HND Business Management Business Economics NATURE & SCOPE OF ECONOMICS What is Economics? Issue in economics Macroeconomics Microeconomics Lecture 1 (c) Copyright MFA 11 Nature and Scope of Economics All About Economics Want and Desires Scarcity Economic Problems Opportunity Cost Production Possibility Curve(PPC) Shift of The PPC. 2 9/21/2011 Lecture 1 (c) Copyright MFA 11 WHAT IS ECONOMICS? 3 Issues in Economics Demand
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INTRODUCTION Can the Bahamas survive without branching into other areas of tourism? The tourism industry today is big business for a country‚ it is the number one industry of the Bahamas. It is the migration of individuals from one place to another for a short period of time. There are two types of tourism‚ domestic and foreign. People travel for recreation‚ business‚ sports‚ education and for religious or medical purposes. Tourism is a very competitive industry. It accounts for seventy percent of the
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Importance of Tourism | | | | | | Citizens now demand more meaningful involvement and more responsible and sustainable tourism practices. Local communities and Non Government Organizations today have a very important voice in the way in which tourism is developed and resources allocated. It is this more responsible and sustainable tourism that the Government of Trinidad and Tobago wishes to develop and promote. Tourism provides entrepreneurial opportunities for small operators‚ can foster
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Index I. Introduction II. Advantages of Massive Tourism a. For People b. For Government III. Disadvantages of Massive Tourism a. Diseases b. Effect on the Culture i. Tradition ii. Language iii. Life Style c. Effect on the Environment IV. Conclusion V. Sources Introduction In this globalized world the stress caused by the workload and the problems that occur everyday in our social environment‚ have a direct effect on the health of the person‚ who tries to find a way to release
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Tourism is travel for recreational‚ leisure or business purposes. The World Tourism Organization defines tourists as people "traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure‚ business and other purposes".[1] Tourism is important and in some cases vital for many countries‚ such as France‚ Egypt‚ Greece‚ Lebanon‚ Israel‚ the United States‚ the United Kingdom‚ Spain‚ Italy‚ and Thailand‚ and many island nations‚ such as Mauritius
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Basic Forms of Tourism: * Domestic tourism: * Is the tourism of resident visitors within the economic territory of the country of reference * Inbound tourism: * Is the tourism of non-resident visitors within the economic territory of the country of reference * Outbound tourism: * Is the tourism of resident visitors outside the economic territory of the country of reference * Internal tourism: * is the tourism‚ of both resident and non-resident visitors‚ within
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terrorism on tourism? The economic importance of tourism is undeniable. The impact of terrorism on a countries economy may be enormous. In an information free society‚ tourists might travel to destinations regardless of whether a terrorism threat exists or not. However‚ few information free societies exist. Via different forms‚ terrorism generates attention‚ which‚ when relayed back to tourists‚ has an impact on travel plans. Taken as a collective‚ these decisions affect tourism levels‚ which
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Branches / Areas / Scope of Marketing Research The scope of marketing research is very wide and comprehensive. It includes: 1. Product Research Product means the goods and services which are sold to the consumers. It includes consumer products and industrial products. Product research studies the individual product. It studies the making and marketing of the product. It studies the colour‚ size‚ shape‚ quality‚ packaging‚ brand name and price of the product. It also deals with product modification
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Malaysia itself as a brand for the tourism industry and promoting on the destination that will attracts people from all the part of the world. This case study also to understand the important of tourism as a source of profit for a country and the process and strategic developed by government to promote Malaysia as a tourist destination and Malaysia as a destination brand‚ besides the campaign launched to bring a unique image and identity for Malaysia itself in tourism industry. Malaysia government
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Spain Tourism is very popular because of its geographical and cultural diversity. The geographical diversity extends from hills to deserts.Spain Tourism is a trip where people can keep themselves busy in exploring the vast natural landscape or can indulge into exploring the historical buildings or the architectural monuments. Spain Tourism is so popular among people that Spain has been ranked third in terms of touring in the whole world and more and more people are searching for Tourism Travel
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