Glynn Lowth‚ Malcolm Prowle‚ Michael Zhang Nottingham Business School The impact of economic recession on business strategy planning in UK companies Research executive summary series Volume 6 | Issue 9 Key findings: The key findings from this research were: • There is very little optimism about the prospects for the UK economy in the short to medium-term. • There is quite a degree of optimism from companies about their own commercial future based on a combination of factors such
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oru [Impacts of Tourism Growth in Thailand and its Sustainability] TAN Jialin * Executive Summary Tourism growth has a great impact on the economy of any state; where on one hand it helps the economy to grow‚ on the other hand it creates socio-economic‚ environmental and cultural challenges which produce negative impacts on the overall economic development and sustainability of the country. First of all we will provide the introduction to the topic and will make the critical literature
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The large scale impacts of Tourism include environmental‚ socio-cultural and economic impacts. Impacts can be positive‚ as well as negative‚ but should never be underestimated. The concept of sustainability is factored into these tourism impacts‚ when the size of the impacts become large enough to drastically alter economic‚ socio-cultural and environmental areas of a tourist destination. The importance of these impacts will be analysed and evaluated in this essay‚ keeping in mind that this will
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Australia going into recession Submitted to Submitted by Bhagwant Virk What is recession? Recession is a significant decline in economic activity mainly a decline in GDP of an economy for two or more successive years. Recession results in major sink in stock market‚ real income ‚industrial production‚ employment opportunities and real estate. What Causes recession? 1. Any economy typically goes to recession for six months extending to two years. 2. A recession normally takes place when consumers
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Social and cultural impact of tourism on women IVAYLO LOZANOV NIKOLAOS SELLAS NIRAJ GURUNG Page 1 of 18 REPORT Table of contents TITLE PAGE 1 1.0 Abstract……………………………………………………………………………………………..3 2.0 Introduction……………………………………………………………………………………....3-5 3.0 Literature Survey………………………………………………………………………………...5-6 4.0 Methodology……………………………………………………………………………………....6-7 5.0 Results………………………………………………………………………………………………7-15 6.0 Conclusion…………………………………………………………………………………………
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The cultural impacts of tourism on the host communities The impact that tourism has on the cultural lives of communities is one of the most important issues debated by tourism researchers and academics today. There is an increasingly growing concern that tourism development is leading to destinations losing their cultural identity by catering for the perceived needs of tourists. Although they take longer to appear‚ the cultural consequences of tourist activity have the potential to be much
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Impact of Current Events and Trends on Tourism Threats of terrorism‚ pandemic outbreaks‚ natural calamities and‚ finally‚ pesky security checks notwithstanding‚ the international tourism industry is booming. Tourism has become a key economic driver globally‚ and is one of the main sources of income for many developing countries today. The global crisis that shook 2008 to the core (and continues to do so) has impact in industries across the board. One of the most affected fields is tourism as it’s
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Impact of recession on consumer behaviour Introduction Economy of the countries changes all the time. Current economic crisis in United Kingdom is having an impact on consumers and their behaviour. During recession consumers choose carefully the products they buy and shops they use. The quality of the products is important but saving money is essential during recession. More retailers are trying to turn their businesses into more ethical and environmental aware stores as this seems like an
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Week Two Essay Great Recession If I had to choose on even that will have significance in my life it would have to be “The Great Recession”. The economic turmoil that started in early 2008 by the fall of Bearn Stern the 4th largest Investment Banking firm in the U.S. followed by the collapse of Leman Brothers in September of 2008 has led to the worst recession since the World War II and has been called The Great Recession. Being 31 years old and having witnessed recessions before as well as transformation
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Socio-cultural Impact of Eco-Tourism Dr. Anjani Kumar Abstract Ecotourism is entirely a new approach in tourism. Born in its current form in late 1980s‚ ecotourism came of in age in 2002‚ when the United Nations celebrated the “International year of Ecotourism. Today’s market place is becoming greener and more environmentally sensitive than ever‚ with 85 percent of the industrialized world does citizen believe that the environment is the number one public
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