Description
Management And Business Decisions
COURSE DESCRIPTION
Course code Course group
Volume in ECTS
credits
Course valid
from
Course valid to
VAV5018 C 6 2012 04 01
Course type Compulsory
Course level Master (postgraduate) level
Semester the course is delivered 1
Study form Face-to-face
Course title in English
MANAGEMENT AND BUSINESS DECISIONS
Course title in Lithuanian
VADYBA IR VERSLO SPRENDIMAI
Short course annotation in Lithuanian (up to 500 symbols)
Šio kurso tikslas yra supažindinti studentus su verslo valdymo ir sprendim? pri?mimo metodais ir modeliais.
Šis kursas suteikia studentams žini? apie (socialiai atsaking?) ?kin? veikl? pasaulin?s konkurencijos
aplinkoje. Skirtingas vadybos ir verslo sprendim? pri?mimo teorijas bus nagrinejamas, pritaikant jos dideli?
ir maž? imoni? verslo analizei.
Dalykas fokusuojasi ? informacini? ir ryši? technologij? (IRT) vaidmeni ?mones ir ekonomikos kontekste:
?mon?s duomen? panaudojimas strategini? sprendim? priimimui ("Business Intelligence"), IRT sukeltas
verslo optimizavimas, IRT sukeltas konkurecingo pranašumo didinimas, itt.
Short course annotation in English (up to 500 symbols)
The purpose of this course is to introduce students to approaches and frameworks for business management
and decision making. This course will give the students knowledge on (socially responsible) business
operation in the global competitive environment. Different theoretical frameworks for business decision
making and management will be examined and applied in the context of large and small companies.
A substantial part of the course will focus on the role of information and communication technologies (ICT)
in business development: from using of company data for strategic decision making (aka “business
intelligence”) to business optimization (aka “ ICT induced transformation”), ICT-based competitive
advantage, etc.
Prerequisites for entering the course
none
Course aim
The aim of this course is to introduce students to approaches and frameworks for business management and
decision making, with a special attention paid to ICT-supported management and the role of ICT in
organizational management.
Links between study programme outcomes, course outcomes and criteria of learning achievement
evaluation
Study programme
outcomes
Course outcomes
Criteria of learning
achievement evaluation
4. to integrate knowledge for
solving multifaceted problems
on national and international
level undertaking socially
responsible decisions.
5. to present summarized data,
findings, conclusions of the
research to professional and non
professional audience.
Students understand what is case analysis and
how to work with case studies
Students can explain how to do case
analysis
Students can distinguish and describe
different theoretical frameworks for business
management and decision making analyses
Students can distinguish and describe
not less than half of the introduced
theoretical frameworks for business
management and decision making
analyses
Students understand what is business process
and its components
Students can explain what is a
business process and what are its
essential components and
characteristics
Students can distinguish and describe
different types of data analytics (different
applications of business intelligence)
Students can distinguish and describe
at least half of the introduced types of
data analytics (different applications
of business intelligence)
Students can distinguish and describe
different types of IT-induced business
optimization levels
Students can distinguish and describe
at least half of the introduced types of
IT-induced business optimization
levels
Students can distinguish and describe
different types of IT-based sourced of
competitive advantage
Students can distinguish and describe
at least half of the introduced types
IT-based sourced of competitive
advantage
Students understand what are the (IT-related)
management implications for companies
operating in the global environment
Students can explain what are the (IT-
related) management implications for
companies operating in the global
environment
Link between course outcomes and content
Course outcomes Content (topics)
Students understand what is case
analysis and how to work with
case studies
Introduction to the course
Introduction to case study method
Students can distinguish and
describe different theoretical
frameworks for business
management and decision
making analyses
Theoretical frameworks for business management and decision making analyses
Students understand what is a
business process and its
components
Business processes and routines
Students can distinguish and
describe different types of IT-
induced business optimization
levels
IT-induced business optimization
Students can distinguish and
describe different types of IT-
based sourced of competitive
advantage
IT-based sources of competitive advantage
Students can distinguish and
describe different types of data
analytics (different applications
of business intelligence)
Company data and analytics: business intelligence
Students understand what are
the (IT-related) management
implications for companies
operating in the global
environment
The global business environment
IT-tools for business management
IT-related implications for management and decision making
Study methods
Teaching methods: visual presentation of information (explanation, illustration); lecture-based case analysis;
formulation and explanation of problem-based examples and questions; moderation of discussions;
moderation of case studies; consultations.
