ECONOMY AND BUSINESS ORGANIZATION

International Teaching ECONOMY AND BUSINESS ORGANIZATION

0622200020
DIPARTIMENTO DI INGEGNERIA INDUSTRIALE
EQF7
CHEMICAL ENGINEERING
2021/2022



OBBLIGATORIO
YEAR OF COURSE 1
YEAR OF DIDACTIC SYSTEM 2019
PRIMO SEMESTRE
CFUHOURSACTIVITY
660LESSONS
Objectives
THE OBJECTIVE IS TO UNDERSTAND TWO FUNDAMENTAL ASPECTS OF THE ENTERPRISE: THE ORGANIZATION'S DESIGN AND THE ECONOMIC AND FINANCIAL RESULT.
KNOWLEDGE AND UNDERSTANDING
THE COURSE INCLUDES THE SOCIAL AND ETHICAL RESPONSIBILITIES OF THE COMPANY'S DECISION-MAKING PROCESS THROUGH THE STUDY OF ECONOMICS AND ORGANIZATION. THE MAIN ACQUISITIONS ARE:
THE FINANCIAL STATEMENTS;
THE FINANCIAL ASSESSMENT OF THE COMPANY;
THE DESIGN VARIABLES OF THE ORGANIZATION;
ORGANIZATIONAL CONFIGURATIONS.
APPLYING KNOWLEDGE AND UNDERSTANDING
STUDENTS AT THE END OF THE COURSE WILL HAVE TO: KNOW HOW TO INTERPRET THE COMPANY'S FINANCIAL AND FINANCIAL RESULTS FROM THE FINANCIAL STATEMENTS; UNDERSTAND RELATIONSHIPS AND CHARACTERISTICS OF THE ORGANIZATION'S MAIN DESIGN VARIABLES.
MAKING JUDGMENTS
AT THE END OF THE COURSE, THE STUDENT WILL BE ABLE TO DRAW UP INDEPENDENT ASSESSMENTS OF AN ENTERPRISE'S FINANCIAL AND ECONOMIC RELIABILITY THROUGH BUDGET DATA, ANALYSIS OF THE CONGRUITY OF ORGANIZATIONAL PROCESSES AND CONFIGURATIONS ADOPTED .
COMMUNICATION SKILLS
DURING THE COURSE, STUDENTS WILL HAVE THE OPPORTUNITY TO PRESENT THE RESULTS OF THE EXERCISES IN THE CLASSROOM AND TO ANSWER QUESTIONS ABOUT THE CHOICES MADE.
LEARNING SKILLS
AT THE END OF THE COURSE, THE STUDENT WILL ACQUIRE KNOWLEDGE OF THE ECONOMIC-FINANCIAL AND ORGANIZATIONAL VARIABLES THAT CHARACTERIZE THE COMPANY'S DECISION-MAKING PROCESSES.
Prerequisites
NONE
Contents
BUSINESS ORGANIZATION (15 h theory and 5 h exercitations):
- COORDINATION MECHANISMS
- PARTS OF THE ORGANIZATION
- THE OPERATION OF THE ORGANIZATION
- THE DESIGN OF INDIVIDUAL POSITIONS
- THE MACROSTRUCTURE DESIGN
- THE DESIGN OF SIDE CONNECTIONS
- DECENTRALIZATION OF DECISION-MAKING POWER
- CONTINGENT FACTORS
- SIMPLE STRUCTURE
- MECHANICAL BUREAUCRACY
- PROFESSIONAL BUREAUCRACY
- THE DIVISIONAL SOLUTION
- THE ADHOCRACIES
BUSINESS ECONOMICS (25 h theory and 15 h exercitations):
- THE CONTENTS OF THE BALANCE SHEET
- THE CONTENTS OF THE INCOME STATEMENT
- THE CASH FLOW STATEMENT
- THE SUPPLEMENTARY NOTE
- RECLASSIFICATION OF THE BALANCE SHEET
- RECLASSIFICATION OF THE INCOME STATEMENT
- SOURCES AND EMPLOYMENT COMPOSITION INDICES
- INDICES OF INDEBTEDNESS AND FINANCIAL INDEPENDENCE
- THE BUDGET MARGINS
- LIQUIDITY INDICES
- THE COMPANY'S MONETARY CYCLE
- PROFITABILITY INDICES
- THE FINANCIAL LEVERAGE
- THE BREAK EVEN POINT
- THE OPERATIONAL LEVER
Teaching Methods
THE COURSE CONSISTS IN A TOTAL AMOUNT OF 60 HOURS WHICH ARE WORTH 6 CREDITS. IN PARTICULAR, TEACHING INCLUDES THEORETICAL LESSONS (40 HOURS) AND EXERCISES (20 HOURS).
ATTENDANCE AT THE LECTURES AND EXERCISES IS STRONGY RECOMMENDED.
Verification of learning
THE ACHIEVEMENT OF THE OBJECTIVES IS CERTIFIED BY PASSING AN EXAM. THE EXAM CONSISTS OF A WRITTEN TEST AND AN ORAL EXAM THAT TAKE PLACE ON THE SAME DAY. THE WRITTEN TEST CONSISTS OF ANALYZING A COMPANY BUDGET. THE ORAL TEST CONSISTS OF A DISCUSSION OF APPROXIMATELY 40 MINUTES AIMED AT ASSESSING THE LEVEL OF KNOWLEDGE, COMPREHENSION AND LANGUAGE OWNERSHIP ACHIEVED BY THE STUDENT.
The criteria for the minimum score threshold are the demonstration of understanding how to construct a financial statement starting from the accounting records that record the management events and discuss and process the analysis of the balance sheet

The criteria for the maximum threshold concern the level of in-depth analysis of the presentation of the financial statements documents and the correct and complete analysis of all its components with particular reference to the financial statement. The maximum threshold also evaluates the level of depth and knowledge of the mechanisms and figures of the company organization
Texts
HENRY MINTZBERG, STRUCTURES IN FIVE.
ATRILL & MCLANEY, FINANCIAL ACCOUNTING FO DECISION MAKERS
  BETA VERSION Data source ESSE3