XBR211 FROM BUGS TO BUCKS: THE BUSINESS OF FERMENTED FOOD AND DRINK - Tasmanian School of Business and Economics
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Tasmanian School of Business and Economics Tasmanian Institute of Agriculture XBR211 FROM BUGS TO BUCKS: THE BUSINESS OF FERMENTED FOOD AND DRINK Spring School (extended) 2018 Unit Outline Dr Gemma Lewis (Unit Coordinator) CRICOS Provider Code: 00586B
CONTACT DETAILS Unit coordinator Unit coordinator: Dr Gemma Lewis (TSBE) Campus: Newnham (Launceston) Email: Gemma.Lewis@utas.edu.au Phone: +61 3 6324 3932 Room location and number: A Block, Level 2, Room 268, Newnham Campus Consultation hours: By appointment © The University of Tasmania 2018
Other teaching staff Lecturer: Dr Joanna Jones (TIA) Campus: Sandy Bay Email: Joanna.Jones@utas.edu.au Phone: +61 3 6226 2557 Room location and number: Room 301, Life Sciences Building, Sandy Bay Campus Consultation hours: By appointment Lecturer: Dr Simone Bingham (TSBE) Campus: Sandy Bay Email: Simone.Bingham@utas.edu.au Phone: +61 3 6226 2314 Room location and number: Room 325, Centenary Building, Sandy Bay Campus Consultation hours: By appointment Lecturer: Dr Roger Latham (TIA) Campus: Sandy Bay Email: Roger.Latham@utas.edu.au Lecturer: Dr Sophie Ross (TSBE) Campus: Sandy Bay Email: Sophie.Ross@utas.edu.au © The University of Tasmania 2018
CONTENTS WHAT IS THE UNIT ABOUT? 5 UNIT DESCRIPTION 5 INTENDED LEARNING OUTCOMES 5 HOW WILL I BE ASSESSED? 6 ASSESSMENT SCHEDULE 6 ASSESSMENT DETAILS 6 WHAT LEARNING OPPORTUNITIES ARE THERE? 12 RESOURCES 12 ACTIVITIES 13 UNIT SCHEDULE 15 ACCREDITATION 16 AACSB ACCREDITATION 16 Page 4 XBR211 From Bugs to Bucks
NOTICE This Unit Outline refers to the Unit Outline Essential Information resource which includes information, policies and requirements relevant to this unit. You must read the Essential Information resource as it is considered part of this Unit Outline. WHAT IS THE UNIT ABOUT? Unit description Tasmania has a growing reputation as a gourmet paradise, with high quality primary products and a growing fermented food and drink industry. In this unit, students will learn about the full production life cycle for fermented food and drink, from growing raw materials and fermentation basics, through to the packaging, labelling, distribution and marketing of final products. Development of more fermentation businesses in Tasmania may offer an alternative to current wicked problems of high regional unemployment, an economy reliant on extraction, high agricultural food waste, and over-reliance on State-based employment (Tasmania: The Tipping Point, 2013). While staff from the Tasmanian Institute of Agriculture and the Tasmanian School of Business & Economics drive this breadth unit, expert input and content has been sourced across a range of fermentation industries, so students will have access to a diverse range of online materials. Assessment is 100% internal (i.e., no exam) and structured to encourage you to actively engage with ideas and issues and learn collaboratively with and through your peers. Intended Learning Outcomes On completion of this unit, you will be able to: 1. Identify and explain the health-related effects associated with consumption of fermented foods and drinks. 2. Identify and explain the microbiological and chemical changes in fermented foods and drinks. 3. Analyse and explain the value proposition of a fermented food or drink product. 4. Develop a business model for a fermented food and drink product, which incorporates analysis of the product's value chain and relevant food safety standards and regulations. Page 5 XBR211 From Bugs to Bucks
HOW WILL I BE ASSESSED? Assessment schedule Assessment task Date due Percent Links to Intended weighting Learning Outcomes Sunday 18 Assessment Task 1: Online Quiz November 10% 1, 2 2018 11.59pm Sunday 9 Assessment Task 2: Portfolio December 35% 1, 2 2018 11.59pm Sunday 13 Assessment Task 3: Group January 2019 20% 3, 4 Presentation 11.59pm Sunday 20 Assessment Task 4: Business January 2019 35% 3, 4 Model Report 11.59pm Assessment details Assessment task 1 Online Quiz Task description This assessment task will test your understanding of literature concerning the underlying science of fermented foods and drinks. The main focus of which will be the chemical and microbiological changes in these products during manufacture, as well as the health-related effects associated with their consumption. You will complete an online quiz in MyLO by the due date, comprising of multiple-choice questions. This quiz is open book and open note but must be completed individually. Question and answer order will be randomised so no one quiz is exactly the same. Each student will have only one attempt at the quiz and must complete their quiz within the maximum time limit of 40 minutes. Criteria Measures Intended Learning Outcome: Criterion 1 Identify and explain the health-related 1 effects associated with consumption of fermented foods and drinks Page 6 XBR211 From Bugs to Bucks
