Students will learn basic knowledge needed to understand problems and requirements from the business environment. Attention will be devoted to the formalization of concepts and methodologies for organizational planning and management of business processes, with particular reference to decision-making processes. Students will also learn key issues in business administration and industrial accounts.
Class and outside preparation
The course content is divided into three modules:
- Decision Making
- Business Administration and Managerial Accounting
- Organizational Design
Decision Making module explores decision making in organizations, highlighting the roles of incentive, conflict, power and politics. Individual decision-making vs organizational decision making. Overlapping of the two types of decision-making. Emphasis on characteristics differentiating organizational decision-making and individual decision-making. Three different approaches to decision making: seeing first, thinking first, and doing first. Simon work; Cyert and March theory; Garbage can model; Mintzberg incrementalism.Business Administration and Managerial
Accounting module includes basic concepts of general accounting and performance analysis, cost accounting for control and decision making. Main criteria of cost classification and the main cost objects. Methodologies: full costing, direct costing, job-order costing, process costing, activity-based costing. Short term decisions: contribution margin, product mix, cost-volume-profit analysis, make or buy.
Organizational Design module aims to provide the basic concepts for understanding the internal structure and workings of small firms and large corporations and for designing effective business organizations. In particular, module contents include the role of strategy, the analysis of coordination mechanisms inside organizations, the problem of decentralization of information and power, the different designing choices for the macro-structure, i.e. the functional, divisional, matrix, hybrid or network structure.
The following books are suggested as a reference:
- Miner J.B. (2015). Organizational Behavior 2: Essential Theories of Process and Structure, Volume 2. Routledge
- Garrison R., Noreen E. Brewer P. (2015). Managerial Accounting, 15th edition, McGraw Hill
- Breitner L.K., Anthony R.N. (2013). Essentials of Accounting 11th edition, Pearson
- Daft R.L. (2015). Organization Theory and Design, 12th edition, Cengage Learning
Further readings and support material will be provided during the lessons. The suggested books are intended as relevant theoretical reference and complementary sources.
SILVIA MASSA (President)
MARCO RABERTO (President)
Class and outside preparation
All class schedules are posted on the EasyAcademy portal.
The written examination is aimed to assess:
- the understanding of the concepts transferred during the lessons by means of theoretical questions, exercises and applications to real cases;
- the mastery of the technical language by evaluating the terminology adopted in written text.