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Wednesday, September 2, 2020
Business Activity Bio Sustainable Feeds Ltd
Question: Examine about the Business Activity for Bio Sustainable Feeds Ltd. Answer: Presentation The examination is on an Australian based bioresearch firm named Bio-maintainable Feeds (BSF) Ltd. The organization recorded on the Australian Stock Exchange. The organization has been occupied with reasonable aquaculture for recent decades. One of its exploration dependent on plant-based feeds crumbled. This exploration had cost the organization an astounding 360 million AUD dollars. The high worth species neglected to flourish. It was focused on that the plant based fish feed were changing over 10 kg of low worth fish into 1 kg high worth fish. In any case, the genuine transformation pace of fish-based species was that 30 kg of low worth fish changed over into 1 kg of high worth fish, which was multiple times lesser than anticipated. Furthermore, the withering pace of fishes was a lot of lower if there should be an occurrence of plant based (Rust et. al, 2011). There was almost twofold developing rate. Likewise, the developed fishes were 60% littler than those created from fish bas ed strategies (CBC, 2016). Earthy people as terrible tested the previously mentioned issue. They consider that developing extravagance species at the expense of human quality food crops isn't acceptable (Piedrahita, 2003). It is similarly as terrible as occupying low worth fishes into a creation procedure where it advantage the rich and influences poor people, with expanded dangers of unhealthiness and starvation additionally somewhat (Dan, 2005). So as to submit to natural laws and advantages, BSF Ltd started the exploration of microscopic organisms to create fish takes care of from wood chips, sugarcane buildup, or recovered methane gas. This exploration was somewhat valuable. BSF had just burned through 160 million AU dollars towards research, and the 200 million AU dollars, towards advancement proposed to be spent by it in carrying it to the market. BSF Ltd granted an award of 500 million AU dollars from Commonwealth Scientific and Industrial Research Organization (CSIRO, Federal Government of Australia) d epending on the prerequisite that it will spend at any rate 100 million AU dollars for every year on elective water culture takes care of (Rust et. al, 2011). BSF got the award sum in 2013 and has from that point forward burned through 500 million AU dollars on exploration and proposes to spend another 200 million AU dollars being developed throughout the following two years, devoted towards build up an elective aquaculture from the examination done work date by it (Lothe, 2013). The net estimation of the patent will be 700 million AU dollars whenever sold in two years or 200 million AU dollars for each year whenever created and sold. Steps to consider before an Audit Prior to a review, it is the inspectors duty to break down all the upsides and downsides of the review task. The idea of review task, the dangers engaged with taking up the task, the advantages, the duties appended to, everything must be investigated before settling on whether to take up the task or not. There are various things to remember before consenting to take up a review task. At the point when a task for review comes to n reviewer, the principal thing he should check is at any rate his past three years ofaccounts and compliances. Regardless of whether the organization has solid consistence, determined in its obligations towards its partners, the administration ought to address the past examiner assuming any. If there should arise an occurrence of BSF additionally, the examiner ought to do likewise (Griffiths, 2005). Understanding the idea of business is another urgent movement. The reviewer should do broad examination and exploration n the idea of the matter of the customer a nd all the legal standards, guidelines, laws and by-laws pertinent to it. He ought to know about the guidelines that quandary the organization. The reviewer of BSF Ltd should attempt to increase full information on all the laws and by-laws overseeing the organization and its guidelines, which is the essential of any review (Lothe, 2013). The evaluator must demand the organization to give its compliances and records to the most recent three years preceding the current year. This implies the evaluator ought to have a solid consistence beware of the archives and afterward give the choice in any case deceiving data anticipated. This will make a solid lopsidedness that will influence the smooth direct. In the wake of getting the equivalent, an evaluator should quickly check them so as to survey whether the specific organization has been extremely compelling and determined in satisfying its obligations for the improvement of its partners like financial specialists, partners, loan bosses a nd so forth any natural effect of the business surveyed (Ruhnke Lubitzsch, 2010). All the guidelines concentrated to know whether the organization is occupied with any sort of action that can upset human lives, vegetation, or fauna (Fazal, 2013). The reviewers of BSF Ltd ought to break down whether the exercises of the organization are profoundly problematic to nature. Condition issues are a reason for significant discussion and in such manner, the inspector must lay uncommon accentuation. Likewise, when an organization gets extraordinary awards and advantages from an association, it is its ethical obligation to utilize the cash for just the reason for which the award has been gotten (CBC, 2016). Consequently, the evaluator should check the reasonable