Criterion 2 Identify and explain the chemical changes 2 in fermented food and drinks Criterion 3 Identify and explain the microbiological 2 changes in fermented food and drinks Task length 20 Multiple choice questions, maximum 40 minutes to complete quiz, only one attempt Due by date 11.59pm Sunday 18 November 2018 Assessment task 2 Portfolio Task description This assessment task comprises two parts. Part 1: Choose a commercial fermented food or drink product from a list provided in MyLO, and in a Word document you must describe the following. 1. The microbiological and chemical changes that occur during the manufacture of the product. 2. The steps in the manufacture of the product that ensure appropriate microbiological and chemical changes do occur, and the product is safe for human consumption. 3. The health-related effects of consuming the product. Note: For Part 1, students must locate and use a minimum of 5 relevant and reliable sources of scientific literature, and reference these correctly in-text, and provide a reference list. Please use headings in your write-up, and page numbers. The word limit for Part 1 is 1500 words, +/-10%. Please note: Students may use either the UTAS Harvard or APA referencing styles. Part 2: Next, you will apply the research and knowledge you have gained in Part 1. For Part 2, you will design, set up and assess your own experiment, in which you make a fermented product (this should be the same product you have researched for part 1). A report template will be provided in MyLO, and you must use this template to document and explain the process you have followed, and the observations you have made. This template provides word limits for each section. There is no requirement for references in Part 2. The information and instructions you Page 7 XBR211 From Bugs to Bucks
need to complete part 2 will be shared during the intensive week, and in MyLO. Criteria Measures Intended Learning Outcome: Criterion 1 Identify and explain the health-related 1, 2 effects associated with consumption of fermented foods and drinks Criterion 2 Identify and explain the chemical and 1, 2 microbiological changes in fermented food and drinks Criterion 3 Gather information from relevant sources 1, 2 and acknowledge appropriately Criterion 4 Design a relevant experiment 1, 2 Criterion 5 Explain the observed changes that occur 1, 2 during the fermentation process Task length Part 1: 1500 words +/- 10%; Part 2: Word limit in template provided Due by date 11.59pm Sunday 9 December 2018 Assessment task 3 Group Presentation Task description This assignment commences the group-work component of this unit. Around week 4 of the semester, you will be organised into groups of 3-4 students, based on your interest in a fermented food or drink product category (individuals will nominate their interest via a Survey in MyLO during Weeks 1 and 2). Working in groups, you will analyse and explain the value proposition of a new fermented food or drink product. First, groups will devise their own idea for a new product, from within the category they are interested in. Groups are then to record a presentation that: 1. Describes the product (e.g. what it is, how it is manufactured) 2. Identifies between 2-5 products that your new product will compete with (Note: to do this the group must do some basic ‘market’ research of the food or drink category their product fits into) 3. Compare and contrast two possible customer segments for your new product, being sure to describe the key characteristics of each segment Page 8 XBR211 From Bugs to Bucks
4. Using the value proposition canvas (available in MyLO), outline what jobs, pains and gains are experienced by each customer segment; AND explain how your new product relieves each customer segments’ pains and create gains. Note: your presentation must contain two (2) value proposition canvases – one for each customer segment. 5. Explains the mix of elements (e.g. newness, performance, customisation, design, price etc.) that enable your new product to create and capture value for your choice of customer segment, and meet their needs Groups are encouraged to use technology such as web rooms, live chats, online discussion boards, Facebook groups etc. to meet, and work on their presentation. Presentations must be submitted in a common file format that can be uploaded to MyLO and viewed by the teaching team. This could be, for example, a narrated PowerPoint file, or a presentation recorded in Blackboard Collaborate, and then downloaded as an mp4. Further instructions and advice for recording a collaborative presentation and uploading this in a reasonable and common format will be provided in MyLO. If your presentation exceeds 100-200MB in file size then you will need to compress this before submission. IMPORTANT: Students must have