PEMBABEC Business Economics

School of Business Administration in Karvina
Winter 2021
Extent and Intensity
1/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. RNDr. Ing. Roman Šperka, Ph.D. (lecturer)
Guaranteed by
doc. RNDr. Ing. Roman Šperka, Ph.D.
Department of Business Economics and Management – School of Business Administration in Karvina
Contact Person: Ing. Žaneta Rylková, Ph.D.
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.
fields of study / plans the course is directly associated with
Syllabus
  • 1. Basic concepts of business economics
  • Importance and consequence of the costs, cost centres, cost accounting, revenues, economic result, capital structure, financial statements, financial ratios. Cost types, cost function, cost calculation.
  • 2. Revenues, economic result, price
  • Understanding the revenues, economic result, price, non-linear revenues is critical to comprehending the process of estimating the business development. Relationship between quantity and sales is analyzed.
  • 3. Break-even point and analysis of profit of an enterprise, performance indicators
  • Break-even point, return on costs, return on revenues, analysis of the profit of the enterprise, profitability, distinguishing indicators of performance.
  • 4. Compiling basic statements
  • Reviewing basic statements, recognizing assets and liabilities, compiling balance sheet, presenting income statement, showing the data on shares and equity, reporting cash flow statement, modifying accounting data. Capital structure and financial leverage - business economics meaning.
  • 5. Economic Value Added and contribution margin
  • Explaining purpose and calculation of economic value added indicator, distinguishing indicators of contribution margin related to production and related to revenues, interpreting the scores, contribution margin – calculating the indicator. Contribution margin and break-even point graph.
  • 6. Inventory management
  • Supply chain, types of stock, classification of stocks, inventory management, inventory optimization, objectives of inventory management, stock control chart, operational purchasing planning, stock planning, optimum delivery calculation.
  • 7. Production, production capacity and economies of scale
  • Invention, innovation, capacity of production lines, production planning, production capacity, time funds, investment spending reasons, investment spending perspectives, investment strategy, economies of scale – combination of production factors, economies of scale and boundaries of its applicability.
Language of instruction
English
The course is also listed under the following terms Summer 2022.
  • Enrolment Statistics (Winter 2021, recent)
  • Permalink: https://is.slu.cz/course/opf/winter2021/PEMBABEC