Identifying Data 2019/20
Subject (*) Introduction to Fashion Business Management Code 710G03004
Study programme
Grao en Xestión Industrial da Moda
Descriptors Cycle Period Year Type Credits
Graduate Yearly
First Obligatory 9
Language
English
Teaching method Face-to-face
Prerequisites
Department Empresa
Coordinador
Rey Ares, Lucía
E-mail
lucia.rey.ares@udc.es
Lecturers
Rey Ares, Lucía
E-mail
lucia.rey.ares@udc.es
Web
General description Esta materia presenta unha descrición xeral do funcionamento das empresas e, en particular, das empresas de moda. Para iso, o curso comeza coa presentación dos obxectivos e funcións das empresas e do ámbito empresarial no que as empresas de moda desenvolven a súa actividade. Posteriormente, esta materia céntrase no funcionamento dos diferentes subsistemas (subsistema de administración ou xestión, operacións ou produción, comercial e financeiro) que compoñen as empresas.

Esta materia ten un carácter introdutorio e xa que logo, diferentes materias nos cursos sucesivos ampliarán as cuestións relacionadas coa xestión industrial que se abordarán ao longo deste curso.

Study programme competencies
Code Study programme competences
A1 Conocer los fundamentos básicos de gestión de una empresa de textil/moda, tanto a nivel estratégico como operativo y funcional.
A2 Conocer los aspectos del entorno que influyen en la evolución del mundo de la moda y sus empresas, con especial incidencia en el impacto de las cuestiones económicas y legales.
A7 Conocer la realidad y los condicionantes sociales que influyen en el mundo de la moda, con perspectiva de evolución histórica.
A8 Ser capaz, en base al conocimiento del entorno social, de diseñar y poner en marcha estrategias de marketing eficaces, que contemplen especialmente las variables de comunicación y distribución: mensajes, medios, canales, relación con el cliente, etc, ...
B1 Que los estudiantes hayan demostrado poseer y comprender conocimientos en un área de estudio que parte de la base de la educación secundaria general, y se suele encontrar a un nivel que, si bien se apoya en libros de texto avanzados, incluye también algunos aspectos que implican conocimientos procedentes de la vanguardia de su campo de estudio
B2 Que los estudiantes sepan aplicar sus conocimientos a su trabajo o vocación de una forma profesional y posean las competencias que suelen demostrarse por medio de la elaboración y defensa de argumentos y la resolución de problemas dentro de su área de estudio
B3 Que los estudiantes tengan la capacidad de reunir e interpretar datos relevantes (normalmente dentro de su área de estudio) para emitir juicios que incluyan una reflexión sobre temas relevantes de índole social, científica o ética
B4 Que los estudiantes puedan transmitir información, ideas, problemas y soluciones a un público tanto especializado como no especializado
B5 Que los estudiantes hayan desarrollado aquellas habilidades de aprendizaje necesarias para emprender estudios posteriores con un alto grado de autonomía
B6 Capacidad para la cooperación, el trabajo en equipo y el aprendizaje colaborativo en entornos interdisciplinares
B7 Capacidad para analizar tendencias (razonamiento crítico).
B8 Capacidad de planificación, organización y gestión de recursos y operaciones
B9 Capacidad de análisis, diagnóstico y toma de decisiones
C1 Expresarse correctamente, tanto de forma oral como escrita, en las lenguas oficiales de la comunidad autónoma
C2 Dominar la expresión y la comprensión de forma oral y escrita de un idioma extranjero
C3 Utilizar las herramientas básicas de las tecnologías de la información y las comunicaciones (TIC) necesarias para el ejercicio de su profesión y para el aprendizaje a lo largo de su vida
C4 Desarrollar el ejercicio de una ciudadanía respetuosa con la cultura democrática, los derechos humanos y la perspectiva de género
C5 Entender la importancia de la cultura emprendedora y conocer los medios al alcance de las personas emprendedoras
C7 Desarrollar la capacidad de trabajar en equipos interdisciplinares o transdisciplinares, para ofrecer propuestas que contribuyan a un desarrollo sostenible ambiental, económico, político y social
C8 Valorar la importancia que tiene la investigación, la innovación y el desarrollo tecnológico en el avance socioeconómico y cultural de la sociedad
C9 Tener la capacidad de de gestionar tiempos y recursos: desarrollar planes, priorizar actividades, identificar las críticas,establecer plazos y cumplirlos.

