CONTENTS Task One: Reaching the full potential of tourism 1 2 3 4 5 6 Introduction Tourism boom in post war era Need of the hour- enhancing quality of employment Inertia as an impediment Association of MACRO and MESO factors Prospective publications for the article 02 02 02 03 03 04 Task Two: appropriate strategy by harmonizing with ground realities 8 9 Introduction Labour Market below par with demand 05 05 06 07 08 09 10 Inertia as an impediment to expansion 11 Ground realities contradict
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THE PHILIPPINE TOURISM INDUSTRY ANALYSIS I. SCANNING OF THE EXTERNAL ENVIRONMENT A. OPERATING ENVIRONMENT 1. ECONOMIC INDICATORS Income‚ employment‚ balance of payments and investments are all the positive impacts of the tourism industry. The industry generates income through salary‚ wages‚ loan and interest. The amount spent by tourists though their currency in the accommodation‚ food and beverage and other tourism services and products‚once they visited in our country‚ becomes our tourist
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Our group has conducted research on future demographic trends and predictions focusing on Singapore in year 2020. We have made used of the PESTEL analysis to carry out this research. PESTEL analysis which stands for Political‚ Economic‚ Sociological‚ Technological‚ Environmental and Legal is one of the important frameworks that can be used for macro-environmental scanning to understand situation as a whole. (Marketing Minefield 2012) In year 2020‚ Singapore’s political issue will be more opposition
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assess whether your business will be a success Welcome to the Queensland Government’s ‘7 steps to business success’. Starting a business can be both rewarding and challenging. However‚ poor planning and lack of preparation contribute to many business failures. By following the 7 steps outlined in this guide you will increase your chances of business success. What are the 7 steps to business success? Step 1 - Consider your suitability Step 2 - Consider your idea Step
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Issues in the Malaysia Tourism Industry Malaysia tourism obtained the fast development as a result of it own superiorities in natural and cultural travel resources as well as government’s vigorously support. It has become the country’s second biggest source of foreign exchange and the third largest economy sector. But under this excellent prospect‚ we instead should have a more sober understanding to the tourism’s vulnerability and the issues in the Malaysia travel industry to continue developing
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Factors affecting Cultural tourism Economic Impact The events and festivals are recognized as economic drivers‚ with their help business and tourism are not only industry field which benefits from festivals‚ but the most cities and municipalities themselves benefit. Cultural tourism has been placed at the center of many urban regeneration strategies because it can provide the basis to reanimate city centers‚ rejuvenate existing cultural facilities‚ create new cultural
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SWOT analysis looks at your strengths and weaknesses‚ and the opportunities and threats your business faces. By focusing on the key factors affecting your business‚ now and in the future‚ a SWOT analysis provides a clear basis for examining your business performance and prospects. This briefing outlines: • Typical strengths‚ weaknesses‚ opportunities and threats‚ and how to identify them. • How to use SWOT analysis to drive your business forward. 1 Self-analysis Use SWOT analysis as part of
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Tourism‚ which is becoming a major driver not only of economic development but cultural exchange and global awareness‚ has also adopted CSR. Increasing material wealth and living standards in developing nations mean that societies which until recently were relatively isolated from other parts of the world are becoming integrated. Worldwide development in transportation infrastructure is increasingly making any place on earth a potential destination for tourism. While considered
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Marketing Research • Marketing is about anticipating and identifying the wants and needs of a target market of consumers‚ then satisfying those needs in order to make a profit. • Firstly‚ travel and tourism organisations must understand their customers’ demands. This is the ’anticipating’ and ’identifying’ part of the definition. Marketing Research: • Anticipating and identifying demands depends on effective marketing research. • Research into the existing and potential market. • We will look
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------------------------------------------------- Structure and organization[edit] The tourism industry is based on many different components and interrelated parts. For example‚ transport‚ accommodation‚ attractions‚ activities‚ marketing and government regulation. Many businesses span more than one sector and the impacts in one part of the tourism industry have significant implications for other sectors. The tourism industry includes: 1. those sectors which enable the tourist to travel to and from the destination (for
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