Course: Managing Small Business

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Course title Managing Small Business
Course code KPE/MSPO
Organizational form of instruction Lecture + Lesson
Level of course Bachelor
Year of study not specified
Semester Summer
Number of ECTS credits 4
Language of instruction Czech, English
Status of course Compulsory, Compulsory-optional
Form of instruction Face-to-face
Work placements unspecified
Recommended optional programme components None
  • Rydvalová Petra, doc. Ing. Ph.D.
  • Švermová Pavla, Ing. Ph.D.
Course content
Lectures (topics): 1. Introduction lecture, characteristics and the definition of a small and medium enterprise. 2. Business plan and causes of failure of SME. 3. Setting up a business - legal forms, other conditions. 4. SME strategy (specific business forms, strategic alliances, etc.). 5. Production factors, organisation, and outsourcing. 6. Human resources in SME. 7. Financing innovation activities of SMEs from public funds in the EU. 8. Small and medium enterprise economy. 9. Risks and its managements in SME. 10. Termination a business. Seminars (topics): Tutorials put together the knowledge obtained in the lectures and self-studies focusing on the preparing and defending a business plan, which will be presented during the last seminar.

Learning activities and teaching methods
Monological explanation (lecture, presentation,briefing), Dialogue metods(conversation,discussion,brainstorming), Self-study (text study, reading, problematic tasks, practical tasks, experiments, research, written assignments), Individual consultation
  • Preparation for credit - 8 hours per semester
  • Preparation for exam - 25 hours per semester
  • Semestral paper - 30 hours per semester
  • Home preparation for classes - 20 hours per semester
  • Class attendance - 28 hours per semester
  • Presentation preparation (report) - 10 hours per semester
Learning outcomes
The aim of the subject is to introduce students to the particularities of managing small and medium enterprises (SMEs). Students will learn how to set up and run a business, what legal forms of business they should choose; how to choose a strategy, innovation, organisational structure and divide labour. Further, they will get acquainted with the property and capital structures, managing and financing an SME. It is a practical subject; students will prepare and present a business plan.
Students obtain knowledge in given course in accordance with requirements and course programme.
Prerequisities: Macroeconomics I, Microeconomics I, Business Administration, Marketing, Introduction to management, Accounting I and II, Introduction to law I and II.

Assessment methods and criteria
Combined examination, Written exam, Presentation of acquired knowledge via paper

Credit: Elaboration and defense of the semestral project. Exam: written form
Recommended literature
  • Zákony ČR: Zákon o obchodních korporacích, Živnostenský zákon, Zákoník práce, Nový Občanský zákoník..
  • JÁČ, I., RYDVALOVÁ, P., ŽIŽKA, M. Inovace v malém a středním podnikání.. Brno: Computer Press, 2005. ISBN 80-251-0853-8.
  • OSTERWALDER, A. a Y. PIGNEUR. Tvorba business modelů: příručka pro vizionáře, inovátory a všechny, co se nebojí výzev. 2. vyd.. Brno: BizBooks, 2015. ISBN 978-80-265-0425-2.
  • RYDVALOVÁ, P. a V. HOTAŘ. Podnikání ve sklářství (Inovace jako cesta z krize).. Liberec: VÚTS, 2012. ISBN 978-80-87184-28-.
  • RYDVALOVÁ, P. Malé a střední podnikání v podmínkách České republiky od 1. 1. 2014. 2. vyd-. Liberec: VUTS, 2014. ISBN 978-80-87184-43-1.
  • VEBER, J., J. SRPOVÁ, et al. Podnikání malé a střední firmy. 3. vyd.. Praha: Grada Publishing, 2012. ISBN 978-80-247-4520-6.

Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester