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BM101 Introduction to Agribusiness Production and Management

DESCRIPTION

This unit provides a perspective and understanding of the key components of agribusiness management principles and the application of economic principles, budgeting techniques, and principles of marketing and management strategy in an agribusiness context. The unit introduces the sequential stages of production from farm to market and the importance of their integration in agribusiness. This unit includes 30 hours of work integrated learning experiences for students.


RELEVANT COURSES

Diploma of Business*


*Core unit


CREDIT POINTS

10


DELIVERY MODE

On campus

Online

Intensive

Extensive


PREREQUISITE OR CO-REQUISITE

Nil


UNIT LEARNING OUTCOMES

LO1 Demonstrate knowledge of theories and practices in agribusiness production and management

LO2 Analyse and evaluate the steps of the application of a problem-solving approach to agribusiness management

LO3 Demonstrate a fundamental understanding of practical principles of organisation, management, economics, accounting, marketing, and laws as they pertain to agricultural business

LO4 Understand and synthesise the sequential stages of production in an agribusiness

LO5 Apply planning, organisational and management skills to an agribusiness from farm to market


CONTENT

  • Introduction to agribusiness: A global perspective

  • An introduction to agriculture production phases

  • Understanding the supply chain from farm to market

  • Marketing agriculture products

  • Competition and consumer demand

  • Organisational environments

  • Applied accounting and budgeting for agribusiness

  • Strategy and strategic planning

  • Capital budgeting

  • Optimisation of human resources

  • Planning and decision making in agribusiness

  • Managing agribusiness organisational structure


ASSESSMENT METHODS

1. Quizzes - 20%

2. Assignments - 40%

3. Exam - 40%


PRESCRIBED READINGS

Barnard, F. L., Yeager, E. A., Brewer, B., & Foltz, J. (2020). Agribusiness management. UK: Taylor & Francis


Check with the lecturer each semester before purchasing any textbooks

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