OBIETTIVI FORMATIVI

The unit aims at giving an outline of the logics and goals underlying the strategic management process and the single strategic choices of a company. The items to be covered are the following: definition of the firm: nature and goals; fundamentals of firm behaviour: efficiency, effectiveness and economic balance; corporate social responsibility and sustainability; fundamentals of the management process: assets and liabilities; revenues, costs and income; profitability; the value of the firm and the value creation process; the drivers of the value creation: competences and competitive advantages; economic value and equity market value

MODALITA' DIDATTICHE

The course will be delivered via a mix of lectures and tutorials.

PROGRAMMA/CONTENUTO

Module 1: Introduction to business economics and accounting

The main purposes and types of organisations and businesses. Nature and role of accounting: users of financial information. Non-financial information: sustainability reporting

Module 2 Managerial decision making

Business planning, capital budgeting, strategic decision-making

Module 3 Financial accounting and analysis

Financial accounting: reporting financial information; the annual report; financial statement analysis.