cheat sheet - 1448 Words

1. The sociological perspective, as a way of thinking about the world, includes the sociological imagination from C. Wright Mills, the beginner’s mind from Bernard McGrane, and the idea of culture shock from anthropology. Explain what all three of these concepts have in common. Response: All three of these concepts have in common are the idea of breaking down social barriers to gain a different perspective on culture people and behaviors. When a person is in a new area where the culture is different it is betters to break down walls and keep an open mind they all deal with society and the differences they may have compared to the one a person is accustomed to. 2. Sociologists often have to decide if they are going to adopt a†¦show more content†¦Karl Marx believes that a capitalistic society separates the rich from the poor. corporations that holds the money hold the power to dictate whether certain fucntions of society. 8. Describe the main features of postmodern social theory, and explain both positive and negative reactions to these features. Response: The main features of postmodern social theory is that it is diverse pluralistic and contingent. The positives reactions towards this theory cognitive relativism which can be summed up to the that conventional truth is illusory and that culture and language create valid and subjective realities. The negatives of postmodernism is that everything is fragmented there is no order claims to truth and stability. 9. If you were feeling very generous to shoe manufacturers, you might argue that the manifest function of the production of newer and more expensive athletic shoes is to increase athletic performance. For a moment, let’s not be generous. Explain another manifest function of the appearance of new athletic shoes, as well as at least two latent functions. Response: another purpose of the manifest function could be to showcase the increased comfort of the shoe by having extra footing on the bottom of the shoe one of the latent functions. Two unintended latent functions could be the stitching and the quality of materials on the shoe and also the design and how the colorShow MoreRelatedMidterm Cheat Sheet2618 Words   |  11 PagesMidterm Cheat Sheet (EDG 701) |Period of |Freud Psychosexual |Erickson | |Life | |Psychosocial (role | | | |of ego/social influ)| |First Year|Oral Stage—oral |Infancy: Trust vs. | | |fixations/gratificat|Mistrust—basic needs| | |ion—mistrust of |met=trust; not | | |others, rejection, |met=mistrust | | |love/fear of | | | |intimateRead MoreStatistics Cheat Sheet1965 Words   |  8 PagesStatistics Cheat Sheet Proportion = Frequency x 100 = Percentage Total No | Z score (standardised value)-how many sds from the mean the value liesZ score = data value – mean Standard deviation | Metric Data = ExploreCategory = Frequencies | Bigger sample size will give a narrower confidence interval range (more specific) outliers affect the mean but not the median – this is why the median is preferred here.mean | | Reports -Only give confidenceRead MoreCeh Cheat Sheet3910 Words   |  16 PagesFootprinting The phases of an attack 1. Reconnaissance Information gathering, physical and social engineering, locate network range 2. Scanning - Enumerating Live hosts, access points, accounts and policies, vulnerability assessment 3. Gaining Access Breech systems, plant malicious code, backdoors 4. Maintaining Access Rootkits, unpatched systems 5. Clearing Tracks IDS evasion, log manipulation, decoy traffic Information Gathering 1. Unearth initial information What/ Who isRead MoreCheat Sheet Finance884 Words   |  4 Pagesits intrinsic value is smaller than its market value. * The income statement shows us the firm’s financial situation over a period of time. * Last year, Blanda Brothers had positive cash flow from operation; however, cash on its balance sheet decreased.which explain this? Answ:The company purchased a lot of new fixed assets. * Company A and Company B have the same total assets, Return on Assets (ROA), and profit margin. However, Company A has higher debt ratio and interest expenseRead MoreStatistics Cheat Sheets1339 Words   |  6 PagesG036 * Yes because the p-value is less than 0.05 or No, because the p-value is greater than 0.05 * The coefficient of variation is the standard deviation of a data set, divided by the mean of the same data set. * Z score =   x -ï€  mï€  Ã¯â‚¬ ¯Ã¯â‚¬  s * The Independent part is what you, the experimenter, changes or enacts in order to do your experiment.   