Agribusiness Systems (2015): Grades 9, 10, 11, 12, Higher Education

Other Colorado CTE sets

Describe agribusinesses, the relationship of agribusiness to the industry of agriculture and will identify opportunities in the agribusiness systems pathwayAGBS.01

  • 01.

    Understand the history and global significance of agribusinessesAGBS.01.01

    1. a.

      Define major components of agribusiness systemsAGBS.01.01.a

    2. b.

      Define the major trends and relationship of agribusiness to global agriculture productionAGBS.01.01.b

    3. c.

      Identify various cultural perspectives in agriculture and the impact on agribusiness systemsAGBS.01.01.c

    4. d.

      Understand current cultural perspectives, global trade, and environmental impact of agriculture and the impact on agribusiness systemsAGBS.01.01.d

  • 02.

    Understand the history and future response in agribusiness systems to agricultureAGBS.01.02

    1. a.

      Determine important historical trends in agribusiness systemsAGBS.01.02.a

    2. b.

      Describe evolution and technological advances in agribusiness systemsAGBS.01.02.b

    3. c.

      Analyze trends (population, societal, income, health, environmental) and their impact on agribusinessAGBS.01.02.c

    4. d.

      Predict future trends in agribusiness systemsAGBS.01.02.d

  • 03.

    Relate the segments of the agriculture industry and their distribution channels on the efficiency of agribusinessesAGBS.01.03

    1. a.

      Define agriculture industry segments (producers, processors, consumers, etc) and distribution channelsAGBS.01.03.a

    2. b.

      Explain the local, regional, national and global agriculture production and the role of agribusiness at each levelAGBS.01.03.b

    3. c.

      Describe the movement of agriculture products through industry segments and industry distribution channelsAGBS.01.03.c

    4. d.

      Analyze the changes in agribusiness management to the efficient production and distribution of agriculture productsAGBS.01.03.d

Describe skills necessary in successful agribusinesses and ethical business practicesAGBS.02

  • 01.

    Identify essential skills necessary for the agribusiness pathwayAGBS.02.01

    1. a.

      Identify skills (analytical, knowledge, communication, confidence, work ethic, honesty) used by personnel working in agribusinessesAGBS.02.01.a

    2. b.

      Analyze personal skills and determine a path for skill development or improvementAGBS.02.01.b

    3. c.

      Determine the impact of personal skills in the success and failure of agribusinessesAGBS.02.01.c

  • 02.

    Communicate abilities, skills and experience in written and oral formAGBS.02.02

    1. a.

      Identify purpose and function of a job application, resume, cover letter and job interviewAGBS.02.02.a

    2. b.

      Identify personal skills, abilities, experience and integrate them into a job application, resume, cover letter and job interviewAGBS.02.02.b

    3. c.

      Complete a job application, resume, cover letter and job interviewAGBS.02.02.c

    4. d.

      Analyze career opportunities (skills) compared to personal skills, abilities, experience presented on a job application, resume, cover letter and in a job interviewAGBS.02.02.d

  • 03.

    Understand professionalism in communication, business etiquette and dress/attireAGBS.02.03

    1. a.

      Identify characteristics of professionalismAGBS.02.03.a

    2. b.

      Understand dress, attire, communication skills necessary in the workplaceAGBS.02.03.b

    3. c.

      Distinguish situations where professionalism is tested in the workplaceAGBS.02.03.c

    4. d.

      Analyze situations where work place ethics and professionalism were compromisedAGBS.02.03.d

Understand record keeping systems and utilize records to assist in financial management of agribusinessAGBS.03

  • 01.

    Understand record keeping and accounting principlesAGBS.03.01

    1. a.

      Identify different methods and importance of record keeping and accountingAGBS.03.01.a

    2. b.

      Classify record keeping and accounting procedures as a particular methodAGBS.03.01.b

    3. c.

      Utilize accounting and record keeping in an agribusinessAGBS.03.01.c

  • 02.

    Utilize contracts in an agribusiness scenarioAGBS.03.02

    1. a.

      Define and determine essential components of a contractAGBS.03.02.a

    2. b.

      Determine types of contracts and distinguish between good and bad contractsAGBS.03.02.b

    3. c.

      Analyze contracts utilized in agribusinessesAGBS.03.02.c

    4. d.

      Write and utilize contractsAGBS.03.02.d

  • 03.

    Recognize parts of a financial balance sheet; and utilize a balance sheet to determine the financial condition of an agribusinessAGBS.03.03

    1. a.

      Describe a financial balance sheet and uses of a financial balance sheetAGBS.03.03.a

    2. b.

      Define terms relating to a financial balance set (solvency, liquidity, equity, debt, net worth, return)AGBS.03.03.b

    3. c.

      Develop a personal financial balance sheetAGBS.03.03.c

    4. d.

      Analyze financial balance sheets to determine the financial condition of an agribusinessAGBS.03.03.d

  • 04.

