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Farm Agribusiness Business Management 2025 A

The Farm and Agribusiness Business Management Career Development Event aims to enhance participants' business management skills through competition, focusing on critical thinking and problem-solving. Teams of three or four members will analyze business information, apply economic principles, and evaluate decisions, with scoring based on an objective test and experiential learning game. Awards include a $100 scholarship for the highest scoring senior enrolling in Agricultural Economics at Oklahoma State University.

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9 views2 pages

Farm Agribusiness Business Management 2025 A

The Farm and Agribusiness Business Management Career Development Event aims to enhance participants' business management skills through competition, focusing on critical thinking and problem-solving. Teams of three or four members will analyze business information, apply economic principles, and evaluate decisions, with scoring based on an objective test and experiential learning game. Awards include a $100 scholarship for the highest scoring senior enrolling in Agricultural Economics at Oklahoma State University.

Uploaded by

mustefaabdi467
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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OK CDE 2025

FARM AND AGRIBUSINESS BUSINESS MANAGEMENT


3-4 Member Team

IMPORTANT NOTE
Please thoroughly read the General CDE Rules Section at the beginning of this handbook for
complete rules and procedures that are relevant to State FFA Career Development Events.

I. PURPOSE
The Farm and Agribusiness Business Management Career Development Event
provides competition that fosters information assimilation, critical thinking and
problem-solving skills necessary for successful business management. The skills
learned in this event can be used to successfully manage a farm, pursue agricultural
business careers and can be applied to personal financial management. The Farm and
Agribusiness Business Management Career Development Event enhances and
encourages opportunities for all participants to receive instruction that develops
business management skills.

II. OBJECTIVES
A. Analyze business management information.
B. Apply economic principles and concepts of business management to the
decision-making process.
C. Evaluate business management decisions.
D. Work together cooperatively as a group.

III. EVENT RULES


A. Additional notes, books, or paper will not be allowed in the contest room.
B. The contest will be scored by grading the objective test and adding the
participation points from the experiential part of the contest.
C. Participation points will be earned only if students start and complete the
experiential part of the contest.

IV. EVENT FORMAT


A. Team Make-Up
1. One agricultural economics team composed of three or four members
may be entered by each school.
2. No individual contestants will be allowed to register.
3. The three contestants with the highest scores will be considered official
contestants for the team score.
B. Equipment
1. Contestants will be allowed to have a personal battery-operated calculator
with them during the contest.
2. Scratch paper will be provided as needed.
3. Students should provide their own #2 pencils.
C. Event Schedule
1. Objective Test— 60 minutes
a. The objective test covers the recommended curriculum (60 questions worth 5
OK CDE 2025

points each).
b. The questions in this part of the contest will consist of objective
questions based on that part of the curriculum that relates to
Agricultural Economics.
c. This section will be limited to the topics included in the regular
Agricultural Education Curriculum Guides One through Four only.
d. The material to be included will be reevaluated as new curriculum is
recommended for use by State Department of Agricultural Education.
e. The objective questions in this section will be based on understanding and
application of those economic principles included in the recommended
curriculum as applied to agriculture.
f. A packet of previous tests with answer keys is available for
download at the web address shown below in references.
2. Experiential Learning Game
a. The final part of the contest is an experiential learning game. Points are
awarded for participating.
b. The purpose of the learning game is to teach economic concepts in an
interactive game.
c. No preparation is necessary.

V. SCORING
Objective ......................................300
Experiential Learning Game ........100
Total Points ..................................400

VI. TIEBREAKERS
If a tie occurs, they are broken using pre-selected questions from the objective exam.
The first person found to have incorrectly answered a pre-selected tiebreaker, loses the
tie.

VII. AWARDS
The Aggie-X Club presents a $100 scholarship to the highest scoring senior in this
contest if that senior enrolls in Agricultural Economics at Oklahoma State
University.

VIII. REFERENCES
• OSU Fact Sheet # F-790 -- Evaluating Financial Performance and Position To
access Fact Sheet go to the following website address:
https://extension.okstate.edu/fact-sheets/evaluating-financial-performance- and-
position.html.

IX. SUPPLEMENTAL MATERIALS AND FORMS


• Scansheet: CDE #105481
• FBM Supplement

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