| Recommended semester: 4th -7th semester |
| Evaluation: Written exam
|
| Examination: 13-scale |
| Previous course: C8533, 85231 |
| Prerequisites: 85221 / 42412 |
| No credit points with: C8375 / 83175 / C8533 / 42415 |
| Participant limitation: Max. 75 |
| Aim: An understanding of the firm itself, its business and actions, and the very reason on the firm as an alternative mechanism to the way market allocates resources. Such an understanding is basis for longe rnage strategic decision-making concerning scale, integration and financial structure in the firm. Stake-holders access to information and the dispersion of information between stake-holders have an important meaning in this context. |
Contents: (1) Firm versus market. Boundary of the firm (2) The organization of the firm. (3) Costs of production and costs of supporting activities as marketing, transportation, organization etc. (4) Managerial and Financial accounting.
(5) Investment and Finance. Management control. (6) Firm demand and market demand. (7) Competition, market structure and price formation in different kinds of markets. (8) The core of the firm. Strategic planning. |
| Contact: Anne Marie Bagge, building 424, (+45) 4525 4600, amb@ipl.dtu.dk |
| Department: 042 Department of Manufacturing Engineering and Management |
| Updated: 11-07-2001 |