made contact with their groups by 11.59pm Monday 10 December, or they will be removed from the group. Criteria Measures Intended Learning Outcome: Criterion 1 Work in groups to devise an idea for a new 3, 4 fermented food or drink product Criterion 2 Undertake basic market research related to 3, 4 a new fermented food or drink product Criterion 3 Analyse possible customer segments for a 3, 4 new fermented food or drink product Criterion 4 Analyse and explain the value proposition 3, 4 for a new fermented food or drink product Criterion 5 Communicate verbally and in writing, with 3, 4 visual aids Task length 10 to 12-minute recorded presentation; maximum 10 slides (if using PowerPoint) Due by date 11.59pm Sunday 13 January 2019 Page 9 XBR211 From Bugs to Bucks
Assessment task 4 Business Model Report Task description In the final assignment for the unit, students will develop and then report on the business model for a new fermented food or drink product (Note: this should be the same product you came up with for AT3). This assignment has two parts, one of which (Part 1) is to be completed by the group and submitted separately in MyLO. Part 1 – Value chain analysis (15%) Working in the same groups as Assessment Task 3, students will write a short report (1000 words +/-10%) that: 1. Describes the different value chain activities that occur to produce and sell your new fermented food or drink product; 2. Explains how relevant food and drink safety standards and regulations impact on the manufacture, marketing (e.g. packaging, advertising) and sale of your new product. Note: For Part 1, groups must locate and use a minimum of 5 reliable sources, and reference these correctly in-text and provide a reference list. Please note: Students may use either the UTAS Harvard or APA referencing styles. Further detail regarding the report structure will be provided in MyLO. Part 1 should be submitted as a separate document in MyLO. It is a group assignment, and hence just one copy of the report is required to be submitted to the group’s assignment folder. One member of the group must be responsible for doing this by the due date. Part 2 – Explanation of the business model (20%) For Part 2, groups will allocate two building blocks of the Business Model Canvas to each group member. Note: the value proposition (VP) building block was addressed by the group in Assessment Task 3, therefore VP will not be allocated to an individual group member in Part 2 of this assessment task. Once each group member has their two building blocks, you will individually compile a separate written report that: 1. Explains the logic behind each building block you have been allocated (e.g. what key resources (KR) are required and why) (600 words in total; 300 words each block); and Page 10 XBR211 From Bugs to Bucks
2. How each building block you have been allocated will be implemented (e.g. how KR will be acquired and used) (600 words in total; 300 words each block). At the end of the report, you will write a short summary (300 words in total) of how the two building blocks you were allocated would enable your business to create, deliver and capture value. IMPORTANT: Part 2 is an individual assignment, and hence must be submitted as a separate word document in MyLO, to an individual assignment folder. Also, you explain your two allocated building blocks in reference to just one (1) of the customer segments your group profiled for AT3. If you have been allocated the Customer Segment building block by your group, then your Part 2 report must contain a detailed analysis of one (1) customer segment. There are no minimum number of sources required for Part 2. however, if you do use theoretical or practical information from another source, these sources must be acknowledged correctly in-text, and in a reference list at the end of your report. Students are not obliged to share their Part 2 explanations of building blocks with their group members prior to submission, although we encourage groups to have conversations about their overall business model and give peer feedback. Further information and guidance for this assessment task will be provided in MyLO. Criteria Measures Intended Learning Outcome: Criterion 1 Work in groups to analyse a value chain 3, 4 for a new fermented food or drink product Criterion 2 Work in groups to explain how relevant 4 food and drink safety standards and regulations impact on the manufacture, marketing and sale of a new fermented food or drink product Criterion 3 Work individually to develop two blocks 4 for a business model for a new fermented food or drink product Criterion 4 Communicate in writing and use and 3, 4 acknowledge reliable sources appropriately. Page 11 XBR211 From Bugs to Bucks
