OPF:PEMBPPOP Corporate Calculations - Course Information

PEMBPPOP Corporate Calculations

Extent and Intensity

2/1/0. 5 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Karel Stelmach, Ph.D. (lecturer)
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)
• Accounting and Taxes (programme OPF, B_EKOMAN)

Course objectives

Course contents follow the Business Economics, based on the general economic theory. The findings, however, draws on many other disciplines such as mathematics, statistics, accounting, finance and business law. Business Economics is not just a theoretical discipline, but also a practical discipline where entrepreneurs, managers and economists give guidance on how to manage business to operate efficiently and profitable. The goal of course is to increase the level of economic development and education, knowledge, as well as methodological and practical skills in the field of business practice.

Syllabus

• 1. Overview of key terms; meaning and use of elementary variables, indicators and economic relations of the subject Business Economics.
  2. Morphology and typology of companies. The life cycle of the firm and its phases.
  3. Cost function, deepening knowledge.
  4. Contribution to fixed costs and profit - definition, meaning, usage.
  5. Price creation. Price elasticity. The economic fundamental of the prices of products and services.
  6. Cost calculation (absorbing cost calculation) and incomplete calculation of costs.
  7. Managing of short-term assets. Purchasing activity and inventory management. Management of accounts receivables.
  8. Business funding. Regular (short-term) funding. Managing cash-flow.
  9. Importance of financial analysis in the business economy. Principles of financial analysis.
  10. Controlling definition and related concepts, controlling position in the firm's management.
  11. Cost controlling, its objectives and usage in the firm's management.
  12. Cost controlling tools and their application.
  13. Planning, schedule and budget in the cost of controlling.
  

Literature

required literature
• Synek, Miloslav. Manažerská ekonomika. Praha, 2011. ISBN 978-80-247-3494-1. info
• Synek, Miloslav. Podniková ekonomika. Praha, 2010. ISBN 978-80-7400-363-3. info
• Chobotová, Monika. Podniková ekonomika v definicích a příkladech. Karviná, 2010. ISBN 978-80-7248-610-6. info
• ZIDEL, D. Basic Business Calculations. Penguin Group, 2001. ISBN 9780140295665. info
• DAVIS, H., LAM, P. L. Managerial Economics: An Analysis of Business Issues. Prentice Hall, 2001. ISBN 9780273646280. info

recommended literature
• Synek, Miloslav. Manařerské výpočty a ekonomická analýza. Praha, 2009. ISBN 978-80-7400-154-3. info
• Scholleová, Hana a kol. Podniková ekonomika 2, Sbírka příkladů. Praha, 2005. ISBN 80-245-0869-9. info
• Kislingerová, Eva. Manžerské finance. Praha, 2004. ISBN 80-7179-802-9. info
• Horváth, P. akol. Nová koncepce controllingu. Praha, 2004. ISBN 80-7259-002-2. info

Teaching methods

Laboratory work
Skills demonstration
Seminar classes

Assessment methods

Grade
Written test

Language of instruction

Czech

Further comments (probably available only in Czech)

The course can also be completed outside the examination period.

Teacher's information

Attendance in seminars 60 %, seminar paper, ongoing test, case study, essay, final combined exam.

Activity	Difficulty [h]
Ostatní studijní zátěž	66
Přednáška	26
Seminář	13
Zkouška	40
Summary	145

• Enrolment Statistics (Summer 2019, recent)
  
• Permalink: https://is.slu.cz/course/opf/summer2019/PEMBPPOP