A study guide free essay sample

Evaluating Criteria and Feedback Students will be set apart as indicated by the point by point reviewing rules situated toward the finish of this area of the Subject Learning Guide. Input will be given to the gathering inside three weeks of the accommodation date. This criticism is to be joined into Assessment Task 2: Group Presentation. Portrayal of Task The appraisal task expects understudies to basically assess the speculations of uncial bookkeeping. It offers the understudies the chance to show their degree of comprehension of the calculated foundation to bookkeeping practice and guideline. So as to finish this assignment, understudies will be allotted to bunches from inside their instructional exercise. Appraisal Task multi week 8 20% The test will be directed during the week 8 talk. Subtleties of the time and spot of the test will be given nearer to the date. Reviewing Criteria and Feedback The inquiries are intuitive requiring contribution from the understudy, in view of data provided. The understudies execution will be gotten to naturally by the framework and an imprint out of 10 will be distributed on culmination of each online assignment. We will compose a custom paper test on An investigation manage or on the other hand any comparative point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Whenever mentioned, criticism and extra assist will with being given by the instructor. Portrayal of Task The point of this appraisal task is to offer understudies the chance to exhibit their degree of comprehension at the mid-purpose of the semester.This should feature to understudies whether they have to invest more energy drawing in with the subject material so as to have adequate comprehension to agreeably finish the subject. The test will involve Multiple Choice Questions ONLY and may incorporate inquiries from points 4, 5, 6 and 7. Understudies who neglect to sit the mid-semester test at the booked time will be granted zero (O) marks for this bit of appraisal. Evaluation Task 3 SILOS Assessed Students must give a concise report to the speaker, preceding the introduction, itemizing how they have joined criticism from Assessment Task 1 into their introduction. Evaluating Criteria and Feedback gave to gather individuals in any event multi week before the last examination.Incorporating criticism got from Assessment Task 1, understudies are squired to introduce their discoveries from Assessment Task 1 to the instructional exercise gathering. Understudies will work in a similar gathering according to Assessment Task 1 and all gathering individuals are relied upon to partake in the oral introduction. Appraisal Task 4 1, 2,3 The assessment will be held during the test time frame. Understudies ought to counsel the assessment plan for date, time and room subtleties. Evaluating Criteria and Feedback the finish of this segment of the Subject Learning Guide. Understudies must acquire in any event 40% on the last assessment and accomplish a base total sign of half for the subject so as to increase a passing evaluation for the subject.The last grades in the subject and in every one of the appraisal assignments will be apportioned by the accompanying: AI-100% B: 70-79%C: 60 D: 50 N: 49% or less The last assessment will comprise of 15 minutes understanding time and 3 hours composing time. The last assessment will cover all pieces of the course, except if in any case exhorted. It will comprise Of short answer hypothesis and down to earth questions requiring computations and the chronicle of bookkeeping diary sections. Understudies won't be allowed to bring any printed or written by hand material into the last assessment. Understudies are permitted to welcome an on-programmable mini-computer. Further insights about the configuration and admissible materials of the last assessment will be informed nearer to the date with respect to the examination.Detailed Grading Criteria Assessment Task 1 : Group Report Criteria Standard (N, 0-49% and so on) (D, 50-59%, and so forth) (C, 60-69%, and so on) (B, 70-79%, and so forth) (A, 80-100%, and so on) 1. 1 Understanding of pertinent speculations, disciplinary substance and guideline Inaccurate or improper decision/utilization of hypotheses. Neglected to apply or improperly applied Standards as well as rules Fair endeavor at use of hypotheses. Applied a few Standards as well as rules properly Key speculations are applied in a fitting and direct way. Applied suitable Standards or potentially (rules to the principle issues. Smart and fitting use of key hypotheses. Gauges as well as rules suitably applied to the issues Demonstrates combination and development in the use of hypothesis.