play of exercises of the organization. This causes the organization to achieve success through legitimate methods and suggests consistence has been done perseveringly. Characteristic, Control Detection Risk A business movement is interchangeable to hazard. Every business is powerless against hazard and rivalry in the current situation. Be that as it may, the board of hazard is well settle if the administration is solid and have the ability to turn away the dangers. Diminishing the hazard is significant as it prompts long haul benefits. Significantly after cautious arranging, a few dangers are characteristic. A natural hazard is the hazard related with the business be it any sort of business. It is intrinsic in nature and that the business needs to manage it. It is a typical marvel and along these lines should be tackle viably. It is the danger of taking up doing any type of business and approaching the thought and forming it into the real world and executing the thought. A characteristic hazard is available b it any sort of business. Control chance are the dangers of a business which can't be relieved even by taking due perseverance. Disposal is impossible totally due the inalienable da ngers of the kind of business (Ruhnke Lubitzsch, 2010). These dangers happen in light of the fact that customers framework neglects to forestall. Identification chance is the hazard which can't be recognized considerably after due consideration is taken. On the off chance that the inalienable danger of the business 90%, it is profoundly likely that the organization is engaged with significant level of examiner exercises and sureness is low (Roach, 2010). In this situation, the inspector can take up the task however should be extra cautious about it. The control chance being 5%, there are chances that there will be less escape clauses in the inward controls of the administration. The location dangers being 80% infer that significantly in the wake of taking due consideration, there will be elevated level of hazard which will stay undetected. The purpose for such disappointment is the predominance of natural dangers in the business. These dangers connote the escape clauses in the best possible administration of the organization in forestalling dangers (Ruhnke Lubitzsch, 2010). Calculation of Audit chance (recipe): Review Risk= Inherent Risk*Control Risk* Detection Risk Therefore, Audit Risk for BSF Ltd. = 0.9 * 0.05 *0.8 = .036 that is worthy. In this way, the examiner can take up the review of BSF Ltd. Incorporation in the Audit Program The review program of BSF Ltd. ought to contain both general and explicit things that will guarantee a general inclusion of the review. The general arrangement ought to be on realities, for example, understanding business nature, laws that oversees the organization and sort of business. In addition, accentuation requires on partners designated for the review, the degree of information on the partner so assigned, the base degree of care to require dealing with the exercises, the subtleties of the working of the organization (Bowlin, 2011). The particular plans ought to be the ecological laws that oversee the exercises of the organization, the measure of award utilized and its methods of utilizing the award. Care is necessitated that the award is use for the reason for the principle reason. Diary Entries of the RD exchange The innovative work use of the organization promoted uniquely up to the time the organization doesn't begin its tasks. Going of the diary sections done so that the sum is promoted uniquely to the time the organization has started its activities. Hence, the entire of the examination costs of 160 million AU dollars charged to the expense of patent. What's more, if the organization finishes it improvement costs before initiation of business it can charge the entire of 200 million AU dollars to its patent expense. Nonetheless, on the off chance that it initiates business previously or in the middle of its turns of events, it will have the option to charge just that part of the improvement expenses to the patent that it brings about before the beginning. Since the award granted to the organization is of capital nature, it is charge against the capital costs charged to the patent cost (Messier, 2005). Installment RD A/C Dr. 500 To, Bank A/C 500 Capitalization Patent A/C Dr. 500 To, RD A/C 500 Consistently back up of cost is absent, the thought accomplished for whole 2015. Beginning of the procedure of amortization from 2015 end in light of the fact that the exploration, just as cost done and patent promoted. 5 years patent cost amortization = 500 million/5 = $ 100 million each for a long time. Amortization Patent (Amortization) Ac Dr 100 To, patent Ac 100 Exercises being socially mindful and natural benevolent The companys aquaculture exercises are without a doubt towards expanding the nature of marine produce and size and nature of fish. Be that as it may, there has been a protest from the earthy people in this respects. The complaint was that the redirecting of human-quality food crops into high worth extravagance crops is awful (Asche, 2008). T
Saturday, August 22, 2020
What Is Nsa Device
