Business Administration

This course focuses on the conceptual, analytical and practical concerns that are critical to solving issues that arise in business administration. The course provides an enhanced understanding of the nature of business administration and the structures and strategies that can be adopted in different situations to ensure success.

The course on “Business Administration” consists of a study book and computer multimedia program (CD-ROM) that can be used on the learner’s personal computer as well as on the automatic “DOTSENT” system for remote training, allowing entries to the training software to be made from any location that is equipped and which has access to computer networks. The course contains seven parts with interactive lectures and tests.

Content:

• Business - art and science

• Foundations of economical and production administration

• Financial analysis of a company

• Financial management

• Marketing foundations

• Quality administration

• Strategic planning

The course covers the most common issues:

• Methods of business administration

• Financial analysis of a company

• Marketing foundations

As a result a learner will:

• Determine the structure, main parts and objectives of business, and use basic tools that are necessary for business activity

• Determine how the economy influences a business

• Administrate business on the basis of the results of financial analysis

• Form an aggregative balance

• Analyse an aggregative balance

• Analyse the turnover of assets and liabilities

• Analyse the conditions of accounts with suppliers and customers

• Analyse company liquidity

• Administrate company finances on the basis of the analysis of economic indexes

• Analyse invention projects

• Choose a more appropriate method of asset discount and amortization of basic materials

• Choose a marketing strategy appropriate to the business

• Use different methods of pricing

• Conduct marketing research

• Advertise a product

• Organize the process of new product development

• Use different tools of quality control

• Administrate quality using modern technologies

• Use quality standards for the creation of a management quality system in a company

• Create the strategic development plan for a company

• Use different methods to protect corporate information

• Calculate the productiveness of employees and facilities

• Use different methods to increase company investment

• Correctly use the legislation database

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