Impact of Television Violence on Children Essay

Essay Topics About Relationships

Essay Topics About RelationshipsEssay topics about relationships should be brief and to the point. It should not seem as though you have been rehashing and replying to all the questions the students are asking. The key is to make the topic relevant and interesting.The best essay topics about relationships can include a discussion of your own relationship, a relationship with a friend or relative, an affair, or something that has occurred in the past. You can also discuss the benefits of having a relationship. For example, it would be great to discuss the benefits of having a dog as opposed to a cat. A dog is social, walks with you, gives hugs, and follows you, whereas a cat will hide away during the day and eat when they're hungry, gets afraid if you get too close, and will scratch.College students love to discuss romance. You can even mention how to write romantic stories. It might be good to add that you believe a romance novel is a wonderful art form that can bring people together in a sense of feeling connected to someone else. Or you can tell your story as the heroine. Remember that the best topics for an essay about relationships are ones that relate to the core theme.In an essay about a relationship, you must prove that the topic is a relevant one. You must show how your opinion is pertinent to the issue at hand. You must demonstrate that your opinion will benefit the readers by expanding their understanding of the subject matter. I think of this as proof of relevance. This also applies to an essay about the advantages of having a pet.A good topic is one that relates to one's own experiences with a particular relationship. One great example is my grandmother and my father's first relationship. How was it different from those that followed?Sometimes people feel a little shy when they think about writing essay topics about relationships. They're afraid to talk about things that they may not want to talk about, or to delve into too much detail about their p ast. You have to understand that this is not your personal life, and that the best subjects are ones that don't upset anyone.Remember that the most important aspect of essay topics about relationships is to become interesting. It should give the reader something to think about while they're waiting for the topic to move on to the next question. You can't be boring, but don't go overboard. Focus on teaching the reader something interesting.The best example I can think of is 'The Star-Spangled Banner' from the movie, 'The Stars and Stripes Forever.' This popular song contains lots of excellent essay topics about relationships.

Essay on Religion, Creation Stories, and Creation Myths

Religion, Creation Stories, and Creation Myths One of the fundamental questions that religions seek to answer is that of origin. How was man put on earth? Why and from what was he created? Who created him? What does his creation imply about the status of human beings? Some or all of these questions are answered by a religion’s creation stories. Every religion’s creation myths attempt to give solutions to problems present to that religious society. Because of this, each religion may have one or more creation stories, each of those different from one another in the questions they ask and the answers they give. Genesis In the Western world, the most well-known creation story is in Genesis (Myth A), in the Old Testament of†¦show more content†¦Also in this chapter, man alone was created first, then animals, and then woman – an ordering that goes against that of Genesis I. Also, instead of creating man and woman together, man was created first, from the â€Å"dust of the ground† after which God â€Å"breathed into his nostrils the breath of life.† Then, while Adam was sleeping, God took from Adam one of his ribs and created Eve, or woman. Another difference between the â€Å"two† versions of Creation, more noticeable than the afore mentioned, is in their answer of why man was created. In Genesis I, man was created to rule over all the animals. In fact, a section of Genesis I:26 reads â€Å"and let [man] have dominion over the fish of the sea, and over the fowl of the air, and over the cattle, and over all the earth, and over every creeping thing that creepeth upon the earth.† In contrast, Genesis II:5 claims that man was created because there was no one to â€Å"till the ground.† The variation in each chapter’s answer to why man was created provides differing implications for the status of mankind. In Genesis I, man is supposed to be the supreme ruler, while in Genesis II, man was created merely as a servant of the land. Western religions, when viewing the status of humans, tend to take the first interpretation as indication of man’s role on earth, believing him to be superior t o all other species. Ignoring the inconsistencies, these two chapters seem to complement each other quite well.Show MoreRelatedCosmic Paper978 Words   |  4 PagesCosmic Creation Myths Across Taliah Daniels Hum/105 December 19, 2012 GLORIA PUGLIESE Cosmic Creation Myths Across Regarding Creation Although there are a great number of creation myths that are propagated by people of Chinese descent, virtually all of them acknowledge Pan Gu. Those that due generally state that Pan Gu was the first being and that all existence in the universe—especially the earth and the heavens—is comprised of this being. The general story of Pan Gu begins with hisRead MoreA Comparative Analysis of Hindu and Chinese Creation Myths1165 Words   |  5 PagesRegarding Creation Although there are a great number of creation myths that are propagated by people of Chinese descent, virtually all of them acknowledge Pan Gu. Those that due generally state that Pan Gu was the first being and that all existence in the universe especially the earth and the heavens is comprised of this being. The general story of Pan Gu begins with his conception inside of an egg. In that egg is the yin and the yang, the notion of duality which brings an eternal harmony andRead MoreCreation Myths in the Abrahamic Religions1850 Words   |  7 Pagesbetween construction and creation is this: that a thing constructed can only be loved after it is constructed; but a thing created is loved before it exists† (qtd. in â€Å"Charles Dickens†). Although the creation stories of Judaism, Christianity, and Islam have some differences, the fact that the three Abrahamic religions all arose in the same Middle Eastern area in succession may have had an effect on not only each religionà ¢â‚¬â„¢s beliefs that can be found in their creation myth, but also on their extremeRead MoreDoes Science Explain All?1599 Words   |  7 Pages Then there was light. Then there was consciousness. Then there were questions and then there was religion. Religions sprouted up all over the world as a response to some of humanitys most troubling questions and fears. Why are we here? Where do we come from? Why does the world and nature act as it does? What happens when you die? Religions tended to answer all these questions with stories of gods and goddesses and other supernatural forces that were beyond the understanding of humans. MagicRead MoreCreation Myth Essay1028 Words   |  5 PagesMyth still remains one of the major links that merges the different cultures and religions from various ethnicities. â€Å"The Creation of the Titans and the Gods†, as well as â€Å"The Creation, Death, and Rebirth of the Universe†, are among the many creation myths that highlight these combinations. Throughout history, myths have created various similarities and differences between the cultures and religions of the world. Man – the common principle in myths, illustrates that man was produced exclusivelyRead MoreCreation Myth Essay1019 Words   |  5 PagesMyth still remains one of the major links that merges the different cultures and religions from various ethnicities. â€Å"The Creation of the Titans and the Gods†, as well as â€Å"The Creation, Death, and Rebirth of the Universe†, are among the many creation myths that highlight these combinations. Throughout history, myths have created various similarities and differences between the cultures and religions of the world. Man – the common principle in myths, illustrates that man was produced exclusivelyRead MoreCreation Of Society : Ancient Myths Essay1419 Words   |  6 PagesEnglish 10 Period 1 Ms. Cha 3/23/15 Creation of Society: Ancient Myths The telling of tales is a tradition old as time. Ancient culture from all over the world have folktales and grand stories of their land. Although many of these cultures are divided by language barriers and thousands of miles, they all all share one thing in common: Myths. Myths were told to answer questions that these ancient societies pondered. Although there were many types of myths, creation myths were told to teach values thatRead More Comparing Creation Myths of Ancient Egypt and The Christian Bible1218 Words   |  5 PagesComparing Creation Myths of Ancient Egypt and The Christian Bible Creation in Ancient Egyptian religion can be much different than the creation account taken from The Bible. Genesis has a set description of â€Å"The Beginning† while there are several different versions and variations in Egyptian mythology. The versions range from a â€Å"one god† myth (Ptah; see picture) to the more common creator out of Nun, which in itself has several derivations. The Ogdoad is a grouping of eight gods that existedRead MoreThe Creation Myths Of Mayan And Shintoism835 Words   |  4 PagesCreation myths tell a variety of different stories about how the world began and how people came first to inhabit it. Mayan and Shintoism are two well-known primal religions that describe many creation myths throughout the years. The creation myths in both of these primal religions show how the world and people formed. Though the creation myths of the Mayan and Shintoism people are from parts around the world, they are very different in their essential elements. The creation of Mayans was very simpleRead MoreGreek Mythology : The Creation1373 Words   |  6 PagesGreek Mythology - The Creation: In the beginning of time there was nothing but darkness and chaos but then miraculously a being emerged from the empty void called Erebus and night. All was dark, empty and silent until love was born bringing order with it, light was born along with Gaea, the earth from love. Gaea alone gave birth to Uranus, the sky, and he became her husband surrounding her on all sides. Together they created twelve Titans, three cyclops s and three Hecatonchires (hundred-handed

Supreme Court Expands the Power of Eminent Domain

In its 5-4 decision in the case of Kelo v. City of New London, issued on June 23, 2005, the U.S. Supreme Court issued an important, if very controversial, interpretation of the governments power of eminent domain, or the power of the government to take land from property owners. The power of eminent domain is granted to governmental bodies -- federal, state and local -- by the Fifth Amendment to the U.S. Constitution, under the simple phrase, ...nor shall private property be taken for public use, without just compensation. In simple terms, the government can take privately owned land, as long as the land will be used by the public and the owner is paid a fair price for the land, what the amendment calls, just compensation. Before Kelo v. City of New London, cities typically exercised their power of eminent domain to acquire property for facilities clearly intended for use by the public, like schools, freeways or bridges. While such eminent domain actions are often viewed as distasteful, they are generally accepted because of their overall benefit to the public. The case of Kelo v. City of New London, however, involved a new trend among cities to use eminent domain to acquire land for the redevelopment or revitalization of depressed areas. Basically, the use of eminent domain for economic, rather than public purposes. The city of New London, Connecticut developed a redevelopment plan city fathers hoped would create jobs and revive downtown areas by generating increased tax revenues. Property owner Susette Kelo, even after an offer of just compensation, challenged the action, claiming that the citys plan for her land did not constitute public use under the Fifth Amendment. In its decision in favor of New London, the Supreme Court further established its tendency to interpret public use as the much broader term, public purpose. The Court further held that the use of eminent domain to promote economic development is