Research Methodology of Climate Stress on Australian Businesses

Question: Discuss about the Research Methodology of Climate Stress on Australian Businesses. Answer: Introduction Multifarious impacts of climate have been seen and visualized globally, some of it is on business(Hennessy, 2008). Australia being located away from most continents of the world is surrounded by the ocean. UN reports major climatic change and impacts have been brought about by vulnerability, caused by way of increasing pollution. Major studies conducted indicated impacts of such climate change on the human society, but its detrimental impacts on businesses are now being diagnosed. A 2 to 3 degree rise in temperature has caused wide spread damage to the ecosystem, causing major animal, plant and fish species to become extinct(Mulki, 2008). This has affected fishing on a major scale in Australia, hampering the fishing industry. The scope of this report evaluates methodologies adopted in order to conduct the study. Aim and Objectives In order to attain goals of the study, the following aims and objectives needs to be attained. Research Objective 1: To analyse the impact caused by climate stress on businesses in general Research Objective 2: To understand the impact of climate stress on oceans. Research Objective 3: To examine fluctuations in ocean temperatures impact on marine life Research Objective 4: To understand revenue generated from fishing and its impact on Australian economy Research Objective 5: To analyse the negative impact of reduced aquatic life to the fishing industry(Harle, 2007) Methodology In order that the aims along with goals of the study is met, a comprehensive literature review is undertaken(Nelson, 2008). Research methodology is a process of developing research ways and means, such that aims and goals of a study by means of data collection and analysis is undertaken. Then findings and analysis reflects results from key understanding related to the study. Literature Review A literature review is a comprehensive analysis of relevant literature sources that have been taken from the study. There are several literature texts and journals that has been undertaken for the purpose of analysis, which are as follows. W.N.Adger (2009), Four reasons for concern about adaptation to climate change. In Environment and Planning A, pages 2800 to 2805(Adger, 2009). The scope of this journal reflects the necessary areas that are reflects adaptations that needs to be undertaken for particular climatic changes. M.Alston (2011), Gender and climate change in Australia. In Journal of Sociology, pages 53 to 70(Alston, 2011). This journal refelcts climatic impacts specific to Australia. M.R.Anwar (2007), Climate change impact on rainfed wheat in south-eastern Australia. In Field Crops Research, pages 139 to 147(Anwar, 2007). Climate changes on Australian food system is referred in this. L.Berry (2011), Climate change and farmers mental health: risks and responses. In Asia Pacific Journal of Public Health, pages 119S to 132S(Berry, 2011). This journal analyses specific climatic change bringing health impacts on farmers. S.A.Bond (2010), Psychosocial safety climate, workplace bullying, and symptoms of posttraumatic stress. In Organization Development Journal, page 37 is another journal refered for the purpose of this study(Bond, 2010). K.F.Hennessy (2008), An assessment of the impact of climate change on the nature and frequency of exceptional climatic events. In Australian Government Bureau of Meteorology: Melbourne analyses relevant climatic impacts on Australian governments (Hennessy, 2008). J.P.Mulki (2008), Effect of ethical climate on turnover intention: Linking attitudinal-and stress theory. In Journal of Business Ethics, pages 559 to 574 analyses ethical impact of climate(Mulki, 2008). Data Collection Various quantitative and qualitative data needs to be collected for undertaking this study(Eriksson, 2015). Data is collected form source primary and secondary in nature. Primary data has been collected through interviews whereas secondary data is collected from journals, newspapers, internet sources and other relevant sources. Interviews Interview is used as a data collection source for the purpose of this study(Silverman, 2016). Interview with several small and medium enterprises has been obtained and then analyzed in order to arrive at results for the analysis. References Adger, W. N. (2009). Four reasons for concern about adaptation to climate change. Environment and Planning A, 2800-2805. Alston, M. (2011). Gender and climate change in Australia. . Journal of Sociology, 53-70. Anwar, M. R. (2007). Climate change impact on rainfed wheat in south-eastern Australia. Field Crops Research, 139-147. Berry, H. L. (2011). Climate change and farmers mental health: risks and responses. Asia Pacific Journal of Public Health, 119S-132S. Bond, S. A. (2010). Psychosocial safety climate, workplace bullying, and symptoms of posttraumatic stress. . Organization Development Journal, 37. Eriksson, P. . (2015). Qualitative methods in business research: A practical guide to social research. Sage. Harle, K. J. (2007). The potential impact of climate change on the Australian wool industry by 2030. . Agricultural Systems, 61-89. Hennessy, K. F. (2008). An assessment of the impact of climate change on the nature and frequency of exceptional climatic events. . Australian Government Bureau of Meteorology: Melbourne. Mulki, J. P. (2008). Effect of ethical climate on turnover intention: Linking attitudinal-and stress theory. Journal of Business Ethics, 559-574. Nelson, R. H. (2008). Using adaptive governance to rethink the way science supports Australian drought policy. environmental science policy, 588-601. Silverman, D. e. (2016). Qualitative research. Sage.