The dependent variable is what changes when the independent variable changes - the dependent variable depends on the outcome of the independent variableRead MoreBeowulf Cheat Sheet1052 Words   |  5 Pages1. Weapons serve as the tools that the soldiers must use to do their job: killing beasts or men without getting killed. As a artist may be fond of his paintbrush, the soldiers greatly cherish their weapons. Often a weapon is valued for its pedigree. The author often interrupts action to delve into a weapon’s previous owners and its history. In the introduction, Burton Raffel states, â€Å"The important tools, in this poem, are weapons: proven swords and helmets are handed downRead MoreMicroeconomics Cheat Sheet3925 Words   |  16 PagesMarket Structure | NumberofSellers | TypeofProduct | BarrierstoEntry? | DemandCurve | Profit Maximization Condition | Perfect Competition | Many | Homogenous | No | Horizontal (perfectly elastic) | MR = MC | Monopoly | One | Unique | Yes | Downward Sloping | MR = MC | Monopolistic Competition | Many | Differentiated | No | Downward Sloping | MR = MC | Oligopoly | Few | Homogenous or Differentiated | Yes | Downward Sloping | MR = MC | The natural monopoly may be regulated through price, profitRead MoreLaw Cheat Sheet2835 Words   |  12 PagesNotes Intention – SOCIAL OR DOMESTIC- do not intend to create legal relations. Balfour v Balfour (1912) Categories of rebuttal – The nature of the document (if drafted by solicitor) - Agreement may expressly state legal relations - Surrounding Circumstance may indicate intention Merritt v Merritt (1970) -Significant reliance on promise- consequences are sufficiently serious. Wakeling v Ripley (1951) - COMMERCIAL NATURE- do intend to create legal relations. Edwards v Skyways (1964) Read MoreIpa Cheat Sheet2143 Words   |  9 PagesAIPA 2: UNDERSTANDING ACTORS, INTERESTS POWER Institutions ï‚ · Basic level – states exist to provide (1) defence and (2) social order ïÆ'   this requires the presence of a functioning economy. ï‚ · State not only produces, consumes and redistributes; it’s also the main source and enforcer of â€Å"rules of games†. ï‚ · â€Å"Rules of games† are institutions ïÆ'   institutional quality is related to economic performance. ï‚ · Evidence: No country has gotten rich with bad institutions. Politics ï‚ · Politics is the process of creatingRead MoreCheat Sheet Stats2661 Words   |  11 PagesChapter 3 Standard units tell you how many standard deviations above or below average a data value is standard units = (actual value – average)/SD actual value = average + (SD x standard units). Standard units are denoted by Z. Chapter 8 Complement rule: P(A) = 1 – P(A doesn t happen) Multiplication rule: P(A and B both happen) = P(A) x P(B given A happened) Q. 5 random components removed one at a time from box containing 5 defective and twenty working. What is chance of selecting all defective:

Analytic Thinking, Religion, and Prejudice - 1473 Words

The relation between and the intersection of religion and analytic thinking are complex and intransigently debated topic in the both social psychology and cognitive science literature for a decade. Moreover, the idea that religions facilitate acts that cause the negative attitudes toward especially religious out-groups has relatively a long theoretical and empirical history in social psychology (Allport Ross, 1967; Altemeyer Hunsberger, 1992; Spilka, 1986; Whitley Bernard,1999) and is the main idea behind the evolutionary origins of religion (Atran Heinrich, 2010; Bering, 2011; Norenzayan Shariff, 2008; Preston Ritter, 2013; Rand et al., 2014; Shariff Norenzayan, 2007; Sosis Alcorta, 2003) which is†¦show more content†¦In all experiments, those who primed with analytic thinking expressed less belief in a personal God: an average of about 41 on a 100-point scale for experimental group as compared to an average of 61 for control group. Although this finding is robust i n different demographic variations, little is known about its applicability to different religions which have â€Å"Big Gods†. (The term â€Å"Big Gods† refer to â€Å"omnipresent and omniscient moralizing agent† (Shariff Norenzayan, 2007) and this is unique to the three big religions: Christianity, Judaism and Islam). Moreover, although they noted that the manipulations did merely a dip in religious beliefs of participants instead of an extreme change, it is unclear whether analytic thinking can decrease religious beliefs of highly religious people. Nevertheless, between-subject design had no possibility to do that; therefore, a within-subject replication of this effect is necessary to show its robustness. Religion and Prejudice Cooperation requires acting and working together for the mutual benefits of the members of the in-group; that is, cooperative intentions toward in-group members. Accordingly, it is generally thought that religiosity evolved with the object of constructing large-scale societies where the anonymous interaction among genetically unrelated members of society is crucial (Norenzayan Show MoreRelatedThe American Public School System1712 Words   |  7 Pagescan change our students into analytic masters, even though others would prefer the contrary. What would happen if our students actually started preferring reason over emotion, reality over fantasy, rationality over rationalizations, fair and objective analysis over prejudice and myths? Why, teachers would be tarred, feathered, and run right out of town. Students would question every unfounded opinion, cherished myth, political deception, religion in general, prejudice of imposed by their parents andRead MoreHinduism : A Model For Religious Toleration Essay2153 Words   |  9 PagesTOLERATION Hailey