Learning methods: discussions; analysis of problem-based examples and questions; consultations; practical
tasks; analysis of written cases and examples; group discussion on seminar tasks; collective student work
while preparing a group presentation; oral self-reflection; independent student work: search and analysis of
information in educational literature, periodicals, statistical documents, etc.
Methods of learning achievement assessment
Written assessment (during colloquium and examination); assessment of case analysis and oral presentation;
assessment of independent teamwork and its final oral presentation.
Distribution of workload for students
Lectures and case studies– 30 hrs.
Seminars and case studies – 15 hrs.
Team work (including that using IT) – 15 hrs.
Independent student work (for a student to prepare for lectures, seminars, case studies, read reference
materials independently, prepare an oral and written group presentation; prepare for the colloquium and
examination)– 160 hrs.
Structure of cumulative grade
Colloquium – 20%.
Seminar tasks and case analysis – 30%.
Examination - 50 %.
Recommended literature
No.
Public
ation
year
Authors of publication and title
Publishing
house
Number of copies in
University library Self-study rooms
Compulsory literature
1. 2009
McKeown, P. “Information
technology and the networked
economy”
GlobalText
Project
Free online access
at:
www.globaltext.org
2. 2010
John Gallaugher, “Information
Systems: A Manager's Guide to
Harnessing Technology”
FlatWorld
Knowledge
Free online access
at:
http://catalog.flatwo
rldknowledge.com/
catalog/editions/220
6
3. 2011
Ronald G. Ross and Gladys S.W.
Lam. “Building Business
Solutions: Business Analysis with
Business Rules”
1
4. 2007
Michael J. North and Charles M.
Macal. “Managing Business
Complexity: Discovering
Strategic Solutions with Agent-
Based Modeling and Simulation”
1
5. 2011
Karl E. Weick, Kathleen M.
Sutcliffe. “Managing the
Unexpected: Resilient
Performance in an Age of
Uncertainty”
Jossey-Bass 1
6. 2009
Steven Sinofsky and Marco
Iansiti. “One Strategy:
Organization, Planning, and
Decision Making”
Wiley 1
Supplementary literature
1. 2013
Ross Gittell, Matt Magnusson, and
Michael Merenda. “The Sustainable
Business Case Book”
FlatWorld
Knowledge
Accessible at:
http://catalog.flatwo
rldknowledge.com/
bookhub/reader/315
7#
2. 2003
Applegate, L.M., Austin, R.D. &
McFarlan, F.W. “Corporate
Information Strategy and
Management”
McGraw-Hill
3. 2010
Turban, et. al. “Business Intelligence,
A Managerial Approach”
Prentice Hall
4. 2008
Asterios G. Kefalas. “Global Business
Strategy: A Systems Approach”
GlobalText
Project
Free online access
at:
www.globaltext.org
5. 2009
Roland Bouman and Jos van
Dongen. “Pentaho Solutions:
Business Intelligence and Data
Warehousing with Pentaho and
MySQL”
1
6. 2008
Robertas Jucevi?ius, Zita
Monkevi?ien?, Egidijus Rybakovas.
KTU leidykla
“Technologija
Accessible at:
DOI10.5755/e01.97
“Žini? organizacijos strateginis
valdymas”
” 86090204726
7. 2008
Arvydas Juodis, Petras Oržekauskas.
