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FA Elective 5 Lesson 2
  • Elle

  • 問題数 28 • 8/16/2024

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    問題一覧

  • 1

    Blend of economy, technology, and a social movement

    Collaborative Consumption

  • 2

    Collaborative consumption is motivated by a variety of factors including:

    Sustainability Enjoyment of the activity Economic benefits

  • 3

    In what year, a new acronym was introduced to the economic world- BRIC Brazil, Russia, India, China

    2001

  • 4

    BRICS- South Africa joined the group in what year

    2010

  • 5

    South Africa was replaced by SOUTH KOREA in what year

    2018

  • 6

    report Foreword notes: "Strong demand for services has supported service-oriented economies- including important tourism destinations such as

    FRANCE and SPAIN

  • 7

    consumers who are using their purchasing power to shape the world

    Conscious Consumerism

  • 8

    Conscious Consumer

    1. Need 2. Look for Alternatives 3. Shop less Frequently 4. Quality over Quantity

  • 9

    not working and needs to be replaced.

    traditional industrial model

  • 10

    Change will come from the GRASSROOTS rather than from the

    ABOVE

  • 11

    The impact of politics upon the hospitality and tourism sector is dramatic.

    -regulation of commerce -business and real estate development initiatives -cultural and historic preservation strategies -taxation policies

  • 12

    strength and weakness of currency can affect the attractiveness of a vacation spot.

    WEAKENED CURRENCIES

  • 13

    by economic changes, the hotel industry is one of the most susceptible to its influence.

    ECONOMIC CYCLING

  • 14

    HOTEL CHAINS are improving profits and revenue by acquiring worldwide resorts.

    TAILORED OFFERINGS

  • 15

    Crisis is an opportunity to rethink how tourism interacts with our societies

    COVID 19

  • 16

    changed due to an increase in consumers shopping beyond recognition.

    E-COMMERCE

  • 17

    one of the main tools for promoting and improving sales in the current hotel businesses.

    Management of e-Commerce and Online Channels

  • 18

    TYPES OF E-COMMERCE BUSINESSES

    1. BOOKING DIRECT 2. CORPORATE TRAVEL BOOKING TOOL 3. TRAVEL MERCHANTS 4. TRAVEL AGENCIES 5. AGGREGATOR WEBSITES

  • 19

    BENEFITS OF E- COMMERCE IN THE TOURISM AND HOSPITALITY INDUSTRY

    Help boost compliance Increase business traveler's satisfaction Traveler's flexibility Help make reducing carbon emission simpler Assist with keeping your corporate travelers safe. Save you both money and time User friendly Customization Great customer service Ability to create reports

  • 20

    E-COMMERCE IN THE FOOD INDUSTRY

    foodpanda & grab food

  • 21

    10 BEST E- COMMERCE PRACTICES FOR HOTELS

    1.Use high resolution photos 2.Build credibility 3.Make it extremely easy to book a room in your hotel 4. Display customer service channels prominently 5. Make your website easy to navigate 6. Have a single call to action per page 7. Ensure that your website is mobile friendly 8.Ensure that your website is secure for financial transactions 9.Always have an email collection mechanisms in place 10.Use persuasion elements

  • 22

    4 Common Phases of the Economic Cycle

    Expansion Peak Recovery Recession

  • 23

    economic growth expectation rise

    Expansion

  • 24

    economy generates growth

    Peak

  • 25

    stocks gain momentum

    Recovery

  • 26

    stock prices are likely to fail

    Recession

  • 27

    report analyses economic growth in every global region

    World Economic Outlook

  • 28

    show strong economic resilience and robust levels

    large travel and tourism sector