Basic Course in Business EconomicsLaajuus (3 cr)
Code: TKV22GF01
Credits
3 op
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Qualifications
-
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Materials
See course realization plan.
Enrollment
01.12.2024 - 02.03.2025
Timing
03.03.2025 - 04.05.2025
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Teaching languages
- Svenska
Degree programmes
- Degree Programme in Information Technology
Teachers
- Kajsa From
- Monika Kärkkäinen
Teacher in charge
Kaj Wikman
Groups
-
UIT24D-VIngenjör (YH), informationsteknik, 2024
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Location and time
Vaasa Campus, spring 2025.
Materials
See course realization plan.
Teaching methods
- the course is completed by attending lectures and submitting a final project.
Student workload
81 h
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Assessment criteria, satisfactory (1-2)
Justifiable; The student describes theory formation and concepts partially flawed in the exercise. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3-4)
Good; The student uses theorizing and concepts in exercise almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the final project include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
18.01.2025 - 16.02.2025
Timing
17.02.2025 - 09.05.2025
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Campus
Vasa, Wolffskavägen 33
Teaching languages
- Svenska
Teachers
- Cilla Salo
Scheduling groups
- ELA24-Y (Size: 40. Open UAS: 0.)
- ELA24-S (Size: 40. Open UAS: 0.)
Groups
-
ELA24D-VIngenjör (YH), el- och automationsteknik, 2024, dagstudier
Small groups
- ELA24-Y
- ELA24-S
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
15.06.2024 - 06.04.2025
Timing
19.03.2025 - 02.04.2025
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Technology and Seafaring
Teaching languages
- Svenska
Teachers
- Cilla Salo
Teacher in charge
Matts Nickull
Groups
-
ÖH24FLEXINGÖppna YH, Flexibelt till Ingenjör
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
01.12.2024 - 07.01.2025
Timing
06.01.2025 - 23.02.2025
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Technology and Seafaring
Campus
Vasa, Wolffskavägen 33
Teaching languages
- Svenska
Degree programmes
- Degree Programme in Mechanical and Production Engineering
Teachers
- Niklas Kallenberg
Teacher in charge
Kaj Rintanen
Groups
-
MAP24D-VIngenjör (YH), maskin- och produktionsteknik, 2024 dagstudier
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Materials
See course realization plan.
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
15.06.2024 - 22.09.2024
Timing
02.09.2024 - 03.11.2024
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Technology and Seafaring
Campus
Vasa, Wolffskavägen 33
Teaching languages
- Svenska
Degree programmes
- Degree Programme in Industrial Management
Teachers
- Niklas Kallenberg
Teacher in charge
Niklas Kallenberg
Groups
-
PRE24D-VIngenjör (YH), produktionsekonomi, 2024 dagstudier
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Materials
See course realization plan.
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
15.06.2024 - 07.10.2024
Timing
02.09.2024 - 13.10.2024
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Technology and Seafaring
Campus
Vasa, Wolffskavägen 33
Teaching languages
- Svenska
Teachers
- Kimmo Koivisto
Teacher in charge
Leif Östman
Groups
-
BYL23D-VIngenjör (YH), lantmäteriteknik, 2023 dagstudier
-
BYB24D-VByggmästare (YH), h24, dagstudier, Vasa
-
BYL24D-VIngenjör (YH), lantmäteriteknik, 2024 dagstudier
-
BYS24D-VIngenjör (YH), byggnads- och samhällsteknik, 2024 Vasa, dagstudier
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Materials
See course realization plan.
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
01.12.2023 - 17.03.2024
Timing
12.03.2024 - 26.03.2024
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Technology and Seafaring
Teaching languages
- Svenska
Teachers
- Cilla Salo
Teacher in charge
Matts Nickull
Groups
-
ÖH23FLEXINGÖppna YH, Flexibelt till Ingenjör
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
30.11.2023 - 18.02.2024
Timing
19.02.2024 - 18.05.2024
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Campus
Vasa, Wolffskavägen 33
Teaching languages
- Svenska
Teachers
- Anna-Lena Berglund
- Kajsa From
Teacher in charge
Ronnie Sundsten
Groups
-
ÖH23UIT-LED-VÖppna YH, Informationsteknik, ledstudier
-
UIT23D-VIngenjör (YH), informationsteknik
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
30.11.2023 - 18.02.2024
Timing
19.02.2024 - 28.04.2024
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Technology and Seafaring
Campus
Vasa, Wolffskavägen 33
Teaching languages
- Svenska
Teachers
- Cilla Salo
Teacher in charge
Ronnie Sundsten
Scheduling groups
- ELA23-S (Size: 40. Open UAS: 0.)
