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Economics of enterprise Georgiev

Сумата се прибавя директно в кошницата

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Описание

CONTENT

CHAPTER 1

an enterprise as a SYSTEM 13

INTRODUCTION 13

1.1. A DEFINITION OF AN ENTERPRISE 13

1.2. GOALS OF THE ENTERPRISE 18

1.2.1. Neoclassical theory 19

1.2.2. Neo - Keynesian theory 20

1.2.3. Managerial theories 20

1.2.4. Behavioural theories 21

1.3. MANAGEMENT FUNCTIONS AND ACTIVITIES 22

1.4. SYSTEM DEFINITION OF AN ENTERPRISE ...25

CONCLUSIONS AND SUMMARY 27

KEY TERMS 28

CASE STUDIES 28

Case 1.1: TREADCO 28

Case 1.2: ALFA’S PARAMOUNT GOAL 29

DISCUSSION AND ASSIGNMENTS 30

Discussion questions 30

Test questions 30

RECOMMENDED LITERATURE 31

CHAPTER 2

TYPOLOGY OF ENTERPRISES 32

INTRODUCTION 32

2.1. MAIN CONCEPTS OF ENTERPRISE TYPOLOGY 33

2.2. TYPOLOGY OF ENTERPRISES BY DIFFERENT CRITERIA 34

2.3. TRANSFORMATION OF ENTERPRISES 43

CONCLUSIONS AND SUMMARY 44

KEY TERMS 45

CASE STUDIES 46

Case 2.1: Legal Forms of Business Ownership 46

Case 2.2: An overview of company forms in Switzerland 48

DISCUSSION AND ASSIGNMENTS 52

Discussion questions 52

Test questions ...52

RECOMMENDED LITERATURE 53

Chapter 3

STRUCTURES OF ENTERPRISE 54

INTRODUCTION 54

3.1. PRODUCTION STRUCTURE OF ENTERPRISE 54

3.2. ORGANIZATIONAL STRUCTURES OF ENTERPRISE 58

3.2.1. Simple structure 60

3.2.2. Linea (Hierarchical) structure 61

3.2.3. Functional structure 63

3.2.4. Linear-scale structure 65

3.2.5. Matrix (program-target) structure 67

3.2.6. Divisional (product) structure 70

3.3. INFRASTRUCTURES IN ENTERPRISE 74

3.3.1. Technical (engineering) infrastructure 74

3.3.2. Social infrastructure 74

3.3.3. Informational infrastructure 74

CONCLUSIONS AND SUMMARY 76

KEY TERMS 76

CASE STUDIES 77

Case 3.1: Organization structure changes at Body Shop 77

Case 3.2: Functional organizational structure on project management 78

DISCUSSION AND ASSIGNMENTS 81

Discussion questions 81

Test questions 81

RECOMMENDED LITERATURE 82

Chapter 4

PRODUCTS OF THE ENTERPRISE 83

INTRODUCTION 83

4.1. A DEFINITION FOR PRODUCT 83

4.2. PRODUCT CLASSIFICATIONS 87

4.2.1. Consumer goods 88

4.2.2. Industrial goods 90

4.3. PRODUCT MEASUREMENT 92

CONCLUSIONS AND SUMMARY 94

KEY TERMS 94

CASE STUDIES 95

Case 4.1: A Kellogg’s new product 95

DISCUSSION AND ASSIGNMENTS 96

Discussion questions 96

Test questions 97

RECOMMENDED LITERATURE 97

CHAPTER 5

QUALITY OF PRODUCTS AND SERVICES 99

INTRODUCTION 99

5.1. A DEFINITION OF QUALITY 99

5.2. QUALITY PARAMETERS 102

5.3. PRODUCT QUALITY CONTROL 103

5.3.1. Preliminary Control 104

5.3.2. Concurrent Control 106

5.3.3. Feedback Control 106

5.4. MANAGING QUALITY CONTROL..... 106

CONCLUSIONS AND SUMMARY 109

KEY TERMS 110

CASE STUDIES 110

Case 5.1: Coca-Cola® Quality Process: DASANI® Case Study 110

DISCUSSION AND ASSIGNMENTS 111

Discussion questions ..Ill

Test questions 112

