Enterprise and Enterpreneurship

Syllabus

Thematic definition of lectures: 1. The nature of enterprise and entrepreneurship. Characteristics and basic attributes of an enterprise. Preconditions of entrepreneurship. Causes, types and possibility of elimination of entrepreneurial risk. 2. Business environment. The world environment of the enterprise and its features. Instruments of the state influencing the business environment. General and specific environment of the enterprise. Horizontal and vertical links between the enterprise and its environment. 3. Establishment and formation of the enterprise, formation of the enterprise's founding budget. The essence of enterprise localization, localization factors and methods of selecting the place of enterprise localization. 4. Enterprise growth, forms of growth and growth crises. Quantification of enterprise growth. Quantitative and qualitative aspects of growth. Stabilization of the enterprise and a set of stabilization measures. Assessment of the enterprise's position on the market in the stabilization phase. 5. Crisis of the enterprise, essence, causes of the crisis. Identification and diagnostics of the crisis of the enterprise. Crisis as a state. Crisis as a development. Stages of crisis and types of crisis. 6. Crisis solutions, consolidation, rehabilitation. Dissolution of the company with liquidation, without liquidation. Bankruptcy and restructuring. 7. Enterprise Typology according to legislative forms of enterprise. Common provisions on commercial companies: establishment and formation of a commercial company, mandatory and dispositive provisions of the Commercial Code and their meaning in the articles of association, amount, value and form of contribution to the commercial company, share capital, share in the commercial company (commercial, compensatory and share in the liquidation balance), dissolution and termination of the commercial company. 8. Personal societies. Basic features, advantages and disadvantages of staffing companies. Comparison of legislative regulation of personal societies in Slovakia and EU countries. 9. Capital based companies. Basic features, advantages and disadvantages of capital companies. A simple joint stock company and special rights of a shareholder. Comparison of legislative regulation of capital companies in Slovakia and EU countries. 10. Cooperative, essence and basic features. Importance of cooperative society in the Slovak Republic. Societas Europea and its basic features, advantages and disadvantages of the SE. Enterprises of individuals and sole traders. Entrepreneurship under special regulations. Criteria for selecting the legislative forms of enterprise. 11. Enterprise typology according to character of the final product, branch and sector of the economy, size of enterprise, technical and organizational characters, ownership. The use of selected criteria of enterprise typology in managerial decision making. 12. Equity participation in the entrepreneurship of other person. Contract of association, silent partnership agreement. Enterprise of foreign person. 13. Areas and criteria for the associating of enterprises. Types of enterprise associations. Unfair competition and its essential features. Protection of competition, substance and legislative regulation. Thematic definition of exercises: 1. Nature of enterprise and entrepreneurship, basic attributes of an enterprise : assets, equity and net assets and their identification in the balance sheet of an enterprise. Terminology of entrepreneurship in other languages. 2. The objective and subjective prerequisites of entrepreneurship. Personality characteristics of the entrepreneur, manager and leader. Portrait of an entrepreneur from practice. The process of turning an idea into a business opportunity. The role of the state in creating a business environment. 3. Risk of entrepreneurship. Classification of risks according to the link to business entities, according to the material content. Determination the significance of risk factors by expert assessment, sensitivity analysis and the use of decision trees. 4. Business environment of the enterprise. Case studies of specific enterprises and their business environment. 5. Mission, vision and goals of the enterprise. Classification of the objectives of the enterprise according to different criteria. Influence of interest groups on the creation of enterprise objectives. Code of ethics as part of corporate social responsibility. 6. Enterprise Typology – 1st part. Sole entrepreneur, types of sole entrepreneurs. Family business. Typology of enterprises according to sectors, industries, size, ownership and technical-organisational characteristics. 7. Enterprise Typology – 2nd part. Contribution in kind in companies, determination of the amount and value of the business share. Distribution of profits, losses and liquidation balances in a general partnership and a limited partnership. 8. Enterprise Typology – 3rd part. Division of profits, losses and liquidation balances in a limited liability company, joint stock company and a simple joint stock company. Determination of the share price. 9. Enterprise Typology – 4th part. Co-operative as an open number of owners, specifics of entrepreneurship in a co-operative, division of profits and formation of an indivisible fund. Co-operative unit certificates as a special type of security. 10. Equity participation in the entrepreneurship of other person. Contract of association, division of income and expenses , shares of property in the association. Silent partnership agreement. Profit-sharing in a holding company. 11. Business intent and formation of the budget of a small enterprise. Criteria for selecting the location of the enterprise. 12. Business growth through diversification – case study. Phase of stabilisation of the enterprise. Determination of the significance of the symptoms of the crisis of the enterprise, the causes of the crisis - case studies. Crisis resolution options on the example of specific enterprises. 13. The dissolution of the enterprises with and without winding up – case studies. Unfair competition and restriction of competition – case studies.