Phone number: 01239708950 Tourism in Vietnam Tourism is promoted by the governments of many developing countries because it offers the potential for creating jobs‚ thus generating income for the country and revenue for the gorvement. With its well-preserved cultural diversity and intact natural habitats‚ Vietnam has become a popular tourist destination among outdoor enthusiasts. There are several types of tourism available in Vietnam. We will analyze Vietnamese tourism and the impact of it to the
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A Book Report On Tourism Business In Nepal Chapter-1 Introduction to Tourism Tourism nowadays has been an essential activity all over the world. The form of tourism can be of various types. Most of the people are quite familiar with the tourism as it has become the modern needs and demands of all people. Everyone loves travelling and exploring new things. People love visiting new places‚ so that they have the best moment
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Some people think tourism is just going to a travel agency and buying a tour to visit a place. However‚ there are more issues involved with this field than people can imagine. According to the World Tourism Organization (UNWTO) tourism represented 5% of the direct global GDS‚ offering 235 million jobs worldwide and generating more than US$ 1 billion for local communities where it is developed. It is clear‚ therefore‚ that tourism brings advantages to a country‚ but there are obviously disadvantages
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http://www.ukessays.com/essays/tourism/history-and-structure.php history and structure of the travel and tourism industry Introduction Tourism is seen as one of the main industries in the world. "The World Travel and Tourism Council (2001) indicated that tourism creates more than ten percent of the global economic output and 1 in 10 jobs worldwide". "Tourism starts with the wealthy‚ with images of prestigious visits to seaside resorts and spas‚ Grand Tours and the activities of business enterprisers
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2) Explain why a profit maximizing firm produces the output that equates marginal revenues to marginal costs (MR=MC). In a perfectly competitive market‚ producers are price-takers and consumers are price-takers. There are many producers‚ none having a large market share and the industry produces a standardized product‚ also free entry and exit of the industry. They produce using the optimal output rule: produce where marginal revenue equals marginal cost as Smith (1904) demonstrated. Figure
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MEANING Profit maximization is the traditional approach and the primary objective of financial management. It implies that every decision relating to business is evaluated in the light of profits. All the decision with respect to new projects‚ acquisition of assets‚ raising capital‚ distributing dividends etc are studied for their impact on profits and profitability. If the result of a decision is perceived to have positive effect on the profits‚ the decision is taken further for implementation
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Background of the industry Tourism‚ third pillar of the economy after the E.P.Z manufacturing sector and agriculture‚ contribute significantly to economic growth and has been a key factor in the overall development of Mauritius. Tourism may be called to play an even more important role in the future because of the declining stage of the sugar industry. It creates exciting economic and employment opportunities throughout the country‚ and provides upcoming students with an exciting and worthwhile
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managers and whether they should join the joint venture or not. Profit maximisation Profit maximisation is the process by which a firm determines the price and output level that returns the greatest profit. There are several approaches to this problem. The total revenue - total cost method relies on the fact that profit equals revenue minus cost‚ and the marginal revenue - marginal cost method is based on the fact that total profit in a perfectly competitive market reaches its maximum point where
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A01- Profit and Loss A profit and loss account is something businesses use to show them their revenue‚ costs and profits for that certain year‚ therefore showing the total amount of profit that the business has made that year‚ it is extremely important for the business‚ in particular for the accounts department who will refer to the profit and loss account a lot. This is because it clearly lays out what the business has spent‚ and what the business has brought in‚ it is easy for the business
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IGNOU4Ublog.com TS-1: FOUNDATION COURSE IN TOURISM (TUTOR MARKED ASSIGNMENT) Course Code: TS-1 /Programme: BTS / Assignment Code: TS-1/TMA/2012-13 ------------------------------------------------- Total Marks: 100 PART-I 1. What are the threats and obstacles to tourism in India? (Marks:25) Answer: Tourism industry is one of the booming industries that bring in knowledge‚ social development and economic growth. “Incredible India” a tourism campaign by the Indian government and the information
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