overview of destination. Therefore one of the website of bay of island is www.tourism.net.nz‚ which gives complete information. In this assignment‚ we will mainly discuss about marketing mix‚ customer wants‚ creating value for the customer‚ destination location and tangible experience from tourism marketing perspective. Marketing Mix 1) Product A service is something that cannot be touched. This means that it is harder to market‚ than a physical Product. Its quality cannot be perceived before it
Premium Marketing
CHAPTER 10: PURE MONOPOLY Pure monopoly – single firm is the sole producer of a product for which there are no close substitutes; characteristics: * Single seller – sole producer or sole supplier; firm and industry are synonymous * No close substitutes – consumer who chooses not to buy the monopolized product must live without it * Price maker – pure monopolist controls the total quantity supplied‚ so has considerable control over the price; changes product price by changing quantity
Premium Economics Monopoly Microeconomics
"The Equal Pay Act of 1963 was passed to prohibit wage discrimination on the basis of sex and sought to ensure that women earn equal pay for equal work. Its purpose was clear: Eliminate the gender wage gap‚ which hurts women and families. But 50 years later‚ pay discrimination is alive and well. Gag rules that require employees to keep their pay secret perpetuate this inequity." (www.cnn.com) I as a women have personally experienced this in the workforce; where male workers are paid a higher salary
Premium Employment Gender Female
Module 1 Food Microbiology Sanitation and Safety WHAT IS Food Sanitation? Food sanitation is more than just Cleanliness. It includes protecting food in the ff. • Contamination • Harmful bacteria • Poisons • Foreign bodies The primary tenet of food service sanitation Is absolute cleanliness. Definition of terms commonly used Acidity = measured on a pH scale from 0 to 14.0 Additive = a chemical added to food Bacterium = a single-celled organism Contamination = unintended presence
Premium Food safety Bacteria Foodborne illness
Economics Exam #3 Review 1. Characteristics of competitive markets (3): There must be many buyers and sellers‚ none of whom can have a large market share‚ a few players cannot dominate the market. Firms must produce a standardized product‚ buyers must see all their products as equivalent. (Identical (Homogenous) Products). Firms and resources are typically fully mobile‚ allowing free exit and entry. These three conditions make all consumers and producers price-takers. Models: Section 12.2
Premium Economics Profit maximization Cost
differences between macro risk management and micro risk management. This paper explains the definitions provided by Kendrick and then compares and contrasts them. It also gives an example of a project and assigns classification of either macro or micro risk management. It analyses the risk factors associated with the project and the impacts of the associated decisions involved with the completion of the projects. Furthermore‚ it discusses the factors that determine a particular classification and
Premium Management Risk Project management
The only Micro Theory ‘Labeling’‚ is an interactionist perspective‚ which focuses on the interactions of the individual‚ compared to the Macro Theories of conflict. Looking at the way a person’s self identity and behaviour can be influenced by the terms used to classify or describe them. Concepts of the self fulfilling prophecy‚ whereby a person can be influenced into becoming what they have been labeled‚ and stereotyping by negatively labeling minority groups. Judging deviant behaviour as deviation
Premium Sociology Psychology Criminology
Solution to the Sample Questions for the Mid-term Exam Draft: March 22‚ 2011. 1. (Marshalliand & Hicksian Demand‚ Indirect Utility Function‚ Cobb-Douglaus) (1) A consumer’s Marshallian demand function specifies what the consumer would buy in each price and wealth (or income)‚ assuming it perfectly solves the utility maximization problem . (1) The problem has a unique optimal solution when (2) since the utility function in (1) represents well-behaved preference. By putting 1 into
Premium Consumer theory
[pic]TOURISM MARKETING & PROMOTION DECEMBER 2009 TOURISM MARKETING & PROMOTION Instructions to candidates: a) Time allowed: Three hours (plus an extra ten minutes’ reading time at the start – do not write anything during this time) b) Answer any FIVE questions c) All questions carry equal marks. Marks for each question are shown in [ ] 1. Discuss the information you will expect to find in the main sections of a typical tourism development plan and provide examples to support
Premium Marketing
The SEC’s Case against California Micro Devices: A Lesson in Using Professional Skepticism and Obtaining Sufficient Appropriate Evidence 1. The third general standard‚ requiring the exercise of due professional care when practicing the audit and preparing the report‚ was violated since Michael and Brian didn’t take the responsibility to observe the standards of field work and reporting. In the case of the write-off of accounts receivable‚ they didn’t compare the information in the final press
Premium Accounts receivable Auditing Invoice