- - AGRICULTURE CORE CURRICULUM - - (CLF1000) Advanced Core Cluster: AGRICULTURAL BUSINESS MANAGEMENT (CLF1700) Unit Title: PURCHASING OPTIONS UNIT DIRECTORY: ______________________________________________________________________________ Code Topic Title Hours Year(s) ______________________________________________________________________________ (CLF1701) Purchasing Options 2 3 / 4 TOTAL TIME FOR UNIT = 2 ______________________________________________________________________________ UNIT GOAL: Students will understand the purchasing options of an agricultural business. ______________________________________________________________________________ UNIT OBJECTIVES: Upon completion of the unit, the students will be able to: 1. List the advantages and disadvantages of purchasing new versus old equipment. 2. List the advantages and disadvantages of leasing. 3. List factors to consider in purchasing seed, fertilizer, fuel, repairs, and other services. ______________________________________________________________________________ REFERENCES: 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. 10/30/91 EEZ/JA/sg #%&C