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Exam (elaborations)

Iowa Travel and Tourism Final Exam With Verified Solutions New Update

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  • Iowa Travel and Tourism
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  • Iowa Travel And Tourism

Iowa Travel and Tourism Final Exam With Verified Solutions New Update...

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  • September 6, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • iowa travel and tourism
  • Iowa Travel and Tourism
  • Iowa Travel and Tourism
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Iowa Travel and Tourism Final Exam With Verified
Solutions New Update


The Transformation Economy - Answer Pine and Gilmore suggest there is one more
stage of economic development to go (TTE)



Economy based on changes in attitude, performance, belief, awareness, concern,
characteristics or some other personal dimension



The consumer becomes the product



The Progression of Economic Value - Answer



Economic Growth and Job Creation - Answer While Employment for commodities and
goods has slightly decreased: services, experiences, and transformation employment
have increased



Economic Growth - Answer 1959-2009 GDP annual growth

Commodities- 5.2%

Goods- 5.4%

Services- 7.2%

Experiences- 7.5%

Transformation- 9.2%



TTE Examples - Answer Health services fields are skyrocketing:

Smoking Patches

Jenny Craig weight loss

, Fitness Centers/Personal Trainers

Family and marriage counseling



Experiences that transform - Answer °Customer is product

°C0-creation (provider and Customer)

°Changes toward autonomy

°Prosumer

° Consumer takes "ownership of the means of production" gradually



Autonomy - Answer Skills grow, the experience improves with skill, interest grows



Freedom from outside influence and desires; independence



Prosumer - Productive and consumer are united in one. Distinction between work, that is,
productive activity, and leisure becomes unclear



Transmodern Tourism - Already leading the TEE, but has given an impressive showing in
the business of transformation



Industry has researched experience-based transformations during the past decade:

Empirical study on ways to understand how experience leverages on experience

Design for tourists those opportunities that achieve their objectives



TTE experience-product design - Answer -For a price, TTE, promises to change the very
being of the buyer, toward autonomy customer is the product

-Transformation involves a plan, a conscious purpose freely shared by vendor and
customer

-Transformations are gradual: Process made possible by a "series of experiences" that
build competencies, and hence experience-value -P&G

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