Effective Preparation For Business Presentation - 844 Words

In the book Effective Preparation for Business Presentation, the author Dr. Jeff Lewis provides excellent guidelines and his personal success tips to prepare business presentations. The book consists of five chapters each building on one another. Dr. Lewis describes details in each chapter focusing on effective communication through presentations. This paper attempts to show the key takeaways from each chapter of the book. The first chapter titled â€Å"Importance of Communicating Well† emphasizes on why it is important to communicate properly. Communication is one of the key skills for any success in life, whether it is in a relationship, in a workplace or in any aspect of life. It also helps understand others, learn new skills, and boost career and employability. In fact, nowadays communication has become so vital that employers list this as the main job requirement in all job postings. This shows that a graduate who has developed some skills in communication is more employable than others who did not. The chapter also provides important steps and models for planning and preparing business presentation. And finally, Dr. Lewis writes, â€Å"you know when you are ready when you have practiced the verbal and non-verbal elements of your message†(P. 23). This shows that perfection comes from preparation and practice. Another major takeaway from the first chapter is the communication model, which consists of eight essential components: sender has the idea (message), audience analysis,Show MoreRelatedBusiness Communication Paper1081 Words   |  5 PagesAudience Analysis Paper COM/285 Katrice Bottoms October 28, 2010 Prof. Stella Kalfas Audience Analysis Communication in the business world must be effective for a company to strive in a competitive market. Miller Company has called an in person meeting with a group of stakeholders including managers, salespeople, and customers to discuss quarterly sales information. To communicate effectively with the internal and external audience’s, an audience analysis mustRead MoreEffective Training Sessions Essay1269 Words   |  6 PagesTraining sessions aim to develop one’s skills and knowledge on a particular topic, usually to benefit their job performance (Hubbard, 2004, p. 124). Preparation is the inevitably one of the first stages of training sessions. According to Polonsky and Waller (2004) â€Å"effective presentations, academic or business require preparation† (p. 432). This stage can be separated into three subcategories, forming, storming and norming. Yeung (2000) defines forming as when the team assembled and storming beingRead MoreMarketing Analysis : Sales Management1028 Words   |  5 Pagesbe broken down into seven steps: preparation, prospecting, approach, presentation, overcoming objections, closing, and follow-up. Preparation covers everything that needs to be done before interacting with a potential customer. This involves not only knowing your products but your competitors as well. In addition to this, you will need to develop a sales presentation tailored to your potential client’s needs and wants. Some would put prospecting ahead of preparation, but experience has taught me thatRead MorePoints to Consider When Giving a Speech Essay947 Words   |  4 Pagesneeds to be given adequate consideration during the preparation of a speech. Once the introduction is completed I believe the audience subconsciously demands that the body of the speech is well organized and informative. This is important to ensure that the audience stays engaged in the presentation. Although I believe I did a decent job in my introduction speech, I now know which areas I need to work on in the body to make the presentation more complete. After reading Chapter 8 of The Art ofRead MoreRecruitment and Diversity Enhances Customer Essay788 Words   |  4 Pages(Point 2) Organisation Benefits of attracting and retaining a diverse workforce: An increasing number of companies are realising the benefits of having a diverse workforce and as a result are incorporating equality and diversity objectives in their business strategies. Diversity is a widely-used concept which refers to visible and non–visible differences between individuals. There are six main strands of diversity: race, gender, disability, sexual orientation, age, and religion which are covered byRead MoreWhat Did You Learn From The Harvard Managementor Writing Skills Tutorial? 