Courses & Units
Global Trends and New Market Opportunities KLA506
Introduction
This unit examines the relevance and influence of international political, economic, and regulatory trends on agribusinesses, how trade agreements effect export opportunities, and how to mitigate risks when engaging with international agricultural markets. You will learn how to plan your business to take advantage of opportunities that arise due to globalisation, while mitigating related challenges and risks, such as competing with international businesses, engaging with relevant government and non-government authorities, and complying with international trade practices and regulations. You will incorporate relevant actions and planning into your business plan.
This unit’s content will introduce you to:
1. Exporting Australian products.
2. Market access and trade agreements.
3. Market entry strategy.
4. Foreign cultures and customs.
5. Current trends in global markets and food consumption.
6. Creating a sustainable competitive advantage
In conjunction with the discipline theory, this unit fosters learning through practice and its application to specific business settings. The content of this unit and other units undertaken in this course will support the development of a personal and business portfolio.
Summary
| Unit name | Global Trends and New Market Opportunities |
|---|---|
| Unit code | KLA506 |
| Credit points | 12.5 |
| College/School | College of Sciences and Engineering Tasmanian Institute of Agriculture |
| Discipline | Agriculture and Food Systems |
| Coordinator | Doctor Alexander Malherbe |
| Delivered By | University of Tasmania |
Availability
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Launceston | Half Year Period 1 | Off-Campus | International | Domestic | |
| Launceston | Half Year Period 2 | Off-Campus | International | Domestic | |
Key
- On-campus
- Off-Campus
- International students
- Domestic students
Key Dates
| Study Period | Start date | Census date | WW date | End date |
|---|---|---|---|---|
| Half Year Period 1 | 28/2/2022 | 7/3/2022 | 16/3/2022 | 1/4/2022 |
| Half Year Period 2 | 15/8/2022 | 22/8/2022 | 31/8/2022 | 16/9/2022 |
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (refer to How do I withdraw from a unit? for more information).
Unit census dates currently displaying for 2022 are indicative and subject to change. Finalised census dates for 2022 will be available from the 1st October 2021. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
Learning Outcomes
- Describe global trade concepts and trends for an agricultural or horticultural product
- Identify export and import opportunities and threats, and describe the implications for an agricultural or horticultural industry or product
- Discuss the advantage and disadvantages of international investments into Australian agricultural or horticultural industries
- Evaluate a strategic export plan considering consumer trends, trade agreements and local culture and customs
Fee Information
| Field of Education | Commencing Student Contribution 1,3 | Grandfathered Student Contribution 1,3 | Approved Pathway Course Student Contribution 2,3 | Domestic Full Fee 4 |
|---|---|---|---|---|
| 050101 | $498.00 | $498.00 | not applicable | $2,783.00 |
1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.
If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.
Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.
Teaching
| Assessment | Assignment (50%)|Assignment (30%)|Assignment (20%) |
|---|---|
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
Required readings will be listed in the unit outline prior to the start of classes. |
Links | Booktopia textbook finder |
|---|
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.