Case Study Ecotourism Sarawak Malaysia Tourism is the fastest growing industries in the world‚ employing over 120 million people. LEDC’s use tourism as an aid to develop their country. While tourism can bring huge advantages such as employment‚ improvements to the infrastructure of the country it has to be able to balance this with the disadvantages tourism brings. Too much tourism can result in the harm to natural environment and mass tourism can result in the loss of local cultures and traditions
Premium Malaysia Sarawak Borneo
1) Identify the change in total revenue (the marginal revenue) from the fourth shirt per day. What price reduction was necessary to sell four rather than three shirts? Marginal revenue for the fourth shirt is $41 even though it price is $44. Price reduction is $1 which is from $45 to $44. 2) What is the change in total revenue from lowering the price to sell seven rather than six shirts in each color each day? The change in total revenue from selling seventh shirts rather than sixth shirts is
Premium Profit maximization Marginal cost Marketing
Changes in the Government policy What are the main tools that the government manage the economy? The government manage the economy by using the fiscal policy. The Fiscal policy involves the use of government spending‚ taxation and borrowing to affect the level and growth of collective demand‚ output and jobs. Another way the government manage economy is by using the monetary policy. This policy is designed to attempt to influence variables like the balance of payments‚ currency exchange rates‚
Free Monetary policy Inflation Money
Introduction An open and competitive procurement procedure begins with the promoter’s description of its requirements and an invitation to suppliers to indicate their interest in the contract and their professional capacity to fulfil it. The promoter then identifies potential suppliers and invites them to submit bids. After the bidding phase‚ most procurement systems require a public declaration of the competitors’ names and their bid prices and‚ ultimately‚ of the successful bidder. There is
Premium Contract Procurement Contractual term
1. INTRODUCTION Johnson‚ Scholes and Whittington (2005‚ p. 9) define strategy as the direction and scope of an organisation over the long term‚ which achieves advantage in a changing environment through its configuration of resources and competencies with the aim of fulfilling stakeholder expectations. Strategy is therefore the long term direction of an organisation. Strategic Management can be defined as the art and science of formulating‚ implementing‚ and evaluating cross-functional
Premium Strategic management Management SWOT analysis
The possibility of abuse of company ’s resources is a real risk "that can lead to regulatory noncompliance" (Johnson‚ 2011). To ensure the company ’s profitability and survivability would need strict enforcement of security policies. The two most monitoring and enforcement policies I would be most concerned about is‚ Access Control‚ and virus protection. The monitoring regulations I would rely on for this activity are audit trails provided by logs‚ and ISO 27001/27002 (formerly ISO 17799:2005)‚ ITIL
Premium Computer security Security Policy
* Competitive Environment Paper In 2004 K-One Technology introduced a solar panel charger at an expo. “The solar mobile phone charger has a solar panel that can be activated to charge mobile phone by exposure to sunlight or lamp. It also incorporates rechargeable AA battery as back-up power in case of cloudy day or at night.” (Muhtar‚ NA) This was a device that used a panel and had battery back-up. This was still an interesting idea and close to the device being suggested. Solar energy is a newer
Premium Battery
Eco-Industrial Parks: The Case for Private Planning Industrial ecologists are championing eco-industrial parks or EIPs as tools for pursuing sustainable development. An EIP is a community of companies located in one region that exchange and make use of each other’s by-products or energy. Among the best known is Kalundborg‚ Denmark‚ a city in which the major industries and the local government trade their waste streams and energy resources. Many commentators see Kalundborg as a model that should
Premium Symbiosis Waste Sulfur
Very simply‚ the term competitive advantage means the positioning a firm takes in relation to other firms in its industry. According to Michael Porter‚ there are three different way to sustain a competitive advantage. These three different strategies are cost leadership‚ differentiation‚ and focus. The term cost leadership describes when a firm provides the same or similar services or products as other firms but does so at a lower price. The term differentiation means a firm offers a superior
Premium Fast food restaurant Consumer Superiority complex
Political Science 1020E Professor Nigmendra Narain Term 1 Essay: What role should religion play in government policies? By Nivedita Sen Student Number: 250589199
Premium Religion Minority group