- - AGRICULTURE CORE CURRICULUM - - (CLF1000) Advanced Core Cluster: AGRICULTURAL BUSINESS MANAGEMENT (CLF1450) Unit Title: MARKETING UNIT DIRECTORY: __________________________________________________________________________ Code Topic Title Hours Year(s) __________________________________________________________________________ (CLF1451) Introduction to Marketing 2 3/4 (CLF1452) Key Factors in Marketing 2 3/4 (CLF1453) Marketing Strategies: Hedging and Speculation 2 3/4 (CLF1454) Developing a Marketing Plan 3 3/4 (CLF1455) Trading in International Markets 2 3/4 (CLF1456) Introduction to World Trade 1 3/4 (CLF1457) Agricultural Exports and Trade Policies 2 3/4 (CLF1458) Marketing Procedures in World Trade 2 3/4 TOTAL TIME FOR UNIT = 16 ______________________________________________________________________________ UNIT GOALS: Students will understand the elements of marketing and marketing concepts. ______________________________________________________________________________ UNIT OBJECTIVES: Upon completion of this unit, students will be able to: 1. Explain what is meant by the term, "free enterprise system". 2. Describe key factors involved in marketing. 3. Describe types of markets. 4. Describe the importance of grades and standards. 5. Distinguish between hedging and speculation. 6. Develop a marketing plan for a commodity. 7. Describe the purpose and function of local markets. 8. Define the terms, "developing" and "developed country," and explain how the level of development affects agriculture and agricultural trade. 9. Describe the culture and lifestyle of people in another country and explain the impact these have on the agriculture in that country. 10. Describe the basic principles underlying the international agriculture market. 11. Become familiar with agricultural marketing terminology. 12. Compare and contrast the trade policies of the U.S. and other important trading partners. 13. Describe the importance of agricultural exports to the economy of California and the United States. 14. Compare and contrast the marketing systems of the United States and other selected trading partners. 15. Compare and contrast the food distribution systems of the United States and Japan. ______________________________________________________________________________ REFERENCES:..Cramer, J. L., & Jensen C.W. (1988). AGRICULTURAL ECONOMICS AND AGRIBUSINESS (4th ed.). New York, NY: J. Wiley & Sons. Luening, R. A., Klemme, R. M., & Mortenson, W. P. (1991). THE FARM MANAGEMENT HANDBOOK (7th ed.). Danville, IL: Interstate Publishers. ______________________________________________________________________________ RESOURCES: Deere & Company. (1987). FARM AND RANCH BUSINESS MANAGEMENT (2nd ed.). Available from: John Deere Technical Services, Department F, John Deere Rd., Moline, IL 61265. Chicago Mercantile Exchange. (1990). AN INTRODUCTION TO COMMODITY MARKETING (Teacher Guide). Available from: FFA Supply Services, P.O. Box 15160, Alexandria, VA 22309-0160 California Department of Food and Agriculture. (1989). California Agriculture Statistical Review and California Agricultural Exports. Available from: 1220 "N" St., Sacramento, CA 95814. 12/16/91 EEZ/ez #%&C