Economic Analysis of Enterprise 2600-DSMw3AEP
1. Role of analysis in manager decisions and organization of analytical work in enterprise
- classification of economic - financial decisions
- criteria of making decisions: efficiency, proficiency, risk
- participation of manager in procedure: economic analysis - diagnosis - estimate
- determinants of economic form of enterprise
- analytical services: structure, competences
- sources of information - quantitative and qualitative; formal and informal
- kind and classification of economic analyses according to different criteria
- diagnostic reports: presentations forms and analysis results use
2. Methods of economic analysis - EXAMPLES
- inductive, deduce methods; analysis of structural economic phenomenon
- methods of comparison and deviations of levels of economic phenomena
- method of model systems of inequality
- techniques of factor's analyses - interpretation and conclusions
- use of simulator methods in decision analysis
3. Research and diagnosis of assets situation enterprise
- level and structure of assets according to economic - technical criteria - preliminary estimate of potential
- efficiency measurement of assets use - current state and premises of changes
- analysis of level of productive ability use - reserve diagnosis
- estimate of dynamics of different assets component - CASE STUDY
4. Analysis of capital situation
- basic measures: structure, proportions, dynamics - diagnostic conclusions
- forecast of economic reasons and results of various capital structures
- estimate of enterprise on base assets - capital rates
CASE STUDY
5. Analysis of production fabricated and sold
- defects and advantages of various measures of fabricated and sold production
- analysis of productive ability elasticity - confrontation with market - order package
- production process estimate - rhytmicity, proficiency, quality
- structure of assortment forming - helping of decision analytical methods
- structure of income sources - time and area evaluating
- identification of spheres, which create profit (or loss) in enterprise
6. Cost analysis and estimate in enterprise
- analytical methods of cost difference
- possibilities of cutting costs plans - alternative operations
- analysis of outsourcing costs
- fixed and variable costs in making decision
7. Economic efficiency of logistical process
- estimate of proficiency of provision processes; criteria of suppliers selections
- economy stockpiles: instruments of economic optimization
- use of material in production process: diagnosis of material - absorptivity
- efficiency ratios and concluding
8. Economic efficiency of human work
- structure of work stock for analysis and diagnosis requirements
- efficiency of work: measurement, diagnosis of reasons and results of efficiency changes
- principles of work evaluate and rules of reward system construction
9. Use of ratios in analysis and diagnosing
- interpretation of ratios level and differences between ratios - CASE STUDY
- reduction of errors in ratio estimate: productiveness, cost - absorptivity, liquidity, profitability, debt and activity
- hierarchical ratio systems in economical - technical and financial area
- diagnosis on background of sector - selection of ratios, presentation and concluding
- ratio diagnosis of crisis risk in enterprise - cautionary signals - CASES STUDY
10. Diagnosing of money economy
- measurement and evaluating of changes of inflow and outflow structure on base cash flow and fund flow
- evaluating of cash state - optimization possibilities
- relationship of money economy with liquidity
11. Economic decision analysis application
In this studies part students independently process chosen projects and they present them
- complex evaluating of economic state of enterprise - factors, forming economic condition and value of enterprise
- definition of investment requirement - diagnosis and evaluating of development process
Type of course
Learning outcomes
After completing the course student:
- knows an object of the economic analysis companies in various areas
- knows with what methods to effect the economic analysis
- determines criteria of the economic appraisal of the enterprise
- can formulate conclusions from analysis and the arrangement of the report
- is able to apply methods of the economic analysis
- is explaining economic-technical and financial occurrences in various areas of the enterprise
- can put economic diagnoses and assess companies the economic condition
Assessment criteria
University class – 2 tests in the semester, activity, performing homeworks
Bibliography
1. N. Grzenkowicz, J. Kowalczyk, A. Kusak, Z. Podgórski - Analiza ekonomiczna przedsiębiorstwa Wyd. Naukowe Wydz. Zarządzania, Warszawa 2007
2. J. Kowalczyk, A. Kusak - Decyzje finansowe firmy. Metody analizy - Wyd. C. H. Beck, Warszawa 2006
and Author materials placed in Base of material on internet part of School of Management
Additional information
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