Tourism

• What are the two UK rail operating companies mentioned?

  Heathrow Express and East Midlands Railway
• What are the reasons for the trend of domestic tourism traveling by car instead of rail?

  • Flexibility and convenience
  • Access to remote locations
  • Privacy and comfort
  • Cost-effectiveness for families and groups
• Why do cars provide flexibility and convenience for travelers?

  They allow travelers to set their schedules
• How do cars enable access to remote locations?

  They allow visits to hidden scenic spots
• What advantage do cars offer in terms of privacy and comfort?

  They provide personal space compared to trains
• Why is cost-effectiveness important for families traveling by car?

  It can be more economical than multiple tickets
• What are the advantages of interrelationships for ferry companies and passengers?

  • Coordinated schedules reduce waiting times
  • Bundle tickets offer discounts
  • Expanded access to more destinations
• How do partnerships with train or bus services benefit ferry passengers?

  They allow for coordinated schedules
• What do bundle tickets or package deals provide for ferry passengers?

  Discounts on ferry and services
• How do collaborations with other transport providers benefit ferry passengers?

  They expand accessible destinations
• How can a company use communication and promotional technologies?

  • Use social media for engagement
  • Implement email marketing for personalization
  • Collaborate with influencers for promotion
  • Create mobile apps for exclusive content
• What role do social media platforms play for companies?

  They promote products and engage customers
• How does email marketing benefit companies?

  It increases customer attention and engagement
• How can collaborating with influencers help a company?

  It promotes products to their followers
• What advantages do mobile apps provide for companies?

  They offer exclusive content and promotions
• What are the impacts of horizontal integration on employees?

  Positive impacts:

  • Career development opportunities
  • Improved job security
  • Enhanced resources and benefits

  
  

  Negative impacts:

  • Job redundancies
  • Cultural clashes
  • Increased stress and uncertainty
• What career development opportunities may arise from horizontal integration?

  New roles and training programs
• How can job security improve after horizontal integration?

  Through increased financial stability
• What challenges do employees face during horizontal integration?

  Job redundancies due to overlapping roles
• What cultural issues may arise from horizontal integration?

  Cultural clashes and differing practices
• What stress factors can employees experience during integration?

  Uncertainty about roles and workloads
• What are the direct job roles related to booking a holiday?

  • Tour operator
  • Travel agent
  • Online booking agent
  • Corporate travel manager
• What does ABTA stand for?

  Association of British Travel Agents
• What protection does ABTA provide to customers?

  Refunds or repatriation if a company fails
• What must ABTA members adhere to?

  A strict code of conduct
• What resources does ABTA provide for travel companies?

  Training, resources, and market trend guidance
• How do companies respond to changing working patterns?

  • Introduce flexible working arrangements
  • Use better technology for remote access
  • Provide online training and courses
• What products and services can attract families and young children in a gallery?

  • Family tours with engaging guides
  • Art workshop classes for children
  • Educational toys related to exhibits
  • Dedicated children's menu with healthy options
• What is the multiplier effect?

  • Initial spending leads to increased national income
  • Operates through successive rounds of spending
  • Strengthened by high Marginal Propensity to Consume (MPC)
  • Weakened by Marginal Propensity to Save (MPS) and leakages
• What is the significance of the multiplier in fiscal policy?

  It estimates the impact of spending initiatives
• What are the impacts of economic growth?

  • Higher incomes and improved living standards
  • Investment in better infrastructure
  • Increased resource consumption and pollution
  • Potential for inflation due to high demand
• How does economic growth affect living standards?

  It helps people exit poverty and improves quality of life
• What infrastructure improvements can economic growth enable?

  Better roads, schools, and hospitals
• What environmental issues can arise from rapid economic growth?

  Increased pollution and resource consumption
• What economic issue can occur if growth is too rapid?

  It can lead to inflation