115-0364/03 – Economic System of Enterprise and its Management (ESPSJŘ)

Gurantor departmentDepartment of ManagementCredits4
Subject guarantorprof. Ing. Petr Šnapka, DrSc.Subject version guarantorprof. Ing. Petr Šnapka, DrSc.
Study levelundergraduate or graduateRequirementCompulsory
Year1Semesterwinter
Study languageCzech
Year of introduction1999/2000Year of cancellation2012/2013
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
JAN02 Ing. Viktorie Janečková, Ph.D.
S1N50 prof. Ing. Petr Šnapka, DrSc.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 3+2

Subject aims expressed by acquired skills and competences

Teaching targets for student of this subject: 1. To intimate students with the structure and behavior of economical system of entrepreneurial subject and with leading this system. 2. To teach students to evaluate separate potentials of value-forming chain of entrepreneurial subject of the sight of economic system elements and its criteria sense. 3. To teach students synthetically process results of value-forming chain course evaluation in the entrepreneurial subject in the sight of its economical system. 4. To teach students produce change projects and secure its applications to enable force unwelcome performance departures during realization of value-forming chain in entrepreneurial subject. 5. To teach students to apply the methods of formation in-system interconnected function targets of entrepreneurial subjects on the basis of optimality.

Teaching methods

Lectures
Seminars

Summary

Clearing the substance of economical system in business subject and its management from the sight of forming this system through structure condition and employment basic potencials of entrepreneurial activity. The characteristic of economical income and outcome of business subject, with quantification and of evaluation of effectivity of realization of entrepreneurial process in this business subject is presented.

Compulsory literature:

WILSON, Holton J. a Barry KEATING. Business Forecasting. 4th ed. New York: McGraw-Hill Irwin,2005. WEIL L. Roman a Michael W. MAHER. Handbook of Cost Management. 2nd ed. New Jersey: John Wiley&sons, 2005. ISBN 978-0-471-67814-

Recommended literature:

SALVATORE, Dominick. Managerial Economics in a Global Economy with Economic Applications Card, 5th edition, Thompson: South-Western, 2004. ISBN/ISSN: 0-324-17187-0. THOMAS, Christopher R. and S. Charles MAURICE. Managerial Economics. 8th edition. New York: McGraw-Hill, 2005. ISBN 0-07-287174-1.

Way of continuous check of knowledge in the course of semester

E-learning

Další požadavky na studenta

Knowledge of business management, financial management and accounting.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Characteristics of economic system, business entity and its management: - Definition of economic system, its components and interrelationships, the principles of rational functions. - Outer area business, the impact on the economic system. - Control mechanism and its function, determining control criteria and parameters. 2. The nature and structure of the technological and manufacturing process and its management: - Characteristics of the transformation process of production factors. - The decisive phase of the manufacturing process control. - Basic principles of work organization. 3. The organizational construction of a business entity and its management structure: - Basic principles of organizational structure of the business entity. - Types of organizational structures, their functioning in specific conditions related to the management of the business entity. 4. Characteristics of selected methods of analysis and management of the economic system of the business entity: - Methodical procedures for analysis of the economic system (classification, relational and causal analysis). - The method of management by objectives and variations in the administrative and regulatory processes in the business entities. - Method of analysis for the evaluation of mutual effects of the business entity. 5. Capital and ownership structure of the business entity as part of the potential of the business process: - Characteristics of the capital structure, cost of capital, optimizing capital structure (ratio of equity and loan capital) in the specific business conditions. - Potential characteristics ownership structure, the principles of rational use of property in the manufacturing process. - The essence of the value chain in the company, its structure and process of transformation of input potentials in it, including potential employees. 6.Basic concepts and principles of the investment process: - Static and dynamic investment evaluation indicators, criteria for investment decisions. - Management investment process in the business entity, with a view to ensuring reproductive, developmental respectively. attenuation business plan. 7. Asset management as a potential business process: - Characteristics of the considered states of fixed assets, its classification and valuation. - Monitoring and evaluation of fixed assets (the short and long term). - Course evaluations and consumption (depreciation) of tangible and intangible assets, depreciation characteristics and importance of different depreciation methods in the management of economic enterprise. 8. Reproduction of tangible and intangible assets in the business entity: - Life cycle of fixed assets in the company, his life, ways of identifying and monitoring the reproductive cycle. - The use of renewal theory to determine the optimal reproduction of the tangible and intangible assets. - Creation of resources for restoration of tangible and intangible assets of an enterprise. 9. Management of circulating assets of the business entity as a potential business process: - Characteristics of the state and structure of current assets, their evolution over time. - The issue of exploitation of (mainly manufacturing inventories) in the business entity formation formula reserves, using methods of assessment inventories, criteria for their rational use. 10. Control of the supply process in the business entity: - Determination of optimum production inventory needs and factors affecting it. - Models of inventory theory and its practical applications. - The criteria and rules for rational management of the supply process in the business entity. 11. Employees of a business entity as its potential for business process: - Status and structure of employees, characteristics of basic indicators in this area, monitoring and evaluation of their changes. - Classification of employees by activities and processes, determining the optimal number of employees in terms of economic effects achieved. - Characteristics of indicators, the use of employees and the possibility of its increase, creation of effective systems of regulation and compensation of employees. 12. Labour productivity of the business entity: - Characteristics of the concept of productivity and methods of measurement. - Quantifying productivity in specific business conditions, key factors that affect it, from links to economic productivity and social objectives of the business entity (payroll management system). 13. Revenues, expenses and profit business entity, business performance and its value: - Structure analysis and assessment of indicators of revenues and earnings, factors influencing their evolution over time. - Criteria for optimization of yields and economic results, use in managing the economic system, business entity, business performance management entity in order to increase its added value.

Conditions for subject completion

Full-time form (validity from: 2011/2012 Winter semester, validity until: 2011/2012 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Exercises evaluation and Examination Credit and Examination 100 (100) 51
        Exercises evaluation Credit 30 (30) 0
                Written exam Written test 30  16
        Examination Examination 70 (70) 0
                Written examination Written examination 15  8
                Oral exam Oral examination 55  0
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.FormStudy language Tut. centreYearWSType of duty
2012/2013 (N6208) Economics and Management (6208T037) Management (00) Management P Czech Ostrava 1 Compulsory study plan
2011/2012 (N6208) Economics and Management (6208T037) Management (00) Management P Czech Ostrava 1 Compulsory study plan
2011/2012 (N6208) Economics and Management (6208T101) Sports Management P Czech Ostrava 1 Compulsory study plan
2010/2011 (N6208) Economics and Management (6208T037) Management P Czech Ostrava 1 Compulsory study plan
2010/2011 (N6208) Economics and Management (6208T101) Sports Management P Czech Ostrava 1 Compulsory study plan
2009/2010 (N6208) Economics and Management (6208T101) Sports Management P Czech Ostrava 1 Compulsory study plan
2009/2010 (N6208) Economics and Management (6208T037) Management P Czech Ostrava 1 Compulsory study plan
2008/2009 (N6208) Economics and Management (6208T037) Management P Czech Ostrava 1 Compulsory study plan
2008/2009 (N6208) Economics and Management (6208T101) Sports Management P Czech Ostrava 1 Compulsory study plan
2007/2008 (N6208) Economics and Management (6208T037) Management P Czech Ostrava 1 Compulsory study plan
2007/2008 (N6208) Economics and Management (6208T101) Sports Management P Czech Ostrava 1 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner