VŠTE:RLZ_PEK Business Economics - Course Information

RLZ_PEK Business Economics

Extent and Intensity

2/2/0. 5 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Yelyzaveta Apanovych (seminar tutor)
Ing. Jakub Horák, MBA, PhD. (seminar tutor)
Ing. Michaela Jannová (seminar tutor)
Ing. Jiří Kučera, PhD. (seminar tutor)

Guaranteed by

Ing. Jakub Horák, MBA, PhD.
School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Supplier department: Business Economics Group – Deputy Director of Department for Research, Development and Creative Activity – School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice

Timetable of Seminar Groups

RLZ_PEK/Z5: Sun 10. 11. 8:00–9:30 I214P, 9:40–11:10 I214P, 11:25–12:55 I214P, 13:05–14:35 I214P, Sat 30. 11. 8:00–9:30 I214P, 9:40–11:10 I214P, 11:25–12:55 I214P, 13:05–14:35 I214P, M. Jannová, J. Kučera
RLZ_PEK/P01: Mon 9:40–11:10 E1, J. Horák
RLZ_PEK/S14: Thu 14:50–16:20 B5, M. Jannová
RLZ_PEK/S15: Thu 16:30–18:00 B5, M. Jannová

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.

fields of study / plans the course is directly associated with

• Human Resource Management (programme VŠTE, RLZ) (2)

Course objectives supported by learning outcomes

The aim of the course is to provide students with basic knowledge about economics, the nature of business, typology of companies and legal forms of business, property and capital structure of the company, as well as revenues, costs, economic results, production and supply activities.

Learning outcomes

Graduate of the course:
understands the characteristics of the company and can define business, determines the typology of companies, understands the business environment,
understands the life cycle of the company, understands the functions of the company, understands the production, sales function of the company, optimizes inventory flow in the company capital structure,
understands the property structure of the company and optimizes the capital structure,
evaluates the company's marketing and logistics, manages employees in the company, understands the financing of the company and the impact of human resources management on the company's finances,
understands Facility management and current trends in corporate economics

Syllabus

• Lectures:
• 1. The relationship between microeconomics and business economics: allocation and organizational efficiency, company theory, turning point, business life cycle.
• 2. Business environment: Establishment of a company, legal norms, strategic national plans and programs, environmental aspects of business, risks associated with entrepreneurship, socially responsible business.
• 3. Property structure of the company: value and valuation of the company, division of assets, factors influencing the property structure, optimization of the property structure.
• 4. Capital structure of the company: financial structure of the company, equity and debt, factors influencing the financial structure, optimization of the capital structure.
• 5. Organizational efficiency: Typology of enterprises, services and products, position of small and medium-sized enterprises, sectoral classification of economic activities, organization of resources (labor and capital), organizational structures, process management of the organization.
• 6. Activities and functions of the company: production, inventory management, sales, human resources management, investment decisions, financial management, innovation, facility management.
• 7. Production: production planning, production control.
• 8. Inventory management: inventory planning, inventory management methods, supply and costs, purchasing activities of the company, management of purchasing activities of the company.
• 9. Sales: sales and marketing activities of the company.
• 10. Human resources management: plans of quality and quantity of human resources, methods in   HR.
• 11. Investment decision-making and financial management: costs, revenues, sales, profit, economic result in the company's management, cost models in economic calculations, strategic and tactical financing of the company.
• 12. Innovation of the organization and in the organization: innovation as a tool of enterprise prosperity.
• 13. Facility management and current trends in business economics.
• Seminars:
• 1. Compilation of the company balance sheet.
• 2. Problems of depreciation of assets.
• 3. Calculation of the optimal capital structure.
• 4. Compilation of the company profit and loss statement.
• 5. Cost models, their use in economic calculations.
• 6. Calculations of turning points I.
• 7. Calculations of turning points II.
• 8. Continuous test.
• 9. Cost calculation I.
• 10. Cost calculation II.
• 11. Selection of the optimal technological variant I.
• 12. Selection of the optimal technological variant II.
• 13. Application of inventory optimization methods.