System ATTACHMENT STORAGE Renika L. Whaley NT1110 Mr Dameon Hagler What is a NAS gadget? A NAS is hard circle stockpiling that is set up with its own system address instead of being joined to the office PC that is serving applications to a networkââ¬â¢s workstation. What is the speed of the system connector accessible on a NAS DEVICE? The speed is ordinarily one gigabit Ethernet association yet this can be changed to different gigabit, 10 gigabit, fiber optic by including a PCI-e arrange card(s). More seasoned parts can be utilized which might be restricted to 10/100 megabit.If you need a careful response for speed, essentially take a gander at the wiki on gigabit. What is the Capacity Range? The limit run again fluctuates; with port replication and extra hard drive controller cards there is not really a breaking point on size. A board with 6 SATA ports can be repeated (1 to 5 port) taking into consideration 30 drives to be joined. Is there any adaptation to non-critical failure ( such RAID) incorporated with a NAS gadget? As adaptation to non-critical failure, assault 50 is genuinely steady whenever set up accurately, strike 10 has been touted as probably the best arrangement since more drives can flop at once without information loss.All of those highlights can be utilized on common NAS gadgets. Are the board highlights accessible? Indeed Speculate on why a client would need to utilize a NAS. For instance, what might be the benefit of all family photographs and recordings being put away on a NAS in a family where the guardians and kids all had their own PCs? NAS is arrange allotted capacity separated from some other frameworks joined to the system. There are a great deal of contemplations: 1. Force utilization. All clients may shutdown their PCs. A few people fabricate NAS from molecule sheets and different things for their low force qualities. ) 2. Continuously on accessibility. For whatever length of time that the system is up and the NAS is working, it i s consistently accessible paying little heed to what PCs are on/off the system. 3. Incorporated Storage for reinforcement. In the event that a PC should be revamped or cleaned, you can push documents and reinforcements and reestablish from a similar area. 4. Financially savvy. Introducing a RAID 1 in every PC (Mirror drive) would cost more and utilize more stockpiling than maybe a RAID 5 in the NAS with different PC's.This may apply more to workplaces than for instance a little home with 2-3 PC's. 5. Excess. Most PCs work a solitary drive (cost thought) or on execution contemplations (RAID 0 and so on ) more so than dependability. NAS are normally arrangement for excess if there should arise an occurrence of drive disappointment (RAID 1,5,6 and the different stages. ) 6. Lower need information. This doesn't generally apply, yet lower need information can be moved to another area (for instance, VM Images). They occupy extra space, yet a client may not need this to occupy higher need room.
Friday, August 21, 2020
Brave New World Essay Example for Free
Exciting modern lifestyle Essay In the novel, Brave New World, the idea of class in the public eye was essentially foreordained by the legislature. By and large, everything about of the peopleââ¬â¢s lives, for example, birth, development, and passing is constrained by government-controlled innovation. The administration controls life by cloning a large number of human incipient organisms in an office called the Central London Hatching and Conditioning Center. After the cloning procedure, the incipient organisms are controlled to turn out to be completely developed people and isolated into the various classes of the societyââ¬â¢s rank framework, to be specific, Alpha, Beta, Gamma, Delta, and Epsilon. The people having a place with the Alpha class are the most mentally and truly created ones and are adapted to turn into the pioneers of the World State while the others are less evolved and have minor jobs in the general public. The Beta class are likewise adapted to be scholarly individuals however don't groups indistinguishable aptitudes and knowledge from the people in the Alpha class. Then again, the people having a place with the Delta and Gamma classes are basically laborers for the higher classes. Finally, people in the Epsilon class have practically zero insight and just perform modest work. Besides, in the novel, there is likewise another class which is included ââ¬Å"exilesâ⬠of the general public. This class is fundamentally disconnected from the remainder of the world as it is situated in a region called ââ¬Å"The Savage Reservation,â⬠which is where all the things that are absent in winning society, for example, marriage, characteristic labor, religion, despite everything exist. Essentially, these different ideas of class in the novel can be identified with the various classes of society and the general thoughts of accomplishment and disappointment in present day America. In Americas contemporary setting, the various classes of society can be separated into three: the high society, the white collar class, and the lower class or the rich, the normal, and poor people. When contrasted with the rank framework in the novel, the privileged is the Alpha class, the white collar class is the Beta class, and the Delta, Gamma, and Epsilon class are the lower classes. For instance, in the cutting edge setting, individuals who do humble work like the people who have a place with the Epsilon class in the novel, are the ones who for the most part didn't complete school because of different reasons, for example, neediness. This condition is fundamentally viewed as a ââ¬Å"failureâ⬠in contemporary America as the individual can't go up the positions in the public eye. Also, the state of this sort of individual will be given to people in the future except if their kids can conquer their fundamental obstruction, which is destitution, and get decent instruction. The equivalent applies to the Epsilon class. As depicted in the novel, the Epsilon class is the most minimal class in the standing framework who have next to zero insight, which can be deciphered