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Basics of Business
Study Course Description
Course Description Statuss:Approved
Course Description Version:2.00
Study Course Accepted:28.10.2022 14:26:25
| Study Course Information | |||||||||
| Course Code: | SVUEK_044 | LQF level: | All Levels | ||||||
| Credit Points: | 2.00 | ECTS: | 3.00 | ||||||
| Branch of Science: | Economics; Other economic and management sub-sectors | Target Audience: | Public Health | ||||||
| Study Course Supervisor | |||||||||
| Course Supervisor: | Anita Kokarēviča | ||||||||
| Study Course Implementer | |||||||||
| Structural Unit: | Department of Public Health and Epidemiology | ||||||||
| The Head of Structural Unit: | |||||||||
| Contacts: | Riga, Kronvalda bulvāris 9, svek rsu[pnkts]lv, +371 67338307 | ||||||||
| Study Course Planning | |||||||||
| Full-Time - Semester No.1 | |||||||||
| Lectures (count) | 4 | Lecture Length (academic hours) | 2 | Total Contact Hours of Lectures | 8 | ||||
| Classes (count) | 8 | Class Length (academic hours) | 3 | Total Contact Hours of Classes | 24 | ||||
| Total Contact Hours | 32 | ||||||||
| Study course description | |||||||||
| Preliminary Knowledge: | Fundamentals of economics, mathematics, statistics, legislation | ||||||||
| Objective: | To promote the acquisition of basic knowledge about the importance of entrepreneurship in the economy, business forms, legal aspects of the organization of work and finance planning. | ||||||||
| Topic Layout (Full-Time) | |||||||||
| No. | Topic | Type of Implementation | Number | Venue | |||||
| 1 | The nature and functions of entrepreneurship. Business - one of the lines of business. The company's concept, objectives, philosophy, motivation, role. | Lectures | 1.00 | auditorium | |||||
| 2 | The nature and functions of entrepreneurship. Business - one of the lines of business. The company's concept, objectives, philosophy, motivation, role. | Classes | 1.00 | auditorium | |||||
| 3 | Commercial law. Legal aspects - responsibility, distribution of powers, forms of control, ways of raising capital, investment in equity. Company registration, reorganization, liquidation. | Classes | 1.00 | auditorium | |||||
| 4 | Motives for establishment, objectives, necessary resources. The main functions of management (planning, organizational structure choice, motivation, control). Administrative documents, special documents. | Classes | 1.00 | auditorium | |||||
| 5 | Motives for establishment, objectives, necessary resources. The main functions of management (planning, organizational structure choice, motivation, control). Administrative documents, special documents. | Lectures | 1.00 | auditorium | |||||
| 6 | Motives for establishment, objectives, necessary resources. The main functions of management (planning, organizational structure choice, motivation, control). Administrative documents, special documents. | Classes | 1.00 | auditorium | |||||
| 7 | The concept of Business environment, the impact on the business results, decisions. Entrepreneurial microenvironment, macroenvironment. The role of State in improving the business environment. | Classes | 1.00 | auditorium | |||||
| 8 | The concept of financing, its essence. The role of financial resources for the company. Equity and borrowed capital. Internal and external financing. The source of financing characterization. Participation in the financing of various business forms. | Lectures | 1.00 | auditorium | |||||
| 9 | The concept of financing, its essence. The role of financial resources for the company. Equity and borrowed capital. Internal and external financing. The source of financing characterization. Participation in the financing of various business forms. | Classes | 1.00 | auditorium | |||||
| 10 | Provisions governing institutions economic activity. Financial accounting, management accounting. The company's annual report, its components (balance sheet, profit and loss statement, cash flow statement, management report). The anexes, explanations of balance sheet items. | Lectures | 1.00 | auditorium | |||||
| 11 | Provisions governing institutions economic activity. Financial accounting, management accounting. The company's annual report, its components (balance sheet, profit and loss statement, cash flow statement, management report). The anexes, explanations of balance sheet items. | Classes | 0.50 | auditorium | |||||
| 12 | Developmental stages of a business. Business planning advantages. Contents of a business plan (goals, objectives, leadership, the necessary resources, product or service description, market and competitor analysis, summary), the amount, presentation. | Classes | 1.00 | auditorium | |||||
| 13 | The types of risk in business (manufacturing, financial, market, human factor, political, natural risk). Analysis of risks. The main risk mitigation measures. The most common business risks Latvia. | Classes | 0.50 | auditorium | |||||
| Assessment | |||||||||
| Unaided Work: | Individual work with study materials and literature. They develop presentations about topics covered in the study course. | ||||||||
| Assessment Criteria: | Cumulative assessment that consists of assessment of the independent work completed during the course – 50% and exam grade – 50%. To be able to take the exam, student has to have a positive assessment in all the independent work completed during the study course. To receive a final grade, examination is mandatory. The assessment of independent work in case of an unsuccessfully passed exam does not increase the final assessment grade. | ||||||||
| Final Examination (Full-Time): | Exam (Written) | ||||||||
| Final Examination (Part-Time): | |||||||||
| Learning Outcomes | |||||||||
| Knowledge: | Students will be able to: - distinguish between the economic, business and commercial activities, - name the main legislation governing business, - explain the need of operating records; - define the basic principles of accounting, - name and describe the types of business risk. | ||||||||
| Skills: | The students will be able to: - compare the forms of business, identify their strengths and weaknesses, - choose the appropriate form of business to the specific economic activity, - develop a business plan, - carry out SWOT and PEST analysis, - establish an appropriate organizational structure, to identify the necessary resources. | ||||||||
| Competencies: | The students will be able to: - analyze the Latvian business environment and the state's role in promoting entrepreneurship, - evaluate the effectiveness of control methods, - analyze the company's financial performance, - assess the risks and make decisions for mitigation and prevention. | ||||||||
| Bibliography | |||||||||
| No. | Reference | ||||||||
| Required Reading | |||||||||
| 1 | Leibus I. 2019. Uzņēmuma darbības uzsākšana, grāmatvedība un nodokļi. Rīga: Lietišķās informācijas dienests, 176 lpp. | ||||||||
| 2 | LR Komerclikums | ||||||||
| 3 | Drukers P. F. 2014. Efektīvs vadītājs. Rīga: Zoldnera izdevniecība, 224 lpp. | ||||||||
| Additional Reading | |||||||||
| 1 | Braiena L, Hola R. 2019. Uzņēmējdarbība iesācējiem. Rīga: Zvaigzne ABC, 128 lpp. | ||||||||
| 2 | Drukers P. F. 2014. Efektīvs vadītājs. Rīga: Zoldnera izdevniecība, 224 lpp. | ||||||||
| Other Information Sources | |||||||||
| 1 | http://www.em.gov.lv/ | ||||||||
| 2 | http://www.fm.gov.lv/ | ||||||||
| 3 | https://www.vid.gov.lv/ | ||||||||
| 4 | http://www.csb.gov.lv/ | ||||||||
| 5 | Biznesa skices | ||||||||
