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
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‚ the development of tourism is often a strategy to promote a particular region for the purpose of increasing commerce through exporting goods and services.Secondly‚ it provides direct employment for the people associated with occupations in bars and hotels. Thanks to it‚ the average
Premium Tourism Cultural tourism World Tourism Organization
entertaining a guest with goodwill. Hospitality in the commercial context refers to the activity of hotels‚ restaurants‚ catering‚ inn‚ resorts or clubs who make a vocation of treating tourists. Helped With unique efforts by government and all other stakeholders‚ including hotel owners‚ resort managers‚ tour and travel operators and employees who work in the sector‚ Indian hospitality industry has gained a level of acceptance world over. It has yet to go miles for recognition as a world leader
Premium Hotel Hospitality industry
As you know nowadays almost every home‚ office or school has a computer or even a few of these devices. Anyway‚ these modern technologies without which lots of people cannot imagine their lives have some advantages as well as disadvantages. To begin with‚ I would like to comment on the advantages. So firstly‚ computer gives you the opportunity to access a lot of information about everything not to mention the fact that you can store large amounts of information on the computer in a database. One
Premium Cost Computer data storage Computer
Technology is a systematic knowledge and action‚ usually of industrial processes but applicable to any recurrent activity. Technology is closely related to science and to engineering. Science deals with humans’ understanding of the real world about them—the inherent properties of space‚ matter‚ energy‚ and their interactions. Engineering is the application of objective knowledge to the creation of plans‚ designs‚ and means for achieving desired objectives. Technology deals with the tools and techniques
Premium Management Engineering Technology
“Modern Technology has improved our quality of life” Modern technology is the use of machines etc to improve our standards of living such as non-materialistic qualities of life (healthcare‚ education etc) or materialistic qualities of life such as the use of smartphones etc. Modern technology has greatly improved our quality of life through the invention of medical technology to provide better and cleaner healthcare services such as the defibrillator and the X-Ray machine. Both the defibrillator
Premium Improve Mobile phone Carbon dioxide
Advantages and Disadvantages of information technology in Business Advantages: Increases production and saves time: Business use technology to automate tasks. A good example is a bakery which uses automated temperature censors to detect any drop or increase in room temperature in a bakery. These censors will send information directly to the operator and report any temperature change. This saves the bakery time and it also results into quality products. Improves communication through communication
Premium Internet Business
What are the main advantages and disadvantages of foreign direct investment as a means of entering new markets? Support your answer with real examples‚ where possible. Introduction Globalization describes the process by which regional economies‚ societies‚ and cultures have become integrated through a global network of communication‚ transportation‚ and trade. Bhagwati (2004). Big part of globalization is Foreign Direct Investment. Foreign direct investment (FDI) can be defined as the
Free Foreign direct investment Investment Multinational corporation
modern invention have speed up peoples lives amazingly.motor cars cover s 100 miles in just few time.all this saves time but at a price.mobile phones also have their dangers‚ according to scientists too much use of mobile phones may transmit harmful radiation into our brains. Our behavior‚ also felt the impact of modern technology. people seem to be in a rush‚ and increasingly impatient. The obsession in saving time results in many people trying to imitate computers in an effort to handle tasks
Free Mobile phone Technology Engineering
the economies of low- income countries‚ allowing them to grow more rapidly than developed countries. Foreign direct investment comes with its own costs and benefits‚ as the organization or business providing the funding is concerned with securing advantages in the nation in which it is investing. Business Sectors • Foreign investors may change the balance among types of businesses in a country. If investors from abroad decide that they want to invest in banks‚ rather than farms or manufacturing
Premium Investment Foreign direct investment Finance