constitutionally acceptable under the Fifth Amendment. Even after the Supreme Courts decision in Kelo, the vast majority of eminent domain actions will, as they historically have, involve land to be used for purely public uses. Typical Eminent Domain Process While the exact details of acquiring property by eminent domain vary from jurisdiction-to-jurisdiction, the process generally works like this: The property owner is notified by mail and will soon be visited by a government employee, often a right-of-way agent, who will further explain why the owners property is needed.The government will appoint an independent appraiser to evaluate the land and come up with fair price to pay the land owner for his or her land -- the just compensation.The property owner and the government may negotiate to come up with a final price to be paid the property owner. In some cases, a judge or a court-appointed arbitrator will be called in to oversee the negotiation.The owner is paid the agreed price and ownership of the property is transferred to the government. Since the Kelo Decision The Supreme Court’s decision against Kelo and her neighbors set off a nationwide outcry against abusive imposition of eminent domain by local governments. Since the Kelo decision, eight state supreme courts and 43 state legislatures have acted to strengthen protections of private property rights. Multiple polls conducted since Kelo have shown that a sizeable majority of Americans support efforts to change the law to better protect owners of homes and small businesses. In addition, since the Kelo ruling in June 2005, citizen activists have defeated 44 projects they believed represented abusive uses of eminent domain solely to benefit private development over public interests. Today, New London’s economic redevelopment project has proven to be a dismal failure. Despite the expenditure of close to $80 million in taxpayer money, no new construction has been done and Susette Kelo’s neighborhood is now a barren field. In 2009, pharmaceutical industry giant Pfizer, the driving force behind the economic development plan, announced it and its 1,400 promised jobs were leaving New London for good, just as its city-provided incentive tax breaks expired.

Affirmative Action Should Be Banned - 1947 Words

It is quite common to see people in all races study in the same classrooms nowadays, but back to history this kind of classroom was nearly impossible to exist. The reason behind this huge transformation is because of affirmative action. Although there is a heated debate on whether college admission should only be based on students’ merits or minority races. be racial conscious. This debatable topic leads to a question that affirmative action should be banned or not. Affirmative action is necessary during the college admission process, because affirmative action is beneficial for the colleges to become more cultural and racial diverse and minorities can gain greater power in the society and promoting the equality for minorities. What is affirmative action exactly and how it becomes an issue? According to opposing view website, affirmative action is a policy for minorities to have greater chances to attain high education, job opportunities and other areas of life (â€Å"Affirma tive action†,2015). Furthermore, with using affirmative action, many colleges created quotas for minority applicants in order to make campuses more diverse. Many court cases are brought up on this issue, which letting it be on the spotlight. For example, in the case Regents of the University of California v. Bakke (1978), Allen Bakke who was a white male who applied to the University of California, but got rejected. While, he found out that the university accepted some African-American whoShow MoreRelatedAffirmative Action On The Workplace1422 Words   |  6 PagesAffirmative Action in the Workplace Affirmative action for many years has been viciously misinterpreted by many employers and managers that hire new employees. Affirmative action was designed to eliminate any discrimination among qualified employees that were competing for a job. However, in recent years it has backfired and created an entirely new discrimination. This problem arises when companies are told to meet a certain quota for each different race and gender no matter what the circumstancesRead MoreThe Ban On Affirmative Action902 Words   |  4 Pagesresearching why California and other states should uplift the ban of Affirmative Action is establishments like universities. Removing the ban on Affirmative Action would help encourage and advance that generally don’t gravitate towards higher education thus equalizing the playing field in terms of success in future life. So California should heavily consider lifting the legislative bans on the Affirmative Action Plan because although all Americans should be treated as equals, there are instances wereRead MoreAffirmative Action For College Admissions990 Words   |  4 Pages Affirmative action in college admissions continues to be heatedly debated. In 2003, the Supreme Court had ruled in Grutter v. Bollinger that diversity was a compelling interest for colleges to use race in admissions. In the amicus brief that the American Sociological Association et al. provided to the Supreme Court, sociological evidence was presented to elucidate the value of affirmative action. Yet in 2006, Proposal 2 was passed in Michigan to ban affirmative action in public education (Levitsky)Read MoreAffirmative Action For African Americans1478 Words   |  6 PagesOliveira 1 Lucas Oliveira Ms. Alonso English 8 Honors 7 March 2015 Affirmative Action Have you ever wondered why all companies have employees of all races? Affirmative Action sought to give African Americans workers and minorities equal access to education and employment which was previously denied to them. It makes companies and schools give equal access to minorities. Affirmative Action is a topic that has been in government officials minds for a long time. Between 1870-1900, many African AmericansRead MoreAffirmative Action And Its Effects On College Demographics Essay1389 Words   |  6 Pagesto race is a positive liberal act, however affirmative action is evolving into quite a social strain. Colleges that endorse affirmative action are alleviating racial pressures based on college demographics but creating repercussions that are impacting all races and ages. If we continue burying the issues with affirmative action, we will not only be lessening the meaning of education but creating isolation between cultures. The history of affirmative action began on March 6, 1961, when President JohnRead MoreCollege Admissions Vs. Affirmative Action1536 Words   |  7 Pageshave protested the use of affirmative action in admissions decisions because they believe the policy gives an unfair and unearned advantage to minorities (Affirmative Action). Though concerns over the whimsical nature of college admissions may be valid, admissions officers should still consider race as a factor in their decisions because elimination of the affirmative action policy is not an effective way to make the admissions process less arbitrary. Affirmative action has been a topic of publicRead MoreAffirmative Action At The United States1634 Words   |  7 Pagesare looking for, it’s just†¦you’re black†¦Ã¢â‚¬  First established in 1961, Affirmative action (in the United States) was/is a practice in which the purpose is to improve the employment or educational opportunities of members of minority groups and women (Merriam Webster). Fast forward to today’s society and what is affirmative action now? Considering the prevalence of diversity in the workplace and in educational facilities, it should be of utmost importance that all people, regardless of race, are givenRead MoreEducational Benefits of Increasing Diversity on College Campuses1308 Words   |  6 PagesDebate on race becoming more heated many believe that precise action needs to be taken before the twenty-five year timeframe, especially with minority populations becoming larger in areas were racial issues still persist. It is safe to say that Grutter enumerated five basic questions that would determine whether race conscious admissions policies are constitutional. â€Å"(1) Whether the program offers a competitive review of all applications without quotas or separate tracts that isolate minoritiesRead More Affirmative Action Essay561 Words   |  3 Pages The purpose of affirmative action is to ensure equal opportunity for minorities. But it has strayed from its original intent and has become largely a program to achieve not equal opportunity but equal results. It is a system of quotas forced upon American businesses and working class by the federal government. A law which forces people to look at race before looking at the individual cannot promote equal opportunity. Affirmative action continues the judgement of minorities by race; it causes reverseRead MoreAffirmative Action Essay1023 Words   |  5 PagesAffirmative Action Affirmative action has been the federal governments attempt to ensure every American a chance at a good job and financial security. Since its inception, it has been greatly debated and modified to meet the changing times. Advocates of affirmative action say women and minorities deserve government-backed preferential treatment because gains in the workplace still lag behind those of white males. Critics, on the other hand, say preferential privileges have outlived their

The Impact of Innovation on Profitability of McDonald`s - Samples

Question: Discuss about the Impact of Innovation on Profitability of McDonald`s. Answer: Introduction This research proposal intends to analyze the impact of innovation on McDonald`s profitability. McDonalds is a famous food chain around the world. However, the competition for McDonald`s is increasing day by day, as there are several food chains such as- KFC, Dominos, and Subway, which are giving a tough competition to McDonalds. In order to entice the customers, it is important to provide such product or services which are different from the competitor brand. Innovation is one of the ways that can help in providing different product to the customers and gain competitive advantage. The research proposal includes the problem statement which provides detail about the problem which insists to perform the research; aims and objectives of the research, conceptual framework, methodology for research, the budget for the research and organization of research. Problem Statement Competition among the business organizations is increasing day by day. In order to entice the consumers and to enhance the sales and profitability, organizations are adopting innovative strategies and practices(Shukla, 2017). Through innovation, an organization can make changes in the business operations, modifications in products and strategies etc. Innovative products which have different attributes, such as- new taste (food product), new packaging, new design etc. The better innovative product is generally appraised by the customers. The main problem that insists to carry put the research is to study the impact of innovation on McDonald`s profitability. It is important to analyze the impact of the innovation in the product of McDonald`s, to assess whether the innovation will enhance the profit volume or not. Hence to solve this problem, the research will be carried out. Research aim, objectives and research questions Aim of the Research- This research proposal`s aim is to study the impact of innovation on the profitability of the McDonald`s The objective of Research- The objective of the research is related to the research aim. When the objectives of the research will be accomplished, then it will support in reaching the aim of the research( Bougie Sekaran, 2016). The main objective of the research is as follows- Study the McDonald`s product menu. Analysing the impact of innovation on McDonald`s profitability. Evaluating the impact of adding a new product in the menu list of McDonald`s. Research Questions- The research will intent to find the answer to the primary question i.e. - What is the importance of innovation in regards to the enhancement of profitability for McDonalds? The other important questions which are required to be answered through the research are- Will product innovation be helpful for the McDonald`s? Is there any requirement of product innovation Justification and potential output of the research project Justification of research for McDonald`s Technology along with innovation has come up with extreme results for business organisation