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Soloha48 [4]
3 years ago
8

According to the "Marketing and Selling Travel: The customer," people travel for business, for meetings, conventions, and semina

rs. Some people are awarded travel as a reward for good work. A whole branch of the travel is developed around these customers, it is called: ___________. Most people traveled in groups, and something called: ___________ where everyone traveled the same attractions. However, today the emphasis is on ___________.
Business
1 answer:
kenny6666 [7]3 years ago
3 0

Answer:

MICE; GIT; FIT

Explanation:

Meetings, Incentives, Conferencing & Exhibitions.

The MICE market refers to a specialized niche of group tourism dedicated to planning, booking, and facilitating conferences, seminars, and other events, which is a big moneymaker in the travel industry.

Group Inclusive Tour

It is a travel program with a special fare and specific requirements usually a minimum number of persons often more than 5 persons traveling as a group throughout the tour.

Foreign Independent Tour

Though somewhat of a misnomer, an FIT is any customized independent tour arranged by a travel agent.

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2 years ago
Park Co. is considering an investment that requires immediate payment of $34,000 and provides expected cash inflows of $11,800 a
Galina-37 [17]

Answer:

NPV =  3,404.41

Explanation:

We will calculate the net present value doing:

<em>NPV =  present value of the cash flow   - investment</em>

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Now we need to discount each cash flow at the given rate.

<u>For that,</u> we will treat the cash flow as an annuity of 11,800 for 4 year at 10% rate:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

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time 4

rate 0.1

11800 \times \frac{1-(1+0.1)^{-4} }{0.1} = PV\\

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Bob DeSlob is CEO of Westlake Inc. that manufactures and sells widgets. Bob has decided that a safety feature recommended by the
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Answer:

The correct answer is letter "B": Profit maximization.

Explanation:

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