Business EconomicsLaajuus (3 ECTS)

Objective

After having completed the course, the student has knowledge of
- pros and cons of different legal structures of a company
- creating cost-benefit calculations
- creating income statement for a function

Content

Content:
- Basic processes of a company, creating additional value
- Terms related to: cash flow, income statement and balance sheet
- Basics of taxation, VAT system
- Influencing the profits of a company

Assessment criteria, satisfactory (1)

1. Able to name and know the role and functions of financial management.
2. Able to function in accordance with the instructions.
3. Knows the basics.

Assessment criteria, good (3)

1. Occupation of concepts on the informed use.
2. Selects and stimulate activity business.
3. Interprets information from business.
4. Knows how to choose practices based on research knowledge.

Assessment criteria, excellent (5)

1. Uses professional concepts in a comprehensive manner and competently.
2. Works proactively and responsibly.
3. Develops and reforms the operations based on data on the business.
4. Development on the basis of information received from the operation of and innovative