in current America as need or powerlessness to get decent instruction. Conversely, individuals who had the option to get average training and have an unobtrusive way of life is like the Beta class in the novel as both for the most part appreciate a maintainable measure of progress. Nonetheless, there is next to zero possibility that individuals having a place with the two classes would additionally go up societys positions. Then again, individuals who are rich and persuasive like the people who have a place with the Alpha class as depicted in the novel for the most part wind up possessing multi-million organizations or winning top government posts. At the end of the day, these are the individuals who control an enormous piece of society. Notwithstanding, the fundamental distinction between the rank framework in the novel and the cutting edge idea of class in America is that the previous was constrained upon by others while the last was definitely not. To put it plainly, the individuals who have a place with various classes in todays society consistently have the opportunity to coordinate their own lives while the people who are separated by the
Tuesday, May 26, 2020
Tips On Writing Papers
Tips On Writing PapersAs students, it is important that we are writing papers to master the course material. You will feel ashamed if you do not submit your work on time. If your assignments are overdue, you will be facing dire consequences such as withdrawal of course credits and lower grades in class. Therefore, it is essential for you to develop a well-organized system to write papers efficiently.o Start with a sample text or some assignment materials to get started. You can prepare paper outline using these samples. This outline will give you an idea of the structure of your paper. It will help you organize the content that you will include in your paper.o Copying and pasting are not advisable for you. You need to rearrange your sample, which you may have used in previous assignments. Also, copy the sequence of paragraphs. When writing papers, one should avoid using sentences, paragraphs and/or main body of the papers.o Your mind should be guided by the teacher's guidance. You mu st be sure to follow your teacher's instructions to write a perfect paper. There are some general guidelines that can guide you as a student.o Students make common errors in grammar, spelling and punctuation. They tend to avoid these mistakes, thinking that they are easy to correct. However, they are often overlooked and can lead to a whole lot of embarrassment. So, avoid these mistakes. Correct it when you see it.o Remember to start with your own personal style of layout. If you come from a different background, try to follow your favorite books or story. Remember to avoid repeating the same words. Use language that is vivid and interesting.o Most students commit the most common mistakes while writing papers. They tend to rush the process, rather than making it neat and orderly. This can easily spoil the quality of the paper. You should exercise caution and avoid rushing.
Saturday, May 16, 2020
Intern At Anslow Bryant Construction - 1330 Words
Introduction The purpose of this final report is to summarize my experiences as an intern at Anslow Bryant Construction, Ltd. I will discuss the internship orientation and preparation, activities and experiences, and the application of technology. I will continue on to the energy and environmental awareness, and sustainable construction, and communication shill enhancement. I will conclude this report with legal and ethical issue awareness, lessons learned, and the overall assessment and recommendations of the internship. Internship Orientation and Preparation The internship orientation was a three day process. The first day was spent with the human resource department reviewing the employee handbook and completing employment forms. I took a tour of the office and was introduced to the project managers, estimators, administrative assistants, and the IT department. I was taken out to lunch by the same managers that interviewed me at the career fair. The second day was designated for safety. I watched an OSHA video and reviewed the companyââ¬â¢s safety manual. Once I completed the video and read through the manual I was able to receive my PPE. Typically on the second day of the orientation, the safety manager takes the new employee to visit a jobsite to view safety hazards and proper safety practices. Due to poor weather conditions, I was unable to attend the safety site visit. On the second day I was scheduled to go to lunch with the executive team. The third day of orientation
Wednesday, May 6, 2020
Organizational Commitment - 3903 Words
ââ¬Å"A study on the role of perceived organizational support and job satisfaction on organizational commitment with reference to employees in Wellfit Auto Industries. ââ¬Å" Table Of Contents Introductionâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.7-8 Company profileâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.9-10 Review of literatureâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..11-18 Research Methodologyâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..19-22 Analysisâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦......22-31 Findings, Suggestions amp; Conclusionâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦32-34 Bibliographyâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.35 EXECUTIVE SUMMARY In todayââ¬â¢s work scenario where organizational commitment is diminishing day by day and job hopping is more common, the organization needs to identify what make their employees