Regulation and Control of Economic Value

2016 ◽  
pp. 189-211
Author(s):  
M. R. Griffiths ◽  
J. R. Lucas
Keyword(s):  

Measuring and managing a firm's performance in complex settings are at the center of the debate in business management studies in recent years. The causal ambiguity condition that affects the dynamics of value creation makes it difficult to achieve a clear understanding of the mechanisms underpinning economic value. Thus, a conceptualization of the firm as a complex entity and a complexity management model are proposed, with the aim to contribute towards improving the disentanglement of the messy nature of the process of economic value creation. Finally, building on the assumption that financial and quantitative measures should always be the end goal of the process of the firm's economic value measurement, the most important models and metrics of value creation are reported.


2010 ◽  
Vol 1 (1) ◽  
pp. 1 ◽  
Author(s):  
Ruth Murray-Webster ◽  
Sergio Pellegrinelli

Risk management practices as described in many leading texts feel counterintuitive to many practitioners and are frequently ignored, despite their being evidently logical and potentially valuable. Such practices are often conceived as a remedial post-planning, audit activity. This paper proposes an approach for dealing with project uncertainty and risk, grounded in economics and taking into account behavioural biases and heuristics. The proposed approach is argued to be an enhancement to conventional risk management practices and one that can serve organisations better while also aligning to experienced practitioners’ intuitive approaches. In particular, we argue: that the focus should be on adding economic value rather than reducing risk per se; that opportunity gain/loss is a superior metric for gauging potential impacts of risky events; and that creation of real options should be emphasised as part of the repertoire of generic response actions to risk. The approach also supports the integration and handling of uncertainty and risk as part of holistic project planning and control.


2020 ◽  
Vol 2 ◽  
pp. 228-233
Author(s):  
Hafiz Fauzana ◽  
Rusli Rustam ◽  
Nelvia Nelvia ◽  
Yetti Elfina ◽  
Wardati Wardati ◽  
...  

Chili plants are one of the horticultural commodities that have economic value and are widely planted in Sungai Geringging Village, Kampar Kiri District, Kampar Regency. The main obstacle in achieving the quantity and quality of chili production is the attack of pests and diseases. This service aims to provide knowledge to chili farmers in Sungai Geringging Village about the types of pest and disease that attack chilies, symptoms of attack, and methods of control. The extension methods are lectures, questions and answers, discussions, demonstrations and practices with regard to chili plants. Extension is in the form of indoor presentation using LCD and in-focus tools by demonstrating the types of pest and disease that attack chilies and their attack symptoms, discussion and question and answer about pests and diseases of chili plants and their control techniques. Service programs in the form of counseling and demonstrations have been very well responded by chili farmers, counseling and demonstrations with material on how to introduce and control chili pests have never been received, plus in the cultivation of chili plants the obstacles that are often faced by farmers are problems with pests and diseases therefore participating farmers pay closer attention.


2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Hendra Mubaranto ◽  
Ma’mun Sarma ◽  
Lukman M. Baga

The purposes of this study are to analyze the business performance and the ability of the tofu industry to become economic base, analyze the factors that affect the performance, and formulate strategies for the development of tofu small scale industry. The data of this study was collected through field survey, in-depth interviews with related experts, questionnaire technique and study documents. The data was analyized using the business feasibility, Hayami added value, regression, LQ, IFE and EFE, and SWOT. The business feasibility analysis of the tofu small scale industry has met all requirements. The production inputs and labour are significantly influence for the performance of tofu small scale industry. The tofu small scale industry becomes an economic base commodity in Adiwerna, Pangkah, and Tarub Subdistricts. Strategies on the development of tofu small scale industry in Tegal District among others are improving: the image of tofu to the higher level of consumer by packaging and brand design, the regional branding, the market penetration of the supply chain and control of soybean prices, and using alternative tofu raw material, optimizing the economic value of waste.Keywords: Development strategy, process food industry, Tegal District, small scale industry ABSTRAK Tujuan penelitian adalah menganalisis kinerja usaha dan kemampuan industri kecil tahu menjadi basis ekonomi, menganalisis faktor-faktor yang mempengaruhi kinerja dan merumuskan strategi pengembangan industri kecil tahu. Data penelitian ini dikumpulkan melalui survei lapangan, wawancara mendalam dengan pakar, kuesioner dan studi dokumen. Teknik pengolahan data menggunakan analisis kelayakan usaha, nilai tambah Hayami, regresi, LQ, IFE dan EFE, dan SWOT. Analisa kelayakan usaha industri kecil tahu telah memenuhi semua persyaratan. Input produksi dan tenaga kerja merupakan faktor-faktor yang mempengaruhi kinerja industri kecil tahu. Industri kecil tahu mampu menjadi komoditas basis ekonomi di Kecamatan Adiwerna, Kecamatan Pangkah dan Kecamatan Tarub. Alternatif strategi pengembangan industri kecil tahu di Kabupaten Tegal antara lain adalah meningkatkan: citra produk guna membidik kelas konsumen yang lebih tinggi melalui desain kemasan dan merek, regional branding, penetrasi terhadap rantai suplai dan pengendalian harga kedelai, dan memanfaatkan bahan baku tahu alternatif, optimalisasi nilai ekonomi limbah industri tahu.Kata kunci : Industri kecil, industri makanan olahan, Kabupaten Tegal, strategi pengembangan


2020 ◽  
Vol 2020 ◽  
pp. 1-18 ◽  
Author(s):  
Timothy Omara ◽  
Winfred Nassazi ◽  
Tom Omute ◽  
Aburu Awath ◽  
Fortunate Laker ◽  
...  

