AGRI11005 - Agricultural Business Planning
Term 2 - 2017


All details in this unit profile for AGRI11005 have been officially approved by CQUniversity and represent a learning partnership between the University and you (our student). The information will not be changed unless absolutely necessary and any change will be clearly indicated by an approved correction included in the profile.

Overview

This unit integrates two VET competency units: 'Monitor and review business performance' and 'Develop and review a business plan' and covers the fundamentals required to run and operate a modern agricultural business. You will study the practical application of business principles, including developing an agricultural business plan and identifying the scope and strategic directions of the enterprise within accepted legal frameworks. You will then be required to prepare an agricultural business plan and make recommendations to improve the business. You will also monitor and review agricultural business performance, including defining the standards to use, and assess indicators that can improve agricultural business performance.

Details

Career Level Undergraduate
Unit Level Level 1
Credit Points 6
Student Contribution Band 3A
Fraction of Full-Time Student Load 0.125

Attendance Requirements

All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Offerings

Term 2 - 2017
  • Bundaberg
  • Emerald
  • Rockhampton

Website

This unit has a website, within the Moodle system, which is available two weeks before the start of term. It is important that you visit your Moodle site throughout the term. Go to Moodle

Recommended Student Time Commitment

Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Class Timetable

Assessment Overview

Assessment Task Weighting
1. Portfolio 60%
2. Presentation and Written Assessment 40%

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%). Consult the University’s Grades and Results Procedures for more details of interim results and final grades.

All University policies are available on the IMPortal.

You may wish to view these policies:

  • Grades and Results Procedure
  • Assessment Policy and Procedure (Higher Education Coursework)
  • Review of Grade Procedure
  • Academic Misconduct Procedure
  • Monitoring Academic Progress (MAP) Policy and Procedure – Domestic Students
  • Monitoring Academic Progress (MAP) Policy and Procedure – International Students
  • Refund and Excess Payments (Credit Balances) Policy and Procedure
  • Student Feedback – Compliments and Complaints Policy and Procedure
  • Acceptable Use of Information and Communications Technology Facilities and Devices Policy and Procedure

This list is not an exhaustive list of all University policies. The full list of University policies are available on the IMPortal.

Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Feedback Source Recommendation
Assessment items were too much and were not weighted appropriately. Moodle feedback Re-evaluate the relative weightings of the assessment tasks and examine the workload in this unit relative to other units in the Bachelor of Agriculture course.
On successful completion of this unit, you will be able to:
  1. Monitor and assess agricultural business performance.
  2. Develop and review an agricultural business plan.

Alignment of Assessment Tasks to Learning Outcomes

Assessment Tasks Learning Outcomes
1 2
1 - Portfolio
2 - Presentation and Written Assessment

Alignment of Graduate Attributes to Learning Outcomes

  • Introductory Level
  • Intermediate Level
  • Graduate Level
Graduate Attributes Learning Outcomes
1 2
1. Communication
2. Problem Solving  
3. Critical Thinking
4. Information Literacy  
5. Team Work  
6. Information Technology Competence    
7. Cross Cultural Competence    
8. Ethical practice  

Alignment of Assessment Tasks to Graduate Attributes

  • Introductory Level
  • Intermediate Level
  • Graduate Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8
1 - Portfolio        
2 - Presentation and Written Assessment      

Textbook Information

There are no required textbooks.

IT Resources

You will need access to the following IT resources:
  • CQUniversity Student Email
  • Internet
  • Unit Website (Moodle)
  • Financial Management for Agribusiness (ebook -accessible through CQUniversity Library). Authors: Obst, W, Graham, R, & Christie, G.; Year 2007. Publisher: Landlinks Press, Collingwood, Victoria, Australia.
All submissions for this unit must use the Harvard (author-date) referencing style (details can be obtained here). For further information, see the Assessment Tasks below.
Unit CoordinatorRichard Koech (r.koech@cqu.edu.au)
Note: Check the Term-Specific section for any additional contact information provided by the teaching team
Week Begin Date Module/Topic Chapter Events and Submissions
Week 1 10-07-2017 Agribusiness Planning: an overview Chapter 1
Week 2 17-07-2017

Agribusiness Management Information Systems

Chapter 2 & 3

Introduction to agricultural financial and production software

Week 3 24-07-2017 Agribusiness Production Planning

Business Portfolio Part A: Written Report-Business Plan Proposal Due Monday (24 July 11:00 PM AEST)

Week 4 31-07-2017 Agribusiness Marketing

Chapter 10

Week 5 07-08-2017 Agribusiness Resource Planning
Vacation Week 14-08-2017
Week 6 21-08-2017

Agribusiness Financial Planning: cash flow management.

