AREC 211 Management in Agriculture
Covers agriculture as a business; the decision-making process; tools of decision making; acquiring, organizing and managing land, labor and capital resources; and reasons for success and failure. Students learn teamwork, cooperation and leadership skills through classroom simulation, group activities and assignments.
Offered
Offered Fall & Winter only
Notes
Lower Division Transfer (LDT) Course
Outcomes
Upon successful completion of this course, students will be able to:
Organize, compute and analyze a balance sheet, income statement and cash flow budget. Identify the forms and structure of business organizations. Use budgets as tools for enterprise production and alternative analysis. Calculate depreciation, investment payments and interest discount rates. Develop a whole farm plan. Apply the Law of Diminishing Returns and Equal Marginal Principle. Use strategic management and tactical decisions making processes in business management.