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Feedback from steps examination, analysis and presentation can be used for improvement of network security, tools used etc. Figure 2 depicts the process of network forensics. Figure 2 – Network forensics process 3Read MoreCoaching Process Exercise And Inventory Self Assessment Questionnaire1640 Words   |  7 Pagesof ways to improve coaching strategies. The actual self-assessment and feedback profile scores, are quite encouraging, reflecting my strength. The following are my scores. Self-Assessment Profile Feedback Profile (30) Coaching Preparation (27) Coaching Preparation (30) Coaching Technique (27) Coaching Technique (38) Coaching Qualities (30) Coaching Qualities (34) Coaching Conversation (27) Coaching Conversation After reviewing the self-assessment scores, coaching qualities is my strongestRead More†¢How Clearly Did The Presenter Define And Explain The Key1647 Words   |  7 Pagesintroduced the key contents of the presentation. Based on source found, the presenter then defined what creativity is with its characters. Followed by assertive scholar research, the presenter posed an interesting question, which supports creativity can be developed through proper management. Next, straightforward illustration was applied to show different functions of human brain. In delivering the presentation, the presenter demonstrated satisfied amount of preparation and research that he has doneRead MoreEssay about Self Reflection for Oral Presentation733 Words   |  3 PagesSelf Reflection for Oral Presentation Firstly, I would like to begin by saying that feedback was very mixed and gave some very differing opinions on the presentation as a whole. As an example, several reviewers stated that eye contact was poor throughout the presentation but several others contradict this. Again this is apparent with the clarity and volume of our speech. According to half the reviewers the presentation was too softly spoken and not clear with the other half praising our clarity

An Analysis on the Works Of Ida B. Wells Essay - 1113 Words

In the words of Miss Ida B. Wells: The student of American sociology will find the year of 1894 marked by a pronounced awakening of the public conscience to a system of anarchy and outlawry which had grown during a series of ten years to be so common, that scenes of unusual brutality failed to have any visible effect upon the humane sentiments of the people of our land. She is depicting a period of time in American history stained with the blood of hundreds of free African American men, women and children. These people were unjustly slaughtered through the practice of lynching within the South. Wells was an investigative journalist and was involved in exploring, reporting, publishing literature on, and eventually campaigning against the†¦show more content†¦Twenty-first century reporters fill the airwaves with â€Å"news† pertaining to facets of life entirely opposite of awareness and activism. When news regarding anything aside from the lives of celebrities or curre nt pop culture does make the headlines, the story seems presented in a watered-down, somehow censored, fashion; leaving the reader asking more questions than they received answered. As the major methods of mass media become increasingly consumer driven, the great majority are presented with less mentally stimulating material called â€Å"news†. As a result, Americans are often less informed, and thus less willing to become involved in, political, social, and economic issues, nation and worldwide. Through the application of relevant and straightforward journalism, like that practiced by Ida B. Wells, the people of this country may be armed with the knowledge needed to have an effect on the events unfolding today that will affect tomorrow. In each of her three bodies of work Wells takes time to carefully explain the objective for the publication of the document while outlining a plan of action in order to go about obtaining said objective. She maintains a universal purpose throughout her campaign, which can simply be summarized as a desire to â€Å"place the facts before the American people and later before the world† with her ultimate goal being â€Å"to intervene boldlyShow MoreRelatedThey Say: Ida B. Wells and the Reconstruction of Race, by James W. Davidson. Ida B. Wells as a parallel to African Americans trying to gain empowerment in post-emancipation America1409 Words   |  6 PagesLana Cox History 121 Professor Adejumobi November 7, 2008 Critical Book Review THEY SAY: IDA B. WELLS AND THE RECONSTRUCTION OF RACE By James West Davidson Ida B. Wells, an African-American woman, and feminist, shaped the image of empowerment and citizenship during post-reconstruction times. The essays, books, and newspaper articles she wrote, instigated the dialogue of race struggles between whites and blacks, while her personal narratives, including two diaries, a travel journal, and anRead More Lynching and Women: Ida B. Wells Essay937 Words   |  4 PagesWomen: Ida B. Wells Emancipated blacks, after the Civil War, continued to live in fear of lynching, a practice of vigilantism that was often based on false accusations. Lynching was not only a way for southern white men to exert racist â€Å"justice,† it was also a means of keeping women, white and black, under the control of a violent white male ideology. In response to the injustices of lynching, the anti-lynching movement was established—a campaign in which women played a key role. Ida B. WellsRead MoreUnconditional Love Essay1119 Words   |  5 Pagesenemies because they used her body for their pleasures, and they lied to her. Asha views her life as though she has nothing to live for. 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Wells-Barnett allowed new avenues of academia and social change that had not previouslyRead MoreWhy Did Lynching Occur Towards African Americans in American History?1904 Words   |  8 Pagesperiod. In the Ida B wells book â€Å"The Red Record† she explains that lynching wasn’t just about accused crimes of the African American man, but the lynching of African American men in the community who were Black people who were educated or business men. She concludes this by examining the different excuses the whites gave regarding the reasoning behind the massive lynching throughout the year. The first excuse to the rest of the world was to stamp out alleged race riots. Ida B. wells argues this couldn’tRead MoreWhat Are The Major Implementation Details On The Software Architecture Of The Hybrid Sensing Network?1641 Words   |  7 PagesIn the following subsections, major implementation details on the software architecture of the SPS are provided. A. 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This piece of work is alo includedRead MoreA Swot and Pest Analysis10002 Words   |  41 PagesHUONG HAAND KEN COGHILL E-Government in Singapore — A Swot and Pest Analysis HUONG HA Department of Management, Monash University, Australia Huong.Ha@BusEco.monash.edu.au KEN COGHILL Department of Management, Monash University, Australia Ken.Coghill@BusEco.monash.edu.au ABSTRACT This paper aims to review and evaluate the vision, the objectives and the strategic framework of e-Government in Singapore. Rapidity, Reliability, Efficiency, Cost-effectiveness, Customer-orientation and AccessibilityRead MoreBook Review: Black Feminist Thought (Patricia Hill Collins) Essay1077 Words   |  5 PagesPaper, $26.21, 0-415-92484-7.) Patricia Hill Collins’s work, Black Feminist Thought seeks to center Black Women into intersectionalist thought, addressing the power struggles that face them not only due to their race but also to the gender. Masculine rhetoric and powerful male leaders such as Huey P. Newton and Eldridge Cleaver have overshadowed Black Women’s stories, both in and out of the Civil Right Rights/Black Power Era. It is an analysis that defines Black Feminist Thought, instead of recyclingRead MoreA Nursing Process Approach to Malignant Melanoma1155 Words   |  5 PagesNursing Process Approach to Malignant Melanoma To fully comprehend the concept of the nursing process, one must first understanding what nursing is and the history of nursing. Nursing has evolved over the years from a basic system of care to a well-developed professional system in which special ways of think are applied in order to efficiently maximums patient care. The base of nursing is patient care, thus the nursing process is the foundation for nursing practice and key to ensuring the needs

Measurement And Density Free Essays

Purpose of this Lab What is the goal of this lab? What question are you trying to answer, or what problem are you trying to explain? Hypothesis After reading the lab instructions – but before starting the lab – record your best â€Å"educated guess† about each experiment: Experiment 1: Which method of finding the density give you the least percent error and why? Experiment 2: After completing the first experiment, answer this question. Which block do you think has the highest density and why? Experimental DesignList the materials used in this lab, and write a brief explanation of the procedures you followed. (You do not need to retype the procedure; simply summarize your procedures you used. We will write a custom essay sample on Measurement And Density or any similar topic only for you Order Now ) Procedures: Materials:  ©Ã‚  KC  Distance  Learning Data On the following pages record the data you collect in the lab. Show all calculations performed in the data analysis. Calculating Percent Error In most cases, the values you obtain through experimentation will be slightly different from the documented accepted values. Using very precise measuring devices and utilizing the measuring devices correctly reduces