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Question 1:
(i) What are the determinant scarce resources a facilities planner and designer needs to consider before starting a proper feasibility study for the initial setting up of a tourist project?
(ii) Explain in detail the importance of such resources and why they require careful planning.
(iii) What are the main criteria in the allocation of such resources and how would you evaluate that such criteria are observed?
Question 2:
With relevant and detailed examples and in relation to facilities planning and design, explain the following:
(i) Functionality (ii) Esthetics (iii) Spill over effects (iv) Biodiversity (v) Gastronorm (vi) Landscaping
QUESTION a. The risk free rate is 10 percent and the expected return on the market portfolio is 14 percent. A firm considers a project that is expected to have a beta of 1.3, w
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