in terms of their business operation management. In order to manage business activities or operations, there are various innovative ideas or innovative technology has been adopted by business organisations. Therefore innovation in business organisation has become topic of interest for many researchers. The research is important to be carried out as there are a number of benefits of applying innovation in the business. Innovation in perspective to the business organizations can be related to the adoption of the new technology system, strategic innovation, manufacturing innovation etc. This research has an objective to analyze the appliance of innovation and its benefit for McDonald's in terms of enhancing the profitability(Cuellar, 2015). Through this research, McDonald`s will be able to assess the importance of adopting innovation in the product list. Through the research, it can be evaluated that which type of product shall be manufactured by McDonald`s for its customers. As innovation in the product by considering the customer`s taste and preferences, will provide profit to the McDonalds. As effective innovation will help in enhancing the sales and enhancement of sales will lead to profit maximization. The research will also be beneficial for the McDonalds as through the research result, the areas related to the risk for business can also be identified(Kaufmann Ruediger, 2014). Subsequently, strategies could be developed by McDonald's to mitigate those risks which can become a hurdle in adopting the innovation. In addition to this, the other benefits which can be availed through the McDonalds after completion of this research are- improved customer satisfaction, gaining competitive advantage, support and encourage diversity. Potential output of research The expected output of the research is as follows: The benefits of innovation for McDonald`s Risks associated with innovation, that may cause issues for business Preferences of customers, as what innovation they want in the product Overall impact of innovation on McDonalds business Conceptual framework Innovation means adoption of new ideas, strategies for the better mental and for increasing output. It is a very complicated procedure which requires time and effectivemanpower. Innovation is mainly applied to increase the productivity of the company's product and also to increase the profit graph of the concerned. Under this importance is given to improve the quality of the product, goods used in manufacturing, effective use of management, achieving the set goals, customer satisfaction etc. Innovation is a time con process but it immensely helps in expansion of consumers in the market. It is an important aspect for the growth and production(Cuellar, 2015). Under this process, new technologies are undertaken to increase profit and also to satisfy the consumer. Innovation not only helps in the betterment of consumer's live with innovative ideas and effective management. Management's mainly focuses on the consumer. They use to take feedback regarding their products. By this, they come to know whether the existing product needs any change or quality improvement etc. Effective management plays an important role inquality improving the product. Management's main aim to make effective strategies for product modification(LOPEZ, 2015). In context to social aspects, innovation supportsin forming new methods forjoint venturing alliance creation, flexible work hours, joint venturing,and creation purchasing power of buyers'. The two broad classifications of innovation are- Evolutionary innovations is also regarded as dynamicor continuous orevolutionary innovation, which brings about through various upsurge advances in processes or technology. On the other hand, revolutionary innovations which are also known as discontinuous innovations; these are frequently disruptive and new(Wiech , 2013). The types of innovation can be differentiated on the basis of 10 categories, which are: Profit model How the price of the service or product is set by the company in an innovative manner to gain profit. For instance, innovation done by Gillette with razor and blades model. Structure Innovation in the structure of the company. For instance, innovation is done in organization`s structure, such as improvement in the formal structure of the organization to make it flexible( Bougie Sekaran, 2016). Network Innovation can be done by the organization in regards to external relationships and partnerships. For instance, a collaboration of Toshiba with UPS for repairmen of Toshiba laptops. Product performance Developing a new product that comprehends new features. For instance, transparent vacuum cleaner launched by Dyson without any bag. Process Innovation in the process to carry out things in a different manner. For instance, the process of car hire was completely changed by Zip car(Baer, 2017). Product system Innovation in the product system is one of the methods of innovation. It is related with how the product of an organization connects. For instance, a group of independent developers was being used by Mozilla to create its plug-ins and Firefox. Service Innovation related with services, such as value added services or additional support to the clients or customers. For instance, free delivery of products to the customers. Channel This type of innovation is related to the way an organization grasps the market. For instance, Amazon provides a service to users for ordering and downloading Kindle book in less than two minutes. Brand Innovation in context to the brand is related to the promise made by the company. For instance, many companies make a promise that their customers will not be disappointed with the product or services(Beard, 2014). Customer Engagement Another innovation is related to the engagement of customers. For instance, the experience of clients is used to be valued and the emphasis is given on providing a pleasant experience to the clients with innovative manner. It is confirmed that an organization can pursue innovation in every single structural function for e.g. in HR, Marketing, Sales, and Operations.As a result, each and every department might have distinct innovation metrics and objectives.In short, everything can be innovated; however, it needs a creative idea and some