the amount of error.The calculation for % error is similar to the calculation you would use to determine your average on an exam. The formula for % error is listed below. Calculate the % error for each substance in experiments 1 and 2. The accepted values are given in the table above. The experimental values are the values you found in the lab. Percent Error = Experimental Value – Accepted Value x 100 Accepted Value Experiment-1 Measuring densities of the cubes using water overflow method. Mechanical Balance Red Cube Green Cube No. 1 Blue Cube No. 1 2 3 4 5 Average Volume Cube Red Green Blue Element Iron Copper Zinc Graduated Cylinder Red Cube Green CubeBlue Cube Mass (in grams) Volume (cm3) Density( g/ cm3) =Mass/Volume Element Present Standard Density (g/cm3) 7. 8 8. 9 7. 1 Calculated Density (g/cm3)  ©Ã‚  KC  Distance  Learning Experiment-2 Measure densities of the cubes using Vernier Calipers and Digital Weighing balance. Digital Balance Red Cube Green Cube No. 1 2 3 4 5 Average mass Blue Cube No. Length (L) Vernier Caliper Red Cube Width (W) Height (H) LxWxH 1 2 3 4 5 Average Volume Green Cube No. 1 2 3 4 5 Average Volume Length (L) Width (W) Height (H) LxWxH Blue Cube No. 1 2 3 4 5 Average Volume Length (L) Width (W) Height (H) LxWxH  ©Ã‚  KC  Distance  Learning Cube Red Green BlueMass (in grams) Volume (cm3) Density( g/ cm3) =Mass/Volume Element Present Element Iron Copper Zinc Standard Density (g/cm3) 7. 86 8. 96 7. 13 Calculated Density (g/cm3)  ©Ã‚  KC  Distance  Learning Data Analysis Analyze the data you collected in the lab. Support your calculated densities by showing the calculations that lead you to your results. Calculate your percent error and compare your percent error from experiment 1 to your percent error in experiment 2.  ©Ã‚  KC  Distance  Learning Conclusion After conducting the experiment, how would you now explain the problem(s) or answer the question(s) raised when you described the purpose of the lab?Do your results support your hypothesis? Why or why not? Be sure to base your answer on the data you collected. Consider whether your conclusion is the only explanation for the data you collected, or if there could be alternate explanations.  ©Ã‚  KC  Distance  Learning Post Lab Questions Answer the following questions before submitting your report to your teacher. Show all work in all questions requiring calculations. Use the following density table when needed. Density Table Substance Aluminum Oak Pine Polypropylene PVC Steel Water Lead Bismuth Density (g/cm3) 2. 70 0. 75 0. 42 0. 2 1. 40 7. 9 1. 0 11. 4 9. 78 1. Suppose you were asked to find the density of a metal object that appears to be a cube. You notice that the metal looks old and has a few chips in it. Without any other information, would it be correct to measure 1 side of the object and cube (^3) the value to determine the volume? Explain. 2. Suppose you determined the density of a cube to be 1. 40 g/cm3. Would the density of the cube be different if you had a cube made of the same material with twice as much mass? Explain. 3. A cube with a mass of 0. 0084 kilograms has a volume of 20. 0 cm3. Using the density table above, identify the object. Don’t forget to convert if needed. 4. A cube of lead is 7. 00 centimeters per side. What is the mass of the cube? (See table for density of lead).  ©Ã‚  KC  Distance  Learning 5. You fill a graduated cylinder with 50. 00 milliliters of water. You drop a piece of aluminum with a mass of 15. 00 grams into the graduated cylinder causing the water to rise. What would the new volume of the graduated cylinder be after dropping the aluminum? 6. How many of the substances listed in the density table above would float in water?  ©Ã‚  KC  Distance  Learning How to cite Measurement And Density, Papers

Australia In The Global Environment Pearson â€Myassignmenthelp.Com

Question: Discuss About The Australia In The Global Environment Pearson? Answer Introducation In perfectly competitive market, market forces usually determines price of product and services. In this market structure, the firms face huge competition from other competitors in terms of pricing strategy. The major factors that contributes to rise in tomato price in Australia are climatic conditions, laws and regulations adopted by the Australian government, consumers and the competitors existing in the market (Bade and Parkin 2016). This is illustrated with the help of diagrams given below: Figure 1: Price changes Source: (As created by author) The above figure reflects that equilibrium occurs at the point E where the demand for and supply of tomatoes becomes equivalent. Corresponding to this equilibrium point E, the equilibrium price and quantity of tomatoes is determined at P and Q respectively (Bade