RURAL BUSINESS MANAGEMENT
Credit points: 15
This subject develops 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
Subject Co-ordinatorPenelope Smith
Available to Study Abroad StudentsNo
Subject year levelYear Level 1 - UG
Prerequisites Admission into SBATE
|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
- 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.
02. Analyse different types of agricultural related businesses to identify key aspects of financial statements
- 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.
03. Apply the key components for business development, planning, operation and performance analysis to prepare a business plan outline for a rural business
- 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.
04. Recognise and reflect on the application of relevant OH&S and HR requirements in regard to social, ethical and environmental issues
- Lectures and tutorial activities will include human resource practices, business ethics and OH&S as they apply to businesses and business planning.
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Epping, 2018, Week 29-43, Day
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorPenelope Smith
One 2.0 hours workshop per week on weekdays during the day from week 29 to week 42 and delivered via face-to-face.
One 2.0 hours tutorial per week on weekdays during the day from week 29 to week 42 and delivered via face-to-face.
|Case Study: Business and strategic plan (2000 words)||50||01, 02, 03, 04|
|Written Report (500 words)||20||01, 02, 03, 04|
|Practical Assignment: Market research tools (800 words equivalent)||15||01, 02, 03, 04|
|2 x Tests (300 words equivalent each)||15||01, 02, 03, 04|