Literature

required literature
• BUGRI, Š. a E. PRIBIŠOVÁ, 2017. Podniková ekonomika. Ostrava: Key Publishing s.r.o. ISBN 978-80-7418-280-8.
• TAUŠL PROCHÁZKOVÁ, P. a E. JELÍNKOVÁ, 2018. Podniková ekonomika - klíčové oblasti. Praha: Grada. ISBN 978-80-271-0689-9.
• VOCHOZKA, M. et al., 2012. Podniková ekonomika. Praha: Grada. ISBN 978-80-247-4372-1.
• SYNEK, M., 2011. Manažerská ekonomika. 5., aktualiz. a dopl. vyd. Praha: Grada. ISBN 978-80-247-3494-1.
• SYNEK, M. et al., 2015. Podniková ekonomika. 6., přeprac. a dopl. vyd. Praha: C.H. Beck. ISBN 978-80-7400-274-8.

recommended literature
• MIKOVCOVÁ H. a H. SCHOLLEOVÁ, 2006. Praktikum podniková ekonomika pro bakalářské studium. Plzeň: Aleš Čeněk. ISBN 80-8689878-4
• KOZÁKOVÁ, P. a L. LÍZALOVÁ, 2016. Cvičebnice podnikové ekonomiky: studijní materiál. 2. vyd. Jihlava: Vysoká škola polytechnická Jihlava. ISBN 978-80-88064-28-2.
• KRÁLOVÁ, A., K. BERKOVÁ a M. FIŠEROVÁ, 2018. Podnikové praktikum - materiály ke cvičení. 3. rozš. vyd. Praha: Oeconomica. ISBN 978-80-245-2275-3
• JÁNSKÝ, J. et al, 2018. Soubor úloh pro cvičení z Manažerské ekonomiky. Praha: Oeconomica. ISBN 978-80-245-2270-8.
• JANOVSKÁ, K., I. VOZŇÁKOVÁ a E. ŠVECOVÁ, 2015. Ekonomika podniku. Ostrava: Vysoká škola báňská - Technická univerzita Ostrava. ISBN 978-80-248-3723-9.

Forms of Teaching

Lecture
Seminar
Tutorial

Teaching Methods

Frontal Teaching
Group Teaching - Cooperation

Student Workload

Activities	Number of Hours of Study Workload
	Daily Study	Combined Study
Preparation for the Mid-term Test	27	27
Preparation for Seminars, Exercises, Tutorial	14	52
Preparation for the Final Test	27	25
Attendance on Lectures	26
Attendance on Seminars/Exercises/Tutorial/Excursion	26	16
Participation in the final test	10	10
Total:	130	130

Assessment Methods and Assesment Rate

Test – mid-term 30 %
Test – final 70 %

Exam conditions

Ongoing evaluation

Midterm test - 30 points

Final evaluation

Essay - 30 points

Final test - 40 points

To achieve the successful completion of the subject, at least 70 points must be achieved (sum of points from the midterm and final test). Classification scale: A 100 – 90, B 89,99 – 84, C 83,99 – 77, D 76,99 – 73, E 72,99 – 70, FX 69,99 – 30, F 29,99 - 0.

Language of instruction

Czech

Further comments (probably available only in Czech)

The course is taught annually.

Teacher's information

articipation in teaching in all forms is solved by a separate internal standard of VŠTE VŠTE). For full-time students, 70% attendance at seminars is mandatory. If a student with an individual study plan is not able to participate in the mid-term evaluation, he / she will only pass the final test (100% of the evaluation), which will also cover the continuous assessment with its content and scope. However, students are obliged to contact the teacher immediately after the approval of the individual study plan and to contact the examiner before the final exam. If the student does not do so, his individual study plan will not be taken into account.

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