Uganda is an agrarian country where farming employs more than 60% of the population. Aflatoxins remain a scourge in the country, unprecedentedly reducing the nutritional and economic value of agricultural foods. This review was sought to synthetize the country’s major findings in relation to the mycotoxins’ etiology, epidemiology, detection, quantification, exposure assessment, control, and reduction in different matrices. Electronic results indicate that aflatoxins in Uganda are produced by Aspergillus flavus and A. parasiticus and have been reported in maize, sorghum, sesame, beans, sunflower, millet, peanuts, and cassava. The causes and proliferation of aflatoxigenic contamination of Ugandan foods have been largely due to poor pre-, peri-, and postharvest activities, poor government legislation, lack of awareness, and low levels of education among farmers, entrepreneurs, and consumers on this plague. Little diet diversity has exacerbated the risk of exposure to aflatoxins in Uganda because most of the staple foods are aflatoxin-prone. On the detection and control, these are still marginal, though some devoted scholars have devised and validated a sensitive portable device for on-site aflatoxin detection in maize and shown that starter cultures used for making some cereal-based beverages have the potential to bind aflatoxins. More efforts should be geared towards awareness creation and vaccination against hepatitis B and hepatitis A to reduce the risk of development of liver cancer among the populace.


Foods ◽  
2020 ◽  
Vol 9 (9) ◽  
pp. 1323
Author(s):  
Adele Muscolo ◽  
Teresa Papalia ◽  
Carmelo Mallamaci ◽  
Sonia Carabetta ◽  
Rosa Di Sanzo ◽  
...  

Phytochemicals and antioxidant properties of red sweet pepper cv Topepo grown in soil amended with different organic fertilizers were compared with that grown in unamended soil. Organic fertilizers are an environmentally friendly alternative to recovery infertile soils that resulted from the intensified agricultural practices in red Topepo production. The aim was to discriminate the effects of organic fertilizers one from each other on the quality of red Topepo to find out the better sustainable fertilization practice for its cultivation. Results showed that compost from vegetable residues (CV) enhanced the synthesis of total phenols, flavonoids, ascorbic acid, vitamin E, carotenoids, anthocyanins, as well as carbohydrates, antioxidant activities, and aroma profiling, compared to horse manure (HD), compost from olive pomace (CO), and control (CTR). The results indicated a specificity between the quality of red Topepo and compost composition, highlighting that vegetable residues increased the synthesis of secondary metabolites, enhancing sustainably, the nutraceutical, sensorial, and economic value of red Topepo. The fertilizer composition resulted largely responsible for the synthesis of bioactive compounds, flavor, and aroma of this fruit.


2021 ◽  
Vol 20 (2) ◽  
pp. 181-190
Author(s):  
Iik Muslihul Hanif ◽  
Irzal Effendi ◽  
Tatag Budiardi ◽  
Iis Diatin

One of the aquaculture commodities with high economic value is grouper fish (Epinephelus sp.). RAS is known as one of superior and suitable aquaculture systems in juvenile fish culture. RAS installed with NBs is expected to increase the stocking density and production of hybrid brown-marbled grouper. This study aimed to analyze the system performance of grouper fish juvenile culture in high stocking density with water exchange system, RAS, and combination of RAS and NBs. This study used a factorial design with two factors, namely different stocking densities and cultivation systems. The densities were 500, 600 and 700 fish/m3, while the treatment systems were RAS without NBs, RAS installed with NBs, and control treatment with 200% water change. Each treatment was replicated three times. The total aquaria used for this study were 27 as each size was 1.5 m × 0.5 m × 0.5 m. The study results showed that the RAS installed with NBs and a stocking density of 600 fish/m2 showed the best results on fish production performance. Keywords: density, growth, grouper, nanobubble, RAS     ABSTRAK   Pendederan ikan kerapu meripakan salah satu segmen dalam usaha budidaya ikan kerapu (Epinephelus sp.).  Salah satu sistem akuakultur yang cocok yang dapat digunakan dalam pendederan ikan kerapu ini adalah sistem recirculated aquaculture system (RAS). RAS dengan instalasi nanobubble (NBs) ini diharapkan bisa meningkatkan padat tebar dan kinerja produksi benih ikan kerapu. Penelitian ini bertujuan untuk menganalisis kinerja sistem pendederan ikan kerapu dengan padat tebar tinggi berbasis sistem pergantian air, RAS, dan perpaduan antara RAS dan NBs. Rancangan percobaan yang digunakan dalam penelitian ini adalah faktorial dengan dua faktor, yaitu padat tebar dan sistem budidaya berbeda. Padat tebar yang digunakan adalah 500, 600, dan 700 ekor/m3, sedangkan sistem budidaya terdiri dari RAS tanpa NBs, RAS dengan NBs dan kontrol (sistem pergantian air 200%), setiap perlakuan terdiri dari atas tiga ulangan. Hasil penelitian menunjukkan bahwa pendederan menggunakan RAS dengan NBs dengan padat tebar 600 ekor/m2 menunjukkan kinerja produksi ikan kerapu yang terbaik.   Kata kunci: ikan kerapu, kepadatan, nanobubble, pertumbuhan, RAS


