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Lean Logistics within Supply Chain
Packaging for Transportation in Supply Chains
Improving the Production Process
Lean Concepts and Tools - Overview
Establishing Specification for Purchase
International Purchasing - overview
Operational Purchasing - Overview
Purchasing Assignments - overview
Selecting Suppliers in Purchasing
Supplier Planning and Delivery Monitoring
Sustainable Purchasing in the Supply Chain
Capacity Management - overview
Manufacturing Planning & Control - overview
Material Requirements Planning - overview
Inventory Management - overview
Shipping and Transportation Services
Warehousing, Distribution and Delivery
Good Distribution Practice - EU
Protection of Food against Intentional Damage
Self-Control for Safe Handling of Food Products
Business Economics - overview

To use the company's resources to satisfy customer needs
Business economics is concerned with the use of company resources necessary for it to function. It is important to monitor the use of the resources in order to give the best value for customers and the company's stakeholders.
Objectives:
The purpose of the course is to provide insights into the use of business economics for the activities of a company to satisfy customer needs.
Level:
Basic, you need no prior knowledge.
Training Method:
Business Economics - overview is a Module course and is studied over the internet via our e-learning platform Instant education. Read more about the training method here.
Course Length:Approximately 5 hours active study time.
Price: 70 EURO / student
78 USD / student
Prices excluding VAT.
For large-scale education projects request quotation.
Online price:
55 EURO / student
61 USD / student
Prices excluding VAT.
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Then go to our order page
Course contents:
What is Business Economics
Business economics is a term used to describe and explain the production, distribution and consumption of goods and services.
Basic Financial Concepts
In order to understand how a company’s resources can be used in the best possible manner, we must learn how to use a number of financial concepts.
Results and Profitability
How to measure profitability.
Use of Capital
The amount of capital needed by a company may vary, as does the manner in which the capital is used.
The DuPont Model
A model to analyze where there is greatest potential for improvement within a company.
Interactive DuPont Model
Interactive Du Pont model used to calculate profitability.
Variable and Fixed Costs
A company’s costs can be divided into variable and fixed costs.
Direct and Indirect Costs
One of the main problems of product costing is to determine which costs are caused by or used for a particular cost unit.
Incremental Costs and Joint Costs
The causal connection between action and costs.
Capital Tied up in Inventory
A basic premise for material control is that tied-up capital should be kept at a low level.
Inventory Turnover Rate
Inventory turnover rate is a measure of how quickly the inventory is renewed.