Analysing and Developing a Business (7cr)

Evaluation scale

1-5

Objective

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 is able to use the essential modules of ERP-system. The student is able to hold meetings necessary according to the company law and is able to draw up the minutes of the meetings.

Content

- analyzing and developing a company
- the impact of growth on the future strategy of a company
- the role of planning in marketing
- financial statements
- analyzing the company profit and financial status
- company life cycle
- board of directors' meeting, general meeting of a company
- budgeting the next financial year
- self and peer evaluation

Materials

- Bergström S. ja Leppänen A.: Yrityksen asiakasmarkkinointi, Edita, Helsinki, 2015 or newer
- Jormakka, Koivusalo, Lappalainen ja Niskanen: Laskentatoimi, Edita, Helsinki, 2015 or newer
- material provided by the teachers

Teaching methods

Lectures and guided exercises
- Working in a virtual enterprise

Employer connections

Work placement is not included in the course.

Student workload

- lectures and guided practice
- independent work

Assessment criteria, satisfactory (1)

Satisfactory (2-1): The student has carried out work and participated as instructed. The student is able to plan business operations. 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 is able to hold meetings necessary according to the company law and is able to draw up the minutes of the meetings.

Assessment criteria, good (3)

Good (4-3): The student has carried out work well and participated actively. The student is able to plan business operations. 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 is able to hold meetings necessary according to the company law and is able to draw up the minutes of the meetings.

Assessment criteria, excellent (5)

Excellent (5): The student has carried out work to an excellent standard and participated actively and constructively. 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 is able to hold meetings necessary according to the company law and is able to draw up the minutes of the meetings.

Qualifications

- Planning a Business
- Starting up a Business
- Running a Business