Name: BUSINESS MANAGEMENT
Code: 505101009
Type: Basic
ECTS: 6
Length of subject: Per term
Semester and course: 1st Year - Second term
Speciality:
Language: English
Mode of study: On-site class
Lecturer data: HONTORIA HERNÁNDEZ, ELOY
Knowledge area: Organización de Empresas
Department: Economía de la Empresa
Telephone: 968326479
Email: eloy.hontoria@upct.es
Office hours and location:
Qualifications/Degrees:
Academic rank in UPCT: Profesor Contratado Doctor
Number of five-year periods: 3
Number of six-year periods: 0
Curriculum Vitae: Full Profile
Responsible for the groups: G1
[CB1 ]. Students are required to show they possess and understand knowledge in an area of study that starts from the base of general secondary education, and that they are at a level which includes aspects that imply knowledge coming from the forefront of their field of study.
[CB2 ]. Students are required to be able to apply their knowledge to their job or vocation in a professional manner, and to possess the skills that are usually demonstrated through the elaboration and defense of arguments and the resolution of problems within their area of study.
[CG8 ]. To learn about and apply basic elements of Economics and Human Resources management, organization and project planning, as well as legislation, regulation and standardization in telecommunications.
[B5 ]. Adequate knowledge of the concept of company, institutional and legal framework of the company. Organization and management of companies.
No tiene requisitos previos.
[TR1 ]. Spoken and written effective communication
[TR7 ]. Designing and undertaking innovative projects
At the end of the teaching period, students should be able to carry out following tasks:
1- To understand basic variables regarding the Economic System.
2- To identify internal elements of a company.
3- To be able to apply methods for the decision making.
4- To know the elements surrounding logistics and production planning.
5- To manage several method for the investment analysis.
La empresa y el entorno. Las funciones directivas: planificación, organización, dirección y control. Gestión de la producción, de los recursos humanos y gestión comercial. UNIT 1: THE COMPANY 1.1. Conceptual Dimension of the company 1.2. The functions of the company 1.3. The elements of the company 1.4. The company as a system 1.5. Business classes 1.6. The entrepreneur. Concept and attributes. UNIT 2: THE COMPANY AND ITS ENVIRONMENT 2.1. Economic Systems: Free Market, Planned Economy and Mixed Economy 2.2. The company and its environment 2.3. Strategic Management: SWOT Analysis 2.4. Competitive Advantage and Strategy 2.5. The Value Chain 2.6. Company Competitiveness 2.7. Porter-s five competitive forces analysis UNIT 3: THE MANAGEMENT FUNCTION 3.1. Concept and importance of management 3.2. Management Styles 3.3. Motivation: Theories of Motivation, Basic Instrument of Motivation 3.4. Communication UNIT 4: THE DECISION-MAKING PROCESS 4.1.- Decision making. Basic elements 4.1.1.- Phases in the decision making process 4.1.2.- Basic Elements 4.2.- Decision criteria 4.2.1.- Choice under certainty 4.2.2.- Choice under risky situations. 4.2.3.- Choice under uncertainty 4.3. - Decision Trees UNIT 5: THE VALUE OF MONEY IN TIME 5.1. Update and Capitalisation 5.2. Companies Investments 5.3. Evaluation Methods 5.3.1. Static Methods: The Pay-Back Rule 5.3.2. Dynamic Methods: Net Present Value (VAN) and Internal Rate of Return (TIR) methods, Discounted Pay-Back, the Profitability Index UNIT 6: PRODUCTION SYSTEM DESIGN 6.1 Location 6.1.1. Introduction to location and its importance 6.1.2. The Importance of the decision of location 6.1.3. Overall procedure for the decision-making process of location 6.1.4. Quantitative methods for location 6.2 Plant Lay Out. UNIT 7: INTERNAL MANAGEMENT OF A COMPANY 7.1. Inventory Management 7.2. Inventory Concept 7.3. Evolution of an Inventory 7.4. Security Stock 7.5. Inventory Costs: Economic Order Quantity Formula (EOQ) 7.6. ABC Method 7.7. Logistics: The Supply Chain Management 7.8. Production Planning 7.9. MRP Systems
