Module 3

Module 3 – Expanding Business

Delve deeper into the macro-issues, from the global economy to leading in the digital age.

Entrepreneurship

Employs a variety of proven methods and frameworks to allow students to assess their potential as entrepreneurs and intrapreneurs. It also how entrepreneurs generate new market opportunities in both newly established, high-growth companies, as well as consolidated firms. Reflects on the core challenges in the entrepreneurial process.

Outline

Global Economics

Reviews the foundations of micro- and macroeconomics and specific market behaviors, including the inefficiency of monopolies and the problems caused by collusion. Examines the fallout stemming from issues such as public deficit, sustainability and public debt, unemployment, inflation and economic crises. Studies the impact of fiscal and monetary policies.

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Managing Operations

Explores strategies to create value and gain competitive advantage by optimizing your business operations. Imparts a global vision for service and industrial operations. Examines the basic variables, concepts and tools that underpin operations, including process analysis, input/output curves, and line and inventory management.

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Operational Finance

Explains economic analysis of operational decisions through differential costs, sensitivity analysis, calculation of indifference curves and break-even points. Examines decisions regarding production, product recalls, department closures, special discounts, acceptance of special orders, manufacturing, subcontracting and decision-making ability. Analyzes cost variance, transfer pricing design and implementation and management incentive systems.

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Managerial Communications

Introduces the theory of persuasion in various contexts, including presentations, talks and interpersonal relations.

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