Starting up a business

Structure Type:	Course
Code:	KD07APYR102
Type:	Compulsory
Level:	Bachelor
Credits:	9.0 points
Responsible Teacher:	Mutka-Vierula, Kristiina
Teacher Team:	Hannu, Helena ; Mutka-Vierula, Kristiina ; Palomäki, Hannu ; Palomäki, Juhani ; Salmela, Pirjo ; Potka-Soininen, Tuulia ; Råtts, Saija ; Salonen, Marja ; Turunen, Tero
Language of Instruction:	Finnish

Course Implementations, Planned Year of Study and Semester

Curriculum	Semester	Credits	Start of Semester	End of Semester
LITAKO-2013	1 autumn	9.0	2013-09-01	2013-12-31
LITAKO-2014	1 autumn	9.0	2014-09-01	2014-12-31

Learning Outcomes

The student knows how to start a business and what it requires in terms of economic and human capital. The student is able to elaborate on the basics of business activities and on the legislation and regulations regarding starting a business. The student is able to explain financial management measures needed in business operations. The student is able to set up ERP-modules. The student is able to explain the meaning of marketing and services in a business and is able to plan and start correct marketing procedures. The student is able to describe the meaning of personnel management as a part of a business and is able to plan for a suitable organization for a target company. The student is capable of describing the prerequisites for a profitable business. The student is able to describe the elements and the ways in which different companies manage internal and external communication and the student is capable of utilising communication skills in business operations. The student is able to appropriately interact and communicate in groups.

Student's Workload

- lectures and guided practice
- independent work

Prerequisites / Recommended Optional Courses

Planning a business

₋ Production and production process
- ERP-modules
₋ Marketing activities
₋ Basics of marketing competitive tools
- Trade fair
- Service preparedness of the personnel
- Incorporation documents of a corporation
- Basics of financial accounting
- Fundamentals of VAT, payroll administration and finance
- Cocktail party
- Techniques of presentation
- Planning and implementing corporate communication
- Communication in groups.

Mode of Delivery / Planned Learning Activities and Teaching Methods

- lectures and guided exercises
- working in a practice enterprise

Assessment Criteria

Excellent (5): The student has carried out work to an excellent standard and participated actively and constructively. The student knows how to start a business and what it requires in terms of economic and human capital. The student is able to elaborate on the basics of business activities and on the legislation and regulations regarding starting a business. The student is able to explain financial management measures needed in business operations. The student is able to explain the meaning of marketing and services in a business and is able to plan and start correct marketing procedures. The student is able to describe the meaning of personnel management as a part of a business and is able to plan for a suitable organization for a target company. The student is capable of describing the prerequisites for a profitable business. The student is able to use communication methods in business operations.

Good (4-3): The student has carried out work well and participated actively. The student is able to plan business operations. The student knows how to start a business and what it requires in terms of economic and human capital. The student is able to elaborate on the basics of business activities and on the legislation and regulations regarding starting a business. The student is able to explain financial management measures needed in business operations. The student is able to explain the meaning of marketing and services in a business and is able to plan and start correct marketing procedures. The student is able to describe the meaning of personnel management as a part of a business and is able to plan for a suitable organization for a target company. The student is capable of describing the prerequisites for a profitable business. The student is able to use communication methods in business operations.

Satisfactory (2-1): The student has carried out work and participated as instructed. The student is able to plan business operations. The student knows how to start a business and what it requires in terms of economic and human capital. The student is able to elaborate on the basics of business activities and on the legislation and regulations regarding starting a business. The student is able to explain financial management measures needed in business operations. The student is able to explain the meaning of marketing and services in a business and is able to plan and start correct marketing procedures. The student is able to describe the meaning of personnel management as a part of a business and is able to plan for a suitable organization for a target company. The student is capable of describing the prerequisites for a profitable business. The student is able to use communication methods in business operations.

Assessment Methods

- Presentations: company presentation, personal presentation (10 %)
- Individual work: exams on accounting and marketing (35 % each), learning diary (20 %),
- Participation in group exercises (accepted/fail)

Work Placement

Work placement is not included in the course.

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