resources. Conceivably it is more supportive to state that innovation is of two type successful and unsuccessful. Innovations related to successfulness facilitates in improvising value for the business in addition to the customers. Unsuccessful innovation does not provide value to the customers and to the business. Successful or unsuccessful innovation differs by industry, on the other hand, in general, the launch of new products majorly fails to come across their objectives. Innovation is almostplacing an approach or idea into action. Innovation can be generally described as' effective exploitation of ideas in a commercially way'. Positive innovation mainly concerns about forming oradding value. Innovation can be done through: improvising existing products, services or processes or (process innovation), or by producing new products, developing services or processes of value, which has not been in existence earlier (product innovation). Innovation can originate through many practices: Refining or changing business processes in order to upturn competence and efficiency, or to empower the business to prolong the range of existing products or services. Manufacturing a new product or developing a service may facilitate the business in meeting the requirements or demands of the consumers. Beside this, it may also facilitate in creating value to for existing services or products. Innovation also helps the business organization to compete with the competitors; as by offering an innovative product or services organization may gain competitive advantage(LOPEZ, 2015). In whatever manner innovation is carried out, it intends to a creative process. The concepts or idea for innovation can come from several ways, such as- Inside the business for e.g. from sales staff, in-house designers, employees etc. Outside the business- for e.g. media reports, customers, market research insights, suppliers, or from contacts at research organizations The successful idea for innovation derives from purifying those several ideas, classifying those ideas in such a manner that the business will lay emphasis on and smearing funds and assets to exploit them. Benefits of innovation- Innovation offers a large number of benefits for the business organizations, such as: Increase in profit margin Product differentiation Satisfying needs of consumer Markets development Personalized services Product expansion Retaining or upturn in market quota Securing a market strategic position New business prospects Rise in competitive advantage Use of economies of scale. Risks in innovation Besides the benefits, innovation also brings risk for the business, such as- Product may not be accepted by the market; Innovation requires high investments, which may be not paid back for the duration of the product lifecycle(Cuellar, 2015). While innovating a product or service, it requires excessive deliberation of resources. In case, attention is not paid to the resources then while the innovation process, then wastage of resources may occur; which is a risk for the business. When the innovation is carried out in a partnership, then there is the possibility of transfer of risk to a certain partner. Company becomes dependent particularly on the new product Innovation is not at all times what is required by the world. Many innovations are not being valued by the customers, and this resulted as insolvency of business organizations. The organizations which failed due to innovation are not recognized by the individuals, however, the successful innovations bring positive impact on business(Kaufmann Ruediger, 2014). The scarcity of innovative ideas in the business organizations is not there. As employees working in an organization have new ideas that may bring success in a particular or whole area of business. However, it is up to the management, whether to accept the innovative idea or not. Stick on an old concept in perspective to the business is not always good. As consumers need some change in the product or services, and this need of consumer can be fulfilled by offering them a new product or service(Beard, 2014). Employee`s ideas or concepts shall be considered as a suggestion, as it may help the business organization to gain success. Management shall determine a collaborative approach to make decisions regarding innovation and to move ahead from one phase to the next phase of the innovation process. This could be done by involving employees from different departments of the organization, as well as concerning the consumers. Involvement of employees are important as an innovation can also impact on the employees performance and other aspects(Baer, 2017). Therefore, in order to persist, business organizations must develop, and must innovate its processes. The role of management in context to supporting innovation should be: Providing suggestions to employees regarding innovations and helping them to assess the areas which require innovation. Hiring applicants who are creative and have potential to actually innovate(LOPEZ, 2015). Displaying flexibility in context to the allocation of resources for innovation. Showering reward to employees, who have given a best innovative idea. Innovation by the business organizations shall also be done by considering the needs and demands of the customers. As business organizations have an objective i.e. satisfying the needs of customers. For instance, by satisfying customer`s demand and needs, sales can be escalated and this in ten will facilitate in an upsurge of profit for the company. Hence while developing an innovative product or service, it is important for the business organizations to analyze the needs, preferences, and demands of the customers. The product shall be developed accordingly(Jajaee, 2012). In order to deliver value, it is important for innovators that they should consider that all new ideas or concept are not certainly good. It shall be acknowledged by the management that their clientele may be superior judges of the subsequent best thing (i.e. innovative product). For each and every organization, the meaning of innovation is different. As for an instance, the organizations which have a profit-based motive, consider innovation as a magic wand; which intensifies profitability for the business. Methodology The nature of research is