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
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Monetary Policy v/s Fiscal Policy The Great Recession which set in 2007-08 claimed several victims on its way. The consideration of major central banks’ attitude of ‘Too-big-to-fail’ looked docile. The whimsical products were nothing but masks to cover risks. Rating agencies lost their reputation. Central banks of developed countries which were entrusted with monetary policies‚ were the most pitiable victims. They seemed to be working like a computer program where all that one has to do is to change
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Supply Chain Management Topic 1 * What is it? * All parties and functions involved‚ directly or indirectly in fulfilling a customer request. * Manufacturers‚ suppliers‚ forwarders‚ warehouse operators‚ wholesalers and retailers. * Movement of information and funds. * Goal * Maximize the value of the product. * Reduce time * Make more profit. * Value * The difference between the turnover (price) and the cost of the product. * Its
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(b) The importance of budges as a means of planning and controlling the various business activities as well as the advantages and disadvantages of each source. In order to make effective decisions and coordinate the decisions and actions of the various departments‚ a business needs to have a plan for its operations. Planning the financial operations of a business is called budgeting. Although budgeting allows the organization to plan their work and work towards their plan‚ it also has both advantages
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Computers are complex electronic devices‚ but their four basic operations (IPOS) are simple. The Advantages and Disadvantages of Computer - (computer orientation) Computers are complex electronic devices‚ but their four basic operations (IPOS) are simple. Almost all computer processing involves simple operations such as adding two numbers or comparing two numbers to see which is larger. What makes today’s computer so valuable is that they’re fast and incredibly reliable. Even the least expensive
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Why Homeschooling Is Not for Everyone Is it a bad thing that homeschooled kids may be different than public school kids? Some people say that homeschooled children are smart and polite. On the other hand‚ there is a different opinion that home-educated children are lazy‚ old-fashioned‚ naïve and do not have a good education. Homeschooling is the education of children at home by parents who have numerous reasons for it; for example‚ better test results‚ religious reasons‚ and living in
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Apart from its various advantages‚ Cinema is not free from its evil effects. Film artistry is‚ unfortunately‚ compelled to compromise with people’s popular taste and appeal to their lower instincts. Too many films dealing with sex problems and with the ways of the criminals are now shown‚ f These are apt to affect public morality. The substandard catering of music I and recreation is likely to injure public taste and outlook and is not ultimately good for the art. The Cinema has far reaching
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Now days people become aware of decreasing in the travel expenses of the international travelling and this has positive impact on the tourism industry‚it is a trend without drawbacks.Both positive and negative impact of the increasing tourism activity will be discussed in this essay. Tourism industry is playing a important part in different countries in term of social economy.Firstly‚a host countries will benefit in term of currency exchange rate thus has a positive impact on the locals whether
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Smoking is a form of addiction depending on the sedative effect of nicotine on the brain and nervous system. There are lots of reasons why people start smoking. The main reasons are peer group pressure‚ feeling left out while friends’ smoke and trying to fit in with the crowd‚ stress at home‚ work‚ school‚ trying to attract attention‚ act cool or become popular‚ and calm down their nerves. Firstly‚ smoking impacts almost all aspects of a person’s health. Smoking causes diseases like asthma‚ and
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In my opinion i think fracking is very bad‚ and the outcome is not worth the drawback. Most oil companies will obviously back up that fracking isn’t bad and that it has more benefits than drawbacks. Fracking might have tons of benefits but it’s not worth polluting the earth. There is also a lot of downfall fracking. One con fracking has is how much water it uses‚ each job uses 1 to 8 million gallons of water. One fracking job in Michigan used over 35 million gallons of water.Eventually freshwater
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