Tuesday, January 14, 2020
Organizational Performance Management Essay
Organizations across the board monitor performance in order to be profitable, and make their stakeholders happy, including healthcare organizations. The following paper will address similarities along with differences among three specific healthcare organizations; long-term care, VA hospitals, and community/public health systems. We will also discuss how each organization monitors performances, and how each organization achieves regulatory and accreditation compliance. Communication with leadership in order to align organizational goals, and compliance with regulations and development of risk and quality management systems will also be addressed. Long-term care, VA hospitals, and community/public health systems may be different in the patients that they treat, but overall they are fairly similar. The top priority of all three organizations is to care for their patients and stakeholders, and staff performance has to be top priority for the management team of any one of those three organizations. Long-term care usually requires more staff to care for the patients who are 65 or older, and in declining health therefore requiring a bigger management team usually consisting of a Director of Nursing, Assistant Director of Nursing, Registered Nurses, Licensed Practical Nurses, Certified Medication Aides, and Certified Nurse Assistants just for direct care to a patient. There is also the dietary department that makes meals for the patients, and if therapy is needed there are more people involved as well such as representatives for Medicare or Medicaid insurance since most elderly people are covered under one or both. Imagine having all of these people working for one patient, this is what happens in long-term care. Many people working as a unit to help individual patients. Most long-term care facilities are privately owned, and employ anywhere from a few people up to hundreds of people. The Department of Veterans Affairs (VA System), operates the largest health care system in the United States, and employs nearly 15,000 doctors and 61,000 nurses as of 2012. With such a large amount of employees it can be extremely difficult for the VA to have proper organizational management, and this in turn leads to poor performance, and is the reason for many of the problems that the VA System faces today. Community/public health systems have one main goal, and that is to ensure the overall healthy of the community. This can include diagnosing and investigating health problems or hazards, informing the community of those hazards or problems, enforce laws and regulations, and help those with low/no income find health care that the individual can afford. So rather than being an actual organization that is caring for individuals like long-term care facilities, or the VA system, the community/public health systems tries to take more of a preventative approach to health care. Long-term care, VA Hospitals as well as Community Public Health systems will monitor performance by following different steps the organizations come up with. First and Foremost everyone would come to the initial meeting to where they will discuss the performance process and come up with a plan together as a team. It will also allow for the employees to be monitored, which will be able to be reviewed. They will be monitored on the work that each employee is putting out and how they are contributing to the team and the organization. During the meeting we will come up with a plan: the plan will allow us to go over the job descriptions to determine what needs to be done as an individual as well as a team. The second objective would be to monitor the work of the employees and employers to make sure that they are doing the necessary steps that need to be done. We will also identify and barriers in which are keeping the employees from accomplishing the performance objectives and help them to achieve or overcome them. After monitoring the employers and employees we will then go into review which allows us to sit down and discuss the overall work in which they put out. Self-assessment will be given to the employees and employers to which they can grade themselves and assess how they have been doing in the organization throughout the year and how they can better themselves in the future wh ile working at the organization. However, the organizations achieve regulatory and accreditation compliance of each organization will help each organization by making sure that they are in compliance with up to date information and laws to better serve the patients and staff. For instance it will offer different services like Awareness, Education and Organization, which helps to create the awareness, obtain executive management commitments. It will also offer Assessment