Task length Part 1 (Group report) 1000 words +/- 10% Part 2 (Individual report) 1500 words +/- 10% Due by date Both reports are due 11.59pm Sunday 20 January 2019 Note: Part 1 must be submitted to the group AT4 folder in MyLO. Part 2 must be submitted to the individual AT4 folder in MyLO WHAT LEARNING OPPORTUNITIES ARE THERE? Resources Required readings This unit does not have a prescribed text. Instead, students will be required to read a selection of scholarly or practitioner-based articles/sources as per the instructions and weekly content in MyLO. Recommended readings The following textbooks are recommended reading and can be accessed and borrowed from the University of Tasmania Library. There are also a number of other books and eBooks available via the UTAS Library Catalogue, by searching for key words such as ‘fermentation’, ‘marketing’, ‘business model’. Katz, SE 2012, The art of fermentation: an in-depth exploration of essential concepts and processes from around the world, Chelsea Green Publishing, Vermont, USA. Osterwalder, A & Pigneur, Y 2010, Business model generation, John Wiley & Sons, New Jersey USA. (available as an eBook from the UTAS library) Reading Lists Reading Lists provide direct access to all material on unit reading lists in one place. This includes eReadings and items in Reserve. You can access the Reading List for this unit from the link in MyLO, or by going to the Reading Lists page on the University Library website. Equipment, materials, software, accounts During the course of XBR211, you will be required to make a fermented product. As such, you will require access to a domestic kitchen, along with appropriate equipment for making the chosen product. More information and instructions will be provided in MyLO, and during the intensive week. Page 12 XBR211 From Bugs to Bucks
Activities Details of teaching arrangements XBR211 uses a blended-delivery model. A large portion of the content is delivered online via MyLO, and hence all students (including those enrolled in the on-campus mode) will be required to take responsibility for their own learning, and time management. Getting started and learning the basics (weeks 1 -3) The unit will commence Monday 29 October (Week 1 extended Spring Semester). Students will need to access MyLO from the beginning of this week and are encouraged to get started with learning the basics about fermented food and drink products, what they are, how fermentation occurs, what steps are involved in the manufacture and production of these products, and the health-related effects they create. The first assessment task is due at the end of Week 3; hence students will be expected to have engaged in MyLO and undertaken a series of pre-recorded lectures, readings etc. before they complete this assessment task. Intensive week (week 4) From midday Monday 19 November, an intensive week of learning and teaching will take place on the Sandy Bay campus. During this week students will participate in lectures, workshops, laboratory exercises, field trips and industry forums. More detail regarding the teaching arrangements for the intensive week will be available in MyLO. Students must confirm their attendance of this week in advance, so arrangements can be made for the off-campus exercises. All students including those enrolled in the Distance or off-campus mode, are invited and encouraged to attend the intensive week. If you are unable to attend the intensive week (note: it is not compulsory), recordings of the learning and teaching activities will be provided via MyLO and MyMedia. We will also offer live-streaming within sessions where possible, so remote and distance students can participate in real-time. More details on these options will be provided in MyLO. Field trip during intensive week During the intensive week, students will participate in a field-trip off campus. Prior to participating in this activity, students will be required to complete and submit a Medical Disclosure and Authorisation Form, which will be provided via MyLO. And, where the appropriate safety equipment is available, use it appropriately. A minimum set of safety standards required in field work will also be made available in MyLO. We encourage all students planning to attend the intensive week and field trip to ensure they can meet these standards. Page 13 XBR211 From Bugs to Bucks
