Basics of Business Competence (2cr)

Objective

The student is able to
- define the basic concepts of business operations, diffrent types of business concepts in different fields, operational and revenue generation models
- analyse the meaning and purpose of creating and planning new business
- analyse the meaning and purpose of the different functions of existing business
- produce a business plan at least a theoretical level either individually or in a team
- identify the most important public and private players that support starting and developing business operations, finance and information sources in Finland.

Content

- business idea, its content and use
- fundamental business costs
- marketing
- basics of company, contract and commercial law
- innovation
- logistics in the production of goods and services
- product development and prductization
- leadership and human resource management
- ethics, sustainable development
- calling for tender, procurements
- forms and sources of financing
- basics of drawing up a business plan

Materials

Material is reported in the beginning of the course

Teaching methods

Lectures, assignments, business plan

Student workload

Lessons 20 hours and assignments 34 hours

Assessment criteria, satisfactory (1)

Level 5:
The student is able to assess and analyse by means of concepts what he/she has learned. The student is able to present and apply process management. The student is able to apply the business competence theories he/she has learned in a goal-oriented and realistc way.

Level 3-4:
The student is able to explain processes of business activities and produce examples and plans.

Level 1-2:
The student is able to identify and define the basic concepts of business competence and examine business activities by means of these concepts.

Qualifications

- Business operations and entrepreneurship (a course in the basic studies common to all in SeAMKI