Impact is about looking at the consequences a piece of study has had. Depending on the nature of the task, your research could have an impact in a variety of ways.
The contributions that research brings to academia, such as expanding and refining theories, methodologies, and understanding within and between fields.
The influence that research can have on individuals, communities, and society.
The effect of research on the creation of policy, such as when choices are made utilizing evidence from research.
Affecting companies as well as economic expansion or advancement.