Chapter 4 Flashcards

(20 cards)

1
Q

Believe to flourish in an environment where the social economic and political condition serve as a motivational force but such as activity need to be supported by the community and governing bodies

A

Tourism entrepreneurship

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Maybe define as a person or a group of person producing and managing tourism products

A

Tourism entrepreneur

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

We believe that the most useful and convincing way to define tourism is to establish its congruence with the

A

Tourism entrepreneurship

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Can be considered as one of the best businesses in the contemporary world

A

Travel and tourism entrepreneur

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

The foremost step in developing an enterprises entrepreneur should have deeply observed global trends of tourism

A

Global trends of tourism businesses

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

One of the important elements which can minimize the business

A

Local markets saturation levels

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

It should be flawless it one cannot try to win the market dealing in europe for instance an entrepreneur should focus on some other area which that company locks and with flawless management and attract package one can win the trust of the clients and make him a regular customer

A

Target business domain

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

The selection of approach modes of marketing is very significant factors

A

Mode of marketing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Play a vital role in development of business

A

Social contacts

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Some regional accidents or terrorist attack sometimes influence the traveling business

A

Awareness about global change in the business of travel and tourism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Either for tourism if remain successful to grab the attention of the client’s age and boost the business

A

Appealing promotional package

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

There are several significant step involved in starting business the foremost the prior to establish any business is the feasibility report for this project

A

Business startup plan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

These steps are taken before the establishment of the business are considered the most significant element of an effective business plan

A

Market reconnaissance and feasibility analysis

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Every business need some initial capital to start up a business it should be determined earlier with the size of business should be and all that will be dealt with

A

Financial analysis and capital calculation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

The company is the main element which boost the business an accumulation of aims of objective along with the successful target

A

Agenda of the company

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Determine as per the agenda of the company on the very basic level they can be either long term or short term

A

Objective of the business

17
Q

I generally much more than target base compared to the long term objective

A

Short term objectives

18
Q

Mainly deal with spreading the business and turning into high profile company

A

Long term objectives

19
Q

Can be applied on target clients this technique can be either physical or virtual

A

Appropriate target marketing techniques

20
Q

Travel and tourism is growing industry in feasible enough to be taken as a business with appropriate level of knowledge planning in target the clients age it can be good source of generating revenue