tick, satisfiedâ⬠¦show more contentâ⬠¦This is fulfill the demands of bulk orders in the Middle East and other parts of the world with the starting of this new factory at Cochin which has already began the mass production and export. With all the facilities, skilled manpower and hi-tech machineries they are expected to have a boost in the overall production and exports simultaneously from Dubai and Cochin to different parts of the world. Strengths: * One of the largest manufacturer and exporter of Automobile seat covers in the Middle East amp; India * About 20 years of experience in the field. * One of the rare companies in the world in similar category who obtained IS0 9001-2000 certifications * Products are well popular and available in the entire U.A.E and AGCC auto products market. CHAPTER 2 REVIEW OF LITERATURE REVIEW OF LITERATURE Michael P. Oââ¬â¢Driscoll and Donna Randall in the article titled ââ¬ËPerceived organizational support, satisfaction with rewards, and employee job involvement and Organizational commitmentââ¬â¢ have conducted the study on diary workers in Ireland and New Zealand. They have found that perceived organizational support is significantly linked with job involvement and affectiveShow MoreRelatedOrganizational Commitment Of An Indian Organization From The Private Sector1662 Words à |à 7 Pagesexplore Organizational Commitment in an Indian Organisation from the Private sector. OC is an extensive research topic in the field of OB and has been studied by various researchers as a variable related to behavior and performance of employees (Allen and Meyer, 1990).The employees were assessed on the three component model (TCM) employee commitment survey (Allen and Meyer, 1997). Based on the Three-Component Model (TCM) of commitment (Meyer Allen, 1991;1997), the TCM Employee Commitment SurveyRead MoreOrganizational Commitment and Communications Paper1151 Words à |à 5 PagesOrganizational Commitment and Communications Paper Jennifer Watson COM/530 Communications for Accountants Allen Sutton July 4, 2011 Organizational Commitment and Communications Paper The selected organization is Walt Disney Company. In this paper the subject to discuss is how different leadership styles affect group communication, analyze different sources of power and the affects on group and organizational communication, identify the motivational theories effective within the culture ofRead MoreOrganizational Commitment and Communication Essay890 Words à |à 4 PagesOrganizational Commitment and Communication Paper Many factors within an organization can affect group and organizational communication. Different leadership styles could affect group communication. 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Given the organizational structure ofRead MoreCase Analysis: Employee Attitudes710 Words à |à 3 Pagesto boost employee morale and productivity. One of the methods used include Schwartzââ¬â¢s 10 values that guide a personââ¬â¢s behavior. Another method used is affective, cognitive, and behavioral components that influence behavior by increasing organizational commitment. Increasing employee involvement is also important to management. Ajzenââ¬â¢s theory of planned behavior can be used by managers to increase employee performance during a recession. Schwartz proposed that there are 10 values that guideRead MoreThe Effect Of Organizational Culture And Leadership Style On Staff Commitment Essay9502 Words à |à 39 Pages THE EFFECT OF ORGANIZATIONAL CULTURE AND LEADERSHIP STYLE ON STAFF COMMITMENT WITHIN SMEââ¬â¢S IN GHANA WITH JOB SATISFACTION AS A MEDIATOR. ââ¬Æ' CHAPTER ONE GENERAL INTRODUCTION 1.1 Introduction The outline of this chapter is as follows: the background of this study is first explained; the justification for and relevance of this study to SMEââ¬â¢s in Ghana follows; the underlying key concepts of the research conducted study are presented as the research problems; the research objectives, researchRead MoreEvaluating Safety Culture And Sms Implementation1399 Words à |à 6 Pagessucceed. What is difficult is how to measure or assess the safety culture currently present in that organization. What one can do to assess whether or not a company promotes a positive safety culture is to look at 6 critical components: organizational commitment, managerial involvement, employee empowerment, accountability system, communication and a reporting system. A successful company with a positive safety culture will consist of the majority of the aforementioned components. Without these elements
Tuesday, May 5, 2020
Fast Food Chain in Queensland-Free-Samples-Myassignmenthelp.com
Question: Discuss about the Opportunities and Threats for the Fast Food Chain in Queensland. Answer: Introduction The awareness regarding the consumer health has transformed the Australian food industry drastically in last few years. The demands of the industry are much focused on promoting the health awareness and nutritional contents mixed with the fast food (Shill et al. 2012). It is increasing consciousness among the customers that influence their food habits much significantly. In spite of generating more revenues from sales, the external influence is also affecting the fast food chains. Especially, in Australia, the competition among the fast food chains is the much considerable threat (Rutsaert et al. 2014). The study would thus analyze the recognizable opportunities and threats with the special reference to the famous food chain, KFC in Queensland, Australia. The identification of the underlying problem would provide the in-depth insight related to the subject matter. The application of the suitable methodology and analyzing