“Verslo proces? valdymo sprendimai”
KTU leidykla
"Technologija
"
Accessible at: DOI
10.5755/e01.97860
90204801
Course description designed by
Prof. dr. Vladislav V. Fomin, Faculty of Informatics
doc_752575638.pdf
Management And Business Decisions
COURSE DESCRIPTION
Course code Course group
Volume in ECTS
credits
Course valid
from
Course valid to
VAV5018 C 6 2012 04 01
Course type Compulsory
Course level Master (postgraduate) level
Semester the course is delivered 1
Study form Face-to-face
Course title in English
MANAGEMENT AND BUSINESS DECISIONS
Course title in Lithuanian
VADYBA IR VERSLO SPRENDIMAI
Short course annotation in Lithuanian (up to 500 symbols)
Šio kurso tikslas yra supažindinti studentus su verslo valdymo ir sprendim? pri?mimo metodais ir modeliais.
Šis kursas suteikia studentams žini? apie (socialiai atsaking?) ?kin? veikl? pasaulin?s konkurencijos
aplinkoje. Skirtingas vadybos ir verslo sprendim? pri?mimo teorijas bus nagrinejamas, pritaikant jos dideli?
ir maž? imoni? verslo analizei.
Dalykas fokusuojasi ? informacini? ir ryši? technologij? (IRT) vaidmeni ?mones ir ekonomikos kontekste:
?mon?s duomen? panaudojimas strategini? sprendim? priimimui ("Business Intelligence"), IRT sukeltas
verslo optimizavimas, IRT sukeltas konkurecingo pranašumo didinimas, itt.
Short course annotation in English (up to 500 symbols)
The purpose of this course is to introduce students to approaches and frameworks for business management
and decision making. This course will give the students knowledge on (socially responsible) business
operation in the global competitive environment. Different theoretical frameworks for business decision
making and management will be examined and applied in the context of large and small companies.
A substantial part of the course will focus on the role of information and communication technologies (ICT)
in business development: from using of company data for strategic decision making (aka “business
intelligence”) to business optimization (aka “ ICT induced transformation”), ICT-based competitive
advantage, etc.
Prerequisites for entering the course
none
Course aim
The aim of this course is to introduce students to approaches and frameworks for business management and
decision making, with a special attention paid to ICT-supported management and the role of ICT in
organizational management.
Links between study programme outcomes, course outcomes and criteria of learning achievement
evaluation
Study programme
outcomes
Course outcomes
Criteria of learning
achievement evaluation
4. to integrate knowledge for
solving multifaceted problems
on national and international
level undertaking socially
responsible decisions.
5. to present summarized data,
findings, conclusions of the
research to professional and non
professional audience.
Students understand what is case analysis and
how to work with case studies
Students can explain how to do case
analysis
Students can distinguish and describe
different theoretical frameworks for business
management and decision making analyses
Students can distinguish and describe
not less than half of the introduced
theoretical frameworks for business
management and decision making
analyses
Students understand what is business process
and its components
Students can explain what is a
business process and what are its
essential components and
characteristics
Students can distinguish and describe
different types of data analytics (different
applications of business intelligence)
Students can distinguish and describe
at least half of the introduced types of
data analytics (different applications
of business intelligence)
Students can distinguish and describe
different types of IT-induced business
optimization levels
Students can distinguish and describe
at least half of the introduced types of
IT-induced business optimization
levels
Students can distinguish and describe
different types of IT-based sourced of
competitive advantage
Students can distinguish and describe
at least half of the introduced types
IT-based sourced of competitive
advantage
Students understand what are the (IT-related)
management implications for companies
operating in the global environment
Students can explain what are the (IT-
related) management implications for
companies operating in the global
environment
Link between course outcomes and content
Course outcomes Content (topics)
Students understand what is case
analysis and how to work with
case studies
Introduction to the course
Introduction to case study method
Students can distinguish and
describe different theoretical
frameworks for business
management and decision
making analyses
Theoretical frameworks for business management and decision making analyses
Students understand what is a
business process and its
components
Business processes and routines
Students can distinguish and
describe different types of IT-
induced business optimization
levels
IT-induced business optimization
Students can distinguish and
describe different types of IT-
based sourced of competitive
advantage
IT-based sources of competitive advantage
Students can distinguish and
describe different types of data
analytics (different applications
of business intelligence)
Company data and analytics: business intelligence
Students understand what are
the (IT-related) management
implications for companies
operating in the global
environment
The global business environment
IT-tools for business management
IT-related implications for management and decision making
Study methods
Teaching methods: visual presentation of information (explanation, illustration); lecture-based case analysis;
formulation and explanation of problem-based examples and questions; moderation of discussions;
moderation of case studies; consultations.
