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Ratling [72]
3 years ago
14

What are the five main reasons why the travel and tourism industry is important in the United States?

Business
1 answer:
lukranit [14]3 years ago
7 0

Over the decades, tourism has experienced continued growth and deepening ‎diversification to become one of the fastest growing economic sectors in the world. ‎Modern tourism is closely linked to development and encompasses a growing number ‎of new destinations. These dynamics have turned tourism into a key driver for socio-‎economic progress.‎

Today, the business volume of tourism equals or even surpasses that of oil exports, ‎food products or automobiles. Tourism has become one of the major players in ‎international commerce, and represents at the same time one of the main income ‎sources for many developing countries. This growth goes hand in hand with an ‎increasing diversification and competition among destinations.‎

This global spread of tourism in industrialised and developed states has produced ‎economic and employment benefits in many related sectors - from construction to ‎agriculture or telecommunications.‎

The contribution of tourism to economic well-being depends on the quality and the ‎revenues of the tourism offer. UNWTO assists destinations in their sustainable ‎positioning in ever more complex national and international markets. As the UN agency ‎dedicated to tourism, UNWTO points out that particularly developing countries stand to ‎benefit from sustainable tourism and acts to help make this a reality

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The process of packaging and marketing crime information for popular consumption and commercial profit is called?
galina1969 [7]

Answer:

Commodification is the process of packaging and marketing crime information for popular consumption and commercial profit.

Explanation:

Commodification is the conversion of anything like goods, services, ideas, nature, private information, people, or animals into tradeable goods or commodities in a capitalist economic system. According to Arjun Appadurai, the most fundamental definition of a commodity is "something designed for exchange" or "anything of economic value."

To know more about 'Commodification' , visit: brainly.com/question/13235742

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6 0
1 year ago
The primary goal of a firm pursuing a blue ocean strategy should be to
Mandarinka [93]
The primary goal of a firm pursuing a blue ocean strategy should be to OFFER A DIFFERENTIATED SERVICE OR PRODUCT AT A LOW COST.<span>
<span>Blue ocean strategy is a marketing strategy which submits that leading companies can succeed not by engaging in competition with other companies but by systematically creating uncontested market space which are ripe for growth. The strategy employs simultaneous pursuit of high product differentiation and low cost, which makes competition irrelevant</span></span>
4 0
3 years ago
By showing a thorough understanding of your survey results, organizing your content in a clear manner, and generally showing you
egoroff_w [7]

Answer:

competence

Explanation:

Credibility is defined as the ability of an endeavour or individual to inspire confidence by those interested in it.

Credibility has 3 aspects - caring, character, and competence.

Competence is the ability of an individual to demonstrate adequate knowledge, skill, strenght, or judgement with regards to a particular area of interest.

In the given instance where one is showing a thorough understanding of your survey results, organizing your content in a clear manner, and generally showing you are prepared for this presentation. He is demonstrating competence

5 0
3 years ago
Which of the following is NOT a category for capital budgeting decisions? a. Selection decisions b. Screening decisions c. Prefe
goldfiish [28.3K]

Answer:

a. Selection decisions

Explanation:

Capital Budgeting decisions is basically divided in two broad categories that are:

Screening Decisions: This is the decision made by any company while making a capital budgeting decision that the company will accept the project based on companies specific criteria.

It might be based on cash flow, or required return etc:

Preference Decisions: When the company evaluates two or more projects then it makes a decision as to which project shall be favorable. Then the priority list is created.

There is no selecting decisions in the capital budgeting decisions.

6 0
3 years ago
The listing agent received a full price offer that she faxed to the out-of-town seller. The seller signed the faxed copy, and fa
ExtremeBDS [4]

Answer: Yes contract has been formed.

Explanation: According to the Uniform Electronic Transaction Act (UETA), electronic transactions are just as binding as transactions made on hardcopy documents. Moreover signatures made electronically reinforces the validity of these elctronic documents.

In the scenario the actual signature was signed on a hard copy by the seller, but it was then faxed back to the listing agent. This faxed copy, showing the faxed signature, is an electronic document that confirms the existence of the contract in accordance with the UETA. This faxed signature is as enforceable as an ink signature.

6 0
3 years ago
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