{"id":4750,"date":"2022-04-26T17:50:49","date_gmt":"2022-04-26T17:50:49","guid":{"rendered":"https:\/\/highclasswriters.com\/blog\/?p=4750"},"modified":"2022-04-26T17:50:51","modified_gmt":"2022-04-26T17:50:51","slug":"innovations-and-how-they-fix-a-problem","status":"publish","type":"post","link":"https:\/\/highclasswriters.com\/blog\/innovations-and-how-they-fix-a-problem\/","title":{"rendered":"Innovations and how they fix a problem"},"content":{"rendered":"\n<p>For this report I am to either come up or use an existing innovation and identify what problem a industry faces and how the innovation will solve that problem. A few innovations that i had planned on using were between blockchain and how it can be used in the supply chain industry or digitilization in the restaurant industry such as e-menu and e-payments.&nbsp;<\/p>\n\n\n\n<p>Below is the rubric provided by the professor.<\/p>\n\n\n\n<p>Project Report Description<\/p>\n\n\n\n<p>First, this project is&nbsp;your&nbsp;opportunity to&nbsp;demonstrate&nbsp;and showcase&nbsp;your understanding of innovations in hospitality.&nbsp; What does this mean?&nbsp; Make sure that<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Your project report includes discussion of class concepts, ideas, and applications.&nbsp;<\/li><li>Your project should clearly explain the link between class concepts and your suggested innovation.<\/li><\/ul>\n\n\n\n<p>Second,&nbsp;your report should&nbsp;be about an innovation&nbsp;for application in the hospitality industry (any segment of the industry that you are most interested in \u2013 for example, cruise line operations, lodging, F&amp;B, airline catering, events, and so on). &nbsp;&nbsp;<\/p>\n\n\n\n<p>Third,&nbsp;the report should be structured as follows:<\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Problem statement: What is the gap? &nbsp;Why is the gap a problem? How did you identify the gap? &nbsp;(Must include class concept\/s you used to identify the gap.)<\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Your solution: &nbsp;&nbsp; Description of the solution and how it works (that is, how is the solution an innovation?).&nbsp; Support this with an analysis of its advantages and disadvantages.&nbsp; Describe how the innovation affects technology and employees, what financial benefits do you expect, and what practical benefits will the organization derive.&nbsp;<\/p>\n\n\n\n<p>Please use the following rubric to guide your project.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>&nbsp;<\/td><td>Attempted1 point<\/td><td>Proficient3 points<\/td><td>Above Proficiency5 points<\/td><\/tr><tr><td>Problem<\/td><td>Problem is explained only partly or explanation of problem is unclear.<\/td><td>Problem is clearly explained and the innovation addresses the problem directly.<\/td><td>Problem is creatively addressed through an innovation of a current product; changed or used in another way.&nbsp;<\/td><\/tr><tr><td>Research<\/td><td>Fails to mention a known similar idea in common use, or material is copied rather than written in student\u2019s own words.&nbsp;<\/td><td>Mentions known similar ideas with some elaboration.&nbsp; Makes a general connection to a similar idea in student\u2019s own words.&nbsp;&nbsp;<\/td><td>Makes a clear and well-elaborated connection with a known similar idea in student\u2019s own words.<\/td><\/tr><tr><td>Possible solutions or innovations<\/td><td>Proposed solution of innovation is not a practical solution to the problem.<\/td><td>Proposed solution of innovation is practical and well thought out.&nbsp; The solution makes sense.<\/td><td>Student explains innovation while addressing important details and giving the reader a clear understanding of how the innovation works.&nbsp; If using an innovation of another product, a clear description of how this product was repurposed or improved is included.<\/td><\/tr><tr><td>Obstacles<\/td><td>Fails to analyze obstacles related to the innovation (i.e., may list obstacles that refer only to shopping for materials or cosmetic issues). &nbsp;<\/td><td>Provides some analysis of the obstacles related to the implementation and function of the innovation (i.e., may discuss ease of use, etc.).<\/td><td>Demonstrates in-depth analysis of the obstacles related to the implementation and function of the innovation.<\/td><\/tr><tr><td>Presentation<\/td><td>The report follows formatting guidelines minimally or not at all.<\/td><td>The report mostly follows formatting guidelines and has spelling and grammar mistakes.<\/td><td>The report is well-constructed, follows the formatting guidelines, is spell and grammar checked and is easy to follow and read.&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Report Format:<\/p>\n\n\n\n<p>Please provide a professional, easy to read report.&nbsp; Make good use of available spell and grammar check tools and edit your report for readability.&nbsp; Make good use of section and paragraph headings to guide the reader through an executive summary, a problem statement, description of the innovation with all supporting argumentation including financials, obstacles to implementing the innovation, and finally a conclusion summarizing the report.&nbsp;<\/p>\n\n\n\n<p>The report should be presented as a Word document in 12-point Times New Roman font, one-inch margin all around, and double spaced.&nbsp; I will adopt all MSU standards related to plagiarism \u2013 ensure that your report is your own work.&nbsp; If you are including material from other authors, please make sure to cite approriately.&nbsp; Use of the APA format of citations is recommended (see<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For this report I am to either come up or use an existing innovation and identify what problem a industry 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