PRINCIPLES OF MANAGEMENT AND INTERNATIONAL ACCOUNTING - 1

This first module of the course is designed to provide the student with a survey of contemporary principles and practices of managing. It is structured to develop a concise framework connecting the major business disciplines and a comprehensive perspective to organize additional study in management. Practical applications of the manager’s role in planning, organizing, staffing, directing and controlling are demonstrated and explored. It focuses on the entire organization from both a short and long-term perspective for strategic vision, setting objectives, crafting a strategy and then implementing it. This course examines the logic and working of organizations. It also investigates how organizations develop and maintain competitive advantage within a changing business environment influenced by political, economic, social, technological, legal and environmental factors. The course content is organized around the four ‘pillars’ of management viz. planning, organizing, leading and control for systematic understanding of management-related challenges and applying conceptual tools and techniques in analysing, evaluating and addressing management issues.

This course will enable students to develop short and long-range plans to effectively accomplish organizational goals. Students will develop skills related to the manager’s function as required in today’s competitive environment. Students will learn that the study of management is not a precise science and as such it continues to evolve. This course ensures that the students understand how:
Managers manage business organizations in the dynamic global environment 

Organizations develop and maintain competitive advantage 

Business decisions are made using various tools and techniques to remain competitive 

Managers use problem-solving strategies and critical thinking skills in real-life situations 

Different areas of the business support the vision and mission 

Managers implement successful planning



There are no formal prerequisites for this course. However, a prior knowledge of organizational and managerial issues would facilitate the understanding of the topics discussed in class. This is a university course and as such students are expected to have advanced analytical and writing skills.

Chapter 1 Managing in Organisations
Clarifies the nature and emergence of management and the different ways in which people describe the role. It explains how management is both a universal human activity and a specialist occupation. Its purpose is to create wealth by adding value to resources, which managers do by influencing others – the chapter shows how they do this.
Chapter 2 Models of Management
Sets out the main theoretical perspectives on management and shows how these complement each other despite the apparently competing values about the nature of the management task. Be active in relating these theoretical perspectives to real events as this will help you to understand and test the theories.
Chapter 3
Examines the most immediate aspect of the manager’s context – the culture of their organisation – and then offers tools for systematically analysing the competitive and general environments, and stakeholder expectations.
Chapter 4
Reflects the international nature of management, by examining international features of the general environment – political developments such as the European Union, international economic factors and differences in national culture.
Chapter 5
Pressure from interest groups and some consumers has encouraged many companies to take a positive approach to corporate responsibility. There are conflicting interests here, and the chapter presents some concepts and tools that help you consider these in a coherent and well-informed way.
Chapter 6
Provides an overview of planning in organisations, setting out the purposes of planning, the types of plan and the generic elements in a plan. The shape of these elements will always depend on the circumstances (context) of the plan.
Chapter 7
Introduces the main decision-making processes, and several theories of decision making. Decision making is closely linked to planning, made necessary by finite resources and infinite demands. People in organisations continually decide on inputs, transformation processes and outputs – and the quality of these decisions affects performance.
Chapter 8
Outlines the strategy process, and introduces techniques that managers use to analyse the options facing all forms of business. This analysis can then lead to clearer choices about future direction.
Chapter 13
Presents theories of creativity and innovation – practices that are essential if managers are to add value to their resources.
Chapter 19
Explores generic methods of control and performance management, showing how they can enable the enterprise to monitor and adjust activities to ensure they support stated objectives
Chapter 20
Investigates finance as another form of control, showing the main financial measures used to assess performance.

“Management. An Introduction” By David Boddy, Publisher: Pearson International, Edition: 7th, Copyright year: 2017

There will be one exam at the end of term. It will be closed-notes/closed book. It will cover content of the following chapters
Chapter 1. Managing in Organizations 

Chapter 2. Models of Management 

Chapter 3. Organisation Cultures and Contexts 

Chapter 4. Managing Internationally 

Chapter 5. Corporate Responsibility 

Chapter 6. Planning 

Chapter 7. Decision making 

Chapter 8. Managing strategy

Chapter 13. Creativity, Innovation and change

Chapter 19. Control and Performance measurement
Chapter 20. Finance and budgetary control
and related discussion of case studies. The exam will be composed of short (10 lines) essay questions each carrying the same weight (10 points). Lectures and the textbook are the primary sources of preparation for the exam. The grade in the exam of “Principles of management” will then be averaged with the one of “International Accounting” to form the overall grade for the full 12-credit course

This is primarily a lecture/class discussion format where learning is made relevant through the direct and explicit application of theoretical frameworks and concepts to real life issues and problems. Students will be challenged to think “outside the box” and to offer solutions to situations that they might never encounter outside this forum. Each student is strongly encouraged to participate in class. In any classroom situation that includes discussion and critical thinking, there are bound to be many differing viewpoints. These differences enhance the learning experience and create an atmosphere where students and instructors alike will be encouraged to think and learn. On sensitive and volatile topics, students may sometimes disagree not only with each other but also with the instructor. It is expected that faculty and students will respect the views of others when expressed in classroom discussions.
Learning will be successful for students that:
read assigned material prior to class, bring text and supplement to class, and take part in class discussions.
discuss end of chapter question problems and short cases assigned
attend class regularly
All students are expected to read and understand the course text. Please give this task your utmost attention. Generally, students learn most of what they get from a course by reading the assigned material. With this on-line learning concept, the reading component becomes the key to success. If there is something you do not understand, please do not hesitate to ask the instructor to explain it to you.

English

Student Conduct
The instructor reserves the right to manage a positive learning environment and thus will not tolerate inappropriate conduct in the course. All Ca’ Foscari students are responsible for behaving in a manner consistent with the Ethics Code. Students violating these codes will be referred to for possible disciplinary action.
Notice Page
The course schedule is subject to change due to the discretion of the instructor. Students must read the announcement page on a regular basis. Students are responsible for and expected to comply with changes that may occur. Changes are posted on the course web page, announcement page, as well as the discussion board.
Books
Students are responsible for obtaining their books and having an operable computer by the start of class and throughout the course. In addition, students are responsible for meeting all deadlines as outlined in the syllabus.

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This subject deals with topics related to the macro-area "Poverty and inequalities" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development