    Compile an income and expense record and utilize records to manage an agribusinessAGBS.03.04

    1. a.

      Define income, expense, and capital transactions; the purpose of each and classify items accordinglyAGBS.03.04.a

    2. b.

      Complete an income, expense and capital transaction recordAGBS.03.04.b

    3. c.

      Evaluate income and expense ratios to manage an agribusinessAGBS.03.04.c

  • 05.

    Utilize data to effectively manage an agribusinessAGBS.03.05

    1. a.

      Describe purpose of breeding record, production records, diary, herd check, health records, yield dataAGBS.03.05.a

    2. b.

      Develop or utilize current data management systemsAGBS.03.05.b

    3. c.

      Utilize data to summarize production and/or develop efficiency factors for productionAGBS.03.05.c

    4. d.

      Utilize data to make improvements in an agribusinessAGBS.03.05.d

  • 06.

    Create a cash flow or budget to enhance management decisions in an agribusinessAGBS.03.06

    1. a.

      Identify purpose and parts of a cash flow or budgetAGBS.03.06.a

    2. b.

      Create a cash flow or budget for an agribusinessAGBS.03.06.b

    3. c.

      Create partial budgets or enterprise budgets for an agribusinessAGBS.03.06.c

    4. d.

      Utilize a cash flow and budgets to make management decisions in an agribusinessAGBS.03.06.d

Understand current agriculture issues and important policies and laws in agricultureAGBS.04

  • 01.

    Articulate an educated position regarding agriculture issuesAGBS.04.01

    1. a.

      Define issue; identify important issues in agricultureAGBS.04.01.a

    2. b.

      Determine impact of issues on agricultureAGBS.04.01.b

    3. c.

      Develop and deliver an action plan around an agriculture issueAGBS.04.01.c

  • 02.

    Understand how agricultural laws and policies impact practices in agriculture industryAGBS.04.02

    1. a.

      Define ag law and ag policy and distinguish how laws and policies are createdAGBS.04.02.a

    2. b.

      Identify laws and their impacts on the legal responsibilities and liabilities of an agricultural businessAGBS.04.02.b

    3. c.

      Develop an action plan to comply with an agricultural policy or lawAGBS.04.02.c

    4. d.

      Create an advocacy team around an agricultural policy or law and make presentation to appropriate audiencesAGBS.04.02.d

Understand record keeping systems and utilize records to Assist in financial management of agribusinessAGBS.05

  • 01.

    Understand the principles of supply and demandAGBS.05.01

    1. a.

      Define and describe supply and demandAGBS.05.01.a

    2. b.

      Create a demand curve and scheduleAGBS.05.01.b

    3. c.

      Track historical data on supply and demand and impact on prices of commodities and agricultural productsAGBS.05.01.c

    4. d.

      Determine price for a product utilizing supply and demand informationAGBS.05.01.d

  • 02.

    Understand the law of diminishing returns and the impact on product pricingAGBS.05.02

    1. a.

      Understand and describe the law of diminishing returnsAGBS.05.02.a

    2. b.

      Describe input basisAGBS.05.02.b

    3. c.

      Utilize the law of diminishing returns to hypothesize changes in products, prices, supply and demandAGBS.05.02.c

Implement principles of agricultural marketing within an agricultural businessAGBS.06

  • 01.

    Understand the importance of a marketing chainAGBS.06.01

    1. a.

      Understand 6 different types of marketing (commodity, local, niche, product) and the free-market economyAGBS.06.01.a

    2. b.

      Distinguish the difference between horizontal coordination and vertical integrationAGBS.06.01.b

    3. c.

      Describe marketing legislation and organizations (check off, cooperatives, contracts, agreements, NAFTA, exports)AGBS.06.01.c

    4. d.

      Analyze marketing trends based upon influential factors (integration, niche, check-off)AGBS.06.01.d

  • 02.

    Describe the process of commodity marketingAGBS.06.02

    1. a.

      Identify and describe the commodity exchanges and define commodity terms (futures contract, hedge, speculator)AGBS.06.02.a

    2. b.

      Trace the path of a commodity tradeAGBS.06.02.b

    3. c.

      Understand how profit and loss is generated through a commodity tradeAGBS.06.02.c

    4. d.

      Determine profit and loss through a futures contract, hedging or speculating activityAGBS.06.02.d

  • 03.

    Appreciate the importance of customer relations and sales techniques in an agriculture marketingAGBS.06.03

    1. a.

      Describe different sales techniques and the impact of customer relations within an agribusinessAGBS.06.03.a

    2. b.

      Identify and discuss the sales technique and importance of customer relationsAGBS.06.03.b

    3. c.

      Develop a plan to expand a customer base utilizing sales and customer relation skillsAGBS.06.03.c

    4. d.

      Implement sales techniques and customer relations skills by selling a productAGBS.06.03.d

Develop skills in agribusiness managementAGBS.07

  • 01.

