Principles of Management

Definition of competitive advantage, entrepreneur's formula, cost and differentiation advantage, categories of resources.

Definition of power, who holds power in a company, who are the stakeholders, difference between institutional and governance structure, benefits of corporations.

Explanation of the business model, drivers of competitive advantage, main resources, structures, five forces model. Differences between economy of scale and economy of learning, fixed and variable costs.

Definition of strategy and analysis of the environment of the firm. Deep analysis of the five forces model.

Answer to the question "how does a company run the business?", deep analysis of the business model canvas BMC (McDonald and Facebook examples).

In depth analysis of the concepts of standardization, production capacity, saturation. Graphs and formulas regarding economy of scale, economy of learning and economy of network, as well as their sources.

Analyses of the different types of inter-firm cooperation.

First definitions of organizational design, culture and the different types of organizational structure.

Notes regarding the guest speaker from NUF filtration.

In depth analysis on how non profit organizations work considering the business case Association Pro Terra Sancta.

The nature of economic activities, their classification and levels.

Notes regarding the lecture given by the guest speaker from the toy company Clementoni. Analysis of their market environment, their growth strategies, innovations, organizational structure.

Formulas, graphs and principles behind the different types of cost structures. Analysis of the break even point.