Executive summary 1. EXECUTIVE SUMMARY Booming industry Indian travel and tourism experienced a boom during 2004. There was a surge in arrivals and departures as well as robust expansion in domestic tourism. After growing by 15% in 2003‚ the number of incoming arrivals rose by a hefty 22% in 2004 over 2003. Not surprisingly‚ incoming tourism receipts also rose sharply by about 16% in 2003 and 32% during 2004. Strong government support The strong support provided by the government played an
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Unit 1- Task 3 Interrelationships in Travel and Tourism Individual businesses must work in partnership with other organisations in order to be successful. Tourism is a very competitive and complex sector and many companies develop links with other businesses as a way of maximising profits. If for example Thomas cook didn’t work with other hotels‚ insurance companies‚ company picks up on arrival‚ Thomas cook wouldn’t make any profits‚ as customers wouldn’t want to book a holiday with a company who
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The Future of Luxury Travel © Brown + Hudson 2011 A Global Trends Report First Findings for ILTM Asia JUNE 2011 EXECUTIVE SUMMARY What does the future hold for the luxury travel industry? Where are we headed? In order to isolate the key trends and achieve a clear view of the direction of luxury travel‚ International Luxury Travel Market (ILTM) has launched a global research project on the luxury travel industry. The objective of the research is two-fold: to identify key supply and
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Travel & Tourism Tourism can bring many benefits to a destination. Tourism can positively impact an area’s economy‚ social cultural‚ and environment. At the same time‚ there can be negative effects to the economy‚ social cultural‚ and environment. The tourism industry is extremely large and continuously growing‚ which is why the impacts and effects weigh so heavily on a destination. Traveling and engaging in touristic pursuits are popular leisure activities. New trends emerge as tourism continues
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3.1 Describe the different types of business that operate within the tourism industry Travel agencies can be categorized briefly into three different types‚ they are include: 1. In bound Tour Operators 2. Outbound Tour Operators 3. Corporate Travel Service Agencies 4. Land operators – Cooperation among travel agencies. For inbound tour operators‚ the customers are mainly tourists and visitors from foreign countries such as USA‚ England and Japan. About the tour operations
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Cross Cultural Management Chapter Case #1 1. Australia and New Zealand have a very different culture from pretty much every other country in Asia‚ especially when it comes to how business is done. Even though Indonesia has many business opportunities that other countries could take part in‚ such as‚ agribusiness‚ the automotive industry‚ business and financial services‚ construction and infrastructure‚ information and communication technology‚ e-commerce‚ education and training; environmental
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at the same time know very little. One conclusion‚ however‚ is pretty straight forward. Time travel at least the kind that would be of any use to us is just not possible. Firstly we will focus on a few ideas and questions about time travel. One major question asked by people is: if time travel exists where are all the time travelers? This does seem to be an exceptional question. If time travel does exist then wouldn ’t we see time travelers popping up here and there in different time periods
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The Warnaco Group Inc. – Accounts Receivable Refer to Warnaco’s Form 10-Q for the quarter ended April 3‚ 1993. A. What is a Form 10-Q? How do the financial statements included in a Form 10-Q differ from the financial statements included in a Form 10-K filing? The Form 10-Q is a quarterly report designed to give a status of how a business is doing after three months of operation. The Form 10-Q and the Form 10-K differ in the report’s interval; the Form 10-K is an annual report. B
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Case 1 Paper products‚ Inc. Introduction Paper Products Inc.‚ a manufacturer of file folders‚ file markers and labels‚ and a variety of indexing systems‚ the products of PPI are of great quality and have no match with the competitors. The case basically revolves around a decision that is to be taken on a proposition offered by Office Center Inc. – a distributor of office supplies i.e. offering PPI to get into Dealer Branding‚ creating a product under dealers brand name similar to that of its
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Plaintiffs making a claim under Rule 10b-5 must plead scienter by “stat[ing] with particularity facts giving rise to a strong inference that the defendant acted with the required state of mind.” Livid‚ 403 F.3d at 1055 (internal quotation marks omitted). The higher pleading standards incorporates the scienter standard in the federal rules that requires the circumstances constituting the fraud be pled with particularity‚ but allows the plaintiff to plead the state of mind generally. Fed. R. Civ. P
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