AGRI12011 - Developing Emerging Business Opportunities

General Information

Unit Synopsis

You will be introduced to the principles and practices of developing an emerging business opportunity in agriculture. You will explore and evaluate the elements of entrepreneurship required to successfully analyse and develop business opportunities in the agricultural context. This unit provides you with an understanding of business planning and management, providing you with tools to test the feasibility of a business idea or opportunity and then establish strategies to guide its development.

Details

Level Undergraduate
Unit Level 2
Credit Points 6
Student Contribution Band SCA Band 4
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites

Prerequisite

AGRI11005 Agricultural Business Planning

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 3 - 2024

There are no availabilities for this unit on or after Term 3 - 2024

Attendance Requirements

All on-campus students are expected to attend scheduled classes - in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Assessment Overview

Recommended Student Time Commitment

Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Assessment Tasks

Assessment Task Weighting
1. Written Assessment 30%
2. Presentation 20%
3. Written Assessment 50%

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).

Consult the University's Grades and Results Policy for more details of interim results and final grades

Past Exams

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Previous Feedback

Term 1 - 2021 : The overall satisfaction for students in the last offering of this course was 100.00% (`Agree` and `Strongly Agree` responses), based on a 12.5% response rate.

Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Source: Moodle "Have Your Say" Feedback.
Feedback
Group Assessment Participation
Recommendation
Students remarked that there was not equitable participation in the group assessment. In future, a possible mechanism to address this, beyond Self and Peer Assessment tools, is to have students conduct their peer-to-peer evaluation via Microsoft Teams or Moodle Discussion Boards as a portion of assessment. This will allow the unit coordinator to better assess the quality and equity of student participation in group assessments.
Action Taken
Group participation efforts were improved in 2021 as the Unit Coordinator was in regular contact with students about their group participation. Any issues were addressed early.
Source: Direct student feedback
Feedback
Innovative Assessment: Students enjoyed the innovative assessments that were included in this unit. These assessments gave students the opportunity to experience aspects of agricultural entrepreneurship.
Recommendation
Continue to offer innovative and authentic assessment.
Action Taken
In Progress
Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Analyse the viability of an agricultural business
  2. Review commercially viable agricultural business ideas and opportunities
  3. Formulate strategies to develop a new agricultural business opportunity.

Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3
1 - Written Assessment •
2 - Presentation •
3 - Written Assessment •
Alignment of Graduate Attributes to Learning Outcomes
• Introductory Level
• Intermediate Level
• Graduate Level
Graduate Attributes Learning Outcomes
1 2 3
1 - Communication • • •
2 - Problem Solving • •
3 - Critical Thinking • •
4 - Information Literacy • • •
5 - Team Work •
6 - Information Technology Competence • •
Alignment of Assessment Tasks to Graduate Attributes
• Introductory Level
• Intermediate Level
• Graduate Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9 10