2019 ◽  
Vol 2 (1) ◽  
pp. 33
Author(s):  
Ahmad Rusyda Hafidhi Albasa ◽  
Riza Rahman Hakim ◽  
Budi Setyono

Abstract. The development of export power ornamental fish offers the potential for ornamental fish the production of Indonesia to global force including the Melanotaenia Boesemani. The difference in value having an economy where a male fish have an economic value higher than the female fish. Based on it, this study aimed to examine the monosex productivity male by the masculinization using natural honey bee resin. Methods used to research this is the method with 4 RAL (0,5 ppm, 1 ppm, 1,5 ppm, and 2 ppm). Data analyzed using analysis (ANOVA) diversity if there is the nature of the treatment and continued with the BNT % 5. The results of the study showed that the bee resin (Propolis) could increase masculinized effect of M.boesemani with average to the percentage male in treatment A 43,92%, B 62,74%, C 50,28%, and D 59,49%, while treatment control of 52,80%. In addition also used the measurement of parameter supporting namely survival rate (SR) with the average treatment A 57,78%, B 44,44%, C 44,44%, D 35,56%, and control of 57,78%. To growth rate (GR) have result treatment A 0,0203g, B 0,0208g, C 0,0215g, D 0,024g, while for control of 0,210g. The quality of water includes the value of doing to the morning ranged from 5,38-8,43 ppm and by day ranged from 5.12-7,67 ppm, while for ph in the morning range 6.5-7.8 and by day ranged from 6.1 a total of 7.3. Based on the research can conclude that Masculinization of M. Boesemani by immersion larvae used honey bee resin (Propolis) with different doses impact against the effects of masculine M.Boesemani best at doses of 1 ppm with percentage 62,74 %.


2021 ◽  
Vol 235 ◽  
pp. 01060
Author(s):  
Wenyi Yang

By the end of 2019 a novel kind of coronavirus which can infect human and trigger pneumonia is found in Wuhan City, China. The contagious virus rendered itself highly dangerous to attack human’s immune system, and humans have to suspend their daily routine to derail the spread of this virus, named Covid-19 by WHO. It has upended the world, especially when people cannot go out to work and spend to create economic value in awe of contagion, leading to a nosedive taken by economic growth, and the healthy crisis transferred into an economic crisis. To control over the spread of virus and save economy, governments took many measures, but the effect varies from country to country. This article aims to find the liaison between the how fast and deep the governments are to fight against Covid-19 and how that relates to their recovery of economic growth, taking China and USA as typical examples, and draw the conclusion that the speed and depth the control taken over Covid-19 features a positive correlation with the recovery of economic growth.


Author(s):  
Praveen Kumar ◽  
Alexander J Sundermann ◽  
Elise M Martin ◽  
Graham M Snyder ◽  
Jane W Marsh ◽  
...  

Abstract Background Whole genome sequencing (WGS) surveillance and electronic health record data mining have the potential to greatly enhance the identification and control of hospital outbreaks. The objective was to develop methods for examining economic value of a WGS surveillance-based infection prevention (IP) program compared to standard of care (SoC). Methods The economic value of a WGS surveillance-based IP program was assessed from a hospital’s perspective using historical outbreaks from 2011–2016. We used transmission network of outbreaks to estimate incremental cost per transmission averted. The number of transmissions averted depended on the effectiveness of intervening against transmission routes, time from transmission to positive culture results and time taken to obtain WGS results and intervene on the transmission route identified. The total cost of an IP program included cost of staffing, WGS, and treating infections. Results Approximately 41 out of 89 (46%) transmissions could have been averted under the WGS surveillance-based IP program, and it was found to be a less costly and more effective strategy than SoC. The results were most sensitive to the cost of performing WGS and the number of isolates sequenced per year under WGS surveillance. The probability of the WGS surveillance-based IP program being cost-effective was 80% if willingness to pay exceeded $2400 per transmission averted. Conclusions The proposed economic analysis is a useful tool to examine economic value of a WGS surveillance-based IP program. These methods will be applied to a prospective evaluation of WGS surveillance compared to SoC.


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