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Exercises for Modern Industrial Management

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Today’s engineers must be able to understand the economic implications of different technological decisions, as well as the technological implications of managerial and financial decisions. This is precisely what the academic field of Industrial Management is about: understanding the interdependencies between technology and management, in order to efficiently create value. The text book Modern Industrial Management provides an introduction to the basic concepts and methods that will enable e...

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Today’s engineers must be able to understand the economic implications of different technological decisions, as well as the technological implications of managerial and financial decisions. This is precisely what the academic field of Industrial Management is about: understanding the interdependencies between technology and management, in order to efficiently create value. The text book Modern Industrial Management provides an introduction to the basic concepts and methods that will enable engineers to explain and support their decisions in financial terms. The book focuses on the business operations of modern industrial companies and covers the entire field of management, from costing to sustainable business development. As such, the book provides a fundamental understanding of this large field, as well as an examination of the most important methods to control, plan, and develop industrial operations. The exercise book provides an opportunity to train the basic concepts and methods of the quantitative parts of the subject area (product costing, capital investment calculations, bookkeeping, financial accounting, corporate finance, and financial control). It also supports learning by providing study questions focusing on the qualitative concepts and models of the subject area. The exercise book follows the chapters of the text book and contains detailed solutions for all exercises.

Stäng

Preface5

Preface to the second edition6

About the authors7

Designations9

Study Questions

Chapter 1 Introduction13

Chapter 2 Swedish trade and industry13

Chapter 3 Business operations as point of departure14

Chapter 4 Technology-driven development16

Chapter 5 Marketing16

Chapter 6 Production17

Chapter 7 Product development19

Chapter 8 Product costing and analysis20

Chapter 9 Capital investments and investment evaluation22

Chapter 10 Accounting23

Chapter 11 Financial Accounting24

Chapter 12 Corporate Finance26

Chapter 13 Management accounting and financial control27

Chapter 14 Business strategy and strategy models28

Chapter 15 Leadership and Human Resource Management (HRM)29

Chapter 16 Organizing the business operations31

Chapter 17 Project management32

Chapter 18 CSR and Sustainable operations34

Exercises

  8  Product Costing and Analysis37

Concepts37

Cost Volume Profit Analysis38

Contribution Costing44

Full Costing54

Activity-based costing (ABC)62

  9  Capital Investments and Investment evaluation65

 10  Accounting77

 11  Financial Accounting101

The Financial Statement 101

Closing the Books104

What Does the Financial Statement Tell Us?110

 12  Corporate Finance121

Capital Requirements121

Cash flow analysis126

DuPont and the Leverage Equation 135

 13  Management Accounting and Financial Control141

Solutions

  8  Product Costing and Analysis155

  9  Capital investments and investment evaluation193

 10  Accounting227

 11  Financial Accounting253

 12  Corporate Finance281

 13  Management Accounting and Financial Control313

Interest tables 325

Information

Språk:

Engelska

ISBN:

9789144141534

Utgivningsår:

2019

Revisionsår:

2020

Artikelnummer:

40733-02

Upplaga:

Andra

Sidantal:

328
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