Records in the Biotechnology Industry

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Records in the Biotechnology Industry. Unit B: SAE. planning, implementing, operating and assuming financial risks in an agricultural business or farming activity such as creating and selling plant hybrids or breeding livestock for show / sale. Entrepreneurship. - PowerPoint PPT Presentation

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Records in the Biotechnology Industry

Unit B: SAE

Entrepreneurshipplanning, implementing, operating

and assuming financial risks in an agricultural business or farming activity ◦such as creating and selling plant hybrids or breeding livestock for show / sale.

Experimentalplanning and conducting an

agricultural experiment using the scientific process or scientific method◦such as comparing different levels or protein on animal growth

Analyticalidentify an agricultural problem that

cannot be solved by experiments and design a plan to investigate and analyze the problem◦such as a marketing display.

Placementplacing students in jobs outside the

regular classroom hours and may by paid or unpaid work ◦such as working at a seed company, or animal research facility.

Exploratoryhelps students learn about

agriculture and become aware of possible agricultural careers through short times spent observing,◦shadowing or helping an individual in the field.

◦Career days can also be an example.

Improvementa series of activities that improves

the value or appearance of the place of employment, school, home or community; the efficiency of a business or an enterprise; or the living conditions of the family.◦Examples include building a fence, computerizing records, remodeling a building or repairing a propagation bench.

Supplementary Performing one specific agricultural skill

outside of normal class time. This skill is not related to the major SAE but is

normally taught in an agricultural program; involves experiential learning and contributes to the development of agricultural skills and knowledge on the part of the student.

The activity is accomplished in less than a day and does not require a series of steps ◦ such as pruning a tree, staking tomatoes or

changing oil.

Records in the Biotechnology Industry

Unit B: SAE Terms

Enterprisetype of enterpriseamount bought or soldExpensesIncomeefficiency factors, etc.

Experimentalreview of literatureHypothesisdata logFindingsrecommendations, etc.

Analyticaltitle of activityidentification of problembackground informationsteps to solve problemproject log of what was doneresults and recommendations.

Placementtraining agreement signed by

student, teacher, employer and parent or guardian stating which each will do

record of workhours income.

ExploratoryDateActivityobservation and commentshours.

Improvementdate starteddate completedimprovement activitysteps or tasks involved in the project,

hourscosts

SupplementaryDatesupplementary activities and

commentshours

Records in the Biotechnology Industry

Unit B: Steps in an Experiment

6 Steps in the Scientific Method1. Stating the Problem2. Form Hypothesis3. Research4. Conduct Experiment5. Results6. Conclusion

Stating the Problemdefines the topic of the experiment,

and discusses the importance and applicability of the issue.

Formulate a Hypothesisoften called an educated guess,

better defined as the use of research to predict the result(s) of the experiment.

Researcha two part deal, researcher conducts

a literature review to determine if their experiment has already been done, and to find the best methods to conduct their experiment. ◦Materials list and experimental procedures should be produced at the end.

Conduct Experimentfollow the plan laid out in the

procedures◦be sure to KEEP CAREFUL RECORDS.

Resultscollect and analyze data, both

quantitative and qualitative. ◦Be sure to note both large changes and small details with differences between treatment groups.

Conclusionsummarize the research findings in

relation to the hypothesis and previous research.

Assess the impact of findings, including any issues or unexpected outcomes of the experiment… ◦Why does the work matter?

Records in the Biotechnology Industry

Unit B: Scientific Experiment Terms

ValidityAn experiment measures what the

researcher intended to do

ReliabilityThe results of an experiment can be

repeated

Treatment GroupTreated with different variations of

the independent variable

Control GroupGroup that serves as a norm and is

used for comparison (does not receive a treatment)

Independent VariableVariable the researcher changes

◦Amount of light in photosynthesis experiment

Dependent VariableVariable determined by the

effectiveness of the independent variable◦Amount of growth in photosynthesis experiment

Records in the Biotechnology Industry

Unit B: Net Worth Terms

AssetSomething tangible of value that a

person owns◦Current—items quickly converted to cash or that will be sold within 12 months—examples: cash, checking, savings, stock and nondepreciable inventory of lab supplies, perishables, etc.

◦Non-current—items that have a useful life of more than one year— examples: lab equipment, machinery, breeding livestock, etc.

LiabilityDebts

◦Current—debts that are due to be paid this year— examples: fertilizer and feed bills, lab equipment and building payments and part of mortgage due this year.

◦Non-current—debts not due this year examples: mortgages not including this year’s payment.

Net Worth Total Assets – Total Liabilities

InventoryAn itemized list of things owned by a

business with the beginning value and depreciated value.◦Non-depreciable—items that will be used up

or sold within a year— example: feed, supplies, etc.

◦Depreciable—items that have a useful life of more than one year and lose value because of age, wear or becoming out-of-date because of technology advancements. Land is NOT depreciable property.