Theory and Management of Business Administration PROF. IVO PEZZUTO; PROF. SERGIO DISTEFANO COURSE AIMS The course is split into two modules, each of which has specific objectives. MODULE I: To clarify the concept of enterprise, and starting from the perspective of internal and external analysis of firms, to define the competitive framework and the factors susceptible of guiding the behaviour of firms and predicting the firms' performance. Then the module concentrates on external growth possibilities for organisations, using the concept of inter-organisational relationships, and goes on to illustrate the issues related to development of accords and alliances, and the possible directions for organisations that base their competitive advantage on extracting the most value from their resources and skills and on the development and management of relationships. At the end of the module, the students should be able to do a business analysis and a competitive scenario analysis, identifying the elements that can create competitive advantages for firms and consequently, the elements that can generate value. MODULE II: The course will explain how firms operate by analysing several key functions: supply chain, procurement, production, materials management and logistics. COURSE CONTENT MODULE I: Prof. Ivo Pezzuto – Enterprise, definition of business and analytical tools to support decisions. – The external development of the organisation, organisational solutions and the resource-based view (40 hours). MODULE II: Prof. Sergio Distefano – Corporate functions (20 hours). READING LIST Materials for the Business and Management of Firms course (Baroncelli; Serio), in publishing. R. CRESPI, Operations, supply chain and strategies competitive, G. Giappichelli Editore, Turin, 2009. Chapters 2 3 4 5 6 8. TEACHING METHOD The instructional objective is dual: 1) to illustrate the fundamental contents of the modules and the related review of the proposed reading materials, and 2) to supply complementary information and examples. The course will be taught with reference to business cases, the discussion of which will allow the student to reflect on the theoretical contents within a simulated operational framework. Presentations by managers and/or business owners may be organised for the purpose of better illustrating some of the transactions described in the course programme. The presentation and discussion of business cases is designed to meet three main objectives: a) analysis of the key topics covered, b) discussion and analysis of strategic alternatives, and c) discussion and analysis of the aspects related to the implementation of the operational decisions of firms. The cases discussed in class will not be covered by the exam. ASSESSMENT METHOD Written examination to include: multiple-choice questions and essay questions or exercises. NOTES Further information can be found on the lecturer's webpage at http://docenti.unicatt.it/web/searchByName.do?language=ENG, or on the Faculty notice board.