RECOMMENDED LITERATURE 113

CHAPTER 6

QUALITY MANAGEMENT 114

INTRODUCTION 114

6.1. A DEFINITION OF QUALITY MANAGEMENT 114

6.2. QUALITY CONTROL TECHNIQUES 116

6.2.1. Statistical Process Control (SPC) 117

6.2.2. Total Quality Control (TQC) 118

6.2.3. Total Quality Management (TQM) 120

6.2.4. Quality Control versus Quality Management 122

6.3. QUALITY MANAGEMENT SYSTEMS 123

6.3.1. ISO 9000: 2008-the basics 123

6.3.2. Process model of the ISO 9000 family 125

6.3.3. The principles of the ISO 9000 family 125

6.3.4. Certification 126

CONCLUSIONS AND SUMMARY 127

KEY TERMS 128

CASE STUDIES 128

Case 6.1: The importance of quality in creating competitive advantage 128

DISCUSSION AND ASSIGNMENTS 130

Discussion questions 130

Test questions 131

RECOMMENDED LITERATURE 131

Chapter 7

PRODUCTION PLANNING .133

INTRODUCTION 133

7.1. INTRODUCING THE PRODUCTION SCHEDULE 134

7.2. DEFINING PRODUCTION SCHEDULE 139

7.3. INTRODUCING THE PRODUCTION CAPACITY 142

7.4. CALCULATING A PRODUCTION CAPACITY 144

CONCLUSIONS AND SUMMARY 151

KEY TERMS - 152

CASE STUDIES -.152

Case 7.1 : Manufacturing's Five Golden Metrics 152

DISCUSSION AND ASSIGNMENTS 154

Discussion questions 154

Test questions 154

RECOMMENDED LITERATURE 155

Chapter 8

LONG-TERM ASSETS OF THE ENTERPRISE 157

INTRODUCTION 157

8.1. WHAT DOES FIXED ASSET MEAN? 158

8.1.1. Tangible assets 160

8.1.2. Intangible assets 161

8.1.3. Financial fixed assets 162

8.1.4. Goodwill 162

8.2. THE INVESTMENT AND ACQUISITION FIXED ASSETS 164

8.2.1. Investment in Fixed Assets 164

8.2.2. Acquisition of Fixed Assets 167

8.3. VALUATION OF FIXED ASSETS 167

8.3.1. Reasons for revaluation 168

8.3.2. Methods of revaluation of fixed assets 169

I. INDEXATION (1) 169

II. CURRENT MARKET PRICE (CMP) 169

III. APPRAISAL METHOD 169

8.3.3. Selective Revaluation and why it should be avoided 170

8.4. EFFICIENCY USAGE OF LONG-TERM ASSETS 171

8.5. DEPRECIATION OF LONG-TERM ASSETS 173

8.5.1. Accounting concept 174

8.5.2. Methods of depreciation 175

STRAIGHT-LINE DEPRECIATION 176

ANNUAL STRAIGHT-LINE DEPRECIATION EXPENSE 176

DECLINING-BALANCE METHOD (OR REDUCING BALANCE

METHOD) 177

SUM-OF-YEARS' DIGITS METHOD 179

UNITS OF TIME DEPRECIATION 179

COMPOSITE DEPRECIATION METHOD 180

CONCLUSIONS AND SUMMARY 180

KEY TERMS 181

CASE STUDIES 181

Case 8.1: Other Asset 181

Case 8.2: Replaceable Asset 182

Case 8.3: Non-Replaceable Transition Asset (Other Equipment) 183

Case 8.4: Replaceable Transition Asset ..183

Case 8.5: Not an asset ..184

DISCUSSION AND ASSIGNMENTS 185

Discussion questions ..185

Test questions .185

RECOMMENDED LITERATURE 186

Chapter 9

SHORT-TERM ASSETS OF THE ENTERPRISE 188

INTRODUCTION 188

9.1. NATURE, ELEMENTS AND STRUCTURE

OF CURRENT ASSETS OF ENTERPRISE 189

9.2. INVENTORIES 191

9.2.1. Definition of ’Inventory’ 192

9.2.2. Inventory valuation methods 194

9.3. WORK IN PROGRESS (OR PROCESS) 199

9.4. SHORT-TERM INVESTMENTS 201