After the intensive week (week 5 onwards) After the intensive week, students will resume self-directed and online learning via MyLO. The second assessment task is due at the end of week 6. The remainder of the unit will also involve group work; hence students need to be available to meet and collaborate with other students in their group either in-person, or via online technology, such as Discussion boards, web conferencing, shared document pages etc. IMPORTANT: The University will be closed from 5pm Friday 21 December 2018 to 9am Tuesday 2 January 2019 for the Christmas/New Year period. No members of the teaching team will be available (or checking email and MyLO) during this period. Students are encouraged to resume their learning individually and in groups from Tuesday 2 January 2019, but no later than Monday 7 January, as Assessment Task 3 is due Sunday 13 January. The final assessment task is due Sunday 20 January. Once students have submitted this assessment, they have reached the end of this unit. Specific attendance/performance requirements All students are encouraged to attend the intensive week on Sandy Bay campus (if possible), but this is not compulsory. Arrangements have been made to ensure the learning and teaching provided during this week will be recorded and/or live streamed for students unable to attend, so they are not disadvantaged. All students will be required to make an introductory discussion post in MyLO during Week 1, and definitely by no later than the end of Week 2. In this post, students will be asked to share why they are interested in fermented food or drinks, and indicate if they will be attending the intensive week in Week 4. In this unit, your active engagement will be monitored in the following way: 1. Regular and consistent MyLO access 2. Completion of assessment tasks If you do not demonstrate evidence of having engaged actively with this unit by the end of Week 3, your enrolment may be cancelled, or you may be withdrawn from the unit. Please note Census Date for this unit is Wednesday, 21 November 2018. Page 14 XBR211 From Bugs to Bucks
Unit schedule WEEK DATE TOPIC/ ACTIVITIES RESOURCES/ BEGINNING MODULE/ FOCUS READINGS/ AREA FURTHER INFORMATION 1 29 October Introduction to Pre-recorded lectures; readings and the Unit; self-directed activities in MyLO Fermentation Introduce yourself to the teaching science and team and your peers via Discussion manufacture of board post products 2 5 November Fermentation Pre-recorded lectures; readings and Note: Monday 5 science and self-directed activities in MyLO November is a manufacture of public holiday in Complete survey nominating product products Tasmania category interest for AT3 and AT4 3 12 November Health-related Pre-recorded lectures; readings and Assessment Task 1 effects self-directed activities in MyLO Online Quiz closes 11.59pm Sunday 18 Preparation for attending intensive November week next week (if applicable) 4 19 November Fermentation Intensive (F2F) week in Hobart Form groups for experiments AT3 and AT4 Sessions will be recorded, or available Integrating with for live-streaming for students unable industry to attend 5 26 November Value chains and Pre-recorded lectures; readings and market research self-directed activities in MyLO 6 3 December Food safety Pre-recorded lectures; readings and Assessment Task 2 standards and self-directed activities in MyLO Portfolio Due regulations Sunday 9 December 7 10 December Customer Pre-recorded lectures; readings and segments and self-directed activities in MyLO value propositions 8 17 December Developing a Pre-recorded lectures; readings and business model self-directed activities in MyLO Christmas/New Year break – please note the University will be closed from 5pm Friday 21 December to 9am Tuesday 2 of January 9 7 January n/a Time dedicated to working individually Assessment Task 3 and resuming work in groups on Group Presentation Assessment Task 3 and 4 due Sunday 13 January Page 15 XBR211 From Bugs to Bucks
10 14 January n/a Time dedicated to working individually Assessment Task 4 and resuming work in groups on Business model Assessment Task 3 and 4 report due Sunday 20 January Please note there is no exam in this unit. Once students have submitted their final assessment task (Assessment Task 4) they have officially reached the end of learning and teaching in this unit. Results for Spring School Extended units will be released Wednesday 20 February2019. ACCREDITATION AACSB Accreditation The Tasmanian School of Business and Economics (TSBE) is currently in the process of applying for business accreditation with the Association to Advance Collegiate Schools of Business (AACSB) – the lead program for accrediting business schools globally. AACSB seeks to connect educators, students, and business to achieve a common goal – to create the next generation of business leaders. By joining AACSB and going through the accreditation process, TSBE is joining a global alliance committed to improve the quality of business education around the world, and to share the latest innovations in business education. Gaining Business Accreditation with AACSB is a multi-year process involving TSBE demonstrating our performance against the 15 accreditation standards. Once complete, TSBE will join a select community of accredited business schools, with only 7% of all business schools globally having completed the AACSB process. This will further enhance the reputation of TSBE, and further enhance the global recognition of your qualifications. To find out more about AACSB click here. Page 16 XBR211 From Bugs to Bucks
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