Tourism has become one of the most appreciated sources of income for many countries of the world. Tourism is the fastest growing industry in the world because it is one of the best ways of earning foreign currency. Despite the many advantages of tourism‚ there a few disadvantages too as there are always two sides to everything. The few drawbacks highlighted are environmental pollution‚ cultural and social degradation and economic downturns. However‚ tourists cause environmental damage through forest
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Automotive Industry Analysis The development of the automobile came from many different people from different countries. The development stated in 1769 in France‚ with the invention of a three-wheeler that was powered by steam (Gale‚ 2003). Then in 1800’s the first internal combustion engine was created in Belgian and the first gasoline powered vehicle was constructed in 1885 in Germany (Gale‚ 2003). Henry Ford built the first car in 1896 (Gale‚ 2003). He then revolutionized the industry with the
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The UK Inbound Tourism IndustryIntroduction:Tourism is seventh of the largest industries in the UK‚ worth £74 billion to the UK economy. There are currently 2.1 million jobs in the industry. Within the inbound Tourism to the UK‚ 30 million overseas visitors who came in 2005 spent £14 billion on holidays 2005 was a record year for UK inbound tourism both in terms of volume and value. The UK ranks fifth in when compared international tourism earnings league behind the USA‚ Spain‚ France and Italy.
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Chapter 1 Industry Background A. Definition of the Industry: What are its Products or Services? 1. Definition The development of any country completely depends upon the growth of telecommunications; it is a technology of transmitting signal through a long distance for the sake of communicating with each other. Throughout the world‚ telecom industry is being controlled by private companies instead of government monopolies. Traditional telecom technologies are also being replaced by modern
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The tourism industry often needs a various range of information to satisfy and attracts its consumers and most of this information is delivered promptly to the customers with the help of the information and communication technologies (Poon‚ 1993). And as result‚ the global tourism industry is rapidly changing and the information and communication technologies ( ICTs) such as the internet is altering the structure of tourism industry and how it market his products and conducts its promotion. In order
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Pestle analysis draft Political: Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law. Economic: Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter will have a increased competition within the industry from small and independent convenience stores. Not only those they
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By: Anne Vilagut Tourism The French define tourism as "the art to satisfy the most diverse aspirations which invite man to move out of his daily universe." The Webster’s dictionary defines tourism as "the guiding or managing of tourists; the promotion or encouragement of touring: the accommodation of tourists." Both definitions are apt for tourism. The private sector of tourism includes lodging‚ food‚ transportation‚ recreation facilities‚ attractions‚ travel agents‚ and tour operators. These
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Introduction Comprehensively‚ we are probably aware that Mass Tourism has the accompanying attributes: (a) involvement of a huge number of people in tourism‚ (b) holidays are being standardized‚ rigidly packaged and inflexible (Karamustafa 2012)‚ (c) it is being mass produced and mass marketed and (d) consumed by tourists that are unconcerned about the local culture or practices. This goes to say that Mass Tourism requires vast improvement in tourism and the need of the involvement of international travel
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Country Analysis Report: Canada‚ In-depth PESTLE Insights OVERVIEW REFERENCE CODE: ML00002-006 PUBLICATION DATE: Aug 2012 WWW.MARKETLINEINFO.COM © MARKETLINE. THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED Country Analysis Report: Canada‚ In-depth PESTLE Insights ML00002-006 © MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OVERVIEW OVERVIEW Catalyst This profile analyzes the political‚ economic‚ social‚ technological‚ legal‚ and environmental (PESTLE)
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Competitive Rivalry The Competitive Rivalry in South Africa is high and will continue to increase as new Providers enter the industry. * The Competition is based on price and quality. The entry of every new Customer brings with a new set of price cuts and hence intensifies competition between cell phone provo=. Major threats currently: * Cell C‚ because they are a low cost service provider of many services‚ and this has helped Cell C to penetrate the market. * MTN and Vodacom offer
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