Abstract A recession is full-proof sign of declined activity within the economic environment. Many economists generally define the attributes of a recession are two consecutive quarters with declining GDP. Many factors contribute to an economy’s fall into a recession‚ but the major cause argued is inflation. As individuals or even businesses try to cut costs and spending this causes GDP to decline‚ unemployment rate can rise due to less spending which can be one of the combined factors when
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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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Industry & Competitive Analysis of Tourism Industry in Bangladesh for BPC (Bangladesh Parjatan Corporation) The Bangladesh Parjatan Corporation (BPC) (বাংলাদেশ পর্যটন করপোরেশন) is a statutory board under the Ministry of Civil Aviation & Tourism of Bangladesh‚ established in 1973‚ tasked to promote the tourism industry of the country. It is the National Tourism Organization of the country. Here in this paper I will be focusing on the tourism industry of Bangladesh as overall and will
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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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ABOUT THIS DOCUMENT 1 APPAREL INDUSTRY IN GLOBAL WORLD 1 Apparel Industry Overview 1 Lifestyle Industry Overview 2 Globalization Trends 3 Globalization - Integration of Functional Activities 4 FORECAST & PREDICTIONS 5 5-year Horizon 5 10-year Horizon 5 ABOUT THIS DOCUMENT The pervasiveness of retailing in the western world leaves the industry open for careful analysis. This document is intended to expertly address global effects onto a single sub-industry of retail specialty apparel
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Aim: To identify the issues that the hospitality industry may be faced with post Olympics 2012 and to recommend strategies to overcome the reduction in the business to hospitality organisations. Objectives: 1. To study the opportunities in the hospitality industry during Olympic 2012 2. To evaluate the impact of post Olympics 2012 on hospitality industry. 3. To recommend the strategies to the hospitality industry to survive post Olympic downfall in business The London Olympics
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The Great recession of 2008 (Article Review) An economy which grows over a period of time tends to slow down the growth as a part of the normal economic cycle. An economy typically expands for 6-10 years and tends to go into a recession for about six months to 2 years. A recession normally takes place when consumers lose confidence in the growth of the economy and spend less. This leads to a decreased demand for goods and services‚ which in turn leads to a decrease in production‚ lay-offs and
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Institute of Management & Technology‚ Faridabad Economic Recession in India and Survival strategies (Technical Session III) Kavita Verma DAV Centenary College‚ Faridabad Verma_ruby123@rediffmail.com OBJECTIVES OF THE STUDY To study the impact of recession on Indian economy I.Positive Impact II.Negative Impact To study the survival strategies for 1.Individual 2.Investor 3.Employee 4.Employer THE RECESSION India is facing the position of recession as globalization showing its negative scenario. As it
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of Sex Tourism on Travel Industry and Society Kimberley Look Sao Wai Stephanie Poh Ping Hui University of Nevada‚ Las Vegas Abstract Sex tourism has been evolving over the years to become the established and lucrative industry it is in the present day. With over six destinations all over the globe known for their sex activities and services‚ the demand and supply are non-seasonal and not affected by inflations and economic downturns. However‚ sex tourism carries
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How The Changing World Will Change The Accounting World The public accounting industry‚ due to rapid changes in the global landscape‚ will grow internationally while remaining flat domestically. This is due to the two major facets of globalization and its effect on the industry. These facets are the globalization of markets and the globalization of production. The globalization of markets is the creation of one world-wide marketplace due to deregulation of international trade. This gives accounting
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