and Parkin 2016). Debbie storm hugely affected the total production of tomatoes in this nation. As a result, the supply of tomatoes became less in the Australian market owing to this devastating cyclone. This shifts the supply curve to the left that is denoted by S1. This creates shortage of tomato in the market as the demand for it remains constant which reflects ceteris paribus. However, excess demand arises in the market. For controlling this condition, the sellers increase the price for attaining higher profitability (Bade and Parkin 2016). This leads to decline in quantity demanded for tomatoes due to increase in price. Thus, increase in price shifts the equilibrium point to E1 where the new supply curve and demand curve intersects each other. At this price P1, the quantity supplied declines to Q1 from the original equilibrium quantity (Q). Hence, this reflects that Debbie storm adversely affected the purely competitive market of tomatoes in Australia. b) As the suppliers reduce the production of tomatoes, it leads to shortage in supply of tomatoes in the agricultural market of Australia. This is in turn affects the food industry in this nation. In addition, the canned food products made from tomatoes that include tomato ketchup, canned tomatoes etc are adversely affected from this rise in price of tomatoes (Bade and Parkin 2016). As the processed products of tomatoes are considered as complementary goods, supply of these products declines owing to decrease in production of tomatoes in this competitive market. This is illustrated in the diagram given below: Figure 2: Impact of rise in price of tomatoes in other markets Source: (As created by author) It has been noted that, in case of complementary goods, if the demand for a particular product decreases due to macro environmental factors , the price of another product increases. It has been stated by Bade and Parkin (2016), demand for one good inversely affects the price of another good in case of complementary goods. Some of the key factors that helps in determining the price elasticity of demand for a particular commodity are : Availability of substitute commodity- The demand for the product apt to be elastic if close substitute for the product is available in the market. If the product is not available, then the people intend to purchase that commodity even if price rises. Thus, the demand is considered as elastic. As tomatoes have close substitute of vegetables, its demand tends to become elastic. Total money spent by the consumers on that particular commodity- The higher the amount of consumers income spent on that particular commodity, higher will be price elasticity of demand. As Australian households spent huge proportion of income in purchasing tomatoes, the commodity tends to become elastic. Complementarities between the commodities- complementary goods also influence price elasticity of demand. In this case, the demand becomes inelastic, as households are less sensitive to the variation in commodity prices. However, as the processed products of tomatoes are complementary, the demand is said to be inelastic. Time horizon- The price elasticity of demand tends to become elastic if the total time involved in producing the commodity is long. Preferences of consumers- The price elasticity of demand also depends on the preferences and wants of consumers. As tomatoes are highly preferred by the Australians, the demand for this product becomes highly elastic. Price elasticity of demand refers to the variation in quantity demanded with respect to fluctuation in commodity price. It has been opined by Bade and Parkin (2016), a commodity is termed as price elastic, if the variation in quantity demanded becomes higher than its price. On the contrary, in case of inelastic demand, change in demand for quantity is low in comparison with the price adjustment. The demand elasticity of tomato apt to be elastic as it has close substitute in the market. Tomato is not considered as necessity vegetable and thus response in demand for total quantities of tomato tends to be higher with respect to smaller proportion in its price. This means that if the change in price of tomato is by 1% in this market, then the impact on quantity demanded for this product apt to be higher (Bade and Parkin 2016). The Australians who have lower per income or preference for tomatoes, it might lead to decrease in quantity demanded owing to rise in price for this commodity in purely commodity market of Australians. However, the producers or the farmers are adversely influenced by cyclone. In other words, elastic demand curve of tomato is flatter than the original demand curve. Figure 3: change in total revenue Source: (As created by author) b) The main aim of