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Lecturer(s)
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Hobza Vladimír, doc. Ing. Ph.D.
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Course content
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1. Definition of the subject and the basic concepts 2. Starting a business, their classification, trade 3. Asset and capital structure of the company 4. Revenues and costs of the company 5. Analysis of the enterprise 6. Examples: assets and results of the company 7. financial management 8. Association, maintenance and termination of business
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Learning activities and teaching methods
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Lecture, Monologic Lecture(Interpretation, Training), Dialogic Lecture (Discussion, Dialog, Brainstorming)
- Homework for Teaching
- 42 hours per semester
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Learning outcomes
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Basic economic managing skills in theory and practice will be dealt with in detail. The gist of the subject is the analysis of the overall economic situation of the business subject. Orientation in a legal form of business activity is the content of the subject as well as appropriateness to a certain type of business activity and, above all, its focus on the diagnostics of a firm in relation to its balance sheet: property and its coverage by insurance; revenues, costs, specific indicators of firm operations: profitability, solidity and activity. Some firm managing procedure of the enterprise for a coming period of time is recommended via selected economic managing methods. There are chapters focusing on control and management aimed at profit orientation and the free market. The subject allows for a basic orientation in the economic surroundings of profit and nonprofit oriented subjects. This subject´s graduate will be able to assess the economic state of a legal subject and tentatively predict the development of basic indicators on the basis of his/her analysis of a balance sheet, a profit-and-loss report, CF, active debts and liabilities. Definition of strategic decisions and recommendations which will influence effectiveness, productivity, profitability, and possibly the solidity of the controlled subject is a condition of qualified firm control. Information about this course was translated to English within the project Internationalization of the Faculty of Physical Culture, Palacký University, Olomouc, No. CZ.1.07/2.2.00/28.0028, co-funded by the European Social Fund and the Government of the Czech Republic.
After completion of this course the student will be able to: - Understand basic economic context and relationships in companies - Understand the critical statements of business entities -economically interpret the results - Distinguish the economic crisis becomes subject - Identify measures for effective management of the business entity.
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Prerequisites
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The course builds on the knowledge of law, management, economics and accounting mainly profit-oriented companies.
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Assessment methods and criteria
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Mark, Written exam
Diagnostic evaluation of the management of the company, indicators and tendencies of its development. Practical knowledge of the company's rating. Examples of the test.
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Recommended literature
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Hobza, V. (2004). Základy manažerské ekonomiky. Olomouc: UP.
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Synek, M., Kuslingerová, E., a kol. (2010). Podniková ekonomika. Praha: C. H. Beck.
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Synek, M. (2003). Manažerská ekonomika. Praha : Grada Publishing.
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