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-ordinatorMarisa Collins
Available to Study Abroad StudentsNo
Subject year levelYear Level 1 - UG
Prerequisites Must be admitted into SBATE or requires Subject Coordinator approval.
Special conditions This subject is taught at the Epping Campus of Melbourne Polytechnic.
|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||Handbook of Agricultural Economics||Recommended||Evenson, Robert E.; Pingali, Prabhu L. 2010||Amsterdam : North Holland.|
|Readings||Agribusiness management. Fifth edition||Recommended||Barnard, Freddie L.; Yeager, Elizabeth A.; Akridge, Jay T.; Dooley, Frank J.; Foltz, John Charles; Yeager, Elizabeth Anne. 2016||New York, NY : Routledge.|
|Readings||The Rise of Women Farmers and Sustainable Agriculture.||Recommended||Sachs, Carolyn E.; Barbercheck, Mary; Braiser, Kathryn; Kiernan, Nancy Ellen; Terman, Anna Rachel. 2016||Iowa City : University Of Iowa Press|
|Readings||Financial Management for Agribusiness||Recommended||Wesley Obst, Rob Graham, Graham Christie, 2007||Collingwood, Vic.: CSIRO,|
|Readings||The successful business plan: Secrets and strategies||Recommended||Abrams, R & Burrows, P 2010||CAPSTONE PUBLISHING, MINNESOTA|
|Readings||Marketing : an introduction. 3rd edition||Recommended||Rosalind Masterson and David Pickton, 2014||SAGE, Los Angeles|
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 along with field trips 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.
03. Apply the key components for business development, planning, operation and performance analysis to prepare a business plan outline for a rural business
- Lectures, tutorials and field trips 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 with 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, 2020, Semester 2, Day
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorMarisa Collins
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
One 2.0 hours tutorial per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
|One case study: Business and strategic plan (1500-words, and 10 min presentation; total is equiv)||40||01, 03, 04|
|One Written Report (800-words)||20||02|
|Exam 1.5 hours (1500 word equiv)||40||01, 02, 03, 04|