9.5. FINISHED GOODS 203

9.6. CASH 205

9.7. TRADE SHORT-TERM RECEIVABLES 208

CONCLUSIONS AND SUMMARY 213

KEY TERMS 214

CASE STUDIES 214

Case 9.1: Reproduction Value 214

Case 9.2: Best Practices in Inventory Management 219

DISCUSSION AND ASSIGNMENTS 223

Discussion questions 223

Test questions 224

Recommended literature 225

Chapter 10

HUMAN RESOURCE MANAGEMENT 227

INTRODUCTION 227

10.1. HUMAN RESOURCE MANAGEMENT - ESSENCE AND AIMS ..227

10.2. A SYSTEM APPROACH TO HUMAN RESOURCE

MANAGEMENT 228

10.3. WHO PERFORMS THE HRM ACTIVITIES

IN THE ENTERPRISE? 229

10.4. THE COMPONENTS IN THE HRM SYSTEM 231

10.4.1. Job analysis 231

10.4.2. Job design 232

10.4.3. Human resource planning 233

10.4.4. Recruitment 234

10.4.5. Selection 235

10.4.6. Appointment and orientation 235

10.4.7. Training and development 236

10.4.8. Employee performance evaluation 237

10.4.9. Compensation and benefits 239

10.4.10. Health and safety conditions at work 241

10.4.11. Improvement of labour relations 241

10.4.12. Employee motivation 242

CONCLUSIONS AND SUMMARY 245

KEY TERMS 245

CASE STUDIES 246

CASE 10.1: Are Employers Looking At Your Facebook Page? 246

CASE 10.2: The Long Tenure Employee 247

DISCUSSION AND ASSIGNMENTS 247

Assignments 247

Test questions 248

RECOMMENDED LITERATURE 249

Chapter 11

LABOUR PRODUCTIVITY.... 251

INTRODUCTION 251

11.1. PERSONNEL - DEFINITION, CLASSIFICATIONS

AND RELATED TERMS 252

11.2. PRODUCTIVITY - DEFINITION, DIMENSIONS, AND TYPES ....254

11.3. LABOUR PRODUCTIVITY MEASUREMENT 259

11.3.1. Basic labour productivity measurement methods 259

11.3.2. The approach of unit labour cost 261

11.3.3. The approach of individual productivity 261

11.3.4. The approach of marginal productivity 262

11.4. FACTORS STIMULATING PRODUCTIVITY INCREASES 263

11.5. PRODUCTIVITY RELATED EMPLOYEE BEHAVIOURS 267

CONCLUSIONS AND SUMMARY 268

KEY TERMS 269

CASE STUDIES 269

Case 11.1: Challenge 269

Case 11.2: The manufacturing company '..269

Discussion and Assignments 270

Test questions 270

RECOMMENDED LITERATURE 271

CHAPTER 12

PRODUCTION PROCESS (MANUFACTURING) 274

INTRODUCTION 274

12.1. INTRODUCING THE MANUFACTURING PRODUCT DESIGN .274

12.2. PROCESS SELECTION 281

12.3. PROCESS FLOW DESIGN AND ANALYSIS 291

CONCLUSIONS AND SUMMARY 294

KEY TERMS 295

DISCUSSION AND ASSIGNMENTS 296

Assignments 296

Test questions 296

RECOMMENDED LITERATURE 297

Chapter 13

PRODUCTION TECHNOLOGY MANAGEMENT... 299

INTRODUCTION 299

13.1. A DEFINITION OF PRODUCTION TECHNOLOGY 299

13.1.1. What is technology? 300

13.1.2. What is technology management? 300

13.1.3. Why do firms acquire new technologies? 301

13.2. PRODUCT TECHNOLOGY CLASSIFICATIONS 303

13.3. TECHNOLOGIES IN MANUFACTURING 304

CONCLUSIONS AND SUMMARY 314

KEY TERMS 315

CASE STUDIES 316

Case 13.1: A study of an automated storage and retrieval system in Netto ..316

DISCUSSION AND ASSIGNMENT 318

Discussion questions 318

Test questions 318