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Course profile

Agrifood Strategy & Competitiveness (AGRC3023)

Study period
Sem 2 2024
Location
Gatton
Attendance mode
In Person

Course overview

Study period
Semester 2, 2024 (22/07/2024 - 18/11/2024)
Study level
Undergraduate
Location
Gatton
Attendance mode
In Person
Units
2
Administrative campus
Gatton
Coordinating unit
Agriculture and Food Sustainability School

Based on agribusiness and food industry case studies, this course examines strategic issues underpinning competitiveness.
This course will be last offered in external mode in 2024.

Agrifood Strategy and Competitiveness is a compulsory course in the last semester of the Bachelor of Agribusiness programme. AGRC3023 is an integrative course. This means that it requires you to use knowledge and skills from this course and from courses studied previously and to apply that knowledge to real world problems and situations. Merely memorising or describing is not enough! In this course you must develop the skills used by professional managers - critical thinking and creativity, as well as a professional level of presentation.

Major changes are taking place in the way businesses, industries and nations compete. This is giving rise to a need to think differently about how strategy is developed, and how we can best move from a competitive to a collaborative model, informed by a culture of innovation as the core of sustainable uniqueness for the firm. ‘Business as usual’/‘more of the same’ strategies are high-risk in a business environment that is rapidly and continuously changing. They can quickly lead to irrelevance in the marketplaces of tomorrow.

Strategic management is critical to survival in business. The world of commerce is increasingly dynamic and complex. It is essential that managers in an environment of global competition have an understanding of the principles of business strategy and are able to apply these principles across the range of management responsibilities - including production, sales, finance and human resources.

This course is an opportunity to integrate discipline skills learnt in specialist courses and to analyse specific applications of strategic management in the field of agribusiness.

Course requirements

Incompatible

You can't enrol in this course if you've already completed the following:

AGRC7043 (co-taught)

Jointly taught details

This course is jointly-taught with:

Tutorials are separate for AGRC3023 and AGRC7043.

Course contact

Course staff

Lecturer

Timetable

The timetable for this course is available on the UQ Public Timetable.

Additional timetable information

 Lecture sessions are designed to be delivered in hybrid mode (simultaneous on-campus for internal students and online via Zoom for external students). These sessions will not be timetabled for external students, but they can attend the lectures scheduled for internal students via live Zoom. Students can complete the tutorial activities online or in class per their enrolment mode. Dedicated online drop-in sessions will be available, upon request, to external students who wish to discuss their learning progress. The drop-in session dates and times will be available on the course BB site, and these additional sessions will not be recorded. Guest lecture sessions are integral to this course to bring industry insights into the classroom. Depending on the availability and practicality, the guest lecture delivery mode would remain flexible, and their schedules could change with short notice, which will be announced via the course blackboard site.  

 

Aims and outcomes

The broad aim of this course is to improve students' ability to understand and analyse the strategic management of agribusiness firms. Specifically, the course aims to: 

  • Introduce the nature and importance of strategic management in agribusiness firms
  • Explore the concept of competitiveness and show its relationship with strategic management
  • Through the use of case studies, both live and written, show how principles of strategic management are applied in practice to improve competitiveness and sustainability in agribusiness firms
  • Give students an opportunity to undertake a strategic analysis of an agribusiness firm

Learning outcomes

After successfully completing this course you should be able to:

LO1.

Apply the core principles and practices of strategic analysis, planning and management in the agrifood industry context

LO2.

Apply the strategic analysis tools and frameworks for strategic planning and management of agribusiness firms

LO3.

Formulate strategic plans for agribusinesses.

Assessment

Assessment summary

Category Assessment task Weight Due date
Presentation Strategic plan proposal - presentation
  • In-person
  • Online
15%

21/08/2024 4:00 pm

Students will present the proposal during class hours in week 5; the presentation schedule will be announced in the Blackboard.

Paper/ Report/ Annotation Strategic plan - Report 35%

21/10/2024 4:00 pm

Examination Final Exam
  • Hurdle
50%

End of Semester Exam Period

2/11/2024 - 16/11/2024

A hurdle is an assessment requirement that must be satisfied in order to receive a specific grade for the course. Check the assessment details for more information about hurdle requirements.

Assessment details

Strategic plan proposal - presentation

  • In-person
  • Online
Mode
Oral
Category
Presentation
Weight
15%
Due date

21/08/2024 4:00 pm

Students will present the proposal during class hours in week 5; the presentation schedule will be announced in the Blackboard.

