PRINCIPLES OF MANAGEMENT

The aim of the course is to provide students with a global vision of the life of the company and its relationships with the outside, without neglecting the fundamental internal processes, with particular attention to their dual transition - digital and ecological - whose aim is to promote a sustainable economy. In particular,by addressing the main issues related to the conditions of existence and operation of companies, it aims at addressing students acquire the basic knowledge and the logical tools-analysis essential to develop the ability to understand the managerial and organizational aspects of the business world.

At the end of the course the student has the indispensable tools to understand the structure and operation of companies to:
a) manage conceptually and in part practically the different phases of a firm from creation to management, using business economics principles acquired during the course;
b) know the structure, the contents approach to strategy , organization and innovation;
c) to learn the meaning of economy and the different methods o representation by means of accounting;
c) to contextualize the topic f firms operating in the chemical industry;
.
Knowledge and understanding
- know the concept of need
- to know the figure and role of the entrepreneur and his collaborators
- know the functions essential for the operation of the company
- knowledge of the different types of financing, investment and methods of acquiring inputs
- know the management criteria and the elements of marketing
- knowledge of work as a strategic resource
- knowledge of accounting policies and balance sheet

Ability to apply knowledge and understanding
- to be able to analyse an environmental situation and the constraints and opportunities present in it
- to analyse the reasons for the success or failure of an entrepreneurial experience
- to identify the potential offered to the management of the various legal forms of the company
- know how to make basic double-entry surveys
- to make the transition from the general accounts towards the financial reporting

Judgment
- to identify the management and strategy tools of the company
- identify and distinguish between the equity and debt financing of enterprises
- identify and distinguish issues in procurement organisation, production, marketing and sales
- dealing with the management of the company information system and the establishment of the annual accounts

The course does not expect any specific pre-requirements.
All that will be needed to understand the topics of the course will be clarified during the lessons.

Human needs, economic activity and business economics
The typologies of business entities
The governance of business entities and their identity
The analysis of external environment
The strategy and the strategic innovation
The business system and the organizational model
The evaluation and representation of performance
Focus: Businesses in the chemical industry: Identity, Mssio, Strategy Innovation, Planning and Programming, Sustainability Practices

-C. Bagnoli (a cura di), Economia Aziendale tra tradizione e innovazione, 2019, Giuffré Francis Lefebvre- Materiale didattico a cura del docente.
Chapters 1, 2 (2.1, 2.2), 3, 4 5, 6 (6.1, 6.2.) 7(7.1, 7.2), 8 (8.1, 8.2), 9
- Teaching material provided by the teacher. Russo S. "Principi di economia aziendale per il settore chimico"

The final exam consists of a written test (presentation of an analysis of a reporting + an oral test) aimed at evaluating the knowledge of the acquired concepts and the ability to apply them to practical cases. The test will last a maximum of 20 minutes per student and consists of a minimum of three questions related to the teaching program.
The written test is 40% of the final evaluation. The oral test is 60% of the final evaluation. The assessment is expressed in thirtieth and will be based on the following criteria: degree of knowledge of the topics, clarity of the response, properties of the technical and legal language, ability to synthesize critically and to establish links between the different national and international economic issues addressed during the course .

written and oral

The lecturer has a duty to ensure that the rules regarding the authenticity and originality of exam tests and papers are respected. Therefore, if there is suspicion of irregular conduct, an additional assessment may be conducted, which could differ from the original exam description.

The final grade will take into account all the criteria indicated and will be awarded on the basis of the attached evaluation sheet:
18/30: overall sufficient test and colloquium
19-21: overall fair test and colloquium
22-24: overall good test and colloquium
25-27: overall good test and colloquium
28-30: overall excellent test
30 cum laude: overall excellent evidence.
Poor subject knowledge combined with incorrect and inappropriate oral expression will result in a negative assessment and students will therefore have to repeat the test.
The test will last a maximum of 20 minutes per student and will consist of a minimum of three questions related to the teaching programme.

During the lessons the different topics will be presented in an interactive and dynamic way through examples and case studies. Students will always be given the opportunity to speak to discuss and deepen the economic issues dealt with. The didactic moments of frontal lesson will not be prevalent. The lessons in the classroom will be complemented by audiovisual projections, guided practical work and exercises on business cases.
Various teaching materials will be available on the University’s e-learning platform.

Exemptions: No

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