Identify the peculiarities of tourism as a product compared

Assignment Help Business Economics
Reference no: EM13999211

1. Identify the peculiarities of tourism as a product compared with everyday goods and services which consumers may demand.

2. Why is repurchase consumer decision making particularly important in travel and tourism demand.

Reference no: EM13999211

Questions Cloud

What is the total cost of the building : Calculate the amount of interest that Mason should capitalize in 2011 and 2012 using the weighted-average method.
Estimating the demand for tourism what are relevant variable : When estimating the demand for tourism what are the relevant variable that must be included for the "generating are, and the destination area? Describe four major factors, other than price, likely to influence demand for a resort hotel in Acapulco.
Demand for tourism as income of a tourist grows : Show the changes in the demand for tourism as income of a tourist grows when tourism is perceived to be, (a)normal good, (b)superior good, and(c) inferior good. Analyse the demand for tourism overtime using intertemporal analysis.
Starsearch corporation began work on three research : Prepare journal entries, reclassifying amounts in R&D expense, to reflect the appropriate treatment of the expenditures.
Identify the peculiarities of tourism as a product compared : Identify the peculiarities of tourism as a product compared with everyday goods and services which consumers may demand. Why is repurchase consumer decision making particularly important in travel and tourism demand.
What is segmentation by purpose of travel : What is "segmentation by purpose of travel"? How can it help in the analysis of tourism? What is "psychographic" segmentation? How does it help in the analysis of tourism?
Discuss the three methods of segmentation or tourists market : For what reasons might economists be interested in segmentation in tourism? Discuss the three methods of segmentation or the tourists' market.
Discrepancy between consumers and producers : Explain in your own words the discrepancy between consumers' and producers' view of tourism as a product. What is meant by the" opportunity costs" of tourism? Show how these may be linked to seasonal patterns of tourism.
Staggers rail act-intersate commerce commission : The Staggers Rail Act of 1980 substantially reduces the power of the Intersate Commerce Commission (ICC) to control the rates that railroads charge shippers. the president of the National Coal association has denounced the system of '' letting the ra..

Reviews

Write a Review

Business Economics Questions & Answers

  Q1 real wages and productivity-are workers paychecks

q.1. real wages and productivity-are workers paychecks keeping up? over the long run traditionally real wages grow at

  How might you use swaps to reduce your risk

Suppose that you manage a bank that has made many loans at a fixed interest rate. You are worried that inflation might rise and the value of the loans will decline. Why would an increase in inflation cause the value of your fixed-rate loans to declin..

  To preserve capital in a declining stock market

To preserve capital in a declining stock market, a portfolio manager should:

  Complete with respect to materials and 30% complete with

During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods.

  Which company has bidder incentive for the careful quality

The makers of Tylenol pain reliever do a lot of advertising and have loyal customers. In contrast, the makers of generic acetaminophen do no advertising, and their customers shop only for the lowest price. Assume that the marginal costs of Tylenol

  Differences and defensive reactions to ethnocentrism

Triggers are ethnocentric responses to differences and defensive reactions to ethnocentrism. Any number of things can serve as triggers, but they generally fall into the following categories: voice, appearance, attitude, and behavior. Please describe..

  Compare real GDP per person in the two countries

Richland’s real GDP per person is $10,000, and Poorland’s real GDP per person is $5,000. However, Richland’s real GDP per person is growing at 1 percent per year, and Poorland’s is growing at 3 percent per year. Compare real GDP per person in the two..

  What extent the traditional definition of economics

To what extent is to greek proverb "Happiness is the full utilization of your capacities along lines of excellence." similar and different from the traditional definition of economics.

  Qsharp rises in the cost of milk grain and fresh fruits and

q.sharp rises in the cost of milk grain and fresh fruits and vegetables are hitting cafeterias across the country

  Interest-bearing account

Suppose you contribute $10 per week ($520 per year) into an interest-bearing account that earns 6% a year (compounded once per year). That’s probably one less pizza per week! But if you contribute faithfully each week into this account, how much mone..

  Assume all other goods is the y-axis good

Sandy has an income of $300 per month and qualifies for food stamps. The food stamp program awards people $100 per month, but that money can only go towards the purchase of food. Assume food costs $1 per unit. Draw Sandy’s budget constraint with the ..

  Assess this claim-is the reasoning solid or do you disagree

The human resource manager of the XYZ Company makes the following claim: “Our workers make an average of $500 per week. We produce $6000 worth of output each week using only 10 workers. That averages out to $600 per worker per week. We should therefo..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd