| Code | IRO213 |
| Name | Commercial Operations |
| Status | Compulsory/Courses of Limited Choice; Courses of Free Choice |
| Level and type | Undergraduate Studies, Academic |
| Field of study | Social Science |
| Faculty | |
| Academic staff | Elīna Gaile-Sarkane, Judīte Jakubāne, Deniss Ščeulovs |
| Credit points | 2.0 (3.0 ECTS) |
| Parts | 1 |
| Annotation |
Organizational and legal aspects of the types of commercial activities. Launching of the commercial operations. Tasks, planning. The logics of commercial business. Corporate culture. Factors influencing operation of an enterprise. Financing and investments. Reengineering of enterprise, its management. The causes of crisis of commercial operations, insolvency, rehabilitation, bankruptcy, liquidation. Commercial risk, levels and factors impacting the level of risk.. |
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Goals and objectives of the course in terms of competences and skills |
To clarify the notion of the concept of commercial operations as the basis of economic activities. To help the students understand the foundation and main principles of the commercial operations, as well as the influence of external and internal environment. To understand development of commercial operations in Latvia and analyse the characteristic features of different forms of commercial operations. To know how to organize different commercial operations. |
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Learning outcomes and assessment |
To know legislation of commercial operations. - Seminar on significance of commercial operations for the development of the national economy and problems of determination and implementation of the main goals. To know main concepts, tasks and functions of commercial operations. - Assessment test on the main terms of commercial operations. To be able to understand conditions and procedure of organizing the commercial operations. - Assessment test on the main terms of commercial operations. To be able to describe subjects and objects of commercial operations. - Assessment test on the main terms of commercial operations. is able to practically establish various types of the commercial operations as well as knows the procedure - Assessment test on the legal forms of commercial operations, its notes and features. To know causes and effects of crisis of commercial forms. To know process of conversion of paying capacity. To comprehend the essence of insolvency process. - Unassisted work - elaboration of the paying capacity plan. |
| Course prerequisites | Different study courses providing the general economic education |