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Fundamentals in Business
Fundamentals in Business
2845939
Compulsory Course
Lecture
English
Winter Term
5 ECTS
4
Written Examination
90 minutes
Decimal Grade
Objectives
Students will learn basic terminology and concepts in the general framework of business, namely basic concepts of economics, psychology and legal aspects that provide the framework for business transactions and business behavior.
Content
- Business Frameworks
- Economics
- Basic Legal Foundations for Business Organizations
- Franchising Concepts
- Human Resource Management and Organization Concepts
- Motivation and Learning
- Finance and Accounting
- Marketing
Recommended readings
Hughes, Pride & Kapoor, Business Foundations, 3rd International Edition
Workload and Breakdown of Credits
5 ECTS x 30 hours = 150 hours, combined out of the following:
- Course attendance: 45 hours
- Preparation / homework / self-study : 30 hours
- Time for exercises and group work: 45 hours
- Exam preparation: 30 hours
- Exam time: 90 minutes
Teaching and Learning Methods
Lectures with exercises and case studies