FBMT 1122 Implementing the System Management Plan (Copy)
Course Information
| Course Number | FBMT 1122 |
|---|---|
| Course Title | Implementing the System Management Plan (Copy) |
| Description | This course continues to build on the foundation of farm business management. The student will complete a farm business financial and enterprise analysis. Sound financial record keeping is an integral component. (Prerequisite: None) |
| Total Credits | 4 |
| Total Hours | 16 |
| Instruction Type | Credits and Hours |
|---|---|
| Individualized | 4 Credits, 16 Hours |
Pre/Corequisites
None
Institutional Core Competencies
- Critical and Creative Thinking - Students will be able to demonstrate purposeful thinking with the goal of using a creative process for developing and building upon ideas and/or the goal of using a critical process for the analyzing and evaluating of ideas.
Course Competencies
- Compare risk management tools and products.
- Compare available current agricultural technologies and their effect on different enterprises.
- Determine benefits of ownership vs. leasing of capital assets.
- Evaluate available credit options.
- Create standard operating procedures for labor and management resources.
- Examine enterprise analysis information.
- Compile income and expense data for year-end analysis and tax preparation.
- Revise enterprise budgets.
- Examine historical farm data.
- Identify marketing goals.
- Utilize the farm business financial ratio indicators to assess business health.
- Identify marketing strategies.
SCC Accessibility Statement
South Central College strives to make all learning experiences as accessible as possible. If you have a disability and need accommodations for access to this class, contact the Academic Support Center to request and discuss accommodations.
North Mankato: Room B-132, (507) 389-7222; Faribault: Room A-116, (507) 332-7222.
Additional information and forms can be found at: southcentral.edu/disability
This material can be made available in alternative formats by contacting the Academic Support Center at 507-389-7222.