Analysing and Developing a Business

Structure Type: Course
Code: LTYP104
Type: Compulsory
Level: Bachelor
Credits: 7.0 points
Responsible Teacher: Mutka-Vierula, Kristiina
Language of Instruction: Finnish

Course Implementations, Planned Year of Study and Semester

Curriculum  Semester  Credits  Start of Semester  End of Semester
LITAKO-2015   1 spring   7.0   2016-01-01   2016-07-31  
LITAKO-2016   1 spring   7.0   2017-01-01   2017-07-31  

Learning Outcomes

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.

Student's Workload

- lectures and guided practice
- independent work

Prerequisites / Recommended Optional Courses

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

Contents

- 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

Recommended or Required Reading

- Bergström S. ja Leppänen A.: Yrityksen asiakasmarkkinointi, Edita, Helsinki

- Eskola, A. ja Mäntysaari A.: Talousosaamisen perusteet, WSOY Oppimateriaalit Oy, Helsinki

- material provided by the teachers

Mode of Delivery / Planned Learning Activities and Teaching Methods

- Lectures and guided exercises
- Working in a virtual enterprise

Assessment Criteria

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.
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.
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 Methods

- individual work: exam in accounting (30 %), learning diary (30 %), self assessment (15 %) and peer assessment (15 %)
- group assignments: board work (10 %)
- participation in group work (pass/fail)

Work Placement

Work placement is not included in the course.

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