545-0179/01 – Management in Economic Practice II (MNG II)

Gurantor departmentDepartment of Economics and Control SystemsCredits6
Subject guarantordoc. Ing. Michal Vaněk, Ph.D.Subject version guarantordoc. Ing. Michal Vaněk, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Study languageCzech
Year of introduction2021/2022Year of cancellation
Intended for the facultiesHGFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
VAN74 doc. Ing. Michal Vaněk, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 3+2
Part-time Credit and Examination 12+8

Subject aims expressed by acquired skills and competences

The student obtains next deeply and extensive knowledge of management. Student will be able to describe and characterize strategic level of management of enterprise including also system of corporate governance. Student will know to apply principle of corporate governance and strategic management on enterprise in raw materials industry. Student will be able to identify, visualize, evaluate and improve business, production and work processes in the field of mining and processing of minerals. The student will be able to classify the individual components of the process and determine their optimal duration.

Teaching methods

Project work


The subject next develops basic knowledge and skills in management. The subject focuses on top management and corporate governance. The core of the subject is management business, production and work processes. Students are also focus on strategic and crisis management of industrial enterprise and specifics in mining and processing of raw material. The exercise deals with a project in which students learn teamwork and communication skills.

Compulsory literature:

AADAMS, Robin G. Modern management in the global mining industry. Bingley: Emerald Publishing, 2019. ISBN 978-1-78973-788-2. MADISON, Dan. Process mapping, process improvement, and process management: a practical guide for enhancing work and information flow. Chico: Paton Press, c2005. ISBN 1-932828-04-4. ROTHAERMEL, Frank T. Strategic management. Fourth edition. New York: McGraw-Hill Education, [2019]. ISBN 978-1-260-09237-0. MALLIN, Chris A. Corporate governance. Fifth edition. Oxford: Oxford University Press. ISBN 978-0-19871802-4.

Recommended literature:

HOLMES, Andrew. Risk management. Oxford: Capstone Publishing, 2002. 122s. ISBN 1-84112-341-2. WARHURST, Alyson a Ligia NORONHA. Environmental policy in mining: corporate strategy and planning for closure. Boca Raton: Lewis Publishers, c2000. ISBN 1-56670-365-4. SLACK, Nigel a Alistair BRANDON-JONES. Essentials of operations management. Second edition. Harlow: Pearson, 2018. ISBN 978-1-292-23884-5. CERTO, Samuel C. Modern management: adding digital focus. 9th ed. Upper Saddle River: Prentice Hall. ISBN 0-13-067089-8. HITT, Michael A., R. Duane IRELAND a Robert E. HOSKISSON. Strategic management: competitiveness & globalization : concepts and cases. 12e. Boston: Cengage Learning. ISBN 978-1-305-50214-7.

Way of continuous check of knowledge in the course of semester

Seminární práce, písemná a ústní zkouška.


Other requirements

Active participation in the semester project – elaboration strategic analysis of selected mining enterprise and propose of strategy.


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

1. Corporate governance – essentials terms and approaches 2. Boards of directors 3. Basic models of corporate governance, documentary of corporate governance 4. Concentration of business activity 5. Essentials of strategic management 6. Essentials strategic documentary – mission, vision, strategic objectives 7. Strategic analyses of enterprise environment, PEST analysis 8. Analysis of competition of brunch - Porter´s analysis, analysis of portfolio – matrix BCG 9. SWOT analysis, matrix TOWS 10. Strategic alternatives for industrial enterprise 11. Implementation strategy in industrials enterprise 12. Strategic control and audit 13. Method Balanced Scorecard 14. Crisis management

Conditions for subject completion

Part-time form (validity from: 2022/2023 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of pointsMax. počet pokusů
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 30  17
        Examination Examination 70 (70) 34 3
                Písemná zkouška Written examination 35  17
                Ústní zkouška Oral examination 35  17
Mandatory attendence participation: 80 % attendance

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Conditions for subject completion and attendance at the exercises within ISP:

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Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2022/2023 (N0724A290011) Mineral Economics ŘP P Czech Ostrava 1 Compulsory study plan
2022/2023 (N0724A290011) Mineral Economics ŘP K Czech Most 1 Compulsory study plan
2022/2023 (N0724A290011) Mineral Economics ŘP K Czech Ostrava 1 Compulsory study plan
2021/2022 (N0724A290011) Mineral Economics ŘP P Czech Ostrava 1 Compulsory study plan
2021/2022 (N0724A290011) Mineral Economics ŘP K Czech Most 1 Compulsory study plan
2021/2022 (N0724A290011) Mineral Economics ŘP K Czech Ostrava 1 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner