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Active as of Fall Semester 2024
I. General Information
1. Course Title:
Incorporating Value Added Enterprises
2. Course Prefix & Number:
FBMT 1254
3. Course Credits and Contact Hours:
Credits: 2
4. Course Description:
This course will provide the student with the knowledge of incorporating a value-added enterprise and evaluating outcomes of the analysis of the farm.
5. Placement Tests Required:
Accuplacer (specify test): |
No placement tests required |
Score: |
|
6. Prerequisite Courses:
FBMT 1254 - Incorporating Value Added Enterprises
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMT 1254 - Incorporating Value Added Enterprises
There are no corequisites for this course.
II. Transfer and Articulation
III. Course Purpose
Program-Applicable Courses – This course is required for the following program(s):
Essentials in Farm Business Management Certificate
IV. Learning Outcomes
1. College-Wide Outcomes
College-Wide Outcomes/Competencies |
Students will be able to: |
Assess alternative solutions to a problem |
Identify data for value-added enterprise incorporation. |
Apply abstract ideas to concrete situations |
Interpret financial documents used in the analysis. |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Distinguish the concepts of value-added enterprises;
- Use a value-added enterprise fitting the current farm business;
- Interpret regional value-added enterprise impacts;
- Complete basic SWOT analysis;
- Appraise value added enterprise to business mission, vision, and goal; and
- Evaluate profitability.
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Collect data necessary to evaluated value added enterprise profitability
- Record data necessary for analysis of the business
- Adjust production and inventory data for yearend closeout
- Closeout records for business analysis
- Interpret the analysis of the contributions from the value-added enterprise(s)
- Complete the business analysis
- Evaluate report data to determine overall business profitability
- Consider contributions to overhead and enterprise profitability
- Examine financial documents as they relate directly to the value-added enterprise(s)
- Review variable costs for the value-added enterprise(s)
- Review fixed costs for the value-added enterprise(s)
- Evaluate selected economic factors from the enterprise table to demonstrate value to the business
- Assemble data to plan for the next business cycle
- Incorporate value-added enterprise in to annual business plan
- Incorporate value-added enterprise in to annual cash flow plan
- Project profitability of business including the value-added enterprise(s)
- Complete an updated whole farm business plan as needed
I. General Information
1. Course Title:
Incorporating Value Added Enterprises
2. Course Prefix & Number:
FBMT 1254
3. Course Credits and Contact Hours:
Credits: 2
4. Course Description:
This course will provide the student with the knowledge of incorporating a value-added enterprise and evaluating outcomes of the analysis of the farm.
5. Placement Tests Required:
Accuplacer (specify test): |
No placement tests required |
Score: |
|
6. Prerequisite Courses:
FBMT 1254 - Incorporating Value Added Enterprises
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMT 1254 - Incorporating Value Added Enterprises
There are no corequisites for this course.
II. Transfer and Articulation
III. Course Purpose
1. Program-Applicable Courses – This course is required for the following program(s):
Essentials in Farm Business Management Certificate
IV. Learning Outcomes
1. College-Wide Outcomes
College-Wide Outcomes/Competencies |
Students will be able to: |
Apply abstract ideas to concrete situations |
Interpret financial documents used in the analysis. |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Distinguish the concepts of value-added enterprises;
- Use a value-added enterprise fitting the current farm business;
- Interpret regional value-added enterprise impacts;
- Complete basic SWOT analysis;
- Appraise value added enterprise to business mission, vision, and goal; and
- Evaluate profitability.
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Collect data necessary to evaluated value added enterprise profitability
- Record data necessary for analysis of the business
- Adjust production and inventory data for yearend closeout
- Closeout records for business analysis
- Interpret the analysis of the contributions from the value-added enterprise(s)
- Complete the business analysis
- Evaluate report data to determine overall business profitability
- Consider contributions to overhead and enterprise profitability
- Examine financial documents as they relate directly to the value-added enterprise(s)
- Review variable costs for the value-added enterprise(s)
- Review fixed costs for the value-added enterprise(s)
- Evaluate selected economic factors from the enterprise table to demonstrate value to the business
- Assemble data to plan for the next business cycle
- Incorporate value-added enterprise in to annual business plan
- Incorporate value-added enterprise in to annual cash flow plan
- Project profitability of business including the value-added enterprise(s)
- Complete an updated whole farm business plan as needed