and Risk Analysis, Training, documentation and ongoing monitoring. By making sure each employee receiveà the necessary classes and training they will be successful in achieving the organizational performance in which is set by the organizational team. By improving the overall organizational performance different things can be done from appraising and rewarding the necessary employees that do go over and beyond for the organization. Also, by making sure everyone is doing the necessary jobs in which need to be done by following the plan in which is set regarding the organizations. Leadership is critical to any organization such as Long-term Care, VA Hospitals, and Community/Public Health Systems. Without the importance of leadership, there would not be success in any organizations. According to The Joint Commission, the quality and safety of care provided by the organizations depends on many factors such as: A culture that fosters safety and quality The planning and provision of services that meet the needs of patients The availability of resources such as: human, financial, physical, and information for providing care A sufficient number of competent staff and other care providers Ongoing evaluation and improvement of performances Accreditation is an assessment process for the organizations that defines standards of acceptable operations and performances. The standards that deal with the outcome and performance issues are considered to be the most important standards to promote the healthcare quality improvements. The ââ¬Å"Longtermcare.govâ⬠website states that long-term health care effects nearly 70% of people over the age of 65. With such a large portion of the population using this type of health care it is important that the risk and quality management systems that are put in place are in fact bettering the care these patients are received. Risk and quality management systems help to ensure that patients are taken care of and protected. Some ways that states are ensuring this protection is by screening and evaluations, risk assessments, communication, education and staff training (Selid & Galantowicz, 2005). The unfortunate reality is that long-term care facilities do not always follow the risk and quality management systems that are put in place. What is more unfortunate is that the population that is served by this type of health care often does not have the ability to do something about it. Public Health System Public health systems effects every American every day, according to the CDC public health systems are responsible for, ââ¬Å"Preventing epidemics and the spread of disease, protecting against environmental hazards, preventing injuries, promotes and encourages healthy behaviors, responds to disasters and assists communities in recovery and assures the quality and accessibility of health services (ââ¬Å"Center For Disease Control And Preventionâ⬠, 2014).â⬠The Federal Government is responsible for providing goals, standards and policies for state and local public health systems (ââ¬Å"Center For Disease Control And Preventionâ⬠, 2014). One of the biggest jobs that the public health systems have are vaccinations, and infectious disease surveillance (ââ¬Å"Center For Disease Control And Preventionâ⬠, 2014). 92% of local health departments carry out these jobs on a daily basis (ââ¬Å"Center For Disease Control And Preventionâ⬠, 2014). Compliance with the federal governmentââ¬â¢s policies means that local health systems gain funding that then helps to continue serving the public. Center for disease control and prevention. (2014). Retrieved from http://www.cdc.gov/stltpublichealth/about/index.html Conclusion When organizations such as long-term care, the VA or public health systems look to improve their organization and make a better profit, they will look at past performance to see what should stay the same as well as what needs to be changed. Risk and quality management are also used to make the organization the best it can be. Although all three health care organizations main purpose is the health and wellbeing of patients they have many similarities as well as differences. The three organizations discussed are all ran by regulations and goals that help to shape the organization. Link people to needed personal health services and assure the provision of health care when otherwise unavailable. Community health systems helps by providing families in the community of low income http://ctb.ku.edu/en/table-of-contents/overview/models-for-community-health-and-development/ten-essential-public-health-services/main References: JCAHO (Joint Commission on Accreditation of Healthcare Organizations) Joint Commission Standards. 