Walley Introduction to Religion Final Paper Dr. S. Moses December 8th 2016 â€Æ' Paul Griffiths argues that religions by their very nature are exclusivist and, therefore, preach that all who do not follow its particular religious law are exempt from salvation . Hinduism, however, disproves this theory, regularly illustrating its inclusive nature and holistic perspective of the world throughout history. Buddhism, for instance, is a reformed, sub-religion of Hinduism that was created by thoseRead MoreA Short Account of Psychoanalysis - Freud, Sigmund6817 Words   |  28 Pageswhich occurred to him, and against which the fundamental rule of psycho-analysis was directed, had themselves already been manifestations of this resistance. A consideration of the phenomena of resistance led to one of the corner-stones of the psycho-analytic theory of the neuroses - the theory of repression. It was plausible to suppose that the same forces which were now struggling against the pathogenic material being made conscious had at an earlier time made the same efforts with success . A gap inRead More Global Problems Essay3935 Words   |  16 Pagessome better sense of proportion by a search for a comprehensive view. Not willing to preach to converts, however, let me go on without discussing these matters. The tasks of philosophy are traditionally divided to the analytic and the synthetic; I will now leave the analytic aspect of the situation: we need now some new solutions rather than analyze extant ones: the extant ones are not good enough for that. So let me discuss briefly the synthetic side of philosophy and the great service it canRead MoreEssay on The Concepts of Belief, Certainty, and Knowledge1942 Words   |  8 Pagesthat is belief.† World War II, the Crusades and the 9/11 are glaring examples of the monstrous atrocities that can be committed when one believes in something without any moral common sense. This is of course, not an attack on religion, but rather the interpretation of religion. People are susceptible to gullibility when it comes to believing the radical teachings of another person as they don’t take the initiative to question and examine the justifications to these teachings. And as social animalsRead MoreHistory And Systems Of Psychology3029 Words   |  13 Pagespsychoanalytic theory the therapist allows the client to take the lead. At first, this may seem strange and the client may want the therapist to take charge. But learning how your thoughts work and what associates to what, is a vital part of the analytic process. Psychoanalysts understand that even the best advice or the best listening skills only go so far. If the analysis is too quiet the client may think she/he is judging or doesn’t care but if the analysis is giving advice the purpose of psychoanalysisRead MoreXerox And The Vision Quest2729 Words   |  11 PagesAs a culture, American Indians view â€Å"‘religion as life’ and lived in the presence of the holy through a cooperative partnership with nature (Carr-Ruffino, 2014, p. 297). This viewpoint adds credit to the average person’s affiliation of vision quest with religious experience. While Xerox used the Native American customs to promote creativity, it was Mr. Biggs who claimed the vision quest was a â€Å"spiritual retreat† while his supervisor explained, â€Å"that religion was not involved† (Case). The connotationRead MorePyschoanalytic Personalities Essay Notes9106 Words   |  37 Pagesform the basis for his concept of the collective unconscious. Around the age of 10, Jung carved for himself a small wooden mannequin, carefully dressed it in homemade attire, and hid it, along with a small painted stone, in the attic of his house. Thinking of this mannequin and stone hidden away secretly together was pleasurable for Jung and somehow had the ability to calm him when he became distressed. He would also write coded messages on little scrolls of paper, to be tucked away with the mannequin—aRead MoreOpenness in Personality10561 Words   |  43 Pagesart, and sensitive to beauty. They tend to be, when compared to closed people, more creative and more aware of t heir feelings. They are more likely to hold unconventional beliefs. Another characteristic of the open cognitive style is a facility for thinking in symbols and abstractions far removed from concrete experience. People with low scores on openness tend to have more conventional, traditional interests. They prefer the plain, straightforward, and obvious over the complex, ambiguous, and subtleRead MoreSocial Problems Among Youth5423 Words   |  22 Pagesanalyzed into six standard; â€Å" (1) standard of factuality: reports are based on verified facts; (2) standard of balance and fairness: reports balance and fairly represent the main viewpoints on an issue; (3) standard of non-bias: the report’s prejudices and interest do not distort reports; (4) standard of independence: journalists are free report without fear or favor; (5) standard of non-interpretation: reporters do not put their interpretations into reports; (6) standard of neutrality: reporters

Often The Term “Revolution” Makes One Think Of The...

