Agricultural Business Career Path Cluster

Performance Standards

C. Agricultural Business

C.1 Economic Principles

Students will understand economic principles as they relate to agribusiness.

Examples of the types of work students should be able to do to meet the standards:

*Make management decisions based on their analysis and interpretation of economic information using appropriate technology.

C.2 Management Functions

Students will be able to define the different types of agribusiness ownership.

Examples of the types of work students should be able to do to meet the standards:

*Compare the advantages and disadvantages of sole proprietorship, partnership, corporate and cooperative business ownership.

C.3 Agriculture Records

Students will apply record keeping, inventory and depreciation procedures commonly used in agribusiness.

Examples of the types of work students should be able to do to meet the standards:

*Maintain California Vocational Record Books based on their Supervised Occupational Experience (SOE) or a simulated class activity.

*Use appropriate technology to keep records and generate reports.

C.4 Agriculture Credit

Students will understand credit and its role in agribusiness.

Examples of the types of work students should be able to do to meet the standards:

*Identify uses and sources for short, intermediate and long term credit.

*Analyze a cash flow statement to determine the ability to repay loans.

*Calculate the cost of credit.

*Prepare a budget to reflect planning and profitability for an enterprise.

Agricultural Business Career Path Cluster

Performance Standards

C.5 Taxes

Students will understand the importance of tax planning and record keeping.

Examples of the types of work students should be able to do to meet the standards:

*Discuss the role of taxes in agribusiness and the American economy.

*Determine the tax obligations for an agribusiness using appropriate technology.

C.6 Law and Risk Management

Students will be able to understand risk management in agribusiness.

Examples of the types of work students should be able to do to meet the standards:

*Discuss liability, environmental responsibility and its economic impact.

*Discuss employee relations in terms of risk and liability.

*Identify sources of labor and factors affecting availability of qualified workers.

C.7 Private/Public Organizations

Students will understand the role of various agricultural organizations and explain their impacts on the agriculture industry.

Examples of the types of work students should be able to do to meet the standards:

*Identify public or private agricultural organizations and access them using the Internet.

C.8 Agricultural Marketing, Sales and Trade

Students will understand the principles of marketing and selling of agricultural products and apply this knowledge using simulations and career development events.

Examples of the types of work students should be able to do to meet the standards:

*Discuss the agricultural significance of commodity markets.

*Explain the interrelationships of governmental, economic and cultural factors affecting international trade.

*Demonstrate use of technology in tracking prices and discussing price movement.

Agricultural Business Career Path Cluster

Performance Standards

C.9 Interpersonal Leadership Development

Students will recognize the traits of effective leaders.

Examples of the types of work students should be able to do to meet the standards:

*Participate in leadership training activities associated with the FFA including public speaking, leading group discussions, working within a committee, conducting business meetings, and problem solving.