UNIT 1: THE COMPANY
1.1. Conceptual Dimension of the company
1.2. The functions of the company
1.3. The elements of the company
1.4. The company as a system
1.5. Business classes
1.6. The entrepreneur. Concept and attributes.
UNIT 2: THE COMPANY AND ITS ENVIRONMENT
2.1. Economic Systems: Free Market, Planned Economy and Mixed Economy
2.2. The company and its environment
2.3. Strategic Management: SWOT Analysis
2.4. Competitive Advantage and Strategy
2.5. The Value Chain
2.6. Company Competitiveness
2.7. Porter¿s five competitive forces analysis
UNIT 3: THE MANAGEMENT FUNCTION
3.1. Concept and importance of management
3.2. Management Styles
3.3. Motivation: Theories of Motivation, Basic Instrument of Motivation
3.4. Communication
UNIT 4: THE DECISION-MAKING PROCESS
4.1.- Decision making. Basic elements
4.1.1.- Phases in the decision making process
4.1.2.- Basic Elements
4.2.- Decision criteria
4.2.1.- Choice under certainty
4.2.2.- Choice under risky situations.
4.2.3.- Choice under uncertainty
4.3.- Decision Trees
UNIT 5: THE VALUE OF MONEY IN TIME
5.1. Update and Capitalisation
5.2. Companies Investments
5.3. Evaluation Methods
5.3.1. Static Methods: The Pay-Back Rule
5.3.2. Dynamic Methods: Net Present Value (VAN) and Internal Rate of Return (TIR) methods, Discounted Pay-Back, the Profitability Index
UNIT 6: PRODUCTION SYSTEM DESIGN
6.1 Location
6.1.1. Introduction to location and its importance
6.1.2. The Importance of the decision of location
6.1.3. Overall procedure for the decision-making process of location
6.1.4. Quantitative methods for location
6.2 Plant Lay Out.
UNIT 7: INTERNAL MANAGEMENT OF A COMPANY
7.1. Inventory Management
7.2. Inventory Concept
7.3. Evolution of an Inventory
7.4. Security Stock
7.5. Inventory Costs: Economic Order Quantity Formula (EOQ)
7.6. ABC Method
7.7. Logistics: The Supply Chain Management
7.8. Production Planning
7.9. MRP Systems
Promoting the continuous improvement of working and study conditions of the entire university community is one the basic principles and goals of the Universidad Politécnica de Cartagena. Such commitment to prevention and the responsibilities arising from it concern all realms of the university: governing bodies, management team, teaching and research staff, administrative and service staff and students. The UPCT Service of Occupational Hazards (Servicio de Prevención de Riesgos Laborales de la UPCT) has published a "Risk Prevention Manual for new students" (Manual de acogida al estudiante en materia de prevención de riesgos), which may be downloaded from the e-learning platform ("Aula Virtual") under the "Act in an Emergency" section, "Technical Guides" tab, with instructions and recommendations on how to act properly, from the point of view of prevention (safety, ergonomics, etc.), when developing any type of activity at the University. You will also find, in the "Act in an Emergency", sectionrecommendations on how to proceed in an emergency or if an incident occurs. Particularly when carrying out training practices in laboratories, workshops or field work, you must follow all your teacher's instructions, because he/she is the person responsible for your safety and health during practice performance. Feel free to ask any questions you may have and do not put your safety or that of your classmates at risk.
Personal study (group or individual)
Personal study (group or individual)
60
0
Preparation of assignments and exercises (includes time for bibliographic consultation and documentation)
Preparation of assignments and exercises (includes time for bibliographic consultation and documentation)
60
0
Theory class
Theory class delivered by the lecturer according to the schedule timetable
36
100
Problem solving and case study class
Problem solving delivered by the lecturer according to the schedule timetable
18
100
Presentation of assignments before the professor
Individual or team assignments will be presented according to the scheduled timetable.
3
100
Performance of evaluation tests (duration of exams and other evaluation tests in the classroom)
Individual or team assignments will be presented according to the scheduled timetable.