Often the term â€Å"revolution† makes one think of the Revolutionary War in the American colonies. However, a revolution implies monumental economic, political, and/or social change and the American colonies’ standing in all three of these categories remained relatively the same after the war was over. However, right in their ‘backyard’ Saint Domingue (present day Haiti, but it will be referred to it by its colonial name unless it is being talked about it after its revolution) was on its way to a revolution at the end of the 1700s A.D. and during the mid to late 1800s A.D. multiple wars were fought in Cuba for their independence. From a logistical perspective, both attempts at revolution had several similarities. Both areas were under colonial†¦show more content†¦The slaves that resisted used multiple methods, including: running away, sabotage, faking sicknesses, self-mutilation, and mocking of authorities. During the Insurrection period in Sain t Domingue from about 1791 to 1798 there were three different groups fighting against France: slaves, free people of mixed race, and whites. Each group had different reasons why they were unhappy under France’s rule. In the end, France made concessions to the whites and free people of mixed race to keep the two groups content and make sure their slave economy could stay in place. This, however, did not last long as both groups soon learned that France would repeatedly go back on the bargains it made with different groups. The conflict with the Spanish helped escalate problems, but eventually a black slave named Toussaint Louverture switched sides and helped France drive the Spanish out. He climbed up the political ladder and soon found himself beneath only the governor of the island, whom he had great sway with. This grab for leadership would continue to push whites to leave Saint Domingue, making it easier for the former slaves and free people of mixed race to overthrow the previous social and political structure. Under the dictatorship of Toussaint it was unclear who his loyalty was to, and thus he was unseated from power not long after he gained it. One of the biggest flaws in his leadership was when he attempted to establishing an agriculturalShow MoreRelatedIs Psychoanalysis Unscientific? Essay1035 Words   |  5 Pagesaccumulation of knowledge for the theory since it was introduced. It seems that nothing has progressed, and as such, one could state that since there has not been any advancements, psychoanalysis is simply unscientific. Thomas Kuhn, a philosopher of science, however, believes that this view of science is not accurate. He wrote an article titled: The Structure of Scientific Revolution that made an argument that science does not progress in a linear fashion in regards to knowledge, but rather scienceRead MoreAnalysis of Karl Marxs Quotation, Men Make History but Under Conditions Inherited From the Past1272 Words   |  5 PagesPondering Historical Quotations Men make history but under conditions inherited from the past. ~Karl Marx Karl Marx is famously known for man revolutionary theories regarding society, capitalism, and communism. He wrote and published the Communist Manifesto in 1848. He is a theorist and activist whose theories and ideas are very firmly directly rooted in history and in honoring the past. Marx was also a man who firmly believed that those who did not acknowledge and learn from history wouldRead More Classification Of Cultures Essays1615 Words   |  7 PagesCulture is a hot topic. Scholars (Fukoyama, Huntington, to mention but two) disagree about whether this is the end of history or the beginning of a particularly nasty chapter of it. What makes cultures tick and why some of them tick discernibly better than others – is the main bone of contention. We can view cultures through the prism of their attitude towards their constituents : the individuals they are comprised of. More so, we can classify them in accordance with their approach towardsRead MoreThe French Revolution Of The Middle Ages Era Essay1578 Words   |  7 Pagesproblems in the social and economic section, such as poverty and taxation issues. Thus, French Revolution is one of the turning points of French public life. It popular with the slogan â€Å"liberty, legality and fraternity† that brings French to be a new revolutionary country. While many people believe that French Revolution is the effect of Enlightenment ideas emergence, I will argue that this revolution was an outcome of the social and economics disarray because of distortion of government regulationRead MoreThe And The War For America1324 Words   |  6 PagesOften when we speak of the struggle for America we think of the Revolutionary War, or even of the Civil War. We reminisce of tales of bra vado and of cunning, of George Washington and our country’s forefathers leading the revolution against the British and of pursuing the dream of a nation free from tyranny. But often the tyranny that this new nation itself took part in is largely glossed over. It is largely accepted that America unfairly pushed out the Native Americans from their homelands, butRead MoreSmall Change: Why the Revolution Will not be Tweeted1744 Words   |  7 Pages Malcolm Gladwell’s article Small Change: Why the Revolution Will