2000. Retrieved from www.jcaho.org/standard/jcstandards.html Keeping the Right People (Performance Management) http://hrcouncil.ca/hr-toolkit/keeping-people-performance-management.cfm Kliff, S. (2012, November 12). Five facts about veteransââ¬â¢ health care. Retrieved from http://www.washingtonpost.com/blogs/wonkblog/wp/2012/11/12/five-facts-about-veterans-health-care/ LongTermCare.gov. (). Retrieved from http://longtermcare.gov/the-basics/how-much-care-will-you-need/ Performance Management Organizational Performance Management (U.S. Office of Personnel Management) http://www.opm.gov/services-for-agencies/performance-management/organizational-performance-management/ Selid, B., & Galantowicz, S. (2005, February). Risk Management and Quality in HCBS: Individual Risk Planning and Prevention, System-Wide Quality Improvement. , (), . Tyler, D. A., PhD., & Parker, V. A., D.B.A. (2011). Staff teamwork in long-term care facilities. Research in Gerontological Nursing, 4(2), 135-146. doi:http://dx.doi.org/10.3928/19404921-20100706-01
Monday, January 6, 2020
Food Preservatives - 1311 Words
Introduction A preservative is a naturally occurring or synthetically produced substance that is added to products such as foods, pharmaceuticals, paints, biological samples, wood, etc. to prevent decomposition by microbial growth or by undesirable chemical changes. All food products except for the one growing in our kitchen garden have food preservatives in them. Every manufacturer adds food preservatives to the food during processing. The purpose is generally to avoid spoilage during the transportation time. Food is very important for the survival, so food preservation is one of the oldest techniques used by human beings to avoid its spoilage. Different ways and means have been found and improved for the purpose. Boiling, freezingâ⬠¦show more contentâ⬠¦4. Boiling (heating, including pasteurization) Food can be made sterile by heating it to over 70à °C (pasteurization) with the bacteria being killed or by raising the temperature to over 120à °C Ultra High Temperature (UHT). This higher temperature will kill all spores as well. Food is generally canned after heating so it will last for many months. 5. Vacuum packing This preserves food as it removes the oxygen thatShow MoreRelatedFood Preservatives And Its Effects On Food1809 Words à |à 8 PagesFood Preservatives Food preservatives are described as natural means or man-made chemicals that are used in foods to prevent them from spoiling. A subgroup of preservatives are food additives, which differ from preservatives in the way that additives are not only used to lengthen the life of food, but also to improve taste and appearance. The ultimate goal of preservatives and additives are to improve the quality and lifespan of food by slowing down the decomposition process using chemicals orRead MoreThe Effects Of Excessive Amounts Of Preservatives On The Food1914 Words à |à 8 Pagesof additives placed in food is a problem. These additives are causing numerous health problems that are literally killing us. I am bringing up the idea that we need to demand the government and FDA to better monitor what goes into our food. Consumers also need to demand a change. This means choosing not to buy preserved food, cutting back on the unnatural foods, and supporting farmerââ¬â¢s markets. In this paper, I will argue that the excessive amounts of preservatives in the food we consume is leadingRead MoreHow Do Food Preservatives3402 Words à |à 14 PagesHow do Food Preservatives affect the growth of Microorganism? | By: Aya Zbedah | | December 15, 2008 | | Mrs. Hafell 5th Period Biology | 2008-2009 | | Abstract How Food Preservatives affect the growth of Microorganisms? Aya Zbedah Ballard High School The purpose of this project is to see which preservative will either slow down the growth of bacteria or speed up the growth using the three most common preservatives: sugar, salt and, vinegar. Humans usually have a problem keeping theirRead MoreThe Effect of Ph on a Food Preservative Essay698 Words à |à 3 PagesThe Effect of pH on a Food Preservative September 18, 2012 Objective: To study the affect of pH on a food preservative. Chemical Equation: C6H5COONa + HCL ------ C6H5COOH + NaCl Procedure: This experiment was started with a clear solution of sodium benzoate and HCl was added to it, ultimately producing benzoic acid. First, .3395 g of sodium benzoate was weighed, then it was dissolved in water, causing it to disassociate into ions. Next, 3M of HCl were added drop wise to the solutionRead MoreMy Solitary Purpose Of Applying For Graduate Program1727 Words à |à 7 Pagesseparate projects. First, my thesis project was related to the development of safe food preservation technique. Since, foods are often contaminated and spoiled by airborne microorganisms; it is a great challenge to keep food safe from those organisms. Though there are several kinds of chemical food preservatives which could cause fatal diseases, so