Anyone taken sociology ? Conflict approach

[kathos]

Hey,

I don't normally do this, but why not take advantage of all the smart people that are on here. Hopefully someone will be able to help.

I'm doing an online exam that is only due tomorrow night, so I'll take the time and ask my question here before I actually submit my work.

The class is Sociology of Business.

Here's the question: The Stock Market is essentially a system that reflects society. Stocks move based on the perception of what could occur, fear, risk and greed. Take the conflict theory and discuss how a person using the conflict approach would understand how stocks change in price.

Any help is appreciated. The only thing I'm having issues with is linking the conflict approach as I don't fully understand the term, maybe if someone explained to me in simpler terms than what I found online it would help.

[R00k]

I never took sociology, nor finance, but it seems they are asking you to give examples how outside factors change a persons perception of the market. Example, the cold snap in Florida a few weeks ago and tomato and orange prices sky rocket. Weather reports in this case could be used to forecast the market. I think the "conflict approach" is just an synonym of "a persons perception".

[Shok]

Hey,

I don't normally do this, but why not take advantage of all the smart people that are on here. Hopefully someone will be able to help.

I'm doing an online exam that is only due tomorrow night, so I'll take the time and ask my question here before I actually submit my work.

The class is Sociology of Business.

Here's the question: The Stock Market is essentially a system that reflects society. Stocks move based on the perception of what could occur, fear, risk and greed. Take the conflict theory and discuss how a person using the conflict approach would understand how stocks change in price.

Any help is appreciated. The only thing I'm having issues with is linking the conflict approach as I don't fully understand the term, maybe if someone explained to me in simpler terms than what I found online it would help.

Kathy,

Thanks for the compliments of us being smart people.
I did do alot of socializing in school but sorry I didnt talk about the stock market, only about houseleague floor hockey, girls and trying to design beer bongs.

[kathos]

I never took sociology, nor finance, but it seems they are asking you to give examples how outside factors change a persons perception of the market. Example, the cold snap in Florida a few weeks ago and tomato and orange prices sky rocket. Weather reports in this case could be used to forecast the market. I think the "conflict approach" is just an synonym of "a persons perception".

Thanks! As simple as that sounds, that's all I needed. I used the example of how the Haiti crisis is hurting many different companies. I also created an example of what would happen if Apple lost Steve Jobs (if he passed away). It would not only hurt Apple, but Microsoft on the other hand would benefit from the loss. Conflict theory states that one benefit's from the loss of another. This would be a good example to link conflict approach to the main subject which is conflict theory.

Thanks Rook !

[kathos]

Kathy,

Thanks for the compliments of us being smart people.
I did do alot of socializing in school but sorry I didnt talk about the stock market, only about houseleague floor hockey, girls and trying to design beer bongs.

That's something I CAN help you with.

[MasterSplinter]

Let's take a look at Toyota, and their accelerator peddle issue... stocks dropped as the concern for safety became inflated... Had Toyota addressed the concern earlier, this recall would not have gotten as much publicity.

Stock holders sell stock when their investments are looking bad, they have no loyalty to the product per say, but only of it's popular appeal.

A chain reaction happens... People get fearful that 'smart' people know what is going on, and they follow suite.

Hey,

I don't normally do this, but why not take advantage of all the smart people that are on here. Hopefully someone will be able to help.

I'm doing an online exam that is only due tomorrow night, so I'll take the time and ask my question here before I actually submit my work.

The class is Sociology of Business.

Here's the question: The Stock Market is essentially a system that reflects society. Stocks move based on the perception of what could occur, fear, risk and greed. Take the conflict theory and discuss how a person using the conflict approach would understand how stocks change in price.

Any help is appreciated. The only thing I'm having issues with is linking the conflict approach as I don't fully understand the term, maybe if someone explained to me in simpler terms than what I found online it would help.

[MasterSplinter]

How did this turn out anyway?

[powerzord]

war ---> weapon manufacturing companies $
disease {frog flu/ ape flu / bung hole flu} --> pharmaceutical companies $

[metchsteekle]

revolution-> war-> technological advancements-> progress -> peace -> evolution [repeat]

[JPL]

So if we want to evolve... we new another war... cool

[JPL]

we NEED a new war... sorry

[kathos]

we NEED a new war... sorry

Let's not turn this thread into garbage... I will let you guys know how I did.

Thanks again.

[MasterSplinter]

Let's not turn this thread into garbage... I will let you guys know how I did.

Thanks again.

Personally, I am very interested in what you wrote, not how you did.

[Baker]

if Apple lost Steve Jobs (if he passed away). It would not only hurt Apple, but Microsoft on the other hand would benefit from the loss.

Actually that would help Google, Microsoft wouldn't be affected that much. Apple fears Google so much that they switched the iPhone default search engine to Microsoft's "Bing" search engine.

Microsoft envisioned a world dominated by desktop computing and dominating that world. What we instead have is a world where phones, netbooks, tablets and even gaming consoles are the future.

(For example, I know some people who literally use their PS3 to use the internet and watch movies. It is increasingly common for people to use their phone for internet. Desktops are becoming the "land line phone" equivalent and Microsoft never invested in the emerging future while companies like Apple and Google have a strong lock on phones and portable devices.)

[R00k]

Back in the late 80s i had a similar model to this, and thought it would be cool "one day" to have a portable computer the same size. lol!