not be Tweeted raises a significant question about the prospective contribution of web-based social networking to the advent of progressive social movement and change. Gladwell’s bold declaration that the revolution will not be tweeted is reflective of his view that social media has no useful application in serious activism. Contrasting various elements of the â€Å"high-stakes† lunch-counter protests in Greensboro, North Carolina inRead MoreKarl Marx s Theory Of The Classical Era1699 Words   |  7 Pageswas a philosopher, journalist, and revolutionary socialist. Born in 1818 in Prussia, part of the German Confederation. He later became jobless and was forced to move to London, England where he spent the rest of his life writing. Marx had many ideas that created radical people in several countries and ideas that cause many opinions to flourish about capitalism and democracy. Marx’s specific theories about society and their leaders are better known under the term called Marxism. Marxism is a way thatRead MoreAmerica s Revolutionary Party Of Vietnam Essay1662 Words   |  7 PagesIn the past years the discussion of Vietnam War, is one that still is every more common among scholars of American Society, common not without controversy. The controversy surrounding the Vietnam War often is centered in U.S. mentality of playing â€Å"savior â€Å" and appearing to be only great, while not owning up or recognizing their faults. There is a common belief among many people that the remembering the vietnam war is no longer important. Those who hold this belief, also believe that the there isRead MoreWhy Are People Concerned With Danger?1300 Words   |  6 PagesComparative Politics Lucas Feuser Title Why are people concerned with danger in the first place? When revolution is in play, it is more than oppression that fuels people. It is a hope for a better future. It is a feeling that one can make a difference in changing their own circumstances and the circumstances of those around them. And for that reason, what happens to oneself as a result of their rebellion is ultimately only part of a bigger picture. Two possible conditions that lead people toRead MoreThe Contributions Of Science And Science3124 Words   |  13 PagesAs a contemporary writer observing the timeline of modern science, and all the abridgments made to it over the past few centuries, one cannot help but ponder upon the course that science took to reach what it is today. We are aware of the pioneers of science such as Newton, Lavoisier, Stahl, Joule, Maxwell, Einstein etc, and all of the groundbreaking contributions these extraordinary individuals made to mould science into what we today know it to be. Over the course of History of Science, we have

Effect of Change in Australian Dollar-Free-Samples for Students

Question: Discuss about the Effect of change in Australian dollar on the Economy. Answer: Introduction Australia has been considered a medium size country compared to the other nations in the world. Australia is also viewed to be much smaller than the United States in regards to everything. The interest rate and inflation rate is also very complicate in the economy and gets affected by the changing exchange rate of Australian Dollars. Australian dollar has experienced fluctuation in its rate over the years. However, recently in 2017 the country has experienced an increase in their exchange rate, which has put an effect on every aspect of the economy (Dailyfx.com 2017). This paper will discuss about the trend of exchange rate over the past three years and witness that the rate has increased recently. Further, it will analyse the effect of increase in exchange rate on four people of the economy and four business categories. It will evaluate the various effects on any two-business categories and suggest the objectives and question the businesses should aim while taking the research. Background (research findings) The Australian dollar has risen for the first time against the US dollar in 2017. This is encouraging the economic conditions of Australia. The value of the Australian dollar (AUD) keeps on fluctuating everyday. The Australian Dollar has increased against the US dollar since the beginning of the year and several strategies were set for stabilizing the exchange rate. The companies for the transaction of businesses need the foreign currencies. This influences the exchange rate movements of the two countries and it affects the investors who are trying to be benefitted from this fluctuations. The demand for the particular currency will affect the market price of the currency. When people buy or sell the currencies in bulk quantities, the value of the Australian dollar will fluctuate (Apergis and Papoulakos 2013). Fig: Table showing the value of 1 USD against different AUD values in the last three years Year USD AUD 2015 1 1.386 2016 1 1.324 2017 1 1.27 Source- Trading Economics 2017 Fig- Graph showing the USD and AUD in the last three years Source- Authors creation From the above table and graph, it can be said that the value of AUD is fluctuating against 1 unit of US dollar. This means that an exporter of US has to pay a higher amount of money if wishes to export any commodity to Australia. Fig- Graph showing the value of 1 AUD against different USD values Year AUD USD 2015 1 0.732 2016 1 0.718 2017 1 0.79 Source- Trading Economics Fig- Graph showing the USD and AUD in the last three years Source- Authors Creation From the above table and graph, it can be said that the value of the US dollar is lower than the AUD. For 1 unit of AUD an exporter of US has to higher amount of US dollar because of the low value of the US dollar. Report Aim of this research study The aim of the research is to analyse the effect of change in exchange rate of Australian Dollar to U.S. Dollars on the economy of Australia. It aim to point out four people of the economy which will be most affected by the change in the exchange rate. Business is state to be one of the people affected with this change. Thus, the paper also aims to analyse the effect of changes in exchange rate on two types of business. The main objective of to offer suggestions to the business by which they can carry out research on how to deal with the influence of the changes (Engel, Mark, and West 2015). Four groups of people affected by increase in Australian Dollar to U.S. Dollar From the above analysis, it is seen that the rate of Australian dollar as compared to U.S. dollar has experienced a rise recently. However, the change in the Australian dollar poses a lot of affect on the working of the economy. Various categories of people are affected due to this increase such as business class people, households, farmers and financial institutions. The business class people are highly affected by this increase because with an increase in rate of Australian dollar to U.S dollar they can now import raw materials, labour, and other requirements from U.S at a relatively cheap rate. Similarly, households and farmers will be impacted because these businesses will now offer their products in their home market at low price because of decrease in cost. Financial institutions will also be impacted negatively as increase in exchange rate will decrease the interest rate taken by these institutions (Ilzetzki, Reinhart, and Rogoff 2017). Four business categories that are affected by the movement of Australian dollar The retailers, tourism industry, forex traders and real estate businessmen will be affected by the fluctuation in the Australian dollars. The retailers in Australia will have to pay less when the value of US dollar will decrease. This will boost up their exports. The tourism industry is also affected to large extent in this case. When a traveler wants to visit Australia and suddenly the value of the Australian dollar has risen, the traveler in US has to pay more amounts and this will affect the tourism industry. The real estate business will also be affected. The prices of the property in Australia will rise when the value of the US dollar falls. The forex traders will also be affected when there is rise in the Australian dollar. The traders have to get involved in a large set of economic data for taking decisions in the exchange market. They have to rely on the speculative outlook in the market and thus make further investment (Di Iorio and Faff 2015). Symptoms and likely symptoms of retailers and real estate industry It will be beneficial for the Australian retailers if the value of the Australian dollar increases. They will try to increase their exports as it will be beneficial for them. The Australian retailers will try to spend more on imports rather than investing in other foreign countries. The retailers will try to import the raw materials at a cheaper price. The interest rate of the commodities will fall and these will attract the businessmen to invest more (Haque, Topal and Lilford 2015). The likely symptoms in the retail industry are that the unit pricing value will be increased and this will boost up the sales. The domestic property in Australia will be more attractive for the foreigners and they will invest more because the value of dollar has increased. The buyers of the property in Australian will spend more and thus they will try to negotiate and settle at particular case. The likely symptoms is that the real estate holders must be aware of the fluctuating prices so that they do not run in losses (Monadjemi and Lodewijks 2017) Decision Statement and Research Objectives for retail and real estate business Decision statement for retail business: From the research on the increase in the exchange rate of Australian Dollar to U.S. Dollar the retail sector has to decide on their amount of changes in their import and export compared to previous years when exchange rate was less (McCombie and Thirlwall 2016). Research Objective of retail sector: Analyse the impact of exchange rate Manage the cost of production accordingly Decide on the rate of increase or decrease in import and export by the industry Future estimation of the change in exchange rate Decision statement for real estate sector: The retail sector has to decide the price of the property they will sell in their home country after the increase in the exchange rate from the research (Amiti, Itskhoki, and Konings 2014). Research objective of the real estate sector: Analyse the impact of exchange rate Make adjustment in the cost of buying the property Make future estimation of change in property price and influence present