Test #3 Study Guide – International Management Chapter 12 – Motivation across Cultures Motivation – A psychological process through which unsatisfied wants or needs lead to drives that are aimed at goals or incentives Intrinsic – A determinant of motivation by which an individual experiences fulfillment through carrying out an activity itself and helping others Extrinsic – A determinant of motivation by which the external environment and result of the activity in the form of competition and compensation
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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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We the people of the 21st Century live in a world in which the international boundaries which existed before are in the process of becoming a nullity. The few boundaries that do exist are merely superficial and restricted to sensitive national issues. But‚ the economic walls between countries have been collapsing since the industrial revolution. This phenomenon is due to the paradigm shift in National policies of many countries from being conservative to being radical. There has been such a proliferation
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Mid-semester exam sample 21/02/2012 Shabbir Ahmad Mid Semester Exam- Sample questions Section 1-Multiple choice 1. Benefits of international trade are a. limited to tangible goods. b. limited to intangible goods. c. limited to all goods but not services. d. limited to services. e. not limited to any of the above categories. 2. The gravity model explains why a. trade between Sweden and Germany exceeds that between Sweden and Spain. b. countries with oil reserves tend to export oil. c. capital
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My trip to Aruba There are so many places to travel in the world‚ but my favorite beautiful Caribbean island is Aruba. Aruba has a beautiful warm weather‚ exciting beaches‚ and tons of activities to do all year long. Aruba is a tropical island located close to South Caribbean. The island is 33km-long and it is part of Kingdom of Netherlands. Unlike much of the Caribbean region‚ Aruba has a dry climate all year long. This helps visitors or tourist to relax in warm weather throughout the year
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Impact of the internet to tour operators and travel agents Introduction The growth in the ICT sector hardly goes unnoticed since it affects every other industry‚ tourism included. The effects of internet in tourism have revolutionized tourism by encouraging people to travel from one place to another. The internet has increased the access of information and greatly improved communication in the world. The internet has affected tourism both positively and negatively. With the advance in technology
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Public International Law Case Study By: Benedicte Akambu Module Code: LG134 Student Number: 14553233 Question One a) Explain the concept of state sovereignty. When we look at the concept of state sovereignty‚ first of all we must look at the word sovereignty. We may ask ourselves questions like what does the word mean‚ what is the concept driven behind this
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Case Discussion – Chapter 5 Trade in Information Technology and U.S. Economic Growth 1. During the 1990s and 2000s computer hardware companies in certain develop nations progressively moved the production of hardware components offshore‚ often outsourcing them to producers in developing nations. What does international trade theory suggest about the implications of this trend for economic growth in those developed nations? Answer When production of commodity-like components
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For many years time travel was the stuff of science fiction. This was all just part of the world’s imagination until recently. Scientists now believe that the current laws of physics allow us to travel though time. They believe that we can now travel back to see our founding fathers sign the declaration of independence. We could travel to 2999 to witness the birth of the next new millennium. Such travel would require a machine capable of withstanding great pressures and incredible amounts of speed
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Marketing Plan terms of sale – conditions of a sale that stipulate the point at which all costs and risks are borne by the buyer INCOTERMS – universal trade terminology developed by the International Chamber of Commerce. 13 trade terms that describe the responsibilities of the buyer and seller in international trade. FOB (free on board) – pricing policy in which risks pass from seller to buyer at the factory door; U.S. Equivalent of ex-works. Means all costs and risks from that point on are borne
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