Balanced Scorecard Organizational Performance †MyAssignmenthelp

Question: Talk about the Balanced Scorecard Organizational Performance. Answer: Presentation This report gives a reasonable comprehension on balance score card approach which is utilized by Brotherhood of St Laurence so as to build up compelling worth chain exercises. This parity score card approach will be comprised of four significant measurements which will reflects how association could meet its set targets and objectives in simple and decided methodology. Fraternity of St Laurence isn't revenue driven associations which has business toward a dream of an Australia liberated from neediness. What's more, Brotherhood of St Laurence has universal brand picture and headquarter of organization is in Melbourne. This report gives profound comprehension on balance score card and its four measurements which could be utilized to accomplish its set targets and objectives in decided methodology. Fraternity of St Laurence has a few objectives and target to accomplish with the assistance of its set business working. Objectives of Brotherhood of St Laurence could be arranged into two sections general and explicit goals. The general target of Brotherhood of St Laurence is to assist youthful with peopling to accomplish their specific objectives and goal in compelling way. The particular long haul target of organization is to make Australia destitution free spot. This goal is wide and went with a few realities and sub destinations. There are a few projects which have been actualized by Brotherhood of St Laurence in its business working, for example, Refuge kid outreach, Refugee activities program and executing neediness destructions plans. Also, there is other a few plans have been actualized by Brotherhood of St Laurence for relieving the neediness issues (Ahmad, 2015). There are a few partners and customers for Brotherhood of St Laurence Individuals living in Australia-These are the individuals who are having Australian residency. Be that as it may, the principle focal point of Brotherhood of St Laurence is to give best nature of administrations and help to individuals who are experiencing their lives underneath destitution line. Represetatives The Ambassadors for Brotherhood of St Laurence is RT Revd Dr Peter and Ms Joanna who are giving best help to Brotherhood of St Laurence. Benefactors These people give monetary help to Brotherhood of St Laurence with the goal that it could accomplish its decided objectives and destinations. Be that as it may, organization needs to meet all contributors needs and needs in compelling way. Volunteers-These are the columns for the association who offer their types of assistance and work for Brotherhood of St Laurence at liberated from cost. Subsequently, Brotherhood of St Laurence needs to get ready hierarchical culture in such a manner along these lines, that it could persuade all the volunteers to put forth best attempts for adjusting individuals. Accomplice association These are different associations who have gone into vital arranging with Brotherhood of St Laurence. These accomplices support the occasions and business of the organizations for the better comprehension of the hierarchical reason. These above given partners are critical to consider by Brotherhood of St Laurence before executing any strategies and system (Dudin and Frolova, 2015). Fraternity of St Laurence has been involved a few arrangement of exercises where different capacities are performed so as to accomplish certain objectives and targets. There are a few reasonable viewpoints which could be utilized in Brotherhood of St Laurence balance scorecard approach of association. The equalization scorecard approach is comprised of a few measurements, for example, money related prerequisite, interior business working, clients and business partners and hierarchical limit. The money related point of view In this measurement, Brotherhood of St Laurence would need to assess its budgetary presentation. The money related viewpoint is worried about expense and spending examination of organization. It is assessed that Brotherhood of St Laurence has absolute net benefit of $ 2969000 from its business working, likewise, organization has been intending to make extension in its business working. Explicit goal The principle goal of this money related point of view is to distinguish the cost associated with the business and different elements which make bifurcations in cost and financial plan engaged with the procedure framework (Khatoon and Farooq, 2014). Clients Ideally poor and youngsters are the fundamental clients who have been given help by the Brotherhood of St Laurence. It has intended to help youngsters to accomplish their objectives and targets. Be that as it may, in this point of view of equalization score card, Brotherhood of St Laurence would incorporate execution markers, business process objectives, accomplishment of set targets and objectives and limit usage scores. Explicit goal The primary goal of this clients centered component of parity score card approach of Brotherhood of St Laurence is to distinguish how it could make its administrations tweaked so as to