Task description

This is an individual assignment (worth 15%). It requires students to identify and research an Australian agribusiness and present a strategic plan proposal for the agribusiness through an in-class presentation (3 minutes); this will be on campus for In Person students and online via Zoom for External students.

Submission guidelines

You must submit your assessment item in Blackboard by the submission deadline. You should also retain an electronic copy of every piece of assessment you submit. Legal Declaration: By submitting your work via this website, you formally declare that (1) it is your own original work, and no part of the work has been copied from any other source or person except where due acknowledgment is made; (2) no part of the work has been previously submitted for assessment in this or any other institution; and (3) you have read the UQ Academic Integrity and Plagiarism Policy (http://ppl.app.uq.edu.au/content/3.60.04-student-integrity-and-misconduct) and understand its implications.

Deferral or extension

You may be able to apply for an extension.

The maximum extension allowed is 7 days. Extensions are given in multiples of 24 hours.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Slide submission and/or oral presentation after the deadline without an approved extension would be treated as a late submission.

Strategic plan - Report

Mode
Written
Category
Paper/ Report/ Annotation
Weight
35%
Due date

21/10/2024 4:00 pm

Task description

This is an individual task (worth 35%). This assignment requires students to develop a strategic plan for an Australian agribusiness selected by themselves. The task involves analysing the existing strategy landscape, formulating a strategic plan, and communicating the plan in the form of a written report, with the aim of shifting the agribusiness's strategic orientation from the red ocean to the blue ocean strategy. A detailed description of the task will be available on the course Blackboard.

This task has been designed to be challenging, authentic and complex. Whilst students may use AI technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance. 

A failure to reference AI use may constitute student misconduct under the Student Code of Conduct. 

To pass this assessment, students will be required to demonstrate detailed comprehension of their written submission independent of AI tools. 

 

Submission guidelines

You must submit your Assessment task, in Blackboard, via the Turnitin link by the submission deadline. You should also retain an electronic copy of every piece of assessment you submit. Legal Declaration: By submitting your work via this website, you formally declare that (1) it is your own original work, and no part of the work has been copied from any other source or person except where due acknowledgement is made; (2) no part of the work has been previously submitted for assessment in this or any other institution; and (3) you have read the UQ Academic Integrity and Plagiarism Policy (http://ppl.app.uq.edu.au/content/3.60.04-student-integrity-and-misconduct) and understand its implications.

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Final Exam

  • Hurdle
Mode
Written
Category
Examination
Weight
50%
Due date

End of Semester Exam Period

2/11/2024 - 16/11/2024

Task description

The final exam will assess students' understanding of the theoretical knowledge on strategy and competitiveness and its application to agribusiness firms. 

The exam will be an on-campus exam. Have your UQ student ID card available for all your exams.


Hurdle requirements

Students must pass the end of semester exam in order to pass the course. If a student obtains an overall percentage greater than the cut-offs set to achieve a 4 or higher for the course based on marks from a combination of progressive assessment and the final exam and the student does NOT score a passing grade in the final exam, they are unable to achieve a grade higher than a 3 (failing grade) for the course.

Exam details

Planning time 10 minutes
Duration 120 minutes
Calculator options

(In person) Casio FX82 series or UQ approved , labelled calculator only

Open/closed book Closed Book examination - no written materials permitted
Exam platform Paper based
Invigilation

Invigilated in person

Submission guidelines

Deferral or extension

You may be able to defer this exam.

Course grading

Full criteria for each grade is available in the Assessment Procedure.

Grade Description
1 (Low Fail)

Absence of evidence of achievement of course learning outcomes.

Course grade description: 0 - 34%

2 (Fail)

Minimal evidence of achievement of course learning outcomes.

Course grade description: 35% - 46%

3 (Marginal Fail)

Demonstrated evidence of developing achievement of course learning outcomes

Course grade description: 47% - 49%

4 (Pass)

Demonstrated evidence of functional achievement of course learning outcomes.

Course grade description: 50% - 64%

5 (Credit)

Demonstrated evidence of proficient achievement of course learning outcomes.

Course grade description: 65% - 74%

6 (Distinction)

Demonstrated evidence of advanced achievement of course learning outcomes.

Course grade description: 75% - 84%

7 (High Distinction)

Demonstrated evidence of exceptional achievement of course learning outcomes.

