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Business Management Essentials

9 ECTS
Bachelor
Czech | English
Jarmila Zouharová

The course aims at providing students with essential knowledge of management and of how an enterprise works. The course emphasizes acquiring practical knowledge and skills.

Course outline

A part of the classes dealing with management is organized into the following blocks.
Introduction to management
Management. Managers. Organization. Internal environment of an organization. External environment of an organization. Management functions.
Planning
Plan. Planning. Goals. Activities. Resources. Schedules. Strategic planning. The principle of navigational changes.
Organizing and organizational structure
Organizing, Management span. Organizational forma. Centralizing. Decentralizing. Organizational structure. Mechanic and organic formation of organizational structure.
Strategy
Strategy. Strategic planning. Strategic management. SWOT analysis. Competitive advantage. Segment. Company processes.
Budget
Revenue. Expenditures. Fixed expenditures. Variable expenditures.
Implementation, management, organization identity
Implementation. Motivation. Influencing. Leadership. Coordination. External audit, internal audit. Assessment criteria.
A manager’s profile
A manager’s personality. Core functions of a manager’s job. General principles of a manager’s job. A manager’s work style. Motivation. Setting goals. Self-management. Team management.
Decisions
Decision-making. The structure of a decision-making process. Decision-making models. Good and bad decision-making.
Supervision and controlling
Controlling. The purpose of controlling. The controlling system of an organization.
Management typology
HR management. An HR manager. Financial management. Quality management.
Communication and presentation skills in management practice

A part of the classes dealing with how an enterprise works, accounting and tax essentials is organized as follows.
The key terms and categories of corporate economy
Enterprise and business. Legislation with regard to entrepreneurship.
The enterprise system in the Czech Republic
The environment of a business (economic, technological, political-legal, socio-cultural). New challenges and opportunities.
The term accounting, its sense and subject, the users of financial statements
Elements of financial statements
Assets and liabilities, expenditures and income, expenses and revenues. The classification of expenses according to the type and purpose.
Tax essentials
A brief description of the tax system in the Czech Republic, corporate income tax, employee taxation, taxation of the self-employed, including insurance (from the perspective of a business corporation or a self-employed person as an employer), VAT, the road tax and property taxes (from the viewpoint of a business).
The process of planning business activities
A business plan, the sense and goal of a plan in business activities, methods and forms of planning activities. Compiling and structuring a business plan.
The essence of financial management and financial goals of an enterprise
The place of financial analysis and financial planning in business management.
Risk management and elimination in an enterprise
Risk and its concept in business practice. Systemization of risk. Preventing the emergence of risk. The corporate risk management model and its applications.
The process of terminating business activities
Liquidation of an enterprise. The concept of liquidation vs. insolvency. The process and individual phases of the liquidation of an enterprise. Evaluation methods of assets of an enterprise in the process of liquidation of an enterprise. A liquidator’s activity in the process of liquidation of an enterprise.
Practical introduction to law essentials
Civil Law, Business and Labour Law.
Copyright and its specifics in IT
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