ECONOMY AND BUSINESS ORGANIZATION

Ingegneria Alimentare - Food Engineering ECONOMY AND BUSINESS ORGANIZATION

0622800019
DIPARTIMENTO DI INGEGNERIA INDUSTRIALE
EQF7
FOOD ENGINEERING
2022/2023



OBBLIGATORIO
YEAR OF COURSE 2
YEAR OF DIDACTIC SYSTEM 2019
AUTUMN SEMESTER
CFUHOURSACTIVITY
660LESSONS
Objectives
Knowledge and understanding:
Macroeconomics and microeconomics; The concept of enterprise and industry. Designing business organization: basic elements; macrostructure; decentralization; bureaucracy; adhocracy. Financial statements and ratio analysis: balance sheet; income statement; liquidity; profitability.

Applying knowledge and understanding – engineering analysis:
Analyze an economic balance-sheet and assess the economic and financial condition of enterprises.
Applied knowledge and understanding - engineering design:
Being able of understanding the main variables of organizational design and of identifying the best configuration, according to the contingent factors.
Making judgments - engineering practice
Knowing how to make decisions on the basis of financial information. Knowing how to organize a working group.
Transversal skills - communication skills:
Knowing how to present the subjects related to the organization and business management.
Learning skills – transversal skills:
Ability to apply knowledge in different situations than those presented in the course and ability to refine own knowledge.
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 STRONGLY 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
More Information
The course is taught in english.
  BETA VERSION Data source ESSE3 [Ultima Sincronizzazione: 2022-11-21]