"Eco-tourism is a feasible alternative to the negative impacts of mass tourism". Discuss this statement. Eco-tourism is defined as being responsible when travelling to natural areas that protect and conserve the environment‚ helping to raise the well-being of the locals living there. Eco-tourism is an excellent alternative to the negative impacts of mass tourism as it lets visitors appreciate the scenery of an area‚ or discover and understand a local culture‚ and at the same time it also
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Eco-tourism and cultural tourism as a sector is variant of the evolution of an economy and education. History is glorified in the text books and spread of awareness as per the changing trends in lifestyles and economies. Thus‚ tourism emerges. The urge to explore‚ experience and extricate‚ gives one an opportunity to travel. Reasons might be many so will be destinations. Therefore as the focus of a destination/region is seen in the potential growth in a sector‚ infrastructure takes the centre
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that it is possible for a perfectly competitive firm to make abnormal (economic) profits or economic losses in the short run based on the assumption that goal of the firm is to maximize profits. Describe abnormal profit (economic profit ) as the case where total revenue exceeds economic cost. Explain‚ using a diagram‚ why‚ in the long run‚ a perfectly competitive firm will make normal profits. Explain the concept of normal profit as the amount of revenue needed to cover all economic costs of
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Introduction In the reading "A first time expatriates experience in a joint venture in China" we have come to understand the nature and structure of the joint venture between the U.S.A. and China and the role that James Randolf played to strengthen and maintain the international partnership. Controls Inc. was a subsidiary of the parent company Filtration Inc. and so was shielded from any outside competition. When Controls Inc. was given the charter to pursue its own business they realized
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CHOCOBAN LTD. Chocoban is a well-established producer and marketer of the finest boxed chocolate and was started ten years ago by two partners‚ Henry See and John Juan. Prior to their partnership‚ Henry was marketing vice-president while John served as comptroller in a candy company with national distribution. The two men agreed at the outset that Henry would handle distribution and marketing and John would look after production‚ accounting and company finances; overall planning and major decisions
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Original Kayak Adventures Original Kayak Adventures (OKA) offers guided eco-tours and kayak rentals along the Hudson River. Background John and Edie Caputo‚ who are avid kayakers and amateur naturalist‚ founded OKA tow years ago. The Caputos spent many weekends and vacations exploring the Hudson’s numerous creeks and tributaries. John was a sales representative and Edie worked for a Web design firm. Two years ago‚ John’s division was purchased by a rival company‚ which announced plans to move
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RENO v. AMERICAN CIVIL LIBERTIES UNION US Supreme Court‚ 1997 1. Claim: Attorney General Janet Reno‚ the appellant appealed directly to the Supreme Court as provided for by the Act’s special review provisions against the appellee‚ ACLU. 2. Facts: The 1996 Federal Communications Decency Act sought to protect minors from “indecent” and offensive Internet materials. The Act made it a crime to transmit obscene or indecent messages over the Internet. Immediately after the CDA became law‚ twenty
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ase let 1 M/s. ABC Ltd is a medium-sized engineering company producing a large-range of product lines according to customer requirements. It has earned a good reputation as a quick and reliable supplier to its customers because of which its volume of business kept on increasing. However‚ over the past one year‚the Managing Director of the company has been receiving customer complaints due to delays in dispatch of products and at times the company has to pay substantial penalty for not meeting
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Future for MNCs in China A KPMG Study kpmg.com/cn In partnership with Contents Introduction The Big Picture: What is next for China and the world’s multinationals? Business Challenges: The end of ‘cheap China’? Rising Consumption: China’s middle class - myth or reality? Regulatory Challenges: A harder place to do business? Regional Differences: There is more than one China The Future: Looking forward to the next decade KPMG Insights: Adapting Strategies for the China Market About KPMG
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expenditures N = size of the potential target market (demographic factors) CP = consumer tastes and preferences for a “greener” form of transportation PE = expected future price appreciation or depreciation of hybrid autos TA = purchase adjustment time period T/S = taxes or subsidies on hybrid autos QS = fðP‚ PI ‚ PUI‚ T‚ EE‚ F‚ RC‚ PE‚ T=S …Þ (Equation 2.2) where Qs = quantity supplied (e.g.‚ of domestic autos) P = price of the autos PI = price of inputs (e.g.‚ sheet metal) PUI = price of
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