Study programmes / C-EM Economics and Management / Economics of Business Processes
Course code:EPP
Course title in language of instruction:Ekonomika podnikových procesů
Course title in Czech:Ekonomika podnikových procesů
Course title in English:Economics of Business Processes
Mode of completion and number of credits:Exam (5 credits)
(1 ECTS credit = 28 hours of workload)
Mode of delivery/Timetabled classes:full-time, 2/1; part-time, 16/0
(full-time, hours of lectures per week / hours of seminars per week; part-time, lectures per period / seminars per period)
Language of instruction:Czech
Level of course:master continuing
Semester:WS 2018/2019 - FBE
Name of lecturer:Ing. Jan Vavřina, Ph.D. (supervisor)
Prerequisites:Final Bachelor Exam
 
Aims of the course:The aim of the course is to make students familiar with methods of optimization of business processes based on economic analysis and reengineering, i. e. within the framework of setting up procedures, competences and responsibility for respective processional elements, measurement of resources' demandingness of business processes, outcomes of defined processes, prediction of internal demand for processional activities and the potential utilisation of IT and business information systems within the mentioned framework.
Course contents:
1.Economic analysis as the constituent of management of business entities. Premises and theoretical bases of management of changes and innovations. (allowance 3/1)
2.Evaluation of economic effectiveness of changes within a business entity. (allowance 3/2)
 
a.Selection and determination of basic economic criterions for measuring the effectiveness of processes of changes.
b.Methods for evaluation of effectiveness of changes in a business entity.

3.Reengineering as the tool for changes and innovations within the management of business entities. (allowance 2/0)
 
a.Functional vs. processional management of business entity.
b.Methods of business processes' reengineering.

4.Economic aspects of risk related to changes and innovations. (allowance 4/2)
 
a.Premises and identification of risk within this problem area.
b.Management of risk - Enterprise Risk Management (ERM).

5.Management of the change and risk within the current business entity. (allowance 4/2)
 
a.Methods of production programmes' analysis.
b.Comparison of business entities.
c.Methods for planning new products and production programmes.

6.Planning of inputs and outputs within processes of change and innovations. (allowance 4/2)
 
a.Strategic management of processes of change in a business entity oriented for growth of its value.
b.System of budgeting.
c.Formation of the budget on basis of planned process performance.

7.Analytical indicators of the partial factors of production productivity. (allowance 4/2)
 
a.Analytical indicators of the partial factors of production productivity.
b.Labour, wages and productivity of labour. Relation between average wages and labour productivity.

8.Analysis of deviations within the business processes' framework. (allowance 2/2)
 
a.Measurement of real utilisation of resources.
b.Analysis of required and real utilisation of production capacities.

9.Business information systems, technologies and their task within the framework of changes and innovations. (allowance 2/1)
 
a.Basic premises of successful implementation of business information systems.
b.Evolution of enterprising utilising electronic business, models of e-commerce.

Learning outcomes and competences:
Generic competences:
 
-ability to make decisions
-ability to organize and plan ahead
-designing and managing projects
-leadership skills
-spirit of enterprise

Specific competences:
 
-Student has got ability to choose and apply methods of optimization of business processes.
-Student has got knowledge of approaches and methods for managing the change and implementation of innovations in business entity.
-Student has got the knowledge of respective methods for business processes
-Student is able to select relevant methods for economic managing the changes and inovations in the business entity.

Type of course unit:required
Year of study:Not applicable - the subject could be chosen at anytime during the course of the programme.
Work placement:There is no compulsory work placement in the course unit.
Recommended study modules:none
Assessment methods:Study of the subject is finalized with credit and final-exam test. In order to succesfully pass the credit test, students have to gain at minimum 60 per cent of maximum 100 points. The credit test is focused on the ability to apply the knowledge of the problem area within solving the complex assignment concerning the problem areas of economic analysis, business processes and management of change in the business entity.
The final exam is written. For succesfully passing the final exam it is required to gain at minimum 50 per cent from maximum 100 points. Written part is followed by oral part. The final exam is aimed to revise the famework of the theoretical knowlege from problem area of economics of firm's processes.
The overall evaluation of passing/not passing the subject is multicriteria based, i. e. the result of both the credit and the final exam test. The final degree is elaborated via employing the weight of respective criterion. The weight of criterion the credit test points gained is 0.4 and 0.6 for creterion final exam points gained, respectively. The final degree is according to gained points as following:

less than 60 points - degree F
60 - 66 points - degree E
67 - 75 points - degree D
76 - 84 points - degree C
85 - 93 points - degree B
94 - 100 points - degree A.
 
Learning activities and study load (hours of study load)
Type of teaching methodDaily attendanceCombined form
Direct teaching
     lecture28 h16 h
     practice14 h0 h
Self-study
     preparation for exam35 h82 h
     preparation for regular assessment10 h0 h
     preparation for regular testing25 h0 h
     preparation of presentation3 h0 h
     elaboration and execution of projects25 h42 h
Total140 h140 h

Basic reading list
  • JUROVÁ, M. Výrobní a logistické procesy v podnikání. 1st ed. 254 p. Expert. ISBN 978-80-247-5717-9.
  • NEUMAIEROVÁ, I. Interakce podnikových politik. 1st ed. 73 p. Vysokoškolská skripta. ISBN 978-80-245-2087-2.
Recommended reading list
  • PETŘÍK, T. Procesní a hodnotové řízení firem a organizací - nákladová technika a komplexní manažerská metoda: ABC/ABM (Activity-based costing/Activity-based management). Praha: Linde, 2007. 911 p. ISBN 978-80-7201-648-8.
  • SYNEK, M. -- KOPKÁNĚ, H. -- KUBÁLKOVÁ, M. Manažerské výpočty a ekonomická analýza. 1st ed. V Praze: C.H. Beck, 2009. 301 p. Beckova edice ekonomie. ISBN 978-80-7400-154-3.
  • MARTINOVIČOVÁ, D. -- KONEČNÝ, M. -- VAVŘINA, J. Úvod do podnikové ekonomiky. 1st ed. Praha: Grada Publishing, 2014. 208 p. ISBN 978-80-247-5316-4.