Learning aims
Learning outcomes Study programme competences
To know the basic concepts and principles of business management A1
B1
B2
B3
B4
B5
B6
B7
B8
B9
C2
C3
C4
C5
C7
C9
To analyze the environment and the reality surrounding fashion companies A2
A7
A8
B1
B2
B3
B4
B5
B6
B7
B8
B9
C1
C4
C5
C7
C8
C9
To identify the operating principles of the different functional subsystems of fashion companies A1
A8
B1
B2
B3
B4
B5
B6
B7
B8
B9
C4
C5
C7
C8
C9
To carry out, in work teams, a preliminary analysis of the business management of a fashion company A1
A2
B1
B2
B3
B4
B6
B7
B8
C2
C3
C9

Contents
Topic Sub-topic
The company Concept and nature. The company as a system
Business functions and objectives
The company and the business people
Types of companies
Introduction to business management approaches
Business environment
Introduction to ethics and business culture. Corporate Social Responsibility
Management subsystem Introduction to management functions
The planning function. Strategic planning
The organizational function
The leading function
The control function
The management of human resources
Operations subsystem Definition and main concepts
Objectives and types of decisions
Types of productive processes
The costs and the calculation of the break-even point
Commercial subsystem Definition and main concepts
Segmentation, target markets and positioning
The purchase process in fashion
Marketing-mix: product, price, promotion and distribution
Financial subsystem The business financial objectives
The economic-financial structure
Introduction to investment decisions and investment selection methods
Introduction to sources of financing

Planning
Methodologies / tests Competencies Ordinary class hours Student’s personal work hours Total hours
Supervised projects A1 A2 A8 B1 B2 B3 B4 B5 B6 B7 B8 B9 C2 C3 C7 C8 C9 3 32 35
Mixed objective/subjective test A1 A2 A7 A8 B1 B2 B3 B4 B7 B9 C9 C5 2 40 42
Case study A1 A2 A7 A8 B1 B2 B3 B4 B6 B7 B8 B9 C2 C4 C5 C7 C8 8 25 33
ICT practicals B1 B2 B7 B8 B9 C9 C3 8 16 24
Seminar A1 A2 A7 A8 B2 B4 B6 B7 B8 B9 C1 C3 C9 4 4 8
Field trip A1 A2 A7 A8 B2 B3 B4 C4 C5 C8 2.5 2 4.5
Problem solving A1 A7 A8 B3 B5 B7 B8 B9 C9 C8 4 10 14
Online forum B5 C2 C3 C4 C9 0 5 5
Oral presentation B1 B2 B4 B6 B8 C2 C9 3 2 5
Guest lecture / keynote speech A1 A2 A7 B8 B9 C5 31.5 20 51.5
 
Personalized attention 3 0 3
 
(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students.

Methodologies
Methodologies Description
Supervised projects Group analysis of a fashion company that will be held throughout the academic year and presented in the classroom at the end of the course
Mixed objective/subjective test Partial exam and final exam, which will combine different kind of questions (i.e., short or long-answers questions, objective test questions...)
Case study Resolution, individually or in group, of the proposed cases. These cases will be detailed along the course, according to the work planning
ICT practicals Resolution of practical cases, either individually or in groups, through computer programs (eg Excel) and the possibility of participation in a virtual simulation game
Seminar Participation in the seminars with experienced professionals in subject matters
Field trip Visit to a fashion company during the second term (if possible)
Problem solving Problem solving in the classroom
Online forum There will be two online forums; namely:
- Online discussion forum: a channel that students can use to propose debates or formulate questions about the content of the course.
- Online learning forum: a channel that students can use as a space for exchange and reflection on learning and the proposal of new activities.
Oral presentation Oral presentations of activities
Guest lecture / keynote speech Presentation of the contents that are part of the theoretical framework of the subject through oral presentations, guided by the use of presentation files, audiovisual media and the introduction of questions addressed to students in order to favor learning and the construction of knowledge.

