The economic disadvantages of the Tourism industry: The Bahamas should diversify its economy! Successfully operating a business in an ever changing world requires vision on the part of the entrepreneur; this means being able to predict future trends and prepare the company for forecasted changes in the economic system. In truth‚ commanding a country is no different than that of a business as it too should be able to adapt to global changes in the economy. Machiavelli‚ the esteemed
Premium The Bahamas Tourism Bahamas
INTRODUCTION According to Collier (1997) tourism involves three aspects‚ it involves people(tourists) away from their usual habitat‚ the activities of people away from their usual habitat will normally give rise to an industry and the activities of both the people and the industry may or will have impact on the host community. 2.0 DISADVANTAGES OF TOURISM 2.1 THREATHEN INDIGENOUS IDENTITY Tourism gives positive impacts to a country but the impacts arise when tourism brings about changes in value systems
Premium Tourism
Now days people become aware of decreasing in the travel expenses of the international travelling and this has positive impact on the tourism industry‚it is a trend without drawbacks.Both positive and negative impact of the increasing tourism activity will be discussed in this essay. Tourism industry is playing a important part in different countries in term of social economy.Firstly‚a host countries will benefit in term of currency exchange rate thus has a positive impact on the locals whether
Premium England
are decreasing and tourism is growing. What are the advantages and disadvantages of increasing tourism activity in different countries? Nowadays more and more people are becoming aware of the decrease in the expenses of travelling and hence tourism is booming. Although many may see this as a positive phenomenon‚ it is not a trend without drawbacks. Both the pros and cons of the rapidly growing tourism activity will be discussed in this essay. It is believed that tourism is playing an important
Premium Tourism World Tourism Organization England
Tourism is the act of travel for the purpose of not only recreation‚ but also the provision of services for this act. It might occupy local services such as entertainment‚ accommodation and catering for tourists. It may seem‚ that tourism brings only benefits‚ but further consideration shows that it also has disadvantages. According to Shirleyrader (2014) ‚ many countries depend heavily upon travel expenditures by foreigners as a source of taxation and as a source of income for the enterprises. Therefore
Premium Tourism Cultural tourism World Tourism Organization
“Tourism can be a blessing to a country but it is by no means an unmixed blessing.” Discuss By: L6E1 Tourism is the world’s largest and fastest growing industry and can be defined as the totality of the relationship and phenomenon arising from travel and education purposes of people‚ provided the stay does not imply the establishment of a permanent residence and is not connected with remunerated activity. While it may boost a country’s economy‚ doubts about the overall benefits
Premium Tourism World Tourism Organization
ADVANTAGES & DISADVANTAGES OF TOURISM Advantages 1. Tourism provides foreign exchange (US dollars) which allows: i) The government to pay bills such as: a) Allows government to pay foreign debt. b) Allows the Bahamian dollar to stay on par with the US dollar. c) Allows government to pay the thousands of persons employed in government their monthly salaries. d) Allows government to have money to do road works‚ school construction and all other governmental works. ii) Allows Bahamians
Premium Management Marketing Economics
Nowadays‚ tourism is becoming one of the most attractive sectors in many countries in the world. Many people travel a lot yearly‚ a large number of companies invest much money in this field because of its benefits. It may seem that tourism brings only benefits‚ but further consideration shows that it also has disadvantages. It can be admitted that tourism offers many advantages. The most obvious advantages is generating huge amounts of money which contributes considerably to the economic growth
Premium Tourism Natural environment World Tourism Organization
Advantages and disadvantages of tourism Nowadays many people travel around the world. They get new experience‚ emotions‚ relaxation… But is it that good? In some cases a trip can be even dangerous. If it is‚ is the new experience worth going for a trip? One major disadvantage of tourism is that it is dangerous. There are many animals and deceases which are not common for our country‚ and we do not know about their existence and symptoms. When people get back they don’t pay attention to
Premium The New Black Travel Traveler
Marketing in Tourism * A definition of marketing‚ as described by the Chartered Institute Of Marketing “Marketing is the management process that identifies‚ anticipates and supplies customer requirements efficiently and profitably.” Chartered Institute Of Marketing * The components of marketing 1. Identifying customer needs i.e. market research 2. Producing a product that meets customers needs 3. Calculating the price that meets customer demand 4. Producing the right
Premium Marketing