Monitoring of business economics

Abstract

This article provides a real view of the unnamed medium company providing the production of iron, lease of the real estates in itstemporarily free spaces and incidental arrangement of services, in which the manager and at the same time the director of the companydiagnoses and discovers the arising problems. He compares the economic situation at the firm for the period of the last four accountingperiods and executes the economic analysis with the aim to discover the faults. For their elimination, he accepts the effective measures.He clarifies the main goals of the business activities, appraises their practicality and recommends the means for solving the mainproblems. He designs and constantly updates the organizational structure of firm if needed. He carefully follows the situationon the market, defines the company’s activities, prepares the strategy of the company and the financial plan representing the dependenceof flexibility of manufacturing and commercial processes and creativity of the manager.

Keywords

• manufacturing firm
• business problems
• business economics
• economic analysis
• organization of the company
• goals