85867 - Strategic Management I

Learning outcomes

The course provides knowledge on tools for measuring the economic and financial results of companies in support of their decision-making processes. At the end of the course, students are able to apply the main analysis tools to assess the company's economic and financial performance, to identify the determinants, to produce useful information on the individual activities carried out, also in order to optimize the resources available, and to fine-tune the company's strategies and their control.

Course contents

Didactic unit 1 (9 hours):

BUSINESS COST ANALYSIS AND ANALYSIS AND PLANNING MODELS

1. Corporate Costs

o 1.1. Mixed cost

o 1.2. Contract and process costs

2. Models for profitability analysis

o 2.1. Cost-volume-profit ratio

o 2.2. Break-even point and safety margin

Didactic unit 2 (9 hours): STRATEGIES OF BUSINESS AND MEASUREMENT OF PERFORMANCE

3. Enterprise strategies and investment planning

o 3.1. Investment planning decisions

o 3.2. Measuring performance in organisations

o 3.3. Costs and the decision-making process

o 3.4. Decisions on internal or external production

o 3.5. Discounted cash flows

Exercises and deepening of knowledge (12 hours)

Readings/Bibliography

At the end of each module, the teacher will provide students with specific teaching material (in electronic format) that supplements the notes taken in class. However, this material is not sufficient to prepare for the exam.

As a reference text we recommend: R.H. Garrison, E.W. Noreen, P.C. Brewer, M. Agliati, L. Cinquini - Programming and control - managerial accounting for business decisions, McGraw-Hill 2011

Teaching methods

The module is divided into three teaching units, of which the last (12 hours per module) includes seminars and exercises. The other 18 hours of each module are represented by frontal lessons. In the context of the exercises, as in the frontal lessons, the whiteboard and the slides support will be used to carry out exercises for the application of some specific topics dealt with in the lesson.

The seminars, if present, will be able to deepen themes identified during the lesson and considered of particular interest.

Assessment methods

The evaluation of the course jointly takes into account the level of knowledge and skills acquired by the student in relation to the contents of the above module.

The knowledge and skills imparted by this course are evaluated through a final written test and classroom presentations. The purpose of this oral test is to verify the acquisition of knowledge in accordance with the objectives of the course. During the exam, questions are asked about the entire program. During the exam, within certain questions, the graphic demonstration (on paper) of the theories and concepts dealt with during the course may also be required. At the discretion of the teacher, during the course, written tests may be required.

The final exam can be taken in English.

Part of the material provided in the lesson is in English.

Teaching tools

Whiteboard, video projector, computer, internet access. All lessons are held with the help of presentations in ppt

Office hours

See the website of Antonella Samoggia