expand by and large fulfillment of customers. Inner business working All the individuals working in Brotherhood of St Laurence are volunteers and they center around accomplishing interior objectives and destinations. Explicit target - This point of view would incorporate execution estimation, KPI working, process improvement, quality enhancement and limit use. Learning and development point of view In this measurement, Brotherhood of St Laurence will concentrate on its impalpable drivers and regularly separated into following parts. Explicit goal This fundamental target of learning and development point of view is connected with making extension in its non benefit business association and giving best nature of administrations to partners. of volunteer locked in Data capital prerequisite Association capital The principle thought of setting up this vital guide is to plot every single element of equalization score card arranged Brotherhood of St Laurence in its business working. It is assessed that organization would make powerful degree of observation in its four measurements through its parity score card approach. Goal of these four elements of parity score card approach is interrelated with one another (Bhattacharya, et al. 2014). On the off chance that organization neglects to accomplish one target of association, at that point it would likewise result into inability to accomplish different goals too. The entire procedure of vital guide to be determined score card approach could be characterized with the beneath given graph which have been set up by including all these four measurements (Heginbotham, et al. 2015). Parity score card approach of Brotherhood of St Laurence is comprised of four sections named money related point of view, client, inner procedure and learning and development of the associations. The fundamental issues which would be looked by Brotherhood of St Laurence in actualizing balance score card approach in its worth chain exercises would be comprised of assortment of information and improvement plans. Fraternity of St Laurence is a not benefit gaining association which offers its types of assistance at equal the initial investment focuses. The fundamental issue in usage of equalization score card would be connected with accessibility of money and specialists who could check the viability of parity score card. In addition, this BSC approach is just valuable to assess four above given measurement and keep away from other related elements. Fraternity of St Laurence would likewise need to enlist different workers in the event that it needs to embrace BSC approach in its worth ch ain exercises (Heginbotham, et al. 2015). It won't just increment the general expense of creations and administrations yet in addition increment the multifaceted nature of business working. In any case, by actualizing BSC approach in its business capacities, Brotherhood of St Laurence could assess the business execution and zones which could be improved. It is likewise seen that BSC approach could give thought and activities plan for making act of spontaneity in its current business process yet it can't give exact certain information. Along these lines, it could be construed that BSC approach could assist association with improving its current execution however it is constrained to the degree. Be that as it may, it ought to be actualized under the viable management of specialists who have great information on BSC approach. These sorts of exercises are basic for dealing with the business working of Brotherhood of St Laurence in powerful way. Be that as it may, by utilizing BSC approa ch, organization could just make estimation of move plan for its business (Shafiee, et al. 2014). End Presently at long last, it would be induced that Brotherhood of St Laurence needs to execute viable equalization score card approach for the smooth management of business. Besides, Brotherhood of St Laurence could follow BSC approach for executing Kaplan and Norton for characterization its operational exercises in four measurements (Dudin and Frolova, 2015). References Ahmad, S., 2015. A reasonable scorecard way to deal with enlistment in advanced education institutions.Journal of Strategy and Performance Management,3(1), p.17. Bhattacharya, A., Mohapatra, P., Kumar, V., Dey, P.K., Brady, M., Tiwari, M.K. furthermore, Nudurupati, S.S., 2014. Green flexibly chain execution estimation utilizing fluffy ANP-based adjusted scorecard: a cooperative dynamic approach.Production Planning Control,25(8), pp.698-714. Dudin, M.N. what's more, Frolova, E., 2015. The fair scorecard as a reason for key organization the executives with regards to the world economy change. Heginbotham, E., Nixon, M., Morgan, F.E., Hagen, J., Heim, J.L., Engstrom, J., Li, S., DeLuca, P., Libicki, M.C., Frelinger, D.R. furthermore, Brady, K., 2015.The US-China military scorecard: Forces, geology, and the developing level of influence, 19962017. Rand Corporation. Khatoon, S. furthermore, Farooq, A., 2014. Adjusted Scorecard to Measure Organizational Performance: A Case Based Study.The International Journal of Business Management,2(9), p.106. Shafiee, M., Lotfi, F.H. furthermore, Saleh, H.