3
100
Presentation of assignments in class
During the course, students must hand in individual activities/assignments which may vary between 5% and 10%.
There is no minimum score for this activity.
The activities "Presentation of assignments in class" (5%) and "Handing in of assignments or projects" (20%) will be carried out during the teaching period.
Equivalent recovery activities will be carried out during the ordinary and extraordinary assessment periods by means of additional of additional theoretical questions in the final examinations, with the same weighting applied.
Evaluated learning outcomes: 1, 2, 3, 4, 5, 6, 7, 8.
5 %
Final Assignment
As the end of the academic year approaches, students must give an oral presentation on their individual or group projects. The weighting of this activity, which depends on the number of students, can range from 15% to 20%.
There is no minimum mark for this activity.
The activities "Presentation of assignments in class" (5%) and "Handing in of assignments or projects" (20%) will be carried out during the teaching period.
Equivalent recovery activities will be carried out during the ordinary and extraordinary assessment periods by means of additional of additional theoretical questions in the final examinations, with the same weighting applied.
Learning outcomes assessed: 1, 2, 3, 4, 5, 6, 7, 8.
20 %
Written and/or oral exams (assessment of theoretic and applied content and/or laboratory practice)
2 Partial exams will be performed in available periods (first and second period for partial exams) in the continuous evaluation system. The weighting of the first partial equals to 25% and for the second partial is 50%. Total weight of these exams = 75%.
Student must obtain a minimum grade of 3 points for the first partial and 3.5 points for the second one, in order to compensate each one of them with other exams or activities.
The activities "Presentation of assignments in class" (5-10 %) and "Submission of assignments or projects" (15-20 %) will be accompanied by equivalent make-up assessments in the form of additional theoretical questions in the final examinations for the ordinary and supplementary assessment periods, with the same weighting applied.
The activity "Written and/or oral exams" (75%) will also have an equivalent recovery examination in the ordinary and extraordinary assessment periods, maintaining the same weighting.
Students may recover exclusively those assessment activities that have not been passed or completed and may obtain up to 100% of the final grade of the course.
Following learning outcomes will be assessed: 1-2-3-4-5
75 %
The activities "Presentation of assignments in class" (5-10%) and "Handing in of assignments or projects" (15-20%) will be carried out during the teaching period. Correspondence in the ordinary and extraordinary final assessment: Presentation of assignments in class: students who have not passed or have not completed this activity during the teaching period may recover it in the ordinary and extraordinary final assessment by answering an additional question in the final exam with the same weighting (5-10%). Handing in of assignments or projects, 20%: students who have not passed or have not completed this activity during the teaching period may recover it in the ordinary and extraordinary final assessment by answering an additional question in the final exam with the same weighting (10-15%). Written and/or oral exams (2 partial exams = 75%): students who have not passed one or both partial exams may recover the corresponding part in the ordinary and extraordinary final assessment. The first part keeps a weighting of 25% and a minimum grade of 3/10. The second part keeps a weighting of 50% and a minimum grade of 3.5/10. For each repeated assessment activity, the most favourable mark between the continuous assessment activity and its corresponding final assessment activity will be considered.
Author: Domínguez Machuca, J. A.
Title: Dirección de operaciones aspectos estratégicos en la producción y los servicios
Editorial: McGraw-Hill
Publication Date: 2001
ISBN: 8448118480
Author: García González, Santiago, Domínguez Machuca, J. A.
Title: Dirección de operaciones aspectos tácticos y operativos en la producción y los servicios
Editorial: MacGraw-Hill
Publication Date: 2003
ISBN: 8448118030
Author: Chase, Richard B.
Title: Dirección y administración de la producción y de las operaciones / Richard B. Chase, Nicholas J. Aquilano ; versión en español de Ernesto Morales Peake, con la colaboración de Jose Mª Ibáñez
Editorial: Addison-Wesley Iberoamericana
Publication Date: 1994
ISBN: 0201601109
Author: Domínguez Machuca, J.A.
Title: El subsistema de inversión y financiación de la empresa: problemas y fundamentos teóricos
Editorial: Pirámide
Publication Date: 1984
ISBN: 8436802527
Aula Virtual
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