for Hospitality and Tourism Assignment 1 – Individual Written Project “Tourism and the Benefits it brings” Class of / Group: BH6 / G1 Name: Ribka Marchella Limantara Student ID: 0309243 Date of Submission: 8th November‚ 2012 Lecturer: Ms. Audrey Lee The tourism industry is the “fourth largest industry in the global economy” (Honey‚ et al.‚ 2009:1). In the last few decades‚ it has been considered to be one of the most rapidly growing industries. According to Tourism Highlights (2012)‚ there
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Negative Economic Impacts of Tourism There are many hidden costs to tourism‚ which can have unfavorable economic effects on the host community. Often rich countries are better able to profit from tourism than poor ones. Whereas the least developed countries have the most urgent need for income‚ employment and general rise of the standard of living by means of tourism‚ they are least able to realize these benefits. Among the reasons for this are large-scale transfer of tourism revenues out of the host
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What are the differences between absolute advantage and comparative advantage? Absolute advantage and comparative advantage are two basic concepts to international trade and perhaps two most important concepts in international trade theory. Under absolute advantage‚ one country can produce more output per unit of productive input than another. With comparative advantage‚ if one country has an absolute (dis)advantage in every type of output‚ the other might benefit from specializing in and exporting
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Recent conceptual work on tourism destination competitiveness has proposed a comprehensive approach that adds industry-level competitiveness attributes to more conventional tourism destination attributes. This study builds on these ideas by generating sets of both attributes‚ developing a methodology for assessing their relative importance and examining the degree to which their relative importance varies across locations. Survey data were gathered from tourism industry practitioners in three
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Ms. Wyosette Solomon BSTM-401 Tourism Impact * Pro-Poor tourism (PPT) - Results in increased net benefits for poor people. Tourism is often claimed to be the largest industry in the world‚ thus creating both opportunities and responsibilities. Tourism can make a positive difference – and it should. Tourism can bring great benefits to local communities but only if it brings sustainable livelihoods‚ employment or additional
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What is the difference between competitive advantage and comparative advantage? Answer: An advantage that a firm has over its competitors‚ that differentiates the Product or services offered by the firm and allows the firm to reduce it’s Cost or generate Higher Revenue or Margin is known as Competitive Advantage. A competitive advantage is something that a consumer views in a product or service as having higher value than the other competitors of the firm in the industry. It is an expertise that
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Abstract Tourism research has evolved from the time when studies on tourism were based in other disciplines to become an academic research field of its own. Tourism critical theory is the pinnacle of that development. Today research in tourism is done using both qualitative and quantitative approaches. If the research is designed to prove a theory it takes the deductive strategy while on the other hand inductive strategy is used to generate theory. The developments are not only in the approaches
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Tourism in Post-Crisis is Tourism in Pre-Crisis: A Review of the Literature on Crisis Management in Tourism 2006-1 Dr Christof Pforr Curtin University of Technology School of Management Working Paper Series 2006-1 Tourism in Post-Crisis is Tourism in Pre-Crisis: A Review of the Literature on Crisis Management in Tourism Dr Christof Pforr Curtin University of Technology School of Management GPO Box U1987 Perth WA 6845 Australia Tourism in Post-Crisis is Tourism in Pre-Crisis: A Review
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of the keys to tourism development‚ a complete contradiction to that of the essay statement‚ which I believe really has no ground to stand on. In this essay I will illustrate this point by showing the roles with which local government plays within the community‚ and the importance it has to creating a successfully developed tourism product that maximises the benefits for not only the residences of the community but the tourist himself. Over the past forty years‚ trends in the tourism industry illustrate
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Sample Assessment Materials Edexcel GCSE in Statistics (2ST01) Inside this Sample Assessment Materials pack you’ll find: • Accessible papers to help you and your students prepare for the assessment • Clear and concise mark schemes to • Supported controlled assessment let you know what the examiners are looking for information including sample tasks and assessment criteria to share with students. Issue 3 February 2010 Welcome to the GCSE 2009 Statistics Sample Assessment Materials
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