Aim of the course
Knowledge and understanding
To understand and analyze the strategic, organizational, managerial and economic and financial aspects of the business management, with a specific focus to the productive systems. To integrate quantitative approaches and qualitative variables of the organizational systems. To model systems and to face complex issues, linking economic and organizational competences to technological and engineering-based competences, practical applications and case-studies.
Applying knowledge and understanding
To interpret approaches, methodologies, techniques and tools for the business management, at strategic, managerial and operative level. To understand and read critically changing dynamics about scenario, technologies, organizations to improve business performance.
Making judgements
To develop an inter-disciplinary perspective between engineering and business management.
Communication skills
To improve analysis and presentation skills about managerial issues and tools, linking competences’ portfolios of the students, in particular between industrial and mechanical contents and business management contents. To illustrate critically the results of empirical analysis, case study and exercises.
Knowledge and understanding
To understand and analyze the strategic, organizational, managerial and economic and financial aspects of the business management, with a specific focus to the productive systems. To integrate quantitative approaches and qualitative variables of the organizational systems. To model systems and to face complex issues, linking economic and organizational competences to technological and engineering-based competences, practical applications and case-studies.
Applying knowledge and understanding
To interpret approaches, methodologies, techniques and tools for the business management, at strategic, managerial and operative level. To understand and read critically changing dynamics about scenario, technologies, organizations to improve business performance.
Making judgements
To develop an inter-disciplinary perspective between engineering and business management.
Communication skills
To improve analysis and presentation skills about managerial issues and tools, linking competences’ portfolios of the students, in particular between industrial and mechanical contents and business management contents. To illustrate critically the results of empirical analysis, case study and exercises.
teacher profile teaching materials
Module 2 (15 hours). The second module provides an overview of the business system from organizational, operational, and supply chain points of view. The main organizational forms to support business models and corporate operations will then be illustrated, and the advantages and disadvantages associated with each of them will be discussed.
Module 3 (23 hours). The third module offers some tools to evaluate and implement business decisions. The concept of the time value of cash flows and the tools for choosing investments will be introduced. Crucial point for all projects is in fact the estimate of cash flows and the estimate of the cost of capital for the determination of the most profitable projects. The main concepts for the valuation of investments will be provided (e.g., NPV, Payback period).
Optional - Economia e gestione delle imprese, di Matteo Caroli e Franco Fontana, 2019, McGraw Hill.
Optional - Corporate finance, di di J. Berk e P. De Marzo 2015, Pearson.
Programme
Module 1 (10 hours). The first module introduces the basic concepts regarding business and competition. We will deal with the basic civil definitions of organizational entities (e.g. definition of enterprise, company and entrepreneur) and the distinction between different legal forms (i.e, sole proprietorships, partnerships, joint stock companies and mutual societies). Then we will define stakeholders and introduce the concept of sustainable development..Module 2 (15 hours). The second module provides an overview of the business system from organizational, operational, and supply chain points of view. The main organizational forms to support business models and corporate operations will then be illustrated, and the advantages and disadvantages associated with each of them will be discussed.
Module 3 (23 hours). The third module offers some tools to evaluate and implement business decisions. The concept of the time value of cash flows and the tools for choosing investments will be introduced. Crucial point for all projects is in fact the estimate of cash flows and the estimate of the cost of capital for the determination of the most profitable projects. The main concepts for the valuation of investments will be provided (e.g., NPV, Payback period).
Core Documentation
Slides provded by the Professor.Optional - Economia e gestione delle imprese, di Matteo Caroli e Franco Fontana, 2019, McGraw Hill.
Optional - Corporate finance, di di J. Berk e P. De Marzo 2015, Pearson.
Attendance
The course is based on lectures and exercises done in class.Type of evaluation
The assessment test is written and will contain a series questions aimed at assessing the theoretical and practical knowledge of the topics presented in class.