CTE/Agricultural Education Course Description - Agricultural Business and Management

	Agricultural Business and Management
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Credit: 1.00
Course Preface
Core Code: 30-01-00-00-010
Printable Version: Agricultural Business and Management (pdf)

Course Description

Students will learn skills needed to manage an agricultural business. The course should be taught as a part of a sequence of courses related to a specific technical area, i.e. animal science or plant science. Instruction includes economic business principles and structures, business enterprise analysis, accounting, taxes, insurance, productivity, financing, capital resources, purchasing, government programs, commodity groups, contracts, estate planning, marketing, salesmanship, and the application of computer hardware and software in agriculture. Prerequisite: Any Entry Level Agriculture Class

Core Standards of the Course

Standard 010111-01
Students will develop an understanding of the role of FFA in Agricultural Education Programs.

Objective 010111-0101
Students will explain FFA officer duties and responsibilities.

Students will describe the duties and responsibilities of chapter FFA officers.
Students will explain the proper dress and characteristics of a good FFA leader.

Objective 010111-0102
Students will Plan and organize an FFA meeting.

Students will explain how to plan a meeting and develop the order of business.
Students will describe how to set up the meeting room.
Students will explain the parliamentary procedure used in an FFA meeting.

Standard 010111-02
Students will understand the benefits of a Supervised Agricultural Experience (SAE) Program.

Objective 010111-0201
Students will keep and use SAE records.

Students will explain how SAE records are organized.
Students will identify the procedures to making entries in the SAE records.
Students will explain how to summarize and analyze the SAE records.

Objective 010111-0202
Students will make long range plans for expanding SAE Programs.

Students will identify the factors that should be considered in expanding an SAE program.
Students will explain how placement and ownership SAE programs may be expanded.

Standard 010111-03
Students will understand management functions.

Objective 010111-0301
Students will explore agribusiness in a Free Enterprise System.

Objective 010111-0302
Students will understand the scope and importance of agribusiness.

Objective 010111-0303
Students will understand the organization of an agribusiness.

Objective 010111-0304
Students will prepare business goals and a plan.

Objective 010111-0305
Students will summarize the establishment of an agribusiness.

Standard 010111-04
Students will analyze private and public organizations.

Objective 010111-0401
Students will identify and understand various agribusiness companies.

Standard 010111-05
Students will understand economic principles.

Objective 010111-0501
Students will understand basic economic principles.

Objective 010111-0502
Students will understand depreciation, fixed, and variable costs.

Objective 010111-0503
Students will understand the value of time and money.

Objective 010111-0504
Students will identify and use macroeconomics and microeconomics.

Standard 010111-06
Students will understand basic Agricultural Business Management Procedures

Objective 010111-0601
Students will understand the financing of agribusiness.

Students will understand personal finances and goals.
Students will understand the concept of borrowing money.
Students will determine sources of credit.
Students will calculate interest rates.

Objective 010111-0602
Students will keep and use records in an agribusiness.

Students will understand record keeping.
Students will understand net worth, cash flow, income statements and computerized record keeping.
Students will understand budgets and financial analysis ratios.
Students will use financial statements in business decisions.

Objective 010111-0603
Students will understand agribusiness taxes.

Students will understand federal and state income taxes.
Students will understand property taxes.
Students will understand sales tax.

Objective 010111-0604
Students will understand law and insurance as it relates to agriculture.

Students will explore agricultural law.
Students will understand contracts.
Students will explore agribusiness liabilities.
Students will understand criminal law.
Students will explore employment legislation.
Students will insure the agribusiness.

Standard 010111-07
Students will understand marketing, sales, and purchasing.

Objective 010111-0701
Students will understand marketing agricultural products.

Students will select a commodity marketing approach.
Students will develop a marketing plan.
Students will advertise products and services.
Students will display products and services.
Students will sell agricultural products and services.
Students will understand the consumer and buying trends.

Objective 010111-0702
Students will understand agriculture sales.

Students will relate and deal with customers.
Students will package and label products.
Students will price agricultural products and services.
Students will distribute and transport products.

Objective 010111-0703
Students will analyze purchasing options.

Students will complete various agribusiness forms.
Students will understand deeds and land ownership.
Students will understand leases and leasing.
Students will understand ownership rights and responsibilities.

Objective 010111-0704
Students will trade in the agricultural industry.

Students will understand the various trade centers and exchanges.
Students will understand the mechanics of trading.
Students will understand the cash and futures markets.
Students will understand options.
Students will understand hedging.
Students will apply trading techniques.

Standard 010111-08
Students will compare and contrast different types of ownership.

Objective 010111-0801
Students will understand principles of business management.

Objective 010111-0802
Students will describe sole proprietorships.

Objective 010111-0803
Students will describe partnerships.

Objective 010111-0804
Students will describe corporations and cooperatives.

Standard 010111-09
Students will demonstrate computer applications skills.

Objective 010111-0901
Students will use information technology in the agribusiness for decision-making and office management.

Objective 010111-0902
Students will perform business operations using database, word processing, and spreadsheet software.

Standard 010111-10
Students will describe international agribusiness.

Objective 010111-1001
Students will understand the international economy.

Objective 010111-1002
Students will explain exporting and importing agricultural products.

Objective 010111-1003
Students will understand trade agreements and barriers.

Objective 010111-1004
Students will apply uniform international standards.

Standard 010111-11
Students will understand business ethics.

Objective 010111-1101
Students will understand management and employee ethics in agribusiness activities.

Objective 010111-1102
Students will analyze and interpret questions of ethics.



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