Each of the subjects will be preceded by a contextualization, where the contents of each topic will be detailed, as well as their relation to other subjects of the Degree, given the introductory nature of this course.

Personalized attention
Methodologies
Supervised projects
Case study
Description
The personalized attention described will be developed mainly around the supervised project, and it is conceived as personal work time with the teacher of the course for the attention and follow-up of the project carried out by each of the working groups. The attendance of the students to these meetings is recommended. The specific form and times in which they will take place will be indicated throughout the course according to the work plan of the subject, considering that the first meeting with the working groups will probably take place at the beginning of the second semester. However, during the course the students can use the tutorial time to clarify doubts and questions about the course.

The students with recognition of part-time dedication, according to the "Norm that regulates the regime of dedication to the study of the students of Degree in the UDC" (Arts. 3.b and 4.5) will carry out their activities with the attendance and participation in the dynamics that are included in Step 4 and in the "personalized attention" described for the "Supervised projects", through the work groups that will be assigned. The activity will be carried out according to the observations of evaluation on the flexibility of attendance-participation and the requirements to pass the course.

Assessment
Methodologies Competencies Description Qualification
Supervised projects A1 A2 A8 B1 B2 B3 B4 B5 B6 B7 B8 B9 C2 C3 C7 C8 C9 Assessment of the written report and the oral presentation of the proposed group work. This assessment will be carried out as it is detailed below:
- Domain of specific content: use of specific terminology, accuracy and suitability of content [35%]
- Written expression and formal presentation: spelling and grammar correction, coherence, cohesion, expository clarity, structure of information, ability to analyze and synthesise information [20%]
- Information management: sufficiency and relevance of bibliographical sources consulted, consultation of additional sources [5%]
- Creativity in the form and content [5%]
- Oral presentation: clarity, precision, organization of ideas, capacity for analysis and synthesis of information, ability to respond to potential questions [20%]
- Cooperative work: score that each member of a work group awards to the other members of the same group [10%]
- Evaluation of the work of other groups [5%]
25
Mixed objective/subjective test A1 A2 A7 A8 B1 B2 B3 B4 B7 B9 C9 C5 The partial and final exams will have a weight of 20 and 30%, respectively, in the final grade of this course. 50
Case study A1 A2 A7 A8 B1 B2 B3 B4 B6 B7 B8 B9 C2 C4 C5 C7 C8 Assessment of the cases proposed and carried out individually or in groups.
In some of the cases proposed (to be specified during the course according to the proposed work planning) the assessment will be done in pairs.
15
ICT practicals B1 B2 B7 B8 B9 C9 C3 Assessment of the practices carried out in the classroom and of other that can be requested for delivery. 5
Seminar A1 A2 A7 A8 B2 B4 B6 B7 B8 B9 C1 C3 C9 Active participation in the seminar organized by this course and delivery of a report.
It will be necessary that the students, prior to the seminar and organized in work groups, seek information about the person who will intervene in the same and about the company or organization to which she/he belongs, in order to formulate questions during the time of debate of the seminar.
One proposal of questions should be submitted per group. The relevance and relevance of the questions will be taken into account.
5
 
Assessment comments

In order to pass this course, it will be necessary to obtain a minimum score of 4 points out of 10 in the mixed objective/subjective test. If this requirement is not met, the qualification will be "Fail", even when the average of all the activities that are part of the assessment will give a result equal to or greater than 5 points out of 10. In this case, the final grade that will appear in the academic record will be the score obtained in the mixed objective/subjective test.