- ELA23-Y (Size: 40. Open UAS: 0.)
Groups
-
ELA23D-VIngenjör (YH), el- och automationsteknik, 2023, dagstudier
-
ÖH23ELA-LED-VÖppna YH, el-och automationsteknik ledstudier
Small groups
- ELA23-S
- ELA23-Y
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
30.11.2023 - 07.01.2024
Timing
01.01.2024 - 25.02.2024
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Technology and Seafaring
Campus
Vasa, Wolffskavägen 33
Teaching languages
- Svenska
Teachers
- Niklas Kallenberg
Teacher in charge
Kaj Rintanen
Groups
-
MAP23D-VIngenjör (YH), maskin- och produktionsteknik, 2023 dagstudier
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
15.06.2023 - 03.09.2023
Timing
28.08.2023 - 08.10.2023
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Technology and Seafaring
Campus
Vasa, Wolffskavägen 33
Teaching languages
- Svenska
Degree programmes
- Degree Programme in Industrial Management
Teachers
- Niklas Kallenberg
Groups
-
PRE23D-VIngenjör (YH), produktionsekonomi, 2023 dagstudier
-
ÖH23PRE-LED-VÖppna YH, produktionsekonomi ledstudier
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
15.06.2023 - 03.09.2023
Timing
28.08.2023 - 29.10.2023
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Technology and Seafaring
Campus
Vasa, Wolffskavägen 33
Teaching languages
- Svenska
Teachers
- Kimmo Koivisto
Teacher in charge
Leif Östman
Groups
-
BYS23D-VIngenjör (YH), byggnads- och samhällsteknik, 2023 Vasa, dagstudier
-
BYS22D-VIngenjör (YH), byggnads- och samhällsteknik, 2022 Vasa, dagstudier
-
BYL22D-VIngenjör (YH), lantmäteriteknik, 2022 dagstudier
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
01.12.2022 - 02.04.2023
Timing
15.03.2023 - 29.03.2023
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Technology and Seafaring
Teaching languages
- Svenska
Teachers
- Cilla Salo
Teacher in charge
Matts Nickull
Groups
-
ÖH22FLEXINGÖppna YH, Flexibelt till Ingenjör
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
01.12.2022 - 19.02.2023
Timing
20.02.2023 - 30.04.2023
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Technology and Seafaring
Campus
Vasa, Wolffskavägen 33
Teaching languages
- Svenska
Degree programmes
- Degree Programme in Electrical Engineering and Automation
Teachers
- Cilla Salo
Teacher in charge
Ronnie Sundsten
Scheduling groups
- ELA22-S (Size: 50. Open UAS: 0.)
- ELA22-Y (Size: 50. Open UAS: 0.)
Groups
-
ÖH22ELA-LED-VÖppna YH, el-och automationsteknik ledstudier
-
ELA22D-VIngenjör (YH), el- och automationsteknik, 2022, dagstudier
Small groups
- ELA22-S
- ELA22-Y
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-
Enrollment
01.12.2022 - 02.01.2023
Timing
02.01.2023 - 26.02.2023
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Technology and Seafaring
Campus
Vasa, Wolffskavägen 33
Teaching languages
- Svenska
Teachers
- Niklas Kallenberg
Teacher in charge
Kaj Rintanen
Groups
-
MAP22D-VIngenjör (YH), maskin- och produktionsteknik, 2022 dagstudier
Objective
After passing the course, the student is expected to be able to;
- identify and describe basic concepts in business administration with a focus on the industrial context
- explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
- make simple calculations in business economics
- compare and evaluate different industries and refer to the business cycle in a dialogue
- relate to law and taxation in business operations
Content
- industrial business, national and international
- about business ideas, forms of business, markets, customers and users
- the building blocks of profitability in the short and long term
- the company: owners, management, various functions, industry affiliation, technological height and special characteristics
- the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
- Fundamentals of finance, law and taxation
Evaluation scale
H-5
Assessment criteria, satisfactory (1)
Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
Assessment criteria, good (3)
Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
Assessment criteria, excellent (5)
Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
Qualifications
-