the sellers is to attain higher revenue than total production cost for gaining higher profitability. The total revenue of the firm is estimated by multiplying product with its total quantity supplied (Bade and Parkin 2016). The total revenue of the firm selling tomatoes in Australian market is shown by the area P0E0Q0O. As the price elasticity of demand for tomato is elastic, total revenue in the market declines , which is highlighted in the above figure. At market equilibrium, the revenue obtained is PEQO. As the total production of tomatoes reduces, the sellers tries to increase the price of the commodity as no change in demand for its quantity has been observed. Therefore, it has been noted that, hike in price of tomato is greater than reduction in sales volume of tomatoes, the total revenue decreases in wholesale market of Australia. This in turn discourages the sellers in further selling tomatoes in the Australian market (Bade and Parkin 2016). If huge number of farmers stops producing tomatoes and leave the market, it adversely affects the wholesale market of Australia. This leads to drastic fall in supply of tomato and hence this causes immediate increases in product price. Increase in price of tomato and this causes decrease in total revenue obtained by the farmers (Bade and Parkin 2016). The farmers manufactures large amount of tomato in order to keep huge sale in winter season and invest huge amount in harvesting it. In essence, farmers incur huge loss as the cost of investment by the farmers is high and revenue obtained is lower than this cost (Bade and Parkin 2016). The main motive of the farmers is to invest a portion of obtained profit in the production of tomatoes for the upcoming year. However, if the farmers incur loss from the sale of tomatoes, then they face huge difficulty in producing it in the next period owing to absence of proper fund. As a result, the famers leave the market as the operations of the prod uction of tomatoes in Australia in long term becomes no more profitable to them. In addition, the government of Australia plays a huge role for bringing long term sustainability in Australian market and hence subsidy is provided to the farmers for covering the production cost. It helps the farmers in covering huge loss that is incurred to them and supports them financially in manufacturing tomatoes for the next year. The diagram below signifies the positive impact of subsidy to the farmers in the Australian market. Figure 4: Impact of subsidy on the farmers Source: (As created by author) Provision of subsidy provided to the farmers for each unit of production declines burden on farmers and this increases supply of tomatoes. This shifts the supply curve to the right from S to S1 and this leads to fall in price of tomatoes. The Australian government bears the production cost partially by imposing subsidy to the farmers. Hence, the supply curve shifts with respect to each unit of subsidy. Furthermore, imposition of subsidy facilitates the farmers in gaining profits in much easier way, which they uses in manufacturing tomatoes by implementing new technology. As stated by Bade and Parkin (2016), the government adopts another strategy in undertaking warehousing investment. Therefore, proper warehousing helps in improving storing process of tomatoes for increasing inventory, which in turn raises inventory for smoothening supply of tomatoes in the Australian market when cyclone hits the nation. Advantages of subsidy Subsidy provides benefit to the farmers and the advantages relating to this subsidy are: Stabilizing infrastructure of agriculture- As subsidy provides financial support to the farmers that in turn aids in purchasing equipment of farming and implementing new technology in manufacturing more tomatoes (Bade and Parkin 2016). Managing supply of tomatoes- subsidy enhances harvest of tomatoes and this increases food supply. Thus, the exports of tomatoes improve and this enhances national income of the country. Stability in income of the farmers- Implementation of subsidies assures steady income and helps in recovering losses incurred from sale of tomatoes. Compensating farmers- the subsidies provided by the government helps in compensating the farmers if they suffer from huge loss on particular commodity than expected. In addition, this encourages the framers in expanding their business and also aids in improving efficiency as well as competiveness in the agricultural market. Disadvantages of subsidy Some of the disadvantages of agricultural subsidy provided by the government include: Necessity of government intervention- Subsidy directly influences price as well as supplies of tomatoes that help the farmers in attaining higher profitability in the purely