Learning methods: discussions; analysis of problem-based examples and questions; consultations; practical
tasks; analysis of written cases and examples; group discussion on seminar tasks; collective student work
while preparing a group presentation; oral self-reflection; independent student work: search and analysis of
information in educational literature, periodicals, statistical documents, etc.
Methods of learning achievement assessment
Written assessment (during colloquium and examination); assessment of case analysis and oral presentation;
assessment of independent teamwork and its final oral presentation.
Distribution of workload for students
Lectures and case studies– 30 hrs.
Seminars and case studies – 15 hrs.
Team work (including that using IT) – 15 hrs.
Independent student work (for a student to prepare for lectures, seminars, case studies, read reference
materials independently, prepare an oral and written group presentation; prepare for the colloquium and
examination)– 160 hrs.
Structure of cumulative grade
Colloquium – 20%.
Seminar tasks and case analysis – 30%.
Examination - 50 %.
Recommended literature
No.
Public
ation
year
Authors of publication and title
Publishing
house
Number of copies in
University library Self-study rooms
Compulsory literature
1. 2009
McKeown, P. “Information
technology and the networked
economy”
GlobalText
Project
Free online access
at:
www.globaltext.org
2. 2010
John Gallaugher, “Information
Systems: A Manager's Guide to
Harnessing Technology”
FlatWorld
Knowledge
Free online access
at:
http://catalog.flatwo
rldknowledge.com/
catalog/editions/220
6
3. 2011
Ronald G. Ross and Gladys S.W.
Lam. “Building Business
Solutions: Business Analysis with
Business Rules”
1
4. 2007
Michael J. North and Charles M.
Macal. “Managing Business
Complexity: Discovering
Strategic Solutions with Agent-
Based Modeling and Simulation”
1
5. 2011
Karl E. Weick, Kathleen M.
Sutcliffe. “Managing the
Unexpected: Resilient
Performance in an Age of
Uncertainty”
Jossey-Bass 1
6. 2009
Steven Sinofsky and Marco
Iansiti. “One Strategy:
Organization, Planning, and
Decision Making”
Wiley 1
Supplementary literature
1. 2013
Ross Gittell, Matt Magnusson, and
Michael Merenda. “The Sustainable
Business Case Book”
FlatWorld
Knowledge
Accessible at:
http://catalog.flatwo
rldknowledge.com/
bookhub/reader/315
7#
2. 2003
Applegate, L.M., Austin, R.D. &
McFarlan, F.W. “Corporate
Information Strategy and
Management”
McGraw-Hill
3. 2010
Turban, et. al. “Business Intelligence,
A Managerial Approach”
Prentice Hall
4. 2008
Asterios G. Kefalas. “Global Business
Strategy: A Systems Approach”
GlobalText
Project
Free online access
at:
www.globaltext.org
5. 2009
Roland Bouman and Jos van
Dongen. “Pentaho Solutions:
Business Intelligence and Data
Warehousing with Pentaho and
MySQL”
1
6. 2008
Robertas Jucevi?ius, Zita
Monkevi?ien?, Egidijus Rybakovas.
KTU leidykla
“Technologija
Accessible at:
DOI10.5755/e01.97
“Žini? organizacijos strateginis
valdymas”
” 86090204726
7. 2008
Arvydas Juodis, Petras Oržekauskas.
“Verslo proces? valdymo sprendimai”
KTU leidykla
"Technologija
"
Accessible at: DOI
10.5755/e01.97860
90204801
Course description designed by
Prof. dr. Vladislav V. Fomin, Faculty of Informatics
doc_752575638.pdf