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Studies
Subjects, Period I
Business law
See also:
Exam: Wed 8.12.2004 08:20
Book: An introduction to Finnish law, Kauppakaari -> Finnish Lawyers Publishing, Second Edition 2002
Essential chapters:
- Chapter one Introduction 1-20
- Chapter two Sources of law and material on sources of law 21-30
- chapter three Constitutional law and Human rights 31-56
- chapter four Law of obligations 59-111
- chapter five Business law 115-166
- chapter seven Property law 211-244
- chapter eight Intellectual property law 245-312
- chapter ten Legal procedure 357-402
Business economics
See also:
- Economics for an overview
- list of economics topics provides a complete list of all economics topics
- Category:Economics gives an alphabetical listing of articles in that category
Portfolio tasks
- Read Unit 7 and compose a summary of it
Goals
Themes
- Price theory
- Demand theory
- Theory of the firm
- Production
Learning
- pricing products
- price change based on demand
- elasticity (economics) measurements
- market behaviour
- cost analysis
- Demand theory
- Supply
- Supply and demand
August 24. 2004
August 31. 2004
Types of economy:
- the free market economy
- the command economy
- the mixed economy
Every economy is made of three sectors:
- Primary sector of industry
- Secondary sector of industry / manufacturing section
- Tertiary sector of industry / service sector
Specialization requires markets
September 7. 2004
- Specialization necessitates trade
- Money is the primary medium of exchange
-
Goods:
- Normal goods
- Inferior goods
- Giffen goods
- ( Veblen good not included in study material)
September 14 2004
- Monopoly ( Oligopoly)
- Wasteful competition
- Public goods
- Merit and demerit goods
- Externalities
- Information failure
- Inequalities
Financial and management accounting
See also:
- Category:Finance
- List of finance topics is huge
- See subsection Corporate finance for most relevant links
- list of accounting topics:
August 27. 2004
- The balance sheet
- Assets
- Liabilities
- Entity
- Transaction
- Account
- Inventory
- Accounts receivable
- Accounts payable
- Compound entry
- Creditor
- Debtor
- examples of balance sheets
Self study: Pages 16-27
- Definitions & explantations for all the key (bold) terms
- Stockholders == roughly the same as shareholders (see p. 19), stakeholders is a wider concept, incl. all internal as well as external groups and parties having an interest in the corporation
- Relationship between Stockholders, Board of directors and Managers (Personnel)
- Role of a controller vs. that of a treasurer in a corporation
- Sole proprietorship ( sole trader)
- Partnership
- Limited liability
- Owners' equity
- Stockholders' equity
- par value ( stated value)
- paid-in capital
- Common stock
- Stockholders elect Board of directors which appoints Managers
- Auditor
- Certified public accountant ( CPA)
- Audit
- public accountant
- private accountant
September 3. 2004
September 10. 2004
- Exercises 1-20 to 1-22 on page 32, recommended
- 1-23 to be done individually
- 1-25 on p.33 altogether
- Net-presentations: Chapters 1 & 2 verry quickly to get to know the key issues
- Chapter 2, study carefully for the next time (three weeks to study)
- p. 42-54 "Introduction to income measurement"
- p. 44-48 "measuring income"
- p. 48-54
- p. 54-56 The income statement
- Very quickly only: Statement of cashflows p.56-57
- Problems and solutions No. 1-3 on p. 57, 63 & 69
- Questions 2-1 to 2-9, p. 71
- pages 74-77, exercises 2-35 and either 2-40 or 2-42
- No lectures next or the week after that
See also:
- Category:Finance
- List of finance topics is huge
- See subsection Corporate finance for most relevant links
- list of accounting topics:
October 22. 2004
Summary
Chapter 4
p. 132 Transactions
- Implicit
- Explicit
p. 134 Unearned revenue
p.145
- Current assets
- Current liabilities
- Working capital (==käyttöpääoma) = Current assets - non-interest bearing current liabilities
p.146
p.154
p. 156
- FASB defines GAAP (US)
- IASB defines IFRS (formerly known as IAS
- SEC Securities and Exchange Comission
Procurement and supply chain management (logistics)
Exam is on 13.12.2004 11:00-13:45 or alternatively an oral exam
See:
Categories:
International trade:
August 23. 2004
Procurement is "Hankinta" in Finnish
SCM stands for Supply chain management
Procurement includes: Order, Supply, Delivery, Product Research, Payment, Price, Customer satisfaction
August 30. 2004
Read pages 1-35 from the book in advance:
Supplier evaluation variables:
- Price
- Delivery
- Quality
- Service
- Outsourcing
- Just In Time (JIT)
- Form utility: raw material, SFP, FP
- ( CRM)
- ( CNC)
September 6. 2004
Documents: List of business documents
Links
- http://www.purchasing.com
- http://help.sap.com
- http://www.export911.com/e911/ship/ship.htm
- http://europa.eu.int/comm/dgs/energy_transport/index_en.html
Schedule Part I Logistics, supply chain management 23.8.-18.10.2004
Logistics activities 23.8-18.10.2004
- Consepts: The Basics
- Sourcing
- Purchasing process
- Procurement process
- Integrated
Logistics
- Customer service
- JOT
- Service response logistics
Part II
-
Inventory management
- Inventories costs
- EOQ == Economic order quantity
-
Transport management
- Transportation modes
- Containers
- Transportation documents
Part III Logistics simulation 25.10-29.11.2004
- Simulation cases
Project management
See also:
August 23. 2004
- Concept and definition of a project
- Project management
- Project cycle management, from conception to implementation
- Knowledge areas in project management
- Qualifications of a good project manager
- Planning analyses: SWOT analysis, problem analysis
- Project plan and budget
- MS Project as a planning tool
- Implementation, monitoring, reporting
- Project organisation and stakeholders
- Project communication
- Risk management
- Closure, exploitation and distribution of results
- Special features of international projects
Characteristics of a project: it has...
- Unique & concrete results
- Limited time (beginging and an ending)
- Plan
- Team
- Target
- A Leader
- Work
- Limited resources
Classically defined as projects:
- New product development
- Research
- Development (operational)
- Delivery
- Investments
August 30. 2004
...
Basics of marketing
See also:
September 3. 2004
- Top management ( Strategic management): Long term planning (3-10 yrs) == Strategic planning (usually 5 yrs)
-
Middle management:
Operational management (1-2 yrs)
- Creating marketing mix strategy
- How to allocate resources
- Day-to-day business
- SBU - Strategic Business Unit
- Strenghts
- Weaknesses
- Opportunities
- Threats
Computing A
list of information technology management topics:
Mathematics for business
August 24. 2004
Algebra refresher:
- Transitive property
- Commutative property
- Associative property
- Inverse property
- Multiplicative inverse
- Reciprocal
- Distributivity
August 30. 2004
September 7. 2004
Chapter 1: Equations
-
Linear equations:
- Theory pp. 36-37 quickly together
- Examples #3-7 on pp. 39-41 individually
- The odd ones of exercises #1-30 on pp. 41-42
- Equations leading to linear equations
- pp. 42-45 together
- The odd ones of exercises #1-38 on pp. 46-47
Ekonomisvenska
75% attendance - below that will lower the grade
Literature: H0991E/5 Fabritius/Melkko Samspel WSOY, pages 8, 10-12, 17-28, 50-55, 60-64, 67-68, 70, 91-94, 98-103, 115-117, 119-120, 122-126
Wordtest:
- 29.9.
- 17.11.
Oral exam:
- 24.11.
Written exam:
- 1.12.
25.8.04
Next time: Exercise 4
Basics of French
Empty schedule template
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