University Of Limerick

Engineering Management


Iowa State Course Substitution

ME Technical Elective


Course Info

International Credits: 6.0
Converted Credits: 3.5
Country: Ireland
Language: English
Course Description:
THE FIRM AND IT'S ENVIRONMENT. Introduction to economic, managerial, behavioural and social responsibility theories of organisational objectives. Present market trends and business in the 21st Century. General external analysis (national, international and global) STEP Industry analysis (5 forces, OT). Internal analysis (SW) SPECIFIC FUNCTIONAL ACTIVITIES: Marketing (4Ps, Ansoff, Product Life Cycle, Boston Matrix), Accounting (Balance sheet, Profit and Loss, working Capital Management, Ratio Analysis, Costing and Budgeting) Finance (sources and Cost of Capital, Financial and Capital Structure, Investment Appraisal and Evaluation, Taxation) HRM (Resourcing, Training and Development, Industrial Relations, Current Trends) IT (Key Business-related attributes, Networking, Hierarchy of data/information needs, Decision Support systems, IKBS) Operations Management (Procurement, TQM, FMS, JIT, Value Chain Analysis). Management: Planning (PERT), Controlling (Loops), Motivation (Expectancy and other theories), Organising, Coordinating, Job Design, Decision Making, Leadership Theories, Team working and development, communication, Overview of essential practical skills.


Evaluation Date:
December 21, 2016
John Wagner