AEM 2230 - Cooperative Business Management
Spring. 3 credits. Letter grades only.
Prerequisite: AEM 2200 ; AEM 1200 ; ILRID 1700 ; or permission of instructor
T. M. Schmit.
An evaluation of the fundamental principles, structure, finance, management and governance associated with the cooperative business model, with a focus on agricultural cooperatives. Analyses of the cooperative business organization within the modern economy are emphasized through a mix of lectures, guest speakers, case study discussions and, and experiential learning projects with cooperative businesses.
Outcome 1: Identify economic justifications for the cooperative as a business entity.
Outcome 2: Illustrate unique characteristics surrounding the governance, finance, and management of cooperative businesses.
Outcome 3: Analyze contemporary issues facing modern cooperatives with an emphasis on challenges and opportunities facing cooperatives that compete with investor-owned firms.
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