Basics of Business (SVUEK_044)
About Study Course
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.
Prerequisites
Fundamentals of economics, mathematics, statistics, legislation
Learning outcomes
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.
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.
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.
Study course planning
| Study programme | Study semester | Program level | Study course category | Lecturers | Schedule |
|---|---|---|---|---|---|
| Public Health, SVF | 8 | Bachelor’s | Limited choice |