The Economics of Sales Taxes

The Economics of Sales Taxes The Glossary of Economics Terms characterizes a business charge as an expense imposed on the offer of a decent or administration, which is normally corresponding to the cost of the great or administration sold. The Two Types of Sales Taxes Deals charges come in two assortments. The first is an utilization expense or retail deals charge which is a straight rate charge set on the offer of a decent. These are the customary sort of deals tax.The second kind of deals charge is a worth included duty. On a worth included duty (VAT), the net expense sum is the contrast between the info costs and the business cost. In the event that a retailer pays $30 for a decent from a distributer and charges the client $40, at that point the net duty is just positioned on the $10 distinction. Tanks are utilized in Canada (GST), Australia (GST) and all part nations of the European Union (EU VAT). Deals Tax - What Advantages Do Sales Taxes Have? The greatest favorable position to deals charges are the way monetarily productive they are in gathering a solitary dollar of income for the administration - that is, they have the littlest negative effect on the economy per dollar gathered. Deals Tax - Evidence of Advantages In an article about tax assessment in Canada a 2002 Fraser Institute study was refered to on the negligible effectiveness cost of different expenses in Canada. They found that per dollar gathered, corporate personal charges harmed the economy. Annual charges were to some degree progressively effective in just doing $0.56 worth of harm per dollar gathered. Deals charges, be that as it may, proved to be the best with just $0.17 in monetary harm per dollar gathered. Deals Taxes - What Disadvantages Does a Sales Tax Have? The greatest downside to deals charges, according to many, are that they are a backward assessment - A duty on salary where the extent of expense paid comparative with pay diminishes as pay increments. The regressivityâ problem can be survived, whenever wanted, using discount checks and expense exceptions on necessities. The Canadian GST utilizes both of these systems to lessen the regressivity charge. The FairTax Sales Tax Proposal Because of the focal points innate in utilizing deals charges, it isn't astonishing that some accept that the United States should put together their whole duty framework with respect to deals burdens as opposed to personal duties. The FairTax, whenever actualized would supplant most U.S. charges with a national deals charge at a 23-percent charge comprehensive (comparable to a 30-percent charge select) rate. Families would likewise be given prebate checks as to kill the innate regressivity of a business charge framework.

Starting College Without a Major

Starting College Without a Major When I applied to Illinois, I applied to the Division of General Studies (DGS). I was not ready to commit to a major, and major exploration sounded like exactly what I needed. At the same time, all of my friends were pretty committed to one major and one career path.  And what ended up happening? All of them switched their majors at least once when they came to college. Every single one. From Music Education to Communication. From Physics to Psychology. From Biology to Biophysics, and then back to Biology. Changing their minds worked for them, and being undeclared my first year of college worked for me. When I went to Summer Registration in June of 2013 (waaaayyyy back in the day), I registered for what was kind of a weird mix of classes. I knew I was interested in Economics and/or a major in the College of Business, so taking MATH 221 (or Calculus I for people whove taken some calculus in high school) was a must because it fulfilled  both Econ and Business prerequisites. In a similar vein, I signed up for ECON 102: Intro to Microeconomics. And then there was an intro course all  new DGS students were required to take, a  Sociology honors course just for  DGS James Scholars on global inequality and social change, and ENGL 200: Intro to the Study of Lit (the first course English majors take/a good way to get a taste of the English major). My DGS advisor, a very friendly man who also doubled as a History professor, knew exactly how to combine my interests in the humanities and Business into a solid schedule while making sure I was still making good use of my time at Illinois. I think I knocked out three general education requirements that semester. It was actually the perfect way to start college. I got a handle of the pace and difficulty of a large lecture-style math class, and I learned I could handle itâ€"with a lot of visits to my TAs office hours. Every single week, I went, and Im thankful for him to this day  because he was so patient with me and helped me get through a class that had me constantly terrified (because Im not only a mediocre math student but a dramatic one). I also reaffirmed the love for Economics Id already established taking Macroeconomics in high school, tried Sociology for the first time  and found out it wasnt really destined to be my major, and had a serious Aha! moment in that English class. ENGL 200 basically sealed my fate as an English major, a major I declared at the end of the Spring 2014 semester.  I was legitimately thrilled to attend every class. I just sat there and thought, This is why Im in college! This is it! I loved the discussions, the content, and ultimately thrived. It was cool and almost bizarre how one semester in DGS did so much for me. So, dont be afraid to be undeclared. Be comfortable in your own confusion! Because if you take the time to try different paths and do it in a smart way  (with the help of a good advisor), youll find your way. Maggie Class of 2017 After starting my time at Illinois Undeclared in the Division of General Studies, I’m majoring in English and Economics with a minor in Informatics from the College of Liberal Arts and Sciences. I’m from the relatively small town of Manhattan, Illinois.

Rifkins Rhetorical Analysis - 803 Words

In discussion of inhumane treatment, a controversial issue is whether animals are entitled to their rights. While some argue that only humans have rights, others contend that animals should have the same privileges as humans. The author of â€Å"A Change of Heart about Animals,† Jeremy Rifkin, claims that animals should have better treatment. Rifkin rhetorically changes one’s view on this subject without the consent of the reader. Rifkin begins by showing the animals’ human qualities, then giving a counter statement to common objections, and finally ends it by utilizing negative language. Rifkin’s eloquent strategy is to note the similarities between animals and humans. Rifkin mentions Koko, a 300-pound gorilla. Koko was able to learn sign†¦show more content†¦It is more likely that readers will accept the main argument because after comparing animals to humans, Rifkin suddenly strikes them with such a negative tone that makes one regret the way a nimals are being treated. It makes the reader more likely to want to feel compassionate to animals and treat them the way we want to be treated. Rifkin utilizes many more strategies in order to persuade people to lean towards his opinion. Giving animals human qualities, giving a counter statement to common objections, and using negative language is what made people realize that inhumane treatment to animals should be stopped. Noticing the similarities animals and humans share makes one think that animals are just like us and should have the privileges we do. Giving a counter statement to a common objection leaves one with less doubt about animal treatment than the ones they had before reading Rifkin’s writing. Setting a negative tone after comparing animals and humans sets one up to believe that animals are entitled to their human rights. Animals have suffered for many years because of inhumane treatment and it is time that this is put to an