the underlying literature would be beneficial for conducting th is research. Background The fast food chains in the Australian market have the significant opportunities to grow. In last few decades, the continuous growth in the fast food market has set the parameter higher. Accordingly, the expectation level of the customers grew higher. By keeping pace with such higher expectations, the market has become much competitive (Hawkes et al. 2015). The associated threats and opportunities are the major focuses of every fast food chain located in the Australian cities. On one hand, it has been observed that the teenagers are quite fond of consuming the fast foods whereas they are becoming more health conscious as well. Hence, these fast food chains have been experiencing both the opportunities and threats. It has been observed that McDonalds has established the dominant position in the market. The identification of the market will reveal the major opportunities and threats in the fast food industry (Richards, Kjrnes and Vik 2016). On the other side, the competitive scenario i s also much specific that creates more obligations in establishing the strengthened and sustainable position (Powell, Harris and Fox 2013). For example, McDonald is the market leader in Queensland among the fast food chains. Hence, the other fast food chains are literally acing tough competition from this company. In order to deal with such threats, the fast food restaurant chains need to look forward to adopt more innovative business techniques, promotional strategies, pricing structure and food variations for attracting the customers (Garcia et al. 2014). The further study would highlight these specific areas while presenting the elaborated discussion regarding the significant threats and opportunities in Queensland market. In the year of 1968, KFC opened the restaurant chain in Sydney, Australia for the first time. Eventually, the business started growing in a significant manner and started serving over 2 million customers in a week. Gradually, the store numbers grew over 600 across the Australian cities. Thus, the company became one of the largest food chains in the country (Kfc.com.au 2017). Customers can even order the food from KFC through online mediums. In addition to this, the effective promotion strategies are attractive enough to draw the attention of the potential customers. In spite of such enormous opportunities, this food chain has been experiencing significant threats from the largest food chain McDonald (Hatch 2017). The direct competition with McDonalds is quite challenging for the company to maintain long term sustainability. The further section of the study would provide the ideas of the threats and opportunities faced by the company. KFC in Queensland (Market Profitability) In Australian cities, it is reported that Collins Food has owned Sizzler and KFC Restaurants. It is informed this food chain could gather the most profitable revenues due to the KFC food chain in Queensland and other cities in Australia. The report highlights that these two restaurants have earned before taxes, interest, depreciation, and amortization of almost $74.6 million. As a result, the Financial Year of 2015 experienced the significant growth in revenue that was near about 0.5% or $574.3 million (Ausfoodnews.com.au 2017). It has been observed that the KFC has acquired the Northern territory and Western Australia and continued improvements in current business market. However, KFC is more fascinated about expanding the restaurant chain throughout the country and earn more revenues that are profitable for the company to strengthen the competitive position in upcoming years. Problem Identification It is notable that KFC has established their stores in different cities of Australia. The increasing demands of the fast food products among the customers are quite favorable for the business. It has been observed that McDonalds has established the dominant position in the market (Suwardy and Ratnatunga 2014.). The identification of the market will reveal the major opportunities and threats in the fast food industry. However, from the last few decades, the customers of Queensland and Sydney have been complaining about the poor quality of the meals. Moreover, they have gathered information about the preparation of the chicken meals, the preservation, the processing, and the ingredients. The customers find it much unhealthy and unhygienic to consume these foods (Richards, Kjrnes and Vik 2016). Apart from such quality issues, KFC has been facing more challenges due to the significant promotions, product quality, and market share of McDonalds. Research Aim The aim of this research is to identify the potential opportunities as well as threats experienced by KFC in Queensland. The study would also attempt to recognize the market acceptability in terms of quality and price of the fast food items of KFC. Research Objectives To identify the market opportunities and threats of the fast food chains in Queensland To critically analyze the significant opportunities availed by KFC in Queensland To discuss the impact of the potential threats for maintaining long terms sustainability of KFC in Queensland To present some preferable recommendations for overcoming such challenges Project Scope The study would provide the insightful ideas about the potential threats and opportunities faced by the fat food chains in Queensland. The study also would present the reference of KFC to analyze the subject matter. The information gathered from this case study would be used as the secondary source for the similar studies in future. The ideas developed