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Research Proposal on International Students

   

Added on  2020-05-16

14 Pages3452 Words132 Views
Running head: ASSESSMENT 30Bus 707Applied Business ResearchResearch Proposal on International StudentsStudent Name:Student ID:Kings Own Institute

ASSESSMENT 31Table of ContentsAbstract......................................................................................................................................2Research Problem.......................................................................................................................2Research Hypothesis..................................................................................................................3Background................................................................................................................................3Ethical Consideration.................................................................................................................6Literature Review.......................................................................................................................7Research Proposal’s Aim and Objectives..................................................................................8Research Design.........................................................................................................................9Quantitative Research............................................................................................................9Qualitative Method...............................................................................................................10Data Analysis Process..............................................................................................................11Editing..................................................................................................................................11Coding..................................................................................................................................11Data Entry............................................................................................................................11Data Analysis.......................................................................................................................12References................................................................................................................................13

ASSESSMENT 32AbstractThis report focuses on analysing the social, economic and business factors relating to theAustralian dollar and its influence on country’s economic and social sector. In previous years,the Australian dollar remained lower in value than compared to US dollar. However, manynew factors provided that it is getting stronger and competing equally with US dollar. Theincrease in worth of Australian dollar determines that the revenue in the US or other countriesis valued lower than before. The growth in the Australian dollar will influence differentsectors in the country such as agriculture, mining, education, business, exports, imports andmany others. Along with the growth in the Australian dollar, the number of internationalstudents coming to Australia for further studies is expected to reduce. It is also expected thatAustralian farmers will generate fewer profits and bear more loss. Nevertheless, variouspolicies and strategies can be implemented by the government to enhance the productivity ofthese sectors such as proving student scholarships, reducing tuition fees, increasing the rate oftax on imports and increasing the availability of local products to customers.Research ProblemBefore starting a report, the first steps that researchers are required to take is analysing thepossible research problem in order to solve the problem which will occur in the study. The education industry, especially international students, contributes a major part in theAustralian economy. But, with the growing value of Australian currency in comparison to USdollar will have a negative impact on the education industry which will reduce the number ofinternational students who visit Australia for further studies. The primary objective of thisresearch report focuses on studying and understanding the social, business and economicfactors relating to strong Australian dollar and evaluates its impact on the economic andsocial sector of the country. The growing value of Australian dollar reduces the number ofinternational students in the country. This research proposal analyse the decreasing rate ofinternational students in Australia with the increase worth of Australia dollar. The Australiaeducation sectors contribute more than $47.5 billion to the country’s economy. However, dueto increase in Australian currency, international students prefer to study in the United Statesor any other country instead of Australia. Due to high currency rates, international studentshave to the high amount for everything including university payments, tuition fees,

ASSESSMENT 33accommodation, and residential cost. These factors affect the decision of internationalstudents and their spending choice in Australia. It can be clearly seen that appreciating in theAustralian dollar will result in reducing the number of international students in Australiawhich negatively affects their economy. Therefore, proper research is necessary tounderstand the situation and determining ways to address this issue which will assist inboosting country’s economy.This research proposal will evaluate the issues face by hotels in Australia and many othersfactors that are related to international students visit in Australia.Research HypothesisWhat if the packages of hotels and accommodation centers are reduced forinternational students?What if promotional campaigns are created by concerned departments to address toincrease the number of international students?What if discount offers are provided for the international student by educationalinstitutes?What if cheap airfare packages are offered for international students?What if international students shift their destinations to other countries for furtherstudies?BackgroundIn previous years, the Australian dollar has always remained less valued than compared USdollar. However, present trend in international markets showed that it is becoming strongerand equivalent to US dollar. The value of Australian dollar has increased recently, and manyexperts have provided that it is expected to rise even further in following days. Now, thecurrency’s value has surpassed the ceiling limit of US$79, and it is showing possibilities ofsignificant growth. This calendar year, the Australian currency reported a growth of 9.9percent; it has reported an overnight increment of 1.5 percent which increased US$79.18 toits peak amount of US$79.43 (AFR, 2017). Continues and strong growth of Australiancurrency provide the weakness of US dollar, but, it owes a large amount to high-interest rates,international investors and prices of commodities (Conversation, 2017). The strong positionof Australian dollar may lead to different social, business and economic consequences.

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