Essay about The United Stated Federal Reserve Board

1. What is the Federal Reserve Board (the Fed) and how does it attempt to prevent and curtail unemployment? The United Stated Federal Reserve Board (the Fed), a component of the Federal government, conducts monetary policy. The Fed essentially plays the role for the nation’s banks that these banks play for us. Just as we borrow money from the banks, the banks borrow money from the Fed. Just as we pay interest on the money we borrow, banks pay interest on the money that they borrow from the Fed. The Fed can use monetary policy to decrease unemployment by lowering the interest rate that it charges banks. If banks are able to pay a lower interest rate to borrow from the Fed, they are likely to lower the interest rate that they charge the†¦show more content†¦2. What is inflation and how does the Fed attempt to prevent and curtail it? Inflation is a general increase in the prices of all goods and services. Inflation occurs when the average level of prices in the economy increases over time. Even as overall prices are increasing, particular relative prices will change. The US Federal Reserve attempts to control and reduce inflation. Central banks focus is on strictly controlling inflation, protecting financial assets, and keeping labor markets strictly in check. Central Banks hold inflation more important than unemployment. Central Banks believe the only long-run impact of monetary policy is on the rate of inflation. They believe free-market forces in the real economy determine real output, employment, and productivity. To attain the targeted inflation rate, central banks influence credit creation and hence spending by frequently adjusting interest rates. 3. What is a recession and how are recessions related to unemployment? Using Marx’s concept of exploitation would it be easier or harder for employers to exploit their employees during a recession? Please provide your reasons for your conclusion. A recession occurs when a country’s real GDP begins to shrink. Even a milder economic slowdown in which GDP continues to grow, but very slowly can create unemployment and dislocation. GDP and employment are positively correlated. As GDP risesShow MoreRelatedWoodrow Wilson s The Federal Reserve985 Words   |  4 PagesThe Federal Reserve Federal Reserve can be very confusing to understand and know what is their purpose and how they help the economy. The Federal Reserve was started in December 23,1913 by President Woodrow Wilson who sign the Federal Reserve Act. The Fed has many things that it controls in are economy. 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Its roles consist of controlling the money supply. It also â€Å"clears interbank payments, regulates the banking system, assists banks in difficult financial positions. The Fed also manages exchange rates and foreign exchange reserves.† (Case, Fair, Oster, 2011) The tools the Fed uses are changing the discount rate, the reserve ratio, and using open market operations. â€Å"The discount rate

The Most Neglected Solution for Social Justice Topics

The Most Neglected Solution for Social Justice Topics The Most Popular Social Justice Topics Classroom agreements are indispensable for productive discussion. Poverty has a an immense effect on a student's capacity to be successful in the classroom. Teachers might take a topic from the current curriculum and offer several alternatives for projects. Social Justice Topics Features Truly, there's no society without Law. Social justice doesn't mean an individual has rights to something they did not earn. Another very good reason to visit law school is should you feel a law degree will be able to help you reach your ends. Before going to law school, examine first your true explanations for why you would like to do so. You should make sure you've picked an adequate topic so you may submit a high-quality essay. When you compose a social issue essay, it is crucial to clearly show your private view of the issue. If you wish to compose a controversial essay, you definitely should look for the greatest social issues topics or satire topics. Writing an intriguing essay about trendy topics is an opportunity to reveal your knowledge of earth. In some ways, the thought of a list is misleading. The technology, however, I believe, can be developed later on. Even young students may use photography and video for social shift. Focus on international news too. How to Choose Social Justice Topics In addition, the thought that vouchers and access to private schools will give the easy remedy to any one of these problems is incredibly naive. Whether this question has been whispering in the back part of your mind, the resources within this collection will provide help. Often the toughest part of getting your kid to become involved in a social justice project is knowing where to commence. When picking your social problems topic, don't forget that it's always far better to write about something you're already more or less acquainted with. You also receive a nic e opportunity to dig more into research! Possessing the passion to go for a law degree is definitely a significant factor if you would like to land that spot at your dream school. Clearly, there's a direct legal motivation for you to achieve that. Perhaps the most significant element in Wright's specifically black upbringing, nevertheless, is the simple fact which he grows up among black folks that are unable or unwilling to accept his personal personality and his gifts. The nation is a huge population base that will start to grow somewhat faster as an outcome. In the majority of states, the poor make up the most significant part of the population in comparison to the affluent. Become involved in your community and ask ways to be a portion of the remedy to produce the social change to get rid of poverty. A woman in nearly every nation in the world is disadvantaged by an international system of male privilege. Utilize whatever you know to reveal your comprehension of the pla net, and bring out good old philosophical theories. It's not sufficient to look for technical solutions to one-off difficulties. The truth is that a man's experience isn't exactly like a woman's experience. It is that ibogaine is not simply a magic bullet or a cure. Social Justice Topics Fundamentals Explained Some people today say the Ten Plagues are a part of tradition, therefore they ought to be included in the seder. Unfortunately, among the undesirable people hit a whole lot of people with his vehicle. Issues that affect the environment have impacts on those who live there as well. Go with your youngster's lead! Before you make an application for law school, ensure that it's really a decision you need to make. Folks who accept an overall principle, like the illegality of murder, need not agree on the use of this principle to particular instances. Before the employer can hire someone who's not a citizen they must first make every attempt to locate an American worker for the work also, an employer can't hire undocumented aliens. In many instances of personal injury lawsuits, the defendant may be difficult to comprehend.

