Question

In: Operations Management

Find definitions and gives examples for each: 1. Tourism components and supply. 2. Measuring and forecasting...

Find definitions and gives examples for each:

1. Tourism components and supply.
2. Measuring and forecasting demand
3. Tourism’s economic impact
4. Tourism policy
5. Tourism planning development and social considerations
6. Tourism and the environment (Eco-tourism)
7. Marketing tourism destinations
8. Tourism’s future

Solutions

Expert Solution

Tourism Components and Supply: They are the places the tourists perceive as the satisfaction of their leisure-oriented needs. Natural Attractions − Caves, canyons, rocks, water bodies, landscapes. ... Cultural Attractions − Historical sites, monuments, local arts, and crafts, local folk core, music and dance.

Measuring and forecasting demand: Forecasting is the art of estimating future demand by anticipating what buyers are likely to do under a given set of future conditions. Forecasting and Demand Measurement requires an analysis of the market with the aim of expressing it in quantitative (numeric) quantities both present and in the future.

Tourism’s Economic Impact: Tourism has a variety of economic impacts. Tourists contribute to sales, profits, jobs, tax revenues, and income in an area. The most direct effects occur within the primary tourism sectors like lodging, restaurants, transportation, amusements, and retail trade.

Tourism Policy: Tourism policy is a set of discourses, decisions, and practices driven by governments, sometimes in collaboration with private or social actors, with the intention to achieve diverse objectives related to tourism.


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