It will be an essential requirement to be evaluated to regularly attend and actively participate in the classroom and interactive sessions and in the different seminars organized by this course or by the coordination of the degree.

The "Students with recognition of part-time dedication and academic exemption waiver" must inform the teacher of the subject at the beginning of the course, according to the "Norm that regulates the study regime for undergraduate students UDC "(Art. 3.b and 4.5) and the "Assessment, review and claim rules for qualifications for undergraduate and master's degree programs" (Art. 3 and 8b). In this case, class attendance will not be required, but the assessment system will be the same as the rest of the students.

The grade of "Not present"  will only be given to students who only participated in course activities worth under 20% of the final grade. The assessment criteria indicated will be valid both in the first and in the second opportunity of evaluation.

The grade obtained by students who pass a portion of the course with a mixed exam (partial exam), will be valid only for the ongoing academic year. If a student in such situation fails to pass the complete course in either the first opportunity or the second opportunity, her/his final grade will be "Fail", implying that she/he will have to re-take the whole course during incoming academic years.  

Students wishing to improve their final test exam grade will be able to do so only after applying to the professor and securing her authorization. Students taking the anticipated December opportunity will be subject to the same criteria as those applying to second opportunity.

It is forbidden to access the classroom with any device allowing for data transmission and/or warehousing when any of the evaluations is taking place. 


Sources of information
Basic VAN HORNE, J.C., WACHOWICZ, J.M. (2008). Fundamentals of Financial Management. Prentice Hall
ROBBINS, S.P., DE CENZO, D.A., COULTER, M.A. (2017). Fundamentals of Management: Essential Concepts and Applications. Pearson
MAYNAR, P., BAÑEGIL, T., GALERA, C. (2008). La economía de la empresa en el espacio de educación superior. McGraw-Hill
SAVIOLO, S., TESTA, S. (2007). La gestión de las empresas de moda. Barcelona: Gustavo Gili
KOTLER, P.T., KELLER, K.L. (2016). Marketing Management. Pearson

The teacher might provide additional bibliography for each of the topics.

Complementary CASTILLO A.M. (Dir.), ABAD, I.M., AGUIRRE, J.M., GARCÍA, J., MORENO, F., RASTROLLO, Mª.A. (2003). Introducción a la Economía y Administración de Empresas. Pirámide
BREALEY, R.A., MYERS, S.C., ALLEN, F. (2018). Principles of corporate finance. McGraw-Hill
CHOW, S. (Ed) (2018). The fashion business manual: an illustrated guide to building a fashion brand . Fashionary International Ltd
DILLON, S. (2018). The fundamentals of fashion management. Bloomsbury Visual Arts


Recommendations
Subjects that it is recommended to have taken before

Subjects that are recommended to be taken simultaneously
Principles of Economics: Fashion Industry/710G03003
Fashion Supply Chain Management I: Procurement/710G03005

Subjects that continue the syllabus
Strategic Management of Fashion Companies/710G03030
Fashion Supply Chain Management II: Operations Management/710G03017
Human Resources and Managerial Skills in Fashion Firms/710G03020
Fashion Marketing and Market Research/710G03012
Accounting and Financial Management in Fashion Firms/710G03015

Other comments

This is an introductory course in which prior knowledge is not needed.

It is recommended the revision and follow-up of the course on Moodle, where the materials and contents addressed in the classroom or recommended will be left and the activities to be carried out will be detailed.

The documents of the course will be delivered through the virtual classroom, in digital format. If this is not possible, it is recommended to use recycled paper, double-sided documents and to avoid the use of plastic materials.



(*)The teaching guide is the document in which the URV publishes the information about all its courses. It is a public document and cannot be modified. Only in exceptional cases can it be revised by the competent agent or duly revised so that it is in line with current legislation.