Supply Chain Management of Environmental

Question: Discuss about the Supply Chain Management of Environmental. Answer: Introduction East Coast Trawl Fishery is one of the largest commercial fisheries in Queensland. It produces ten thousand tons of marine food every year. Due to this exemplary performance, its marketing strategies are significant to ensure that its market base expands. The East Coast Trawl Fishery mostly harvests prawns, bugs, squids, and other aquatic species. It is significant to realize that the East Coast Trawl Fishery does not operate as an independent entity, but it is under the management of Queensland Fisheries. According to Wolanski, Burrage, and King (2010), as much as The East Coast Trawl Fishery meets all the legal requirements of the Australian government on Guidelines for the Ecologically Sustainable Management of Fisheries; it has exhibited weak promotional and marketing efforts. Measuring and assessing the sustainability of the fisheries performance regarding marketing promotion and supply chain is significant to realize its long-term viability. The following graph would specify th e total amount of the fisheries associated with East Coast Trawl. The information derived from the above graph highlights that the efforts of East Coast Trawl dropped in 2015 whereas the efforts were higher in the year of 2005. However, the graph also indicates the drastic rise in the year of 2009. Through a report from East Coast Trawl Industry Development Plan 2010-2013, it is evident that the fishery has poor marketing and promotional activities (Wolanski, Burrage, and King 2010). This is a serious concern especially for a company in the food industry. Ideally, promotional activities have much weight compared to extraction activity. The East Coast Trawl Fishery is at risk of having many products but small market to sell its products. There is robust competition in the fishing sector in Australia, and this calls for substantial promotional activities to make the targeted customers aware of the existence and their quality products (Gribble and Dredge 2014). Promotional activity can include franchising its products so that they can have a large cus tomer base and make the products to be in the proximity of the customers, a strategy that is suitable for perishable goods like fish. Supply Chain Management (Quality and Relevance of the Theory) The case study provides intriguing information on the supply chain of the fishery. The robustness of supply chain plays a vital role in the success of an industry. In the case of the East Coast Trawl Fishery, the supply chain starts from the individual fisherman, wholesalers, processing industries and finally the retailer who has the direct contact with the consumers (Hannah 2013). The government and other regulatory bodies affect the supply chain as they as oversight authority. However, despite having a simple and a successful supply chain structure, disunity can hamper the progress of an organization like the East Coast Trawl Fishery. The disunity of stakeholders can result from geographical separation and the draconian laws that the government and the regulatory bodies are inflicting to the stakeholders without consultations (Lalo 2015). Division of the members of the supply chain can lead to hiccups in the flow of the products from the individual fisherman to the consumer. When t he stakeholders collaborate with the influencers such as the regulatory bodies and the government, then it is possible to achieve new audience and expand the fishery brand awareness. The competition in the fishing industry and the fluctuations in the Canadian dollar affects the revenues of the East Coast Trawl Fishery (Rexfort and Mutterlose 2009). Moreover, due to a lot of competition for fish in the area the availability of prawns, the prices of prawns reduce thus affecting the performance of the country. This calls for a marketing strategy that can counter the growing competition from the production of prawns in this region. For instance, one of the marketing strategies that the East Coast Trawl Fishery can utilize in this market is the reduction of prawn prices to beat up the competition and afterwards adjust the prices after developing a consistent customer base, a strategy known as restrictive practices. The following stakeholders are associated with the Supply Chain Management Whole Seller Retailers Producers Customers Agents Supply Chain Mapping Supply chain mapping is a process that evaluates materials and structural procedure that are involved to bring the products in the potential market. Some of the key elements are associated with supply chain mapping. These elements are discussed further: Physical