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Entrepreneurship in the raw material industry

Language of instruction angličtina, čeština
Code 545-0145
Abbreviation PSP
Course title Entrepreneurship in the raw material industry
Coordinating department Department of Economics and Control Systems
Course coordinator Ing. Petr Bora, Ph.D.

Summary

The course focuses on the issues and basic principles of business in general, followed by a specific focus on raw material markets and business. It introduces the elements of the business environment, the legislative framework of business, tools for analyzing the business environment, the business plan, the business plan and its parts. It defines the role of the owner, his competencies and responsibilities.
"The practical part of the course focuses on designing a business plan for a company operating in the raw materials industry. The complete business plan is then defended through a presentation aimed at raising capital resources to start business operations."
Professional skills
"Upon completion of the course, the student will be able to defend a semester project focused on drawing up a business plan for a company operating in the raw materials industry. The submitted business project will include characteristics of the business environment, define the ownership structure of the company, the subject of business, and the legislative conditions necessary for doing business in the sector. Furthermore, it will address environmental burdens and the sustainability of this business in the industry. It will also address issues concerning personnel and financial resourcing of the company's operations, including market analysis, pricing, securing sales of the offered product to the customer, and other related aspects."

General competencies
"The student is able to design and analyze company processes, evaluate the profitability of the business activity proposed in the business plan, and estimate the significant capital, material, and human resources required for business in the raw materials industry. They can draft corporate standards and guidelines to ensure the company's operation, and define the working environment within the company with regard to personnel, tangible, and intangible assets. Furthermore, the student is able to define the corporate know-how and added value that the business will bring to the company's owner. The student can plan and calculate the break-even point of the business activity and independently evaluate the sustainability of the business plan under current market and legislative conditions."

Literature

OSTERWALDER, Alexander a Yves PIGNEUR. Business model generation: a handbook for visionaries, game changers, and challengers. Hoboken, NJ: John Wiley, c2010. ISBN 978-0-470-87641-1 .
FANDEL, Günter, ed. Modern concepts of the theory of the firm: managing enterprises of the new economy. Berlin: Springer. ISBN 3-540-40509-7.
MARIOTTI, Steve a Caroline GLACKIN. Entrepreneurship & small business management. Upper Saddle River: Pearson Prentice Hall. ISBN 978-0-13-503031-8.
STOKES, David a Nicholas WILSON. Small business management and entrepreneurship. 6th ed. Andover: South-Western Cengage Learning. ISBN 978-1-4080-1799-9.

Advised literature

BARTHA, Zoltan, SZÉP, Tekla a LIPGÁK, Katalin (eds.). Entrepreneurship in the Raw Materials Sector: Proceedings of the LIMBRA International Scientific Conference. London: CRC Press, 2023. ISBN 978-1-032-12345-6 .
TAMVAKIS, Michael N. Commodity trade and finance. Second edition. New York: Informa Law from Routledge. Grammenos library. ISBN 978-0-415-73245-1.
SAPIRO, Arão. Strategic Management: Fundamental Concepts for Decision Making and Strategy Execution. Cham: Springer, 2024. ISBN 978-3-031-55668-5 .