Chapter 4

Agricultural financial and production software case study activities

Week 7 28-08-2017

Agribusiness Financial Planning: preparation of financial statements.

Chapter 5 & 6

Agricultural financial and production software case study activities

Week 8 04-09-2017

Agribusiness Financial Analysis: evaluation of business alternatives.

Chapter 9 & 11

Business Portfolio Part B: Quiz: Financial Planning. Due Monday (4 September 11:00 PM AEST)

Week 9 11-09-2017

Agribusiness Risk Management, Finance and Taxation Planning

Chapter 7 & 12

Week 10 18-09-2017

Agribusiness Performance Management: an overview.

Agricultural Business Plan: Part A (written) is due on Monday, Sept 18th, 2017 11:00PM AEST

Business Portfolio Part C: Quiz: Financial Analysis, Finance & Taxation Planning Due Friday (22 September 11:00 PM AEST)

Week 11 25-09-2017

Agribusiness Performance Management: monitoring and evaluation.

Week 12 02-10-2017

Agribusiness Improvement and Future Drivers of Change

Review/Exam Week 09-10-2017

Agricultural Business Plan Presentation video

Part B is due on Friday, Oct 13th, 2017 11:00PM AEST.

Exam Week 16-10-2017

1 Portfolio

Assessment Title Agriculture Business Planning Portfolio
Task Description

The Agriculture Business Planning Portfolio is worth 60% of your overall unit grade and is composed of 3 parts (and apportioned as follows: Portfolio Part A: 20%, Part B: 20%, Part C: 20%). The assessment tasks assess your comprehension of the lecture, tutorial and practical activities associated with the unit. More specific details associated with each of these tasks and the assessment criteria for all parts will be available on the Moodle site.

Part A Business Plan Proposal (20%): (800 – 1000 words, excluding figures, tables, reference list and appendices). In this report you are required to prepare a business plan proposal for a rural business including; a brief description of the proposed business, the purpose of the business plan, a detailed outline of the business plan and identification of a range of resources required to develop a business plan.

Part B Financial Planning Quiz (20%): The topics in this quiz relate to the lecture, tutorial and practical activities in weeks 6 & 7 including cash flow management, budgeting and preparation of financial statements.

The questions in the Quiz will be a combination of multiple choice, short answer responses and will include financial calculations and preparation and interpretation of financial reports. The quizzes will be open for three days and the time allowed to complete them will be one hour. Each part will be assessed for presentation, content, referencing, and written expression as appropriate.

Part C Financial Analysis, Finance & Taxation Planning Quiz (20%): The topics in this quiz relate to the lecture, tutorial and practical activities in weeks 8 & 9 including financial analysis, risk management, finance and tax planning.

Assessment Due Date Business Portfolio is due — Part A: Monday 24 July 11:00 PM AEST (Week 3); Part B: Monday 4 September 11:00 PM AEST (Week 8); Part C: Friday 22 September 11:00 PM AEST (Week 10).
Return Date to Students Each Agriculture Business Planning Portfolio Task will be returned within 1 week of its due date.
Weighting 60%
Assessment Criteria

Each part will be assessed for presentation, content, referencing, and spoken or written expression as appropriate. Detailed marking rubrics for each part will be available on the moodle site two weeks before the start of term.

Students receiving unsatisfactory marks for any part of the portfolio (<50% or unfilled units of competency) will be given the opportunity to re-submit their work.

Conditions Minimum mark or grade - 50%
Referencing Style Harvard (author-date)
Submission Online
Group submission

Written components of the Ag Business Planning Portfolio will be submitted on the unit Moodle page. Quizzes will be taken online.

Learning Outcomes Assessed
This section can be expanded to view the assessed learning outcomes

1. Monitor and assess agricultural business performance.

2. Develop and review an agricultural business plan.

Graduate Attributes
This section can be expanded to view the assessed graduate attributes

1. Communication

3. Critical Thinking

4. Information Literacy

6. Information Technology Competence



2 Presentation and Written Assessment

Assessment Title Agricultural Business Plan and Video Presentation
Task Description

Part A Agricultural Business Plan (30%)

The purpose of this assessment task is to develop and review a business plan for an agricultural business of your choice (1500 - 2000 words, excluding figures, tables, reference list and appendices). Throughout this task you will:

  • set strategic goals;
  • set targets and directions for the business;
  • develop appropriate operational plans;
  • determine clear and measurable indicators of operational performance;
  • identify and design risk management and mitigation strategies;
  • assess the business plan to identify strengths, weaknesses and areas for improvement.
  • Monitor and Review of Business Performance: You are required to develop plans to monitor and review business performance.

