“Management audit can be defined as an objective and independent appraisal of the effectiveness of managers and the effectiveness of the corporate structure in the achievement of company objectives and policies. Its aim is to identify existing and potential management weaknesses within an organization and to recommend ways to rectify these weaknesses”. – CIMA Official Terminology.

Audits test a variety of business functions, including production operations, resource procurement, employee hiring practices and financial reporting. These audits may be less formal if conducted by internal managers or employees rather than a public accounting firm or third-party management consultant. Common types of management audits include financial, compliance, performance or operational.

Management audit is a comprehensive and thorough examination of aproduction audit

Conformity verification, due diligence audits, technical supportn organization or one of its components.

Concepts and tools of capital structure, valuation, capital asset pricing, real-life business cases.

Marketing as a general concept of innovation planning and selling. Spheres of marketing application in company’s innovative activity. Marketing instruments and approaches. Marketing research for innovation planning and selling. Strategic innovation marketing. Tactical or operational innovation marketing. Focus-groups. Promotion of innovation. Innovative forms of marketing.

The main purpose of the discipline is to teach the student to plan, organize, analyze and monitor the financial statement of the enterprise; understand the concept of economic management of the enterprise, aimed at identifying all challanges and risks associated with external (market situation) and internal factors. The student must know the basics of controlling, its place , aims and functions; be able to convert the organization's strategic goals into a system of specific economic indicators, manage resource flows and corresponding business processes, and master the basic concepts of internal control of the organization.

Innovation activity is an essential part of modern economic development and it is under impact of different factors both national and global; it needs innovative methods of assessment of managerial decisions on innovation investments. Tasks of the discipline: to deepen the knowledge of different forms and methods of assessment of innovative business, investments and effectiveness of managerial decisions.


Concept of strategic analysis and its importance. Choice of information sources for decision making.

Planning balanced innovation business “portfolio”.  

Strategy as calculation of objectives, concepts, and resources within acceptable bounds of risk to create more favorable outcomes than might otherwise exist by chance. Determination of long-term objectives of the company’s business activity. Investigating strategic drawbacks in determination of innovation tasks.

Data collecting and processing both for innovational internal and external medium and threads in the external market. Forecasting of the market situation in the innovative sphere. Elaboration of criteria for alternative decision making regarding creation and introduction of innovation.

Evaluation of resource. Potential for the company in strategy realization of innovation introduction. Planning activity for innovation strategy implementation. Assessment of innovation risks.  


The aim of the course is to comprehend the necessity of constant strategic analysis and new requirements to it due to the changeable economic situation in the country and globally. Tasks of the course: to deepen the knowledge of strategy as calculation of objectives, concepts, and resources within acceptable bounds of risk, which helps to create more favorable outcomes than might otherwise exist by chance; to be aware that strategic analysis is a tool to reach economic effectiveness and assure company competitiveness by analyzing modern methods of strategic analysis.


Theory and assessment of production. Role of costs in managerial decision taking. Types of costs (fixed and variable, evident and not evident). Ways of costs’ minimizing. Scale effect. Profit  (economic and bookkeeping).

Marginal analysis for managerial decision taking.  Critical volume of production, methods of chain substitution, how to change price to get planned profit.

Optimal production programmes based on “bottle neck” analysis. Types of “bottle necks”, absolute and relative coverage sum. Production range based on absolute and relative coverage sum.

Managerial decisions based on BCG –matrix. Life cycle analysis based on BCG - matrix. Technique of BCG – matrix creation. Product groups in the structure of BCG – matrix. Managerial decisions about investing and deinvesting based on BCG – matrix.

 ABC-analysis for managerial decisions. АВС – analysis in time – management,  recourses an costs management.

 SWOT- analysis for managerial decisions. Technique of SWOT - analysis. Practical training of the analysis for various production tasks.

 Scenario for managerial decisions, Technique of scenario creation. Practical training of the scenario creation for various production tasks.

УМК дисциплины "Стратегическое управление логистикой"