Study Guide

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

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