Ensure all sections of the business plan as posted on the Moodle unit page are completed in detail and that the plan represents all the relevant aspects of your business.

This assessment is expected to be presented in the following format:

  • Title Page (Unit, Report /Assessment Title, Student Name and Number, Unit coordinator Name, Date Due)
  • Table of Contents
  • Executive Summary
  • Introduction
  • Business Environment
  • Strategic Business Goals
  • Operational Planning
  • Financial Plan & Analysis
  • Legal Obligations & Risk Management
  • Performance Management
  • Implementation Strategies & Review
  • Conclusion & Summary
  • References
  • Appendix

Note: You are encouraged to incorporate feed-back from your Business Plan Proposal (Business Portfolio Part A) when completing this Agricultural Business Plan. However, there is no requirement for this assessment to be completed on the same business as the Business Portfolio Part A.

Part B

In this assessment, you are required to select either Option 1 or Option 2.

Option 1: Agricultural Business Plan Presentation Video (10%)

For this assessment, you are required to provide a pre-recorded video of an oral presentation in which you effectively highlight the key elements of your business plan as if you were presenting to a potential investor or financier. Your presentation needs to be between 8-10 minutes in duration. You will need to include the following:

  • Introduction – including introducing yourself, your reason for providing the oral presentation, an outline of the content to be presented, and an overview of each section that will be included in your presentation;
  • Main body of your report: make sure that you highlight the key elements of your business plan in a convincing manner to effectively promote the strengths of your business plan in each of the key areas;
  • Summary – present the key messages of your presentation.

Option 2: Group Business Marketing & Promotional Plan (10%)

In this group task (2 – 4 people/group) you will:

1) Develop a business marketing and promotional plan, including promotional materials (500 – 800 words); and

2) Prepare an oral presentation covering your marketing and promotional plan and developed promotional materials (8 – 10 minute group oral presentation).

Note:

  • Option 2 of Part B in the Written and Presentation Assessment item is a group presentation. All other assessment items are to be completed individually.
  • For this option, students are required to self-select group members and notify the Unit Coordinator two weeks prior to the due date for the assessment. Each member of the group needs to contribute equally to the presentation within the 8-10 minutes total presentation time.

For Part B assessment task (Option 1 or Option 2), you will be assessed on the content of your presentation, the method of presentation and use of visual aids, your personal presentation, time management and use of reference material.

Please take note of the following:

  • Your ability to pronounce all of your words is important and your ability to persuade the audience that you know their meaning and have a full understanding of the content that you’re presenting. To the audience it is quite obvious if you are not familiar with the meaning and pronunciation of your words. If you do not understand words, use a dictionary and/or replace with words with which you are familiar;
  • You will need to speak clearly and confidently, and be loud enough to enable your presentation to be heard clearly;
  • You will need to maintain eye contact with the camera;
  • The language you use must be appropriate to the task (i.e. no swearing).
Your personal presentation is important. For this oral presentation please dress appropriately, assuming that you are presenting to a panel of supervisors, a financier or a board of directors. When presenting your oral presentation, you also need to use visual aid/s to enhance your key messages. Technical materials (e.g. camera, tripod, etc.) will be made available to students at each course campus. Students may record their presentations using their own technical materials if they wish to do so.

Assessment Due Date Part A is due on Monday, Sept 18th, 2017 11:00PM AEST; Part B is due on Friday, Oct 13th, 201711:00PM AEST.
Return Date to Students Marked assignments, and feedback/grades will be provided to students on Moodle one week after their due date.
Weighting 40%
Assessment Criteria

Students receiving unsatisfactory marks for any part of this assessment (<50% or unfilled units of competency) will be given the opportunity to re-submit their work.

Conditions Minimum mark or grade - 50%
Referencing Style Harvard (author-date)
Submission Online

Part A should be submitted as a MS Word (.doc or docx) file on the Moodle unit page. Part B Videos must be uploaded to the unit Moodle site as .mpg .mov .avi .mp4 or .wmv file types (maximum file size <100Mb)

Learning Outcomes Assessed
This section can be expanded to view the assessed learning outcomes

1. Monitor and assess agricultural business performance.

2. Develop and review an agricultural business plan.

Graduate Attributes
This section can be expanded to view the assessed graduate attributes

1. Communication

2. Problem Solving

3. Critical Thinking

4. Information Literacy

6. Information Technology Competence




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