flow determines the delivery of the appropriate product quality and volume to the potential consumers. Information flow is the exchange of information among the customers and suppliers to gain the competitive advantage. The relationship is clearly linked to the information flow across the value chain. The inclusiveness, transparency, and commitments between the partners are needed to be maintained in this process. Supply Chain Mapping of East Coast Trawl The fisheries in Queensland usually manage the East Coast Trawl. The operation head is the representative of this supply chain management. The above figure specifies that the fisherman deals with the agents and supply the products to the wholesaler. It gives an opportunity to get access to the available retail markets. The wholesalers supply these products to the international and domestic markets that finally reach to the potential consumers. The exchange of the information between these stakeholders is also specified in this mapping process. The flow of the information helps the company to gain competitive advantage in the business market. On the other hand, it is to be indicated that the maintenance of the relationship creates the better compliance procedures. The buyers will get access to improve the information through such relationship process in supply chain. The main problem that the East Coast Trawl Fishery is experiencing in the Canadian fishing industry is overfishing. However, despite the efforts of the government to limit fishing to certain days, the problem seem to persist. The limiting mechanism aimed to prevent excess fishing. However, this mechanism was capped off after some time, and now fishing is limited to how much an individual has fished. Consequently, scraping off the balance in the fishing industry that was created by the limiting mechanism. In addition to this, too much government involvement in the activities of the company prevents the company from growing due to too much bureaucracy created by the government. (Somers, Crocos and Hill 2007). As much as the government is important in controlling the waters, it should not indulge itself in the operations of the fisheries. Furthermore, the problem of the overproduction of prawns is taking root in the fishery. Although there are other aquatic foods that the fishery produc es, they cannot be deemed as important. This gives the market very few choices regarding variety. The East Coast Trawl Fishery can take a chance in the production of other fishery products. This can enable the company to divulge into new markets and attract new customers. However, this is an uphill task since research is required to know the type of products that customers would prefer. The customer base will be assessed to relay the amount of a particular product, which is awaiting production. A streamlined supply chain of the fishery is ensured by putting all the stakeholders on board during vital decision concerning the fishing industry, also, providing bonuses to the individual fishermen will motivate quality products (Sumpton, Smith and Potter 2009). Opportunities and Recommendation According to Hamilton, Mulhearn and Poeckert (2011), maintenance of the supply chain value of the individual fishermen, wholesalers, the processor, and the retailer are important. A recommendation of transparency between each stage of supply should be in order. This is where every individual has the knowledge of what is going on at any point. Moreover, equity and fairness of the profits is an important aspect of the transparency issue. In addition to this, the government should involve the stakeholders before establishing rules that govern the fishery (Ye 2010). This will make everyone feel part of the decision hence foster unity. Conclusion In conclusion, upholding of the independence of the supply chain of the East Coast Trawl Fishery will still attract a large customer base. The fact that it is the largest producer of aquatic food products it is significant that promotional activities increase. This will remind the consumers that it still exists and continuous promotional activities will make a new product easily acceptable by the consumers. References Begg, G., Friedland, K., and Pearce, J. 2009. Stock identification and its role in stock assessment and fisheries management: an overview.Fisheries Research, 43(1-3), pp.1-8. Gribble, N. and Dredge, M. 2014. Mixed-Species Yield-per-Recruit Simulations of the Effect of Seasonal Closure on a Central Queensland Coastal Prawn Trawling Ground.Canadian Journal of Fisheries and Aquatic Sciences, 51(5), pp.998-1011. Hamilton, L., Mulhearn, P., and Poeckert, 2009. 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