100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Travel and Tourism Test #1 Questions With Verified Solutions $14.99   Add to cart

Exam (elaborations)

Travel and Tourism Test #1 Questions With Verified Solutions

 10 views  0 purchase
  • Course
  • Travel and Tourism
  • Institution
  • Travel And Tourism

Travel and Tourism Test #1 Questions With Verified Solutions...

Preview 2 out of 6  pages

  • September 6, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Travel and Tourism
  • Travel and Tourism
avatar-seller
Easton
Travel and Tourism Test #1 Questions With Verified Solutions



Tourism - Answer The temporary movement of people to destinations outside their
normal places of work and residence, the activities undertaken during their stay in those
destinations, and the facilities created to cater to their needs



Visitor-Service Industry - Answer Another suggested term for tourism



Physical Geography - Answer Study of natural features of region



Human Geography - Answer Study of a region's cultures and peoples



Regional Geography - Answer Combination of physical and human geography



Marketing Mix (the 4 Ps) - Answer Product

Price

Place

Promotion



Marketing Concept - Answer Organizational philosophy centered on understanding and
meeting the needs of customers



Market Segmentation - Answer Process of grouping consumers into segments
characterized by common traits and needs



Marketing - Answer The planning, organizing, directing, and controlling of present and
future actions to accomplish organizational goals

, Business - Answer An organization operated with the objective of making profit



Profits - Answer Revenues in excess of expenses and used as a measure of performance



Primary Building Blocks to Measure Financial Success - Answer Margin

Turnover

Leverage



Margin - Answer Amount of a sales dollar remaining after operating expenses



Turnover - Answer Number of times a dollar of assets has been used to produce a dollar
of sales



Leverage - Answer Degree to which debt is used



Return on Investment (ROI) - Answer The profitability of an organization



Recreational Tourism - Answer camping, amusement parks, hanging out with friends



Sports Tourism - Answer going to see a sporting event



Heritage Tourism - Answer visiting museums, cemeteries, and other historical sites



Cultural tourism - Answer going to play, concert, art museum, or festival



Eco-tourism - Answer canoeing, bird watching, wildlife viewing

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Easton. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $14.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81113 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$14.99
  • (0)
  Add to cart