OPF:PEMBAPEK Enterprising Economy - Course Information

PEMBAPEK Enterprising Economy

Extent and Intensity

2/3/0. 6 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Karel Stelmach, Ph.D. (lecturer)
Ing. Pavel Adámek, Ph.D. (seminar tutor)
Mgr. Šárka Čemerková, Ph.D. (seminar tutor)
Ing. Žaneta Rylková, Ph.D. (seminar tutor)
Ing. Karel Stelmach, Ph.D. (seminar tutor)
Ing. Petr Vlček (seminar tutor)

Guaranteed by

Ing. Karel Stelmach, Ph.D.
Department of Business Economics and Management – School of Business Administration in Karvina
Contact Person: Ing. Žaneta Rylková, Ph.D.

Prerequisites

The course can be registered independently on the courses.

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.

fields of study / plans the course is directly associated with

• Business Economics in Trade and Services (programme OPF, B_EKOMAN)

Course objectives

Students will gain an overview of the operation and functioning of the production company or the company operating in service sector. Understand economic structures in the business unit are subject to the fundamental knowledge about the nature of the enterprise (supply and storage activities, production activities, sales activity). The structure of Business Economics course is based on the idea that the introductory chapter will familiarize students with basic knowledge of business and description of the business and business unrelated to their economic fundamental. Students will learn the basic categories (terms) in the field business economics: company, typology of firms, business environment, basic activities (functions) in a company, company assets, company organizational structure. In the following part of course, students will learn the basic economic concepts of business economics (economic effectiveness, efficiency, costs, revenues, profits, and the principle of balance (balance sheet), break-even analysis, and calculations).

Syllabus

• 1. Characteristics of the company and the nature of the business. Business profile.
  2. Morphology and typology of company. The life cycle of the firm and its phase.
  3. Business objectives and functions (activities). Company organizational structure. The ownership structure of the company.
  4. Purchasing business activity.
  5. Manufacturing business activity (including service sector).
  6. Sales activities of the company.
  7. Human Resource Management. Activity of another department in the company.
  8. Production factors and their classification. Consumption of production factors. The cost of the company. Criteria for classification of costs in the company.
  9. Cost function. Use of the cost function in managerial decision making.
  10. Outputs, income, revenues.
  11. Costs, income, profit or loss in the break-even analysis.
  12. Cost calculation, methods of cost calculations. Types of calculations.
  13. Characteristics of specific business.
  

Literature

required literature
• KURATKO, D. F. Entrepreneurship: Theory, Process, Practice. Cengage Learning, 2012. ISBN 9781285051758. info
• NELLIS, J. G., PARKER D. Principles of Business Economics. Pearson Education, 2006. ISBN 9780273693062. info

Teaching methods

One-to-One tutorial
Skills demonstration
Seminar classes
Students' self-study

Assessment methods

Written test

Language of instruction

English

Further comments (probably available only in Czech)

The course can also be completed outside the examination period.

Teacher's information

Attendance in seminars 60 %, ongoing test, final combined exam.

Activity	Difficulty [h]
Ostatní studijní zátěž	69
Přednáška	26
Seminář	39
Zkouška	40
Summary	174

• Enrolment Statistics (Summer 2017, recent)
  
• Permalink: https://is.slu.cz/course/opf/summer2017/PEMBAPEK