Course ID: | AAEC 3980. 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 3980E |
Prerequisite: | AAEC 2580 or AAEC 2580E or ECON 2106 or ECON 2106E or ECON 2106H |
Semester Course Offered: | Not offered on a regular basis. |
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 & 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, training employees
Conflict, grievance and stress management
Salaries, benefits, incentives and perquisites |