we tried to develop preservation techniques with novel and natural preservatives with biocompatibility. After extensive experiments throughout one year the resultRead MoreHome Style Cookies # Case Study653 Words à |à 3 Pagesadditives or preservatives. Less sugar is also a major issue for me. Soft cookies are remain soft and do not end up getting hard. Also a proper labeling which has a description of ingredients, calories,fat and sugar counting. Question:6 Advantage of not using preservative The company is not using and additive or preservative because their marketing strategy is to introduce these cookies as a good food to consumer channel. Also since the company making fresh cookies without preservatives they areRead MoreEssay on Lab1: Effect of Ph on Food Preservatives1343 Words à |à 6 Pages Lab 1: Effect of pH on sodium benzoate, a food preservative Sheikh M Zakaria Person no. 36295651 TA: Synthia Gratia Date of Submission: 05/29/13 Abstract Sodium Benzoate is a common food preservative used in food products such as jams and jellies, soft drinks, pickles, condiments etc and in tinned products in the market. This experiment aimed to determine whether benzoic acid is formed from itââ¬â¢s superior soluble form sodium benzoate in stomach acid, which is simulated by HCl (pH=2). It hasRead MoreCase Study1542 Words à |à 7 PagesLuckyMe! Supreme La Paz Batchoy, the first bowl noodle available in that flavor. For more than two decades now, Monde Nissin has steadily and aggressively risen to be one of the countryââ¬â¢s leading food manufacturers. From its first biscuit, Monde Nissin Corporation has evolved into a premier food company, which has consistently been among the Philippines Top 100 companies since year 2000. Objectives â⬠¢ To know the process of making noodles. â⬠¢ To determine how strong and competitive theyRead MoreChemical Food Additives and Their Effect on the Human Body624 Words à |à 2 Pages ââ¬Å"Food additives refer to any substances that are added to change food in some way before it is consumed. Additives include preservatives for extending shelf life, flavouring and colouring for improving taste and appearance, and nutritional supplements such as vitamins and mineralsâ⬠(Jeon) there are two types of food preservation: chemical and natural food additives. Many of our everyday foods nowadays have either been preserved by natural methods or by chemical methods. When looking for preservativesRead MoreRegulation Before Restriction Essay1391 Words à |à 6 Pagesââ¬Å"Americans spend about ninety percent of their food budget on processed foods, which, unlike whole foods, have been treated, stripped, altered, or refined in some way after being harvested or butchered (ââ¬Å"Additivesâ⬠).â⬠Most food industries believe preservatives make food last longer. More importantly, preservative are cheaper and therefore better for the companyââ¬â¢s budget. Although, organic ingredients and foods would be more expensive, and because of this, we have the ultimate question: what is your
Sunday, December 29, 2019
Comparing Guy de Maupassants The Necklace and Patricia...
Comparative paper: Maupassant versus Smith Both Guy de Maupassants short story The Necklace and Patricia Smiths poem What Its Like to Be a Black Girl function as female tragic coming-of-age tales. Maupassants tale chronicles the folly of the young, beautiful Mathilde, a young woman who tries to live beyond her means and impress society with her appearance at a ball. When Mathilde loses a necklace she believes to be valuable, she must sacrifice everything she possesses to replace it, only to discover at the end of the ironic tale that the necklace was made of paste. In contrast, Smiths poem chronicling the strivings and yearnings of a young black woman against society does not condemn the speakers aspirations for a better life, but instead celebrates them, even while she acknowledges the difficulties inherent in female self-actualization. Maupassants story of The Necklace has the quality of a fairy tale, only it is a Cinderella story in reverse: after a night at a stately ball, Mathilde is rendered into an ugly pauper by her labor. The characters are deliberately underdeveloped in the story: Mathilde is stereotypically flat in her role as a spendthrift young wife, just like her husband, a dull clerk. The story is memorable because of the twist on the fairy tale spun by the narrator. The plot is all-important, and like an Aesops fable, it conveys a clear moral. The reality of the story seems rather questionable surely Mathilde would have approached her
Saturday, December 21, 2019
A Research Study On Group Therapy - 1178 Words
