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Profitability Planning and Finance (5cr)

Course unit code: R307D18BOJ

General information


Credits
5 cr
Teaching language
English

Objective

Tieto puuttuu

Content

Content:
- Cost terms and concepts
- Cost-Volume-Profit analysis
- Cost assignments
- Pricing decisions
- Budgeting - process and control
- Cost management
- Strategic planning systems
- Management control / accounting systems
- Mathematical methods of profitability analysis

Assessment criteria, satisfactory (1)

Satisfactory
Good
Excellent
Innovations, entrepreneurship and IP-rights
Students can describe various innovation methods and its application in entrepreneurship. Student is able to make a business plan based on the basic structure. Student can list the main IP rights used in business.
Student can apply various innovation methods in entrepreneurship with the assistance.Student is able to make a business plan and justify his/her business idea. Student can explain IP rights by giving examples.
Student can apply various innovation methods in entrepreneurship independently. Student is able to make a business plan and critically evaluate his/her business idea. Student is able to explain the meaning of different IP rights in business.
Profitability planning and finance
Student can name the main concepts of profitability planning and finance and knows its meaning for small business
Student deeply understands the meaning of profitability planning and finance for business and can calculate basic calculations with assistance
Student is able to calculate profitability planning and finance calculations for his/her own business idea or given case/company.
Service design and service innovation case
Student can create and implement a service design/innovation case / project with assistanceStudent can create and implementa service design/innovation case/project by leaning the material given.Student can create and implementa service design/innovation case/project and apply the theory given for specific case/project.

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