porter's five module for tourism
BOTSWANA ACCOUNTANCY COLLEGE THE IMPACTS OF TOURISM DEVELOPMENT IN BOTSWANA
BY
THABISO TLHAOLANG
A RESEARCH PROJECT SUBMITTED TO BOTSWANA ACCOUNTANCY COLLEGE IN PARTIAL FULFILMENT OF THE BRIDGING PROGRAMME
IN
INTERNATIONAL TOURISM MANAGEMENT
BOTSWANA ACCOUNTANCY COLLEGE
FRANCISTOWN, BOTSWANA
YEAR: 2013
Contents
STATEMENT OF ORIGINALITY
I hereby declare that this submission is my own work and to the best of my knowledge, any information which is not mine has been acknowledged by the means of citation and references.
Signature Date
………………………. .…………….
ACKNOWLEDGEMENTS
I would like to express my very appreciation to my lecture for her valuable and constructive suggestions during the planning and development of this research project. Her willingness to give her time so generously has been very much appreciated.
I would also like to thank everyone who has helped me in completing this project.
EXECUTIVE SUMMARY
The goal of this project was to discuss the determinants of price elasticity of supply and demand in the tourism industry, how the demand for tourism products reacts with the rice in price and how suppliers of tourism products react also to rise or decline in price for this products.
Through the aims and objectives of the project, I was able to find out that tourists tend to react on the long run than on the short run when it comes to an increase in price because on the short run there would not be anything they can do to avoid the costs of rise in price so in the short run tourists are inelastic but on the long run they are elastic since now they would have found means of avoiding the costs they get in due to rise in price.
Suppliers also tends to be more
BY
THABISO TLHAOLANG
A RESEARCH PROJECT SUBMITTED TO BOTSWANA ACCOUNTANCY COLLEGE IN PARTIAL FULFILMENT OF THE BRIDGING PROGRAMME
IN
INTERNATIONAL TOURISM MANAGEMENT
BOTSWANA ACCOUNTANCY COLLEGE
FRANCISTOWN, BOTSWANA
YEAR: 2013
Contents
STATEMENT OF ORIGINALITY
I hereby declare that this submission is my own work and to the best of my knowledge, any information which is not mine has been acknowledged by the means of citation and references.
Signature Date
………………………. .…………….
ACKNOWLEDGEMENTS
I would like to express my very appreciation to my lecture for her valuable and constructive suggestions during the planning and development of this research project. Her willingness to give her time so generously has been very much appreciated.
I would also like to thank everyone who has helped me in completing this project.
EXECUTIVE SUMMARY
The goal of this project was to discuss the determinants of price elasticity of supply and demand in the tourism industry, how the demand for tourism products reacts with the rice in price and how suppliers of tourism products react also to rise or decline in price for this products.
Through the aims and objectives of the project, I was able to find out that tourists tend to react on the long run than on the short run when it comes to an increase in price because on the short run there would not be anything they can do to avoid the costs of rise in price so in the short run tourists are inelastic but on the long run they are elastic since now they would have found means of avoiding the costs they get in due to rise in price.
Suppliers also tends to be more
Bibliography: Fisher. (2007). Elementary Principles of Economics. Cosimo Classics: New York Friedman, M. (19953) Essay in Positive Economics Hall, C. I. (2002) Introduction to Economic Growth: Norton & Co