competitive market. Moreover, it raises burden on spending of government that causes budget deficit that in turn occurs future tax burden on customers. Lack of diversity of tomatoes- Subsidies creates diversity in the production of tomatoes and this benefits both the consumers and producers. Discriminating between the farmers- this subsidies discriminate among the farmers that specialize on tomatoes that does not require subsidy. Therefore, this helps the farmers in taking agriculture decisions regarding funding on eligible tomatoes crops for manufacturing good harvest Drives small farmers out of the business- it has been estimated by economist that the subsidies inflate the farmland value by 30% and this prevents the small farmers in farming as beginning the business becomes expensive as it includes purchasing machines in order to increase productivity (Bade and Parkin 2016). On the other hand, large farms uses these subsidies in implementing new technologies and hence producers huge quantities of commodities at low price. Barriers in import and damaging environment- The farmers those who are manufacturing in better soil region and in good climate uses less fertilizers as well as pesticides. On the other hand, the farmers who are producing commodities in poor locations choose to use more fertilizers on their crops. This excessive usage of chemicals causes environmental pollution and damage. In addition, vast water that the government runs begins to sell it to the farmers at low price. Advantages and disadvantages of agricultural warehousing Warehousing includes advantages as well as disadvantages to the agricultural market in Australia. The benefits of warehousing include Preservation of tomatoes- it aids the producers for storing tomatoes during offseason when the requirement of sale becomes less (Bade and Parkin 2016). Thus it provides stocks protection and prevents it from the wastage. Smooth flow of tomatoes- as tomatoes are consumed in every season, proper warehousing ensures the farmers in regular supply of seasonal products during the year. Convenient location- convenient location of warehousing decreases the transportation cost of tomatoes in the market. Creating job opportunities for the farmers- warehousing provides job opportunities for skilled as well as unskilled farmers in this nation. However, it acts a vital source of income for the people for improving their standard of living (Bade and Parkin 2016). Aids in sale of tomatoes- warehousing improves the procedure of selling tomatoes in the market. The steps for distribution of tomatoes include, inspection, branding and packaging that warehouses carries on during the process. Increases availability in finance- Warehousing increases the availability of finance by raising loans from banks and financial institution for maintaining security of the warehouse (Bade and Parkin 2016). Decreases risk of acquiring huge loss- warehousing benefits the farmers in reducing their risk of incurring huge loss from the sale of tomatoes. In this situation, as cyclone affects Australian agricultural market, improvement in warehousing protects the product quality for long period , which in turn increases the period of consumption. Therefore, smooth flow in tomatoes production reduces the risk of facing loss as it stabilizes both the price level and its quality for long period of time. The disadvantages that warehousing involves include- Less flexibility in investment Requirement of capital for producing tomatoes Rise in initial cost of tomatoes Availability of space as well as services. Conclusion From the above report, it can be concluded that the producers mainly focuses on elasticity of demand before setting price of tomatoes. In case of elastic demand, the effect of quantity dominates the effect of price and thus decline in price rises total revenue. Moreover, the prices of goods are also set by them depending on customers, rivalries and market structure. These helps the producers in attaining higher profit that is applied in this case of tomatoes production. Imposition of government subsidy also plays a vital role in improving the farmers standard of living by supporting them financially. Additionally, the warehouse operations also adds up in integrated operations of supply chain and hence positively contributes in development of the economy. However, appropriate warehousing operations enhance customers satisfaction and add the value of profit to the farmers. Moreover, inappropriate agricultural warehousing creates difficulties for the farmers in selling the commodity whi ch in turn affects their profitability level. References Robyn, Bade and Michael, Parkin., 2016. Microeconomics: Australia in the global environment. Pearson