Family Business and Business Transfer
| Structure Type: | Course |
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| Code: | KD07CHYR100 |
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| Type: | Elective |
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| Level: | Bachelor |
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| Credits: | 4.0 points |
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| Responsible Teacher: | Varamäki, Elina |
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| Language of Instruction: | Finnish |
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Learning Outcomes
Students are able to recognise specific questions of family businesses and their impact on business operations. Students know the central elements of succession or ownership transfer and they are able to plan the implementation of succession or ownership transfer.
Student's Workload
- contact teaching 20 h (75% compulsory)
- independent work 85 h including tutoring
Prerequisites / Recommended Optional Courses
Introduction to business management
Contents
- specific features of a family business
- board of directors in a family business
- copreneurship
- planning and implementing the succession and business transfer from the point of view of ownership, management responsibility and knowledge transferring
-a merger as a way to start or to grow business
Recommended or Required Reading
- Articles distributed by the lecturer (in English).
- Koiranen: Juuret ja siivet (Roots and wings).
- Heinonen (ed.). Yrityksen sukupolven- ja omistajanvaihdos (Succession and ownership transfer in a business. Tietosanoma
- Hautala (ed.). Vetäjä vaihtuu - opaskirja yrittäjäpolvenvaihdoksiin (Guide to succession)
Mode of Delivery / Planned Learning Activities and Teaching Methods
- contact teaching
- visitor lecturers
- case-work
- group work
Assessment Criteria
Excellent 5
Student recognizes in an excellent way the special characteristics of family business and he can take into
account their impacts on business.
Student recognizes in an excellent way the key perspectives in succession and business transfer.
Studen is able to plan the implementation of business transfer in a versatile way.
Good 4-3
Student recognizes in an excellent way the special characteristics of family business and he can take into
account their impacts on business.
Student recognizes well the key perspectives in succession and business transfer.
Studen is able to plan the implementation of business transfer in a quite versatile way.
Satisfactory 2-1
Student recognizes well the special characteristics of family business and he can take into account
their impacts on business.
Student recognizes the key perspectives in succession and business transfer.
Student is able to preliminary plan the implementation of business transfer.
Assessment Methods
- case work 30%
- succession or business transfer plan 70%
Work Placement
Work placement is not included in the course
Further Information
The course produces 3 R&D credits
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