Section 127.46 - Agribusiness Management and Marketing (One Credit), Adopted 2024(a) Implementation. The provisions of this section shall be implemented by school districts beginning with the 2025-2026 school year.(b) General requirements. This course is recommended for students in Grades 10-12. Recommended prerequisite: Principles of Agriculture, Food, and Natural Resources. Students shall be awarded one credit for successful completion of this course.(c) Introduction. (1) Career and technical education instruction provides content aligned with challenging academic standards and relevant technical knowledge and skills for students to further their education and succeed in current or emerging professions.(2) The Agriculture, Food, and Natural Resources Career Cluster focuses on the production, processing, marketing, distribution, financing, and development of agricultural commodities and resources, including food, fiber, wood products, natural resources, horticulture, and other plant and animal products/resources.(3) Agribusiness Management and Marketing is designed to provide a foundation to agribusiness management and the free enterprise system. Instruction includes the use of economic principles such as supply and demand, budgeting, record keeping, finance, risk management, business law, marketing, and careers in agribusiness. To prepare for careers in agribusiness systems, students must attain academic skills and knowledge, acquire technical knowledge and skills related to agribusiness marketing and management and the workplace, and develop knowledge and skills regarding career opportunities, entry requirements, and industry expectations. To prepare for success, students need opportunities to learn, reinforce, apply, and transfer their knowledge and skills in a variety of settings.(4) Students are encouraged to participate in extended learning experiences such as career and technical student organizations and other leadership or extracurricular organizations.(5) Statements that contain the word "including" reference content that must be mastered, while those containing the phrase "such as" are intended as possible illustrative examples.(d) Knowledge and skills. (1) The student demonstrates professional standards/employability skills as required by business and industry. The student is expected to: (A) identify career and entrepreneurship opportunities for a chosen occupation in the field of agribusiness systems science and develop a plan for obtaining the education, training, and certifications required;(B) model professionalism by continuously exhibiting appropriate work habits, solving problems, taking initiative, communicating effectively, listening actively, and thinking critically;(C) model appropriate personal and occupational safety and health practices and explain the importance of established safety and health protocols for the workplace;(D) analyze and interpret the rights and responsibilities, including ethical conduct and legal responsibilities, of employers and employees; and(E) describe and demonstrate characteristics of good citizenship in the agricultural workplace, including promoting stewardship, community leadership, civic engagement, and agricultural awareness and literacy.(2) The student develops a supervised agricultural experience program. The student is expected to:(A) plan, propose, conduct, document, and evaluate a supervised agricultural experience program as an experiential learning activity; and(B) use appropriate record-keeping skills in a supervised agricultural experience program.(3) The student develops leadership skills through participation in an agricultural youth organization. The student is expected to: (A) participate in youth agricultural leadership opportunities;(B) review and participate in a local program of activities; and(C) create or update documentation of relevant agricultural experience such as community service, professional, or classroom experiences.(4) The student recognizes and explains roles within organizations, inter-organizational systems, and the larger environment. The student is expected to: (A) identify how organizational systems affect performance and the quality of products and services related to agriculture, food, and natural resources;(B) research and describe the domestic and global context of agricultural industries and careers;(C) describe the nature and types of agribusiness organizations; and(D) identify the sectors of agribusiness such as production, processing, and distribution.(5) The student examines critical aspects of career opportunities in one or more agriculture, food, and natural resources careers. The student is expected to: (A) research job descriptions for one or more careers in agriculture, food, and natural resources and analyze labor market trends for the selected career(s); and(B) identify educational and credentialing requirements for one or more careers in agriculture, food, and natural resources.(6) The student defines and examines agribusiness management and marketing and its importance to agriculture and the economy. The student is expected to: (A) describe different roles and functions of management and leadership in agribusiness;(B) analyze the impact of management and marketing on the production, processing, and distribution of agricultural products;(C) identify key economic principles of free enterprise;(D) explain the impact of key economic principles in agribusiness;(E) analyze the economic opportunities of agribusiness in a selected market or region; and(F) identify how agribusiness management and marketing impact consumer and market trends.(7) The student explains the importance of maintaining records and budgeting in agribusiness. The student is expected to: (A) maintain and analyze agribusiness records such as payroll, employee benefits, inventories, financial statements, and balance sheets to make informed business decisions;(B) research and identify loan and financing opportunities in agribusiness;(C) compare methods of capital resource acquisition as it pertains to agriculture; and(D) apply a cost-benefit analysis to a budget for an agricultural business.(8) The student describes issues related to government policy and seeks opportunities to eliminate barriers for all stakeholders. The student is expected to:(A) analyze methods of decision making;(B) identify and examine the effects of government policies and regulations in making management decisions;(C) describe the role of human resources in ensuring equality in the workplace;(D) identify employee rights and laws pertaining to the workplace; and(E) identify the rights and responsibilities of land and property ownership such as uses, taxes, wills, and liabilities.(9) The student describes the marketing of agricultural products. The student is expected to:(A) describe the purpose and importance of marketing agricultural products;(B) develop a marketing plan for an agricultural business or product;(C) compare various agribusiness markets and influence factors;(D) identify methods used in agriculture for managing risk; and(E) identify and analyze trends in agricultural commodity markets.(10) The student understands the efficiency aspects of agribusiness management. The student is expected to: (A) develop agricultural management and financial documents using management software or information technology;(B) identify components of and develop an agribusiness entrepreneurial plan;(C) identify components of and develop an agribusiness financial management plan; and(D) create and present an agriculture business proposal.19 Tex. Admin. Code § 127.46
Adopted by Texas Register, Volume 49, Number 36, September 6, 2024, TexReg 6996, eff. 9/9/2024