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304050 (v.2) Farm Business Systems Modification 502
Area: | Muresk Institute |
Credits: | 25.0 |
Contact Hours: | 5.0 |
Lecture: | 1 x 3 Hours Weekly |
Tutorial: | 1 x 2 Hours Weekly |
Anti Requisite(s): | 303252 (v.2) Agribusiness Systems Modifications 202
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Prerequisite(s): | 303325 (v.2) Farm Business Systems Analysis 201 or any previous version
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303244 (v.2) Agribusiness Systems Analysis 201 or any previous version
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Syllabus: | Continuation of the management processes for analysing agribusiness systems. Planning for the agribusiness, while continuing the process of implementation, monitoring and control. Selected topics include physical, strategic planning and budgeting, investment appraisal, strategic risk management, advanced production economics and logistics. |
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Unit Outcomes: | On successful completion of this unit students will have- Demonstrated the ability to analyse businesses. Demonstrated appropriate knowledge and understanding of the principles learnt in the subject on topics that include: Principle of physical and strategic planning and budgeting. Analysing and assessing decisions under risk and uncertainty. Strategies and tactics for handling risk and uncertainty. Leasing and investment in land and other capital resources. Whole production business planning for change.Budgeting for change. Systems for control. Integrated technical, economic and marketing information to analyse problems and performance of horticulture or Aquaculture enterprises and suggest appropriate solutions. Prepared reports that constructively andcompetently analyse management of a farm business and analysed alternative changes to the horticulture or aquaculture production units. Prepared a competent business plan for a horticulture or aquaculture business. Demonstrated the ability to develop andapply simple but effective Excel 5.0 spreadsheets for the analyses required for the unit. Demonstrated the ability to independently write clear, readable, informative and imaginative reports and assignments. |
Texts and references listed below are for your information only and current as of September 30, 2003. Some units taught offshore are modified at selected locations. Please check with the unit coordinator for up-to-date information and approved offshore variations to unit information before finalising study and textbook purchases. |
Unit References: | Barry, P.J. Ellinger, P.N. Hopkin, J.A. and Baker, C.B., (1995), Financial Management in Agriculture, 5th ed, Illinois, Interstate Publishers. Bent, M.J.M, (1993), Livestock Productivity Enhancers: An Economic Assessment, Wallingford, CAB International. Bell, D.E, Raiffa, H. and Tversky, A., (1988), Decision Making: Descriptive, Normative and Prescriptive Interactions, Cambridge, Cambridge University Press. Davis, M., (1986), The Art of Decision Making, New York, Springer-Verlag. Forster, J and Browne, M., (1996), Principles of Strategic Management, South Melbourne, Macmillan. Giles, T and Stansfield, M., (1990), The Farmer as Manager, 2nd ed, Wallingford, CAB International. Hardaker, J.B. Huirne, R.B.M. and Anderson, J.R., (1997), Coping with Risk In Agriculture, Wallingford, CAB International. Libben, J.D, Catlett, L.B and Jones, M.L., (1994), Cash Flow Planning in Agriculture, Iowa, Iowa State University Press. Rae, A.N., (1994), Activity Analysis and Decision Making, Wallingford, CAB International. |
Unit Texts: | Makeham, J.P and Malcolm, L.R., (1993), The Farming Game Now, Cambridge, Cambridge University Press. |
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Unit Assessment Breakdown: | Case studies 30%, Examination 30%, Project 40%. This is by Grade/Mark assessment. |
Field of Education: | 50100 Agriculture (Narrow Grouping) | HECS Band (if applicable): | 2 |
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Extent to which this unit or thesis utilises online information: | Informational | Result Type: | Grade/Mark |
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Availability
| Year | Location | Period | Internal | Area External | Central External | | 2004 | Northam Campus | Semester 2 | Y | | |
Area
External | refers to external course/units run by the School or Department, offered online or through Web CT, or offered by research. |
Central
External | refers to external course/units run through the Curtin Bentley-based Distance Education Area |
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