Student Learning Outcomes
Students will identify the elements necessary to create, evaluate, and implement a strategic plan for the business. Student will utilize financial information and records to develop the strategic plan.Student Learning Outcomes
- Evaluate the impact of the strategic plan affecting the farm financials and operation.
- Measure the importance of both internal and external environmental monitoring.
- Identify the action steps necessary to implement the plan.
- Prioritize the steps necessary to formulate action plans and contingency plans.
- Compare key financial ratios to identify the ideal business capacity.
- Identify specific business trends and evaluate business performance.
- Describe & diagram the primary elements of strategic business plan.
- Contrast the market forces impacting business capacity.
- Recognize the components in creating a business mission statement.
Prerequisites
Please see eServices for section availability and current pre-req/test score requirements for this course.