FBMA 2130 Directed Study - Decision Making

FBMA 2130: Directed Study - Decision Making

Description

Directed Study - Decision Making examines the individual, family and farm business decision making process with emphasis on upgrading and improving decision making resources, tools and skills. Particularly, this course will lead the student to critically analyze information, applications and implications of decision making as it relates to their own situation. Students will evaluate their own decision making process.

Management Credits

2

Topics to be Covered

1. Implement the decision-making process

a. Define the decision-making process

b. Apply decision making tools and techniques developed in diploma and certificate programs

2. Develop analytical and action based decision-making skills

a. Examine the role of predictions in the decision-making process.

3. Develop administrative skills as they relate to decision making

a. Analyze errors in decision-making (detection and avoidance)

4. Develop team/project management skills for the decision-making process

a. Evaluate decision-making traps (data vs. intuition)

Learning Outcomes

1. Implement decision making process

2. Use analytical and problem-solving skills in decision making

3. List skills necessary to fulfill business goals

4. Gain knowledge about the differences among global farm economies and understand the implications these have on farm management

5. Recognize and analyze ethical and legal problems within farm business situations and choose a resolution

6. Discuss a complex farm business issue