related to the threats and opportunities would be much helpful in understanding the demands of the business scenario for maintaining the long term sustainability. Literature Review The literature study provides the theoretical ideas related to the subject matter. The literature review would provide the conceptual ideas about the potential threats ad opportunities of the fast food chains by constructing the theoretical background (Herath 2014). The study would also present the research gaps by comparing and contrasting the sources. Fast Food Industry in Australia The fast food industry in Australia highlights the market dynamics by introducing the potential competitors. It is necessary to identify the major factors that have the clear influence on the industry. It has been observed that McDonalds has established the dominant position in the market. The identification of the market will reveal the major opportunities and threats in the fast food industry. The article presented by OECD implies that the fast food chains are facing more challenges due to the enormous competition level. However, on the contrary, Johnson (2014) argued that the customers prefer the food chain that can provide the high quality meals. The concerns related to the healthy aspect are also much noticeable in the fast food industry. The application of porters five forces analysis would provide the clear understanding about the recognizable threats and opportunities in the Australian market (Richards, Kjrnes and Vik 2016). Porters Five Forces Analysis Porters five force analysis provides the clear understanding regarding the market components. These components have the significant influence on the products or services. Concentration on these components determines the market opportunities and threats for the long term sustainability. The components are structured further: Figure 1: Porters Five Force Analysis (Source: Allegretto et al. 2013) Bargaining power of the customers (high): The emergence of the numerous fast food chains has been offering more choices to thee customers (Allegretto et al. 2013). The customers can easily bargain the prices and look for more benefits. Hence, the bargaining power of the customers is quite high. Bargaining Power of the Suppliers (Low): The extensive food chain market is not much profitable in terms of considering the bargaining power of the suppliers. The availability of the more options is suggesting the lower risks on the bargaining power of the suppliers (Mialon, Swinburn and Sacks 2015). Competitive rivalry (high): The dominant position of McDonald is the biggest threat for the food chain companies in Queensland. Moreover, the innovative business approaches of the other competitors are signifying the high level of the competitive rivalry in the country. Threat of Substitutes (High): The different spicy meals and the suitable ambience for the customers are much attractive. The availability of the product variations, affordable prices, and nearby stores has made the company more demanding to the Australian customers. Especially, the stores are designed in such a way that people can visit with their friends and families and spend time while having feasible meals (Lowe 2014). The food variations available in the store are much demanding for the customers. Therefore, the threat of substitutes is quite higher. Threat of New Entrants (High): the availability of the feasible market for establishing the fast food stores and the increasing demands of the customers are increasing the number of new entrants. Therefore, the threat of new entrants is quite higher. However, it is to be considered that the high cost of the business set up can be the determinant in entering the Australian market. Opportunities and Threats The fast food chain industry is much demanding to the customers in Australia. It has been seen that the youngsters prefer the fast food items. However, these demands of the customers are quite favourable for the companies in fast food industries. The dominant market position of McDonalds is quite threatening for the company (Tong and Wong 2014). It is increasing consciousness among the customers that influence their food habits much significantly. In spite of generating more revenues from sales, the external influence is also affecting the fast food chains. On the other hand, it has been observed that one group of customers are much fond of consuming healthy products. The food chain like Subway promotes the health aspects of the young generations. The company mixes healthy vegetables and ingredients in preparing the different fast food of customers choice. In compare to Subway, the company like KFC lacks the amount of vegetables and healthy ingredients (Magnusson and Reeve 2015) The health-conscious youngsters prefer the healthy food more. Therefore, the increasing challenges are affecting the sales ratio of KFC fast food items. It is thus specified that in spite of the numerous scopes or opportunities in the restaurant industry, there are significant challenges also affecting the business functions (Stanton 2015). However, by identifying these potential opportunities and challenges, the fast food chains need to bring more ideas about the specific solutions to maintain the long term sustainability. Research Gap The major gap in this research study is the time constraints. The limited time frame is making the study more limited. On the other hand, it is notable that the business market has been undergoing drastic and frequent changes (Richards, Kjrnes and Vik 2016). Therefore, it is necessary to assimilate the updated ideas in the research. Another major gap is found