agr1rbm rural business management
RURAL BUSINESS MANAGEMENT
AGR1RBM
2017
Credit points: 15
Subject outline
This subject develops student knowledge of the Australian agricultural business environment focusing on principles of development, planning, operation and performance analysis as applied to rural business enterprises in local and global settings. Students will examine a variety of agricultural business types through a variety of experiential tasks and develop skills in the use of structured planning methods to identify business and marketing opportunities as well as skills in business plan development. The subject also requires students to recognise and consider workplace safety issues, human resource requirements and relevant social, ethical and environmental issues.
SchoolSchool of Life Sciences
Credit points15
Subject Co-ordinatorPenelope Smith
Available to Study Abroad StudentsNo
Subject year levelYear Level 1 - UG
Exchange StudentsNo
Subject particulars
Subject rules
Prerequisites Admission into SBATE
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditionsN/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Financial management for agribusiness | Prescribed | Obst, W, Graham, R & Christie, G 2007 | CSIRO, COLLINGWOOD. |
| Readings | A guide to business law | Recommended | Dowler, W & Miles, C 2008 | LAWBOOK CO, PYRMONT. |
| Readings | Accounting | Recommended | Horngren, C 2009 | 8TH EDN, PEARSON EDUCATION LTD, UK. |
| Readings | Marketing: core concepts and applications | Recommended | Pride, W 2007 | WILEY, AUSTRALIA. |
| Readings | The successful business plan: Secrets and strategies | Recommended | Abrams, R & Burrows, P 2008 | CAPSTONE PUBLISHING, MINNESOTA |
| Readings | Writing your plan for small business success | Recommended | Birt, I 2003 | PEARSON EDUCATION, AUSTRALIA. |
Graduate capabilities & intended learning outcomes
01. Describe relevant characteristics of the Australian business environment
- Activities:
- Lectures and tutorials introduce students to the Australian business environment and business structures. Tutorials will use a variety of media to identify characteristics of rural businesses and farms.
- Related graduate capabilities and elements:
- Creative Problem-solving(Creative Problem-solving)
- Ethical Awareness(Ethical Awareness)
02. Describe different types of agricultural related businesses and identify key aspects of financial statements
- Activities:
- Lectures and tutorial activities explore financial statements and business processes. Case studies will be used in the construction and analysis of business statements such as profit and loss, balance sheets and transactions. Students use agricultural accounting programs.
- Related graduate capabilities and elements:
- Ethical Awareness(Ethical Awareness)
- Creative Problem-solving(Creative Problem-solving)
03. Identify the key components for business development, planning, operation and performance analysis and outline a business plan for a rural business
- Activities:
- Lectures and tutorials include principles of business planning and development including various types of budgets. Business plan development in both the short and long term will be covered.
- Related graduate capabilities and elements:
- Creative Problem-solving(Creative Problem-solving)
- Ethical Awareness(Ethical Awareness)
04. Recognise and reflect on relevant OH&S, HR requirements, social, ethical and environmental issues
- Activities:
- Lectures and tutorial activities will include human resource practices, business ethics and OH&S as they apply to businesses and business planning.
- Related graduate capabilities and elements:
- Discipline-specific GCs(Discipline-specific GCs)
- Creative Problem-solving(Creative Problem-solving)
- Ethical Awareness(Ethical Awareness)
Subject options
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Epping, 2017, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorPenelope Smith
Class requirements
WorkShopWeek: 31 - 43
One 2.0 hours workshop per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
TutorialWeek: 31 - 43
One 2.0 hours tutorial per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Business and strategic plan (2000 words) | 40 | 01, 02, 03, 04 | |
| Case study (1500 words) | 35 | 01, 02, 03, 04 | |
| On-line quizzes (6 during semester) | 25 | 01, 02, 03, 04 |