Management: NuGrow Company
The consumption of healthy foods has tremendously increased over the past few decades, not because of their attraction in sensorial properties but basically because of their high nutritional and health profits. The regulatory path will first begin with identifying the compounds in the seed that acts as antioxidants and also ensure that the seeds are evident in their role of prevention of degenerative diseases that are constantly emerging in the present. The regulatory path will also identify the loss of antioxidants which can occur during harvest and after harvest as well (Fernandez-Cornejo & Wechsler 2012). In this same sense, the process of storage can also be looked at during the path of regulation. Still in the same sense, post-harvest treatments will an automatic process during the path of management that will be needed to preserve the quality of the seeds and primarily produce fresh produce.
Additionally, there is a need for sustainable strategies in the regulatory path that will have to ensure that the use of bioenergy procedures does not interfere with soil resources. Before commercialization, a combination of products must be analyzed and thus the seeds must meet the demands of every production unit. That is to say, the resources in the seeds must be balanced and attain combination ratios for the same seeds to qualify for after commercialization procedure. Soil to Seed ration technique must be met as well so as to ensure that the seeds do not possess active elements that will drain the resources of the soil (Fernandez-Cornejo & Wechsler 2012). Additionally, resources must be efficiently spent especially on matters that concern sustainability in harvesting. The process of commercialization then should meet the qualifications of increasing future yields of the seeds in line with harvesting.
Risk Analysis
Being in a position to manage risks is essential for all management's operations. This is because eliminating the same risks after they have occurred might be impossible. Therefore, for this reason, there should be a prior conduction of a risk analysis that will determine the possible exposure of business to risks and further develop a framework on how to appropriately manage future risks to an acceptable level. One of the risks that might be identified by going to a particular agency is brought about by meeting the regulations and the standards of the proposed authority which it other instances might not be flexible. The inflexibility of regulations of a particular agency might cause problems to a business especially if it is a small entity (Hedrick 2000).
Additionally, the regulations developed by the authority might favor only a particular group of business. Not being for the seed business might be an anticipated risk to the effect of how the seed business will grow. The demands of regulatory authorities at most times only favor business that has been running for a long time, and, therefore, small businesses might find it hard to deal with the same regulations. For a business to thrive, there is the need to identify what kinds of information need to be critical and confidential. In this demand, therefore, the agency might be offering different regulations of information protection which are not demanded by the business. The initial focus of an organization analysis of risk should be on the systems that have the greatest of effects. However, when the regulatory board offers a different plan for risk protection, the seed business might be unable to control the vulnerability of risks in their future operations (Hedrick 2000). Lengthy procedures that are difficult to articulate can also be a future problem for certain businesses under particular agency regulations.
References;
Fernandez-Cornejo, J., & Wechsler, S. (2012). “Revisiting the Impact of Bt Corn Adoption by U.S. Farmers,” Agricultural and Resource Economics Review 41(3) (Dec.):377-390.
Hedrick, P.W. (2000). Genetics of Populations. 2nd ed., Jones and Bartlett Publishers: Sudbury, MA.