qualitative. Hence, the qualitative research methodology will be followed for collection of data and analyzing the data. Universe- The universe for the research from which the sample will be taken is customers of McDonald's in Australia. Sample- Sampling is the process in which total population is divided into some manageable numbers and on which data collection technique will be applied. The number of samples for the research will be 500 customers of the McDonalds in Australia. Individuals who use to visit McDonald`s on a regular basis will be approached for the research, this will help in gathering relevant data for research. Sampling technique- There are many sampling technique that can be used to divide total population and then select sample from the same. There are simple random sampling, stratified simple sampling and many other many other. In this research, in this number of samples is going to be selected or taken by using simple random sampling technique. Regular customers of the McDonald`s will be selected on the random basis( Bougie Sekaran, 2016). Approaching this sampling technique will be supportable for the research; a number of respondents can be selected randomly without any biases. Data collection- The data will be collected through primary methods of data collection. There are a number of methods that can be approached in order to collect the data but in this research we will be using collected from survey or questionnaire. The collected data is used to be analyzed in order to reach the conclusion. Survey technique will be used to collect the data(Olsen, 2011). In the survey, a questionnaire will be prepared to gather the data from the respondent samples. The questions will be linked with the research question, so that objective of the research could be accomplished. The data collected through the survey will be asserted in order to get relevant information which can be analyzed through data analysis procedure. In questionnaire, both closed ended and open ended questions will be asked in questionnaire. Data analysis- Collected data will be analyzed through statistical measures. The data will be collected in descriptive form; however, there will be some figures that could be analyzed through applying statistical techniques( Wetcher, 2011). This technique will be approached, as statistical analysis provides better results when a number of sample respondents are more. Organization of the study, project budget, and schedule Organisation of study The research will be organized in the manner stated below- The chapter first- It is related to the introduction of research. Chapter second- It will provide a detail information about the research problem. Chapter third- It figures out the objectives, aims and the questions of the research. Chapter fourth- It includes the justification for the research, besides the potential outcomes of research. Chapter fifth- It includes the conceptual framework for research i.e. literature review Chapter seventh- It comprehends research methodology which includes sampling technique, data collection method, and data analysis. Project budget In this section of undertaken research on McDonalds, cost estimates will be made. In every research activity there is some cost or expenses are involved and all of these cost or expenses come under the ambit of project budget. The cost which will incur on the research is stated below: S. No. Activities Cost (AUS$) Expenses Justification 1 Conceptual framework $ 500 Expenses will incur on finding literature relevant for the research. 2 Preparation of Questionnaire for survey $ 800 To gather data, questionnaire will be prepared with the help of an expert. An amount of $800 will be incurred on paying the fees to the expert for his or her service retendered in designing questionnaire. 3 Analysis of data $ 1600 The collected data will be analyzed through the statistical measure, and this analysis will be made by a statistical expert. In order to get the services of the statistical expert, $1600 will be incurred. Total budget for the research $ 2900 The total cost for the research is an estimation which may vary from the cost that will incur in real to complete the research. Overall cost that is required to be incurred on the research is $ 2900. Project schedule Activities Initial date of Activity Activity will be competed on Total duration for achievement of activities Detailed Problem Statement 09/01/2017 09/04/ 2017 4 days Research aim, objective and question 5 September 2017 7 September 2017 3 days Project Justification 8 September 2017 9 September 2017 2 days Potential outcome of research 10 September, 2017 14 September, 2017 5 days Conceptual Framework/Literature review 15 September 2017 22 September 2017 8 days Research Methodology 23 September 2017 26 September 2017 4 days Total days took to complete the activities - - 26 days Gantt chart References Boeije, H. R. (2009). Analysis in Qualitative Research. SAGE Publications. Bougie, ., Sekaran, U. (2016). Research Methods For Business: A Skill Building Approach. Wiley. Engel, U., Jann, B., Lynn, . (2014). Improving Survey Methods: Lessons from Recent Research. Routledge. . Fowler, F. J. (2009). Survey Research Methods. SAGE. Israel, D. (2009). 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Retrieved from https://blog.clientheartbeat.com/why-customer-satisfaction-is-important/ Bocarnea, C, M. (2012). Online Instruments, Data Collection, and Electronic Measurements. IGI Global. Cuellar, J. (2015, 11 19). What Are the Advantages and Risks of Product Innovation. Retrieved from www.blog.innocellence.com: https://blog.innocellence.com/2015/11/19/what-are-the-advantages-and-risks-of-product-innovation-and-how-can-a-digital-innovation-consultant-help/ Jajaee, S. M. (2012). Service Quality, Customer Satisfaction and Loyalty. Lap Lambert Academic Publishing GmbH KG. Kaufmann, Ruediger, H. (2014). Handbook of Research on Managing and Influencing Consumer Behavior. IGI Global. LOPEZ, J. (2015, 6 29). Types of Innovation. Retrieved from www.techblog.constantcontact.com: https://techblog.constantcontact.com/software-development/types-of-innovation/ Nielson, J. (2013, 10 10). The Four Types of Innovation and The Strategic Choices Each One Represents. 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