    Understand the types of ownership in an agribusinessAGBS.07.01

    1. a.

      Define types of business structures (sole proprietorship, partnership, corporation, LLC, cooperative)AGBS.07.01.a

    2. b.

      Determine advantages and disadvantages of different business structuresAGBS.07.01.b

    3. c.

      Understand legal obligations for each type of agribusiness ownershipAGBS.07.01.c

    4. d.

      Analyze industry to compare size of business to types of business structureAGBS.07.01.d

  • 02.

    Develop skills in agribusiness managementAGBS.07.02

    1. a.

      Identify management skills (problem solving) and why management is important in an ag businessAGBS.07.02.a

    2. b.

      Determine impact of financing, marketing, and risk management on the success of an agricultural businessAGBS.07.02.b

    3. c.

      Develop a management plan for an agribusinessAGBS.07.02.c

    4. d.

      Analyze ag businesses for positive and negative management techniques and their impact on the agriculture industryAGBS.07.02.d

  • 03.

    Develop efficiency factors to manage an agribusinessAGBS.07.03

    1. a.

      Understand efficiency factors and how an efficient operation can impact business successAGBS.07.03.a

    2. b.

      Calculate different efficiency factors for given agribusiness scenariosAGBS.07.03.b

    3. c.

      Develop and calculate efficiency factors for personal agribusiness enterpriseAGBS.07.03.c

    4. d.

      Change or make management decisions based upon efficiency factor informationAGBS.07.03.d

  • 04.

    Understand the importance of goal setting in an agribusinessAGBS.07.04

    1. a.

      Define SMART goals (specific, measurable, achievable, realistic and time sensitive)AGBS.07.04.a

    2. b.

      Determine characteristics of short, intermediate and long term goals in agribusinessesAGBS.07.04.b

    3. c.

      Develop short and long term SMART goals for an agribusinessAGBS.07.04.c

  • 05.

    Understand the importance of human resources in agribusinessesAGBS.07.05

    1. a.

      Identify the need for workers in ag businessesAGBS.07.05.a

    2. b.

      Understand legal obligations of human resources (workman's compensation, salary, hours, conditions)AGBS.07.05.b

    3. c.

      Analyze techniques for effective management of human resourcesAGBS.07.05.c

  • 06.

    Determine tax obligations regarding an agribusinessAGBS.07.06

    1. a.

      Define taxes (local, state and federal) and importance of tax obligations within business operationsAGBS.07.06.a

    2. b.

      Understand tax code relating to business operations and what they are used for (i.e. FICA, Medicare, sales taxes)AGBS.07.06.b

    3. c.

      Comply with tax obligations for a business, complete tax formsAGBS.07.06.c

    4. d.

      Analyze tax obligations for various businessesAGBS.07.06.d

  • 07.

    Understand the role of finance in agribusiness managementAGBS.07.07

    1. a.

      Distinguish the need for credit in an agribusiness; the sources of creditAGBS.07.07.a

    2. b.

      Define the five C's (Capacity, Capital, Charter, collateral, Condition) of credit and the determine the their role in establishing creditAGBS.07.07.b

    3. c.

      Calculate interest on a loan using different types of interestAGBS.07.07.c

    4. d.

      Utilize an amortization schedule to calculate interest on a loanAGBS.07.07.d

  • 08.

    Develop an agribusiness planAGBS.07.08

    1. a.

      Identify a business plan and determine the importance of a business planAGBS.07.08.a

    2. b.

      Determine essential parts of a business planAGBS.07.08.b

    3. c.

      Develop a plan for an agribusiness incorporating all facets of an ag business (management, finance, risk management, marketing, human resource management taxes, etc.)AGBS.07.08.c

  • 09.

    Understand the use and necessity of daily operational forms & documents used in an agribusinessAGBS.07.09

    1. a.

      Identify forms and documents used in ag business and their function in the business operationAGBS.07.09.a

    2. b.

      Complete / fill out forms accuratelyAGBS.07.09.b

    3. c.

      Design forms to meet a specific business needAGBS.07.09.c

    4. d.

      apply data from forms to analysis of business operation and profitabilityAGBS.07.09.d

Interpret legal land descriptionsAGBS.08

  • 01.

    Comprehend and utilize legal land descriptionsAGBS.08.01

    1. a.

      Define legal land description & identify two types used in USAGBS.08.01.a

    2. b.

      Identify components of the rectangular survey systemAGBS.08.01.b

    3. c.

      Read and understand the descriptive process of land identificationAGBS.08.01.c

    4. d.

      Determine size of parcel based on legal descriptions or write legal descriptions based on parcelAGBS.08.01.d

Frequently asked questions

What grade levels do these standards cover?
Grade 9, Grade 10, Grade 11, Grade 12, and HIGHEREDUCATION
When were these standards adopted?
2015
Where can I read the official document?
Agribusiness Systems

Keep exploring

Sibling grade bands, other subjects in this jurisdiction, and the same subject across other states.

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