The number of children and adolescents who suffer from anxiety have increased tremendously over the past several years. The two treatment options that can be offer to an individual dealing with anxiety is medication and therapy. Out of the two, therapy has been known to be the most effective. Although people are more familiar with traditional therapy, group therapy has become just as prolific. Group counseling is a special type of therapy composed of a small group of individuals under the guidance of a counselor. This type of therapy gives children and adolescents the opportunity to realize that they arenââ¬â¢t alone and other people their age are facing similar challenges. Group therapy can be beneficial in helping this population gain acceptance from their family and peers. Many children and adolescents have a short attention span and group therapy provides more of a structure setting and interaction. The purpose of the group is to assist children and adolescents in group counseling with strategies and interventions to cope with anxiety that may be triggered from various circumstances such as social and issues, family issues, school, self-esteem issues, and bullying. This therapeutic group will create support for children and adolescents who struggle with anxiety. It will give each member of the group an understanding of anxiety and normalize those feelings. The group leader will provide coping skills to decrease anxiety and provide members with connections and resourcesShow MoreRelatedA Research Study On Group Therapy1262 Words à |à 6 Pagesof many intoxicated patients and rarely are we given the opportunity to see them heal outside of the hospital. The group that was chosen was an Alcoholics Anonymous group in Rapid City, SD. The group experience took place on June 15, 2016 at 5:30 pm at their 325 Deadwood Ave. location. AA is a private organization that focuses solely on re covering alcoholics they are member ran groups that do not accept any outside funding and stay un-opinionated about any outside events. The main focus in AA is toRead MorePost-Traumatic Stress Disorder Essay1306 Words à |à 6 PagesThis articleââ¬â¢s general topic was to study and compare group psychotherapy for women with Post-traumatic Stress Disorder to women with both PTSD and Borderline Personality Disorder, that have previously experienced childhood sexual abuse. This research is important because it tests the effectiveness of interpersonal process group therapy that is used quite often for women who have suffered from childhood sexual abuse. Around one third of all women have reported some type of childhood sexual abuseRead MoreComparing the Efficacy of Cognitive Therapy and Antidepressant Medication in the Treatment of Depression1249 Words à |à 5 Pageseffective treatment method. Extensive research has been conducted on the efficacy of antidepressant medication and cognitive therapy, the two main treatment methods used for depression today. The discussion has, however, been characterized by conflicting claims, resulting in a debate over what should be used rather than us having definite conclusion of how patients are best helped. The extensive research of Elkin et al (1989) concluded that cognitive therapy was not an effective treatment methodRead MoreThe Use Of Exercise Therapy As A Safe Alternative Treatment Option For Those Suffering With Ptsd Essay1616 Words à |à 7 Pageson the use of pharmaceutical drugs to negate the PTSD symptoms and not on the healing and overall wellbeing of the individual seeking treatment. This research paper will discuss the use of exercise therapy as a safe alternative treatment option for those suffering with PTSD and the affects associated with the overuse of prescription drug therapies. Posttraumatic Stress Disorder and Exercise: A Healthy and Alternative Treatment Option Posttraumatic stress disorder (PTSD) ââ¬Å"PosttraumaticRead MoreComparing Therapy and Medication1786 Words à |à 7 Pageseffective treatment method. Extensive research has been conducted on the efficacy of antidepressant medication and cognitive therapy, the two main treatment methods used for depression today. The discussion has, however, been characterized by conflicting claims, resulting in a debate over what should be used rather than us having a definite conclusion of how patients are best helped. The extensive research of Elkin et al (1989) concluded that cognitive therapy was not an effective treatment methodRead MoreClinical And Cost Effectiveness Of Cognitive Behavior Therapy For Health Anxiety1676 Words à |à 7 PagesClinical and cost-effectiveness of cognitive behaviour therapy for health anxiety in medical patients: a multicentre randomised controlled trial , The Lancet, vol.383, pp219 225. Using a pilot study by Seivewright at al (2000), Tyrer et al (2014) conducted a randomised control trial on the clinical and cost-effectiveness of cognitive behaviour therapy for health anxiety in medical patients in multiple medicine clinics in secondary care. This study