Course ID: | AAEC 3980E. 3 hours. |
Course Title: | Introduction to Agribusiness Management |
Course Description: | Managerial concepts, procedures, and techniques in agribusiness
management. Techniques of planning, organization, staffing,
directing, and controlling functions of management. |
Oasis Title: | Intro Agribusiness Management |
Duplicate Credit: | Not open to students with credit in AAEC 3980 |
Nontraditional Format: | Course will be offered 95% or more online. |
Prerequisite: | AAEC 2580 or AAEC 2580E or ECON 2106 or ECON 2106E or ECON 2106H |
Semester Course Offered: | Offered fall and summer semester every year. |
Grading System: | A-F (Traditional) |
|
Course Objectives: | Gives students selected perspectives in applying and integrating
basic management skills and principles in agribusiness problem-
solving and decision-making. A workable approach to management,
built around the management functions of planning, organizing,
controlling, and directing is the focus. The application of
basic skills in economic analysis, accounting, marketing,
communication, finance, facility operations, and personnel in
the management process is illustrated and examined. |
Topical Outline: | The modern food and agribusiness system
Emerging trends and challenges
Forms of business ownership: proprietorship
Partnership
Corporation
Limited liability company
Cooperatives
Basic accounting
Financial statements
Income statements
Balance sheets
Financial statements from accounting information
Statement for cash flows
Financial analysis and planning using financial ratios
Breakeven analysis and contribution to overhead
Financial planning and budgeting
Financing the business: debt versus equity
Financing the business: leverage
Capital investment analysis: cash flows and investment returns
Time value of money
Net present value and international rate of return
Strategic marketing
Marketing management
Marketing opportunities
Buying behaviors
Demand analysis
Marketing mix
Product
Price
Promotion
Place and ethics
Operations management
Managing organizations
Human resources management
Job descriptions
Recruiting, selecting, and training employees
Conflict, grievance, and stress management
Salaries, benefits, incentives, and perquisites |