Course grade description: 85% - 100%

Additional course grading information

Course Grading Rules and Assessment Hurdles

Grades 4 – 7 -ᅠTo achieve a grade 4 or higher for this course you must achieve a cumulative mark for all assessment greater than 50% and a passing mark in the end of semester exam.ᅠ

If a student obtains an overall percentage greater than the cut-offs set to achieve a 4 or higher for the course based on marks from a combination of progressive assessment and the final exam and the student does NOT score a passing mark in the final exam, they are unable to achieve a grade higher than a 3 (failing grade) for the course.

Supplementary assessment

Supplementary assessment is available for this course.

Additional assessment information

TurnItIn Assignments

TurnItIn Assignments that are required to be submitted through TurnItIn, must only be uploaded to the assessment specific Turnitin link on the relevant course Blackboard site.ᅠIf you submit any version of your assessment item to any alternative Turnitin link, this is considered cheating and you will be held liable for this action.

Please note the following when writing your assignmentsᅠ

You must not re-use past work from previous assessments in your assignments.ᅠ

Results

Unless specifically indicated by the lecturer involved, every attempt will be made to have the results for progressive assessment tasks available within 3 weeks of submission. For items of assessment submitted in the last 2 weeks of the semester, the results will be available before the day of your end of semester examination in the course, unless otherwise indicated by the Course Coordinator. Results and feedback availability for progressive assessment will be announced via the course Blackboard site.ᅠ

Re-mark Applications -ᅠᅠrefer to the ᅠUniversity's Re-mark Policyᅠto check on your eligibility.

Before applying for a remarkᅠstudents should consider the following:

  • You have consulted the course coordinator for feedback
  • Your academic grounds for remark have been discussed and are valid
  • Wanting a higher grade is not grounds for a remark. A remark can decrease your grade.

Remark applications will not be considered without first having contacted your course Co-ordinator.

Deferred and Supplementary assessment (including Deferred Mid-Semester Examinations)

Deferred and Supplementary information can be located on the my.UQ website

Learning resources

You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.

Library resources

Find the required and recommended resources for this course on the UQ Library website.

Other course materials

If we've listed something under further requirement, you'll need to provide your own.

Required

Item Description Further Requirement
AGRC3023 course blackboard site http://learn.uq.edu.au

Learning activities

The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.

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Learning period Activity type Topic
Week 1
Lecture

Course Introduction and overview

Week 2
Lecture

Perspectives on strategy - General Competitive Strategy (GCS) vis-a-vis Blue Ocean Strategy (BOS)

Tutorial

Strategy Analysis - GCS : Review and reflection

Week 3
Case-based learning

Application of blue ocean strategy by Australian agribusiness: case introduction

Case-based learning

Case study discussion

Week 4
Lecture

Strategy analysis: Tools and framework -I (with a focus on Red Ocean Strategy)

Tutorial

Analysis of red ocean strategic landscape

Week 5
Seminar

Strategic plan - proposal presentation

Students' strategic plan presentation during lecture and tutorial hours.

Week 6
Lecture

Strategy analysis: Tools and framework -II (with a focus on Blue Ocean Strategy)

Tutorial

Application of blue ocean strategic tools and framework

Week 7
Lecture

Strategic plan - mission, vision and objectives

Tutorial

Strategic planning process and strategic plan (Agribusiness focus)

Week 8
Lecture

Balance scorecard - measures that operationalise strategy

Tutorial

Balance scorecard - Metrics and indicators for the selected agribusiness

Week 9
Lecture

Strategic foresight and scenarios

Guest Presentation

Tutorial

Strategic foresighting exercise

Week 10

(30 Sep - 06 Oct)

Lecture

Strategy and agrifood competitiveness

Tutorial

Strategic foresighting (contd..) and agrifood competitiveness

Week 11
Lecture

Agribusiness competitiveness: Australian Perspective

Tutorial

Measuring competitiveness of agrifood industry

Week 12
Lecture

Agribusiness competitiveness: Developing country Perspective

Tutorial

Measuring agribusiness competitiveness

Week 13
Lecture

Course Recap

Tutorial

Preparing for final exam

Additional learning activity information

Learning resources will regularly be reviewed, and updated or additional resources will be made available under relevant weekly learning folder.

Policies and procedures

University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:

Learn more about UQ policies on my.UQ and the Policy and Procedure Library.