in making the assumptions in most of the areas. Until the study is associated with the real life scenario, the gaps would be remaining in the research process. The biasness and limited information sources are also considered as the major determinants in establishing an enriched knowledge regarding the subject variable. Research Methodology The research methodology determines the systematic analysis of the conducted research data. The application of the suitable research philosophy, approach, and techniques is necessary for analyzing the collected information related to the subject variables (Smith 2015). On the other hand, the proper selection of the data collection method is also much essential. In this section of the study, the use of the proper research methodology would be discussed. Research Design The research design provides the structured and systematic way of conducting the research data and analyzing it with proper justifications. The research design includes the relevant research philosophy, research design, and research techniques. The research philosophy is categorized into three divisions, such as realism, positivism,, and interpretivism. The positivism and realism philosophies deal with the extraction of the hidden truth and the realistic values whereas the interpretivism philosophy is concerned about the human interpretations and psychological explanation (Panneerselvam, 2014). Therefore, the use of the positivism philosophy would be justified for the study. On the other hand, the research approach is also classified into two categories, such as deductive and inductive approach. The deductive approach is concerned with the existing theories related to the subject matter whereas the inductive approach is suggesting the formulating of new theory. It is essential to ana lyze the subject by developing the understanding of the existing theoretical aspects. Hence, the use of the deductive approach would be applicable for this study. The research techniques are also categorized into three different types, such as exploratory, explanatory, and descriptive. The exploratory technique defines the exploration of the subject whereas explanatory provides the explanations of the variables (Creswell Poth, 2017). However, on the other hand, the descriptive technique determines the clear description of the hypotheses formulated in the study. Therefore, the concentration on descriptive techniques would be appropriate for conducting this research study. Data collection process The study is based on the identification of the threats and opportunities in the fast food chain industry in Queensland. In order to collect the relevant data for the study, the mixed method research would be justified. The study will be based on both the primary and secondary data collection process. The secondary data will be collected from the secondary sources like website, journal articles, and books. The primary data collection process depends on two methods, such as quantitative and qualitative data collection process. It is necessary to gather responses from the people who have been experiencing the real life scenario. These respondents would be associated in this study to provide the ideas regarding the actual scenario. In the quantitative data collection process, an online survey process will be conducted. In this online survey, the questionnaires including multiple choice questions would be distributed to 50 customers of KFC through Facebook. The respondents would select their suitable answer as per their preferences. On the other hand, the qualitative data collection process would include a telephonic interview session with 3 managers from KFC. The managers would respond to the questions asked in the interview. They might even reveal the strategic potentiality to overcome the challenges in the market. Sampling The application of the proper sampling process is necessary. In this study, the probability, simple random techniques would be used to conduct the survey among 50 customers of KFC. On the other hand, the non-probability, convenience sampling techniques would be applied to undertake the interview session of 3managers from KFC. Data Analysis The collected data requires analyzing in a technical way. It would be much helpful in understanding the real scenario if the data is properly analyzed. In this study, some of the software tools like MS Excel and SPSS software would be utilized to analyze the responses of the customers derived from the quantitative data collection process. The statistical techniques like regression, correlation, and feasibility analysis would be present in this study. The use of the diagrams, charts and tables would be attractive enough to present the collected data sequentially. The interpreter can be used during the interview session to memorize the conversation. Time Schedule Chart 1: Time Schedule (Source: Created by the Author) References Allegretto, S.A., Doussard, M., Graham-Squire, D., Jacobs, K., Thompson, D. and Thompson, J., 2013.Fast food, poverty wages: The public cost of low-wage jobs in the fast-food industry. UC Berkeley Center for Labor Research and Education. Ausfoodnews.com.au, 2017.Collins Foods sees profit boost with KFC stores | Australian Food News. [online] Ausfoodnews.com.au. Available at: https://www.ausfoodnews.com.au/2016/06/29/collins-foods-sees-profit-boost-with-kfc-stores.html [Accessed 27 Aug. 2017]. Creswell, J. W., Poth, C. N. (2017).Qualitative inquiry and research design: Choosing among five approaches. Sage publications. Garcia, J., Dunford, E.K., Sundstrom, J. and Neal, B.C., 2014. 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