Page 1 of 15

The Effects of Proliferation of Foreign Investments in the Philip...

Continues for 14 more pages »
Read full document

The Effects of Proliferation of Foreign Investments in the Philippines: Basis for Evaluation of Applicable Laws and Government Policies Affecting Multi-National Organizations

Page 1 of 15
THE EFFECTS OF PROLIFERATION OF FOREIGN INVESTMENTS IN THE PHILIPPINES: BASIS FOR EVALUATION OF APPLICABLE LAWS AND GOVERNMENT POLICIES AFFECTING MULTI-NATIONAL ORGANIZATIONS

A research paper presented to
Dean Vaughn Buaquina
Institute of Graduate Studies
San Sebastian College- Recoletos, Manila

In partial fulfillment of the requirements
in the subject
Methods of Research

By

Jean Ll. Reonal
School Year 2010-2011

CHAPTER I

THE PROBLEM AND ITS BACKGROUND

Introduction

Everybody wants to travel, everybody wants to go to the place they’ve never been to. People travel for so many reasons, for leisure, shopping, business, education, reunions, pilgrimage, etc. Others travel because they want to witness the world cups and Olympics, visit the cultural heritage and landmark of other countries and to experience extreme sports. Travelling is part of people’s life. It can be a wonderful experience when it is spent with family, friends and loved ones; it can also be draining and tiring. For some point in time people embrace other’s cultures and try to understand others way of living.

Tourism Industry is one of the most exciting and progressive industries all over the world. It provides services for people to experience pleasure and activities away from home. Therefore, it is highly significant to give importance and take care of the tourist attractions for the author of the book Vacationscape: Designing Tourist Regions, Dr. Clare Gunn once said: …attractions are at the forefront, culturally and economically. With attractions in the vicinity, even when they are free, economic impact begins. When thousands or millions of visitors are lured to an area, the need then arises for lodging, food service, entertainment, and purchases of products. It is at this point that employment, wages, tax payments, and returns on investment begin. All such services therefore are really dependent upon attractions.1

Philippines is an archipelagic...

Rate this document

What do you think about the quality of this document?

Share this document

Let your classmates know about this document and more at Studymode.com