The educational objective of the course is to develop knowledge relating to the main business management processes; in this perspective the following topics will be covered: 1) the concept of business, legal forms of business, government, business combinations, groups of enterprises and internationalization of companies 2) Control functional areas, business processes, business planning and management 3) the management of the company from an economic and financial aspect through the study of accounting and European and international financial statements
Expected learning outcomes
The student at the end of the course will have acquired the necessary skills to be able to recognize the structure and strategies of the company, to be able to use and read a financial statements to know the processes that led to its drafting
Presentation of the Course and the methodological approach. The origins of the business economy: Zappa and the reunification of the 3 corporate moments (OMA model = Organization, Management and Accounting); contamination towards the Anglo-Saxon world: Mason & Bain (SCP model = Structure, Conduct and Performance). Legal and economic concept of the Company; difference between 2 concept: company and enterprise. Coase's Theory of Transaction Costs (deepened by Williamson). The role of the Entrepreneur (Innovator according to Schumpeter). Manage business cycles: from Research & Development to After-sales assistance. Analysis of the External and Internal Environment: Porter's 5 competitive levers and the Value Chain. SWOT analysis. Levitt and the life cycle of the company. Von Bertalanffy's Systems Theory. The Stakeholder Theory. Corporate Social Responsibility policy. Cassandro and long-term harmonic balance. Part 2 Quality (as a competitive advantage) and its origins. From the Western model to the Japanese model. The fundamental principles of quality. Evolution of the ISO standard. The subjects of the Management System for the Q. The certification process of the Q. Monitoring tools to assess the perceived quality and detect the Customer Satisfaction of Consumers. the Deming PDCA Cycle. Part 3 the Accounting Information System: General and Management Accounting. the statements that make up the Financial Statements. Fundamental and Financial Reporting Criteria. Accounting records (ordinary): Purchases, Sales, Cost of Labor, Payments and Collections. Ordinary year-end records: Depreciation, severance pay, credit losses and inventory valuation. The closing of the financial statements. Analysis of a complete case of financial statements of a start-up: from the subscription of the share capital to the distribution of the profit for the year. Limits of general accounting and space for management accounting. Fixed and variable costs; the concept of break-even point. the Budget and related reporting. cost centers: division of costs with the Full costing and Direct costing methods. Analysis of some decision-making problems: A) internal purchase or production; B) closure or not of a production department. Balance Sheet Index: Liquidity, Solidity and Profitability index. the Social Report and the reform of the Third Sector.
Prerequisites for admission
Considering that for the part concerning the Financial Statements and the Budget classroom exercises are foreseen with numerical calculations and%, it is suggested to review the part carried out in the High School program.
Frontal lesson with moments of analysis of some business cases. For the part concerning the Financial Statements and the Budget, classroom exercises are planned.
Mamoli M., "Temi di Economia Aziendale. Idee e prime riflessioni", Cleup, Padua, 2018 - ISBN 978 886787 9359 Mamoli M., "Qualità, Servizio e Valore. Vantaggi competitivi per soddisfare il Cliente", Cleup, Padua, 2021 - ISBN 978 885495 3871 Mamoli M., "Introduzione alle rilevazioni aziendali. Contabilità generale e gestionale", Cleup, Padova, 2018 - ISBN 978 886787 8987
Assessment methods and Criteria
ORAL with 3 questions (one for each of the parts included in the Program).