Definition of globalisation This is the integration of economies‚ industries‚ markets‚ cultures and policy-making around the world. [1] Globalisation describes a process by which national and regional economies‚ societies‚ and cultures have become integrated through the global network of trade‚ communication‚ immigration and transportation. In the more recent past‚ globalisation was often primarily focused on the economic side of the world‚ such as trade‚ foreign direct investment and international
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The Framework of Tourism: Towards a Definition of Tourism‚ Tourist‚ and the Tourist Industry (Leiper‚ 1979) Find six academic definitions for tourism‚ tourist or travel. Discuss each of these six definitions and explain the merits and efficiencies of each one‚ making connections with the points raised by Leiper (1979) where possible. Then provide an overall discussion about which definition is best and for what reason/s. Introduction Six definitions for the term Tourism were found from a variety
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Economic Economics is the science that studies how people and societies make decisions that allow them to get the most out of their limited resources. Because every country‚ every business‚ and every person deals with constraints and limitations‚ economics is literally everywhere. This Cheat Sheet gives you some of the basic essential information about economics. the Big Definitions in Economics When studying any subject‚ a key first step is to learn the lingo. Here are definitions for three of
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values and our own continued existence. While each personʹs definition of sustainability is seen to be the most relevant‚ the question is a universal one and common to all. Whether our definition of sustainability is anthropocentric‚ biocentric‚ egocentric‚ ecocentric‚ econocentric‚ sociocentric‚ worldcentric or perhaps simply personally eccentric‚ they are all valid. Collected here is a retrospective look at over one hundred perspectives from an evolving list of thousands of definitions of sustainability‚ reflecting the different
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explain its importance. It begins with the definition of CSR and its four responsibilities‚ then presents how it influences a business and benefits it can bring. Finally‚ I am going to describe strategic CSR and discuss why firms have social responsibility. Conceptual definition of CSR The formalization of CSR started in the1960s. Since then‚ it boomed in the 1970s (Carroll‚ 1999 in Crane and Matten‚ 2004). In 2001‚ European Commission gave a definition of CSR: “a concept whereby companies integrate
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Introduction Definition Microeconomics vs Macroeconomics Basic economics concepts Basic economics problems Production possibilities curve INTRODUCTION Economics is one of the oldest disciplines among the humanities and is categorized as a social science. Economics examines and analyses the economic activity of people in order to satisfy their needs and desires. Human wants are the starting point of economic activity and provide the basis for economics. Generally‚ economics deals
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ADRP 3-05 also states‚ “ARSOF must demonstrate continuity of effort when dealing with political‚ economic‚ informational and military programs. They must not begin programs that are beyond the economic‚ technological or sociocultural capabilities of the Host Nation to maintain without further U.S. assistance. Such efforts are counterproductive. SO policy‚ strategy and programs must‚ therefore‚ be durable‚ consistent and sustainable.” Atkins’ operation was the epitome of “operate with and through
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complicated as it is deep‚ I found myself asking how we define “statehood”. It’s all good and well to say that the state is a contested organisation‚ but when the idea of what exactly a state is comes into it‚ that statement becomes all the less clear. By definition a nation state is a state/country that possesses clear borders and land‚ and contains mostly the same type of people by either race or cultural background. http://www.britannica.com/EBchecked/topic/467746/political-system/36702/National-political-systems
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DEPENDENCY THEORY: - Economic development theorists over the last few centuries have developed models for explaining the “undeveloped-ness” of countries in the third world countries. From Durkheim to the International Monetary Fund (IMF)‚ we have‚ time after time‚ come to witness the rise and fall of development theories and their explanations for the predicament that many poor countries face. Dependency theory has (more so than others) lasted a great deal of time in the framework of the international
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in terms of promoting economic prosperity. This essay is going to outline the importance of investment in terms of current and future economic activity by examining the effect of investment on growth and employment. The importance of the ability of the South African government to differentiate between private and public investment will be addressed by the use of a graph illustrating the investment rates of the private and public sectors. The essay will provide a definition of Capacity utilization
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