decision Three hypotheses for Retail and real Estate sector From the above analysis on the effect of change in exchange rate on the Retail and Real Estate sector three hypothesis can be stated. Retail sector is positively impacted by an increase in exchange rate as their rate of import of raw material will fall Real estate sector will benefit from an increase in exchange rate as price of property will fall presently The increase in the exchange rate of Australian dollar to U.S dollar will have an overall positive impact on the two sectors Research questions for the two businesses What is the impact of the change in exchange rate on the decision of the buyers for retail sector? How will the real estate sector analyse the future change in the price of property? How will the retail sector adjust their supply after the fall in their cost of production? What is the differences in the past and present decision making of the real estate sector? Ethical Consideration It is very important to maintain the ethics while carrying out a research work. There are certain things, which have to keep in mind while conducting the research. The researcher must keep an eye that they maintain the confidentiality of the retailers and the consumers while carrying out the research work. The research must also be plagiarism free. There are certain ethical standards, which must be followed to prevent falsifying, or fabrication of the data. The sentiments and ideas of the participants in the research must not be harmed while carrying out the research. Moreover, before conducting the research work it is also vital to take the consent of the participants in the research. While conducting the primary research in the retail sector, it is vital to respect the sentiments and confidentiality of the consumers (Bryman and Bell, 2015). Conclusion Thus, it can be said that if the cost of Australian dollar increases, imports will become cheaper and the business sectors will face competition from the other competitors. The local companies will become less competitive because the consumers have more buying power and they will prefer imported goods rather than local goods. The general outlook of the company for the growth and the movement of the commodity prices in Australian will also be affected by the fluctuations in the price of the dollar. The benefit of interest rate from the Australian dollar will also increase and thus this will attract the investors to buy more of Australian dollars. Recommendations From the above analysis and the objective that the retail sector and the real estate business have to analyse, it is recommended that these sectors take up primary as well as secondary research for the analysis. However, the sector should mainly focus on the secondary research to see the trend of the exchange rate over the years in Australia and based their decision on that ground (Creswell 2013). Primary research could be taken by the retail sector on the trend on changes in the demand of people after the increase I exchange rate. Depending on result the retail sector will change their supply of products. For that, collection in primary research retail sector can survey through questionnaire method that it can put in their official sites for collecting the responses of consumers. Lastly, the result of the research can be summarised in a descriptive method so that it is understandable by each member of the business (Flick 2015). References Amiti, M., Itskhoki, O. and Konings, J., 2014. Importers, exporters, and exchange rate disconnect.The American Economic Review,104(7), pp.1942-1978. Apergis, N. and Papoulakos, D., 2013. The Australian dollar and gold prices.The Open Economics Journal,6, pp.1-10. Bryman, A., Bell, E. 2015.Business research methods. USA: Oxford University Press. Creswell, J. W. 2013.Research design: Qualitative, quantitative, and mixed methods approaches. Sage publications. Dailyfx.com. (2017).AUD/USD - Live Rate, Forecast, News and Analysis. [online] Available at: https://www.dailyfx.com/aud-usd [Accessed 16 Aug. 2017]. Di Iorio, A. and Faff, R.W., 2015. The effect of intervaling on the foreign exchange exposure of Australian stock returns. Engel, C., Mark, N.C. and West, K.D., 2015. Factor model forecasts of exchange rates.Econometric Reviews,34(1-2), pp.32-55. Flick, U. 2015.Introducing research methodology: A beginner's guide to doing a research project. USA: Sage. Haque, M.A., Topal, E. and Lilford, E., 2015. Iron ore prices and the value of the Australian dollar.Mining Technology,124(2), pp.107-120. Hsing, Y., 2015. Determinants of the AUD/USD Exchange Rate and Policy Implications.Asian Economic and Financial Review,5(2), pp.326-332. Ilzetzki, E., Reinhart, C.M. and Rogoff, K.S., 2017.The Country Chronologies to Exchange Rate Arrangements into the 21st Century: Will the Anchor Currency Hold?(No. w23135). National Bureau of Economic Research. McCombie, J. and Thirlwall, A.P., 2016.Economic growth and the balance-of-payments constraint. Springer. Monadjemi, M. and Lodewijks, J., 2017. Global Economy and the Australian Dollar.Expert Journal of Economics,5(2), pp.47-52. tradingeconomics.com 2017.Australian Dollar. [online] Available at: https://tradingeconomics.com/australia/currency [Accessed 16 Aug. 2017]