companies for example Siemens
and Nokia, Flextronics confidentiality for either of
the companies based on product quality and what
makes other products exceptional is relatively low.
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6.  The company as a result, lost its knowledge
on what clients want .
 They also lost knowledge of improvements
they wish to be made on the products for
maximum satisfaction.
 The company in the end closed down.
 This is because of loss of knowledge of
customer needs and production expertise
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7. References
Soderman, S. (2013). Football and management:
Comparisons between sport and enterprise.
Houndmills, Basingstoke: Palgrave
Macmillan.
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8. For More Information on
Managerial Economies
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