Chapter 1: Introduction Tourism nowadays represents the largest form of temporary migration in the world‚ tourism can be seen as the world’s largest industry. The World Tourism Organization (WTO) has recognised that heritage and culture have become a component in almost 40% of all international trips undetaken. * Heritage tourism is defined as; ’an immersion in the natural history‚ human heritage‚ arts‚ philosophy and institutions of another region or country’. The meaning of heritage
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CHAPTER 10: TYPES AND FORMS OF ORGANIZATIONAL CHANGE CHAPTER SUMMARY Organizational change is an ongoing process with important implications for organizational effectiveness. An organization and its members must be constantly on the alert for changes from within the organization and from the outside environment‚ and they must learn how to adjust to change quickly and effectively. Organizational change is the movement of an organization away from its present state and toward some future state
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MING (10) got into a serious accident and looses his sense of hearing. Because of the accident‚ Ming has to attend a school for children with special needs and starts to avoid his friends because he is afraid that his friends know he is deaf and dumb. Young Ming has to fight with extreme loneliness since then. 19-years-old Ming gets falsely accused of being a peeping Tom. While the girl’s brothers threaten him‚ MING’S MOTHER comes out to ask what’s happening. After listening to the girl’s accusation
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1. Barker Corp. has a beta of 1.10‚ the real risk-free rate is 2.00%‚ investors expect a 3.00% future inflation rate‚ and the market risk premium is 4.70%. What is Barker’s required rate of return? Answer D | | | |2010 |21.00% | |2009 |-12.50% | |2008
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Practicing meditation and mindfulness will make you 10 percent happier. In the book 10 % happier‚ Dan Harris offers us an interesting story from his own experience about how mindfulness change his outlook of life and how leaving the default mode running rapid in our life will lead us astray. Harris is a high achiever and intelligent person. He starts off by telling the readers about his work experience externally (what events are taking place) and internally (how he feels and how is body and mind
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Chapter 9&10‚ financial policy 1) Duval Inc uses only equity capital‚ … answer: with a 11% return cuz wacc = 10% 2) 10.038: which one is correct? One defect of the IRR method that is assumes that the cash flows to be received from a project can be reinvested the IRR itself‚ and that assumption is often not valid. 3) Stern Associates is considering a project that has the following cash flows data. What’s the project’s payback? Year: from 0 to 5‚ cash flows: -1100$‚ 300$‚ 310$‚ 320$‚ 330$
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Global Wine Wars In the beginning Grape growing and wine making have been human preoccupations at least since the times when ancient Egyptians and Greeks offered wine as tributes to dead pharaohs and tempestuous gods. It was under the Roman Empire that viticulture spread throughout the Mediterranean region‚ and almost every town had its local vineyards and wine was a peasant’s beverage to accompany everyday meals. By the Christian era‚ wine became part of liturgical services‚ and monasteries
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Chapter 9 Financial Crises and the Subprime Meltdown 9.1 Factors Causing Financial Crises 1) A major disruption in financial markets characterized by sharp declines in asset prices and firm failures is called a A) financial crisis. 2) A financial crisis occurs when an increase in asymmetric information from a disruption in the financial system A) causes severe adverse selection and moral hazard problems that make financial markets incapable of channeling funds efficiently. 3) A serious
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Chapter 1 Summary Bryon and Mark start this chapter in a pool hall where they are planning to make some money hustling pool. They are only sixteen years old‚ so it is illegal for them to be in a pool hall with a bar in it but they are usually successful at hustling because they look so innocent. After checking for an undercover cop and not finding one‚ Bryon asks Charlie‚ the bartender for a CCoke. Charlie reminded him that he and Mark already owed for three dollars worth of CokeCokes and refused
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Louis Pasteur said that wine is the most healthful and the most hygienic of all beverages. It can give the human body 500 calories that are normally taken from fats and carbohydrates. All these energy is completely consumed by the body and will not add an ounce of the body weight (Lichine‚ et al. 1968). There are several health benefits that can be derived from wine. Aside from being a healthy beverage‚ it was said that wine can deter food poisoning. It can help wipe out the bacteria that are
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