AIBE International Business Economics

Moravian Business College Olomouc
winter 2020
Extent and Intensity
2/2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Omar Ameir, Ph.D. (lecturer)
doc. Ing. Jarmila Duháček Šebestová, Ph.D. (lecturer)
doc. Ing. Adam Pawliczek, Ph.D. (lecturer)
Ing. Omar Ameir, Ph.D. (seminar tutor)
doc. Ing. Jarmila Duháček Šebestová, Ph.D. (seminar tutor)
doc. Ing. Adam Pawliczek, Ph.D. (seminar tutor)
Guaranteed by
doc. Ing. Adam Pawliczek, Ph.D.
Moravian Business College Olomouc
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
The aim of this subject is the development of economic education, theoretical knowledge, and also the methodical and practical skills in the area of business economics. The student is able to specify the basic terms of business economics. By passing the subject Business economics 1, the student is able to specify the problems in the area of business economics - within the framework of both theory and practice, focusing on the business, its legal forms, its foundation and cessation, proprietorial and capital construction, costs, yields, the results of the businesses management and their mutual relationships and connections.
Syllabus
  • Outline of the lectures:
    1. Introduction to international business economics
    Definition and specification of international business
    Advantages and risks of international business
    2. Environment of international business
    External environment
    Internal environment
    Trends in environment of international business
    3. Business as an economic system
    Forms of international businesses
    Multinational companies
    Business inputs and outputs
    4. Management of international business
    Specification of international management
    Levels of international management
    Concept of international business strategy
    5. Forms of international operations
    Exporting forms
    Collaborative forms
    Investment forms


    6. Founding of international business
    Essentials of the start of a international business
    National differences facing operations
    Founding of business in the Czech Republic
    7. Proprietorial and capital construction of a business
    Proprietorial forms
    Capital forms
    8. Yields, costs and economic results
    Differentiation and definition of costs
    Types of yield, classification of terms
    Economic results
    9. Controlling international operations
    Risk management and asset protection
    Foreign exchange risk
    Political risk
    Intellectual property rights

    Outline of the tutorials:
    1. Introduction to business economics, Business surroundings, Efficiency.
    2. Starting an entrepreneurial activity.
    3. Legal forms of entrepreneurship - selection of the legal form of a business, advantages and disadvantages of specific legal forms of a business.
    4. Proprietorial and capital construction of a business, optimal proprietorial and capital structure
    5. Proprietorial and capital construction of a business, financial lever and the tax effect
    6. Tax write-offs, meaning, means of calculation.
    7. Costs of a business, differentiation of costs, Cost function and the methods of its estimation.
    9. Yields and costs of a business, calculations of the relations between profit, volume of production price and costs for heterogeneous productions
    10. Calculations - the basic enumerations.
    11. Calculations of full and variable costs.
    12. Remuneration and wages - basic enumerations.
    13. Credit.
Literature
    required literature
  • Hisrich, R. D. International Entrepreneurship: Starting, Develping and Managing Global Venture. London: SAGA Publications Ltd., 2012. ISBN 978-1-4522-1739-0. info
  • Chrunilam, F. International Business: Text and Cases. New Delphi: PHI Learning Private Limited, 2010. ISBN 978-81-203-4214-9. info
  • Daniels, J. D., Radebaugh, L. H., & Sullivan, D. P. Globalization and Business. New Jersey: Prentice Hall, 2002. info
Language of instruction
English
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Teacher's information
https://teams.microsoft.com/l/team/19%3ad80aa0285bf344c4acd7e6b267d04f15%40thread.tacv2/conversations?groupId=e1bb0354-0be4-4be9-b2fe-031d8a9bc3b1&tenantId=ed27fc21-8d98-4df9-af69-7fce8cea652b
Credit:
- tutorial attendance of 85 %,
- 1 progress test to check the knowledge of students
- credit test.
Exam:
- the credit,
- success at the oral exam.
  • Enrolment Statistics (recent)
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