Study Guide

Objective

The student masters the basics of financial management, marketing, personnel management and law needed to carry on business. The student is able to explain the legal principles of different business areas and their interdependences. The student is able to hold meetings necessary according to the rules and regulations and is able to draw up the minutes of the meetings. The students are able to use the essential modules of ERP system. The student is able to work in different roles in a multicultural company with proper service attitude.
The student is able to analyze and develop a business. The student is able to explain, why it is necessary for a company to keep up continuous development and how changes in the operational environment of a company affect it. The student is able to prepare financial statements and carry on the permanent accounts to the next financial year. The student can use a computer fluently and apply it in different business tasks.

Content

- Basics of accounting: double entry bookkeeping and closing the accounts
- Company taxation, financial statements
- Contracts
- Applying marketing tools (materials, campaigns etc.)
- Company on the web, web services, Office software
- Analyzing group performance
- Company growth and future strategy
- Company wellness
- Personnel development
- Sustainable development
- Development of information systems (hardware, software, networking, security)
- Basics of the consumer law
- Presenting the development plan of the company

Qualifications

Setting up an Enterprise

Assessment criteria, satisfactory (1)

The student can list the basic issues of financial management, marketing, personnel management and law needed to carry on business. The student is able to name the principles of different business areas and their interdependences. The student is able to understand the meaning of business development. The student is able participate in meetings. The student can use a computer under guidance and knows the meaning of IT in business. The student participates in team activities on a regular basis.

Assessment criteria, good (3)

The student masters the basics of financial management, marketing, personnel management and law needed to carry on business. The student is able to explain the legal principles of different business areas and their interdependences.
The student is able to develop business operations. The student is able participate in meetings and write a minutes of meetings. The student can use a computer fluently and knows the meaning of IT in business. The student participates in team activities on a regular basis and does the team's tasks in her role carefully.

Assessment criteria, excellent (5)

The student is able to apply her knowledge in financial management, marketing, personnel management and law needed to carry on business. The student is able to apply the legal principles of different business areas and their interdependences. The student is able to analyze and develop a business and apply his/her knowledge in this task. The student is able to explain, why continuous development is important for companies. The student is able to hold meetings necessary according to the rules and regulations and is able to draw up the minutes of the meetings. The student can use a computer fluently and apply and develop its use in different business tasks. The student participates in team activities on a regular basis and does the team's tasks in different roles carefully. The student is able to develop the team's work.

Materials

Recommended or Required Reading

- Kubr et al. 1998. Starting up. Achieving success with professional business planning. McKinsey & Company.
Available: http://www.scribd.com/doc/4505824/Mckinsey-Starting-Up-Business-Planning-Manual

- Isaacs et al. 2009. Engineer Your English. Edita Publishing: Helsinki.

- Kotler P., Armstrong G., Saunders J. & Wong V. 2008. Principles of Marketing.

- Harrison-Horngren. 2008. Financial Accounting. Pearson Education: New Jersey.

- Surakka. 2005. Access to Finnish Law. WSOY.

- Hogan. 2009. Practical Computing. Prentice Hall.

- Other material distributed by the lecturer.