aimed to confirm the effectiveness and achieve an equivalenceRead MoreResearch In Cognitive Behavioral Therapy (Cbt) Has Had1441 Words à |à 6 PagesResearch in cognitive behavioral therapy (CBT) has had recent success in effectively making CBT one of the mostââ¬âif not the mostââ¬âempirically supported psychotherapy (Spiegler, 2010). The more research in CBT, the more effective and understood the therapies are. Without a thorough understanding of how and why therapies work, it can be difficult to know which therapy would be most effective with a given patient. Additionally, the success of new innovations in third generation psychotherapies, such asRead MoreCommunication And Its Impact On Individual s Sense Of Belonging1272 Words à |à 6 Pagesresources, this population utilized group therapy (Kearns Elman, 2001). More recently, evidence suggests this method is an integral part of improving communication (Fama, Baron, Hatfield, Turkeltaub, 2016; Layfield, Ballard, Robin, 2013). One skillset essential to successful co mmunication includes conversation management (cite). A group setting provides a natural context for individuals with aphasia to employ such strategies. However, further analysis into group therapy efficacy will benefit cliniciansRead MorePsychology And Therapy For Children With Externalizing And Anxiety Issues916 Words à |à 4 PagesWhile there are multiple studies on working with children with externalizing and anxiety issues in general, many of them do not investigate this kind of play therapy. In fact, 40% of the studies in this paper are the first of their kind. Having studies that are the first of their kind tell us that this is a growing field, and more research needs to be done to increase the credibility of this therapy. There are potentially many therapies for externalizing and disruptive behaviors as well as anxietyRead More Snoezelen Therapy: Dementia and Alzheimerà ´s Disease in Canada1522 Words à |à 6 Pagesdomainsâ⬠(Cruz, Marques, Barbosa, Figueiredo, So usa, 2011, p.282) of the brain. There has been research done more recently that suggests that a new technology called multi-sensory therapy or Snoezelen therapy may be able to maintain or improve some of the remaining abilities in a patient suffering from dementia such as self-care or communication. Multi-sensory, or interchangeably Snoezelen therapy was developed in the 1970ââ¬â¢s by therapists working to find treatments for those with mental illness
Thursday, December 12, 2019
An Economic Analysis of an Essay Economics
Question: Discuss about theAn Economic Analysis of an Essayfor Economics. Answer: The essay focuses to analyse the article on effect of tomato potato psyllid pest on the agricultural sector and the Australian economy. This pest not only affects the crop production but also creates negative impact on the horticulture industry of Australia. Main affected crops are potato, tomato, capsicum, chilli, tomarillo, sweet potato and other crops (Prendergast, 2017). This pest affects crops in terms of loss of plant vigour and its production. The problem is that farmers have not still aware about the effective remedial measures to restrict the outbreak. Hence, preventive measures are more effective than remedy. This essay analyses the effect of the outbreak of the diseases on the market demand and supply and the crop prices. Figure 1: Effect on market demand and supply (Source: created by author) Initial demand curve is D and initial supply curve is S1 to supply Q1 amount of crop in the market in total. Equilibrium is realized at the intersection point of the demand and supply curve. E1 is the initial equilibrium point. Sudden spread of the tomato potato psyllid in the major areas of Australia causes a decrease in production of crop in short run. As supply decreases due to uncontrolled reason, in short term the direct effect is envisaged on the price of the affected crop (Canto, Joines Laffer, 2014). In short run there is no change in the demand for crop as income, preference are unchanged in short run. As there is no information about the substitute products of the affected crops, it can be assumed that there is no change in the price of those products. Therefore, market only experiences change in supply. Decrease in supply shifts the initial supply curve leftward. As supply decreases, excess demand is created in the market. In order to absorb the excess demand, crop produc ers raise the price due to shortage of crops in the market (Bruneel et al., 2012). Price eventually increases to restore new equilibrium at the point E2, where new supply curve meets the demand curve. Accordingly new equilibrium price is P2 and quantity Q2. New price is greater than initial price and new supply is less than initial output. Figure 2: Impact on price hike on revenue (Source: created by author) Impact