This document discusses the various departments in a company and some of the problems they face. It outlines the production, marketing, human resources, and finance departments. For each department, it lists 3-4 examples of the types of problems they encounter, such as determining production levels and quality for production, setting prices and marketing strategies for marketing, employee hiring and training for HR, and financing and budgeting for finance. It concludes that economics graduates can help solve problems at both the micro and macro levels using their economic knowledge and skills.

1. NEED FOR RESTRUCTURING O
EASY UNDERSTanDING OF
ECONOMICSRICULTURE
DR.D.ELANGO
ASST.PROFESSOR OF ECONOMICS
GOVERNMENT ARTS COLLEGE
COIMBATORE

6. DEPARTMENTS IN A COMPANY
• Production.
• Research and Development (often
abbreviated to R&D)
• Purchasing.
• Marketing (including the selling function)
• Human Resource Management.
• Accounting and Finance.

7. PROBLEMS FACED BY PRODUCTION
DEPARTMENT
HOW MUCH SHOULD BE PRODUCED
WHERE TO PRODUCE
WHEN TO PRODUCE
HOW TO AVOID INVENTORY
WHAT WOULD BE THE RATE OF RETURN
NATURE OF QUALITY
IMPROVISING PRODUCTION PROCESS ETC

8. PROBLEMS FACED BY MARKETING
DEPARTMENT
HOW TO FIX THE PRICE
WHERE TO SELL THE COMMODITIES
WHO IS CONSUMER
NATURE OF CONSUMERS
MARKETING STRATIGIES
WHAT ARE THE PROMOTIONAL ACTIVITIES
COULD BE CARRIED OUT
SALES FORECASTING ETC.,

9. PROBLEMS IN HR DEPARTMENT
SELECTION OF EMPLOYEES
FINDING OUT LABOUR INSTENSITY
PROVIDING TRAINING TO LABOURERS
QUALITY MANAGEMENT
AVOIDING DISPUTE AMONG THE LABOURERS
SALARY DISCRIMINATIONS
 CORPORATE CULTURE ETC.,

10. PROBLEMS IN FINANCE DEPARTMENT
FINANCE MOBILISATION
MAINTAING RESERVE AND SURPLUS
GOVT. SUBSIDY
FUNDS PLANNING
REALTION WITH BANK
FIANCIAL DECIPILINE
FINANCE FORECASTING ETC.,

12. RESPONSIBILITY OF ECONOMICS
GRADUATES
• ECONOMICS IS THE SUBJECT COULD
SOLVE THE ENTIRE PROBLMES ARISE
IN MICRO AS WELL AS IN MACRO
LEVEL

13. THANK YOU