of pest created diseases on plant in the market depends on the price elasticity of demand. As describe by, price elasticity of demand indicates the change in quantity demanded in response to 1% change in price (Babcock, 2012). Crop is necessary product as is relatively less price elastic compared to other products. Hike in price may reduce the quantity demanded for the crops. People, who have low income, may reduce their quantity demanded. Price hike may also exclude some consumers from market for short term. As per the figure 2, decrease in supply to S2, increases price to P2. As demand is price inelastic, hike in price does not have much effect on the quantity demanded. The extent of decrease in quantity demanded for crop products is less compared to hike in price (Cashin et al., 2014). Therefore, revenue of the firm may not reduce significantly. However, in the presence of substitute products, the crops may be price elastic. People can change their consumption to other food products rather than potato, tomato, capsicum, chilli, tomarillo and sweet potato. Initial revenue in both diagrams is 0P1E1Q1 and revenue becomes 0P2E2Q2 after change in price. P*Q is the total amount of revenue. Decrease in supply definitely reduces the revenue of the farmer. However, extent of decrease depends on the relative elasticity of demand and supply curve. As crop production is seasonal, decrease in supply may have effect throughout the year in the absence of proper storage facility. Spread of the tomato potato psyllid borne disease zebra chip has negative externality on the horticulture industry. Negative externality creates market failure, as the damage caused by other does not appear directly (Tomek Kaiser, 2014). Zebra chip virus shrinks horticulture production by 20% to 50%. This virus is spread over the locality quickly via infected agricultural equipments, machinery ort seed stock. Fruits like, banana, chestnut, cucumber. Psyllid is now found on commercial horticulture properties such as Gingin, Yarloop and Busselton. Decreases in horticulture production have negative impact on the GDP of Australian economy (Gopinath, Helpman Rogoff, 2014). The disease also affects human health indirectly through consumption of the infected crops. Increasing cost creates burden on the budget of the virus-affected people. These all are negative externality. As the disease is impossible to control after an outbreak, preventive measures are more effective (Roberts Schlenke ra, 2013). Government can increase public spending to support farmers in taking precautionary measures to reduce cost burden of the farmer. The essay has analysed the possible factors highlighted in the article and their effects on the price of the crops. The focus of the article is the tomato potato psyllid, which is a pest, affecting the major crops of Australia. This pest spreads a disease called zebra chip that not only affects the crops like potato, tomato, chilli and capsicum, but also affects the horticulture industry indirectly. The agricultural production is reduced by 20% to 50% due to this effect, which creates direct effect on the supply and product price in the market. As supply reduces in the domestic market, price starts to increase keeping demand unchanged. Therefore, change in price and quantity has impact on the revenue of the firm in turn. It can be concluded that government intervention is required in order to prevent the negative effect of pest on agricultural production in the economy. References Babcock, B. A. (2012). The impact of US biofuel policies on agricultural price levels and volatility.China Agricultural Economic Review,4(4), 407-426. Bruneel, J., Ratinho, T., Clarysse, B., Groen, A. (2012). The Evolution of Business Incubators: Comparing demand and supply of business incubation services across different incubator generations.Technovation,32(2), 110-121. Canto, V. A., Joines, D. H., Laffer, A. B. (2014).Foundations of supply-side economics: Theory and evidence. Academic Press. Cashin, P., Mohaddes, K., Raissi, M., Raissi, M. (2014). The differential effects of oil demand and supply shocks on the global economy.Energy Economics,44, 113-134. Gopinath, G., Helpman, E., Rogoff, K. (Eds.). (2014).Handbook of international economics(Vol. 4). Elsevier. Prendergast,J., (2017).Tomato potato psyllid: Insect found outside Perth quarantine zone on three commercial properties retrieved on 27 April, 2017 from https://www.abc.net.au/news/2017-03-06/psyllid-found-outside-metro-area/8327732 Roberts, M. J., Schlenkera, W. (2013). Identifying supply and demand elasticities of agricultural commodities: Implications for the US ethanol mandate.The American Economic Review,103(6), 2265-2295. Tomek, W. G., Kaiser, H. M. (2014).Agricultural product prices. Cornell University Press.
Subscribe to:
Comments (Atom)