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MICRO FINALS
mm
110 cards
2nd sem Risk Management
mm
135 cards
Cards (275)
Tourism
omprises theactivities of persons traveling to and staying in places outside their usual environment for notmore than one consecutive year for
leisure
,
business
and other purposes
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Industry
relates directly
to
suppliers
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Industry
set of all
firms
making the same
product
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3 Main Industry
- generate
demand
-provide
products
&
services
to meet this demand
-seen as an
individual
actor
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Government
seen as an
individual
actor
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Tourism Industry
term to describe
firms
& establishment providing facilities and services for
tourist
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Tourism
Industry
the range of business and
organizations
involved in delivering
tourism
product
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demand side
includes all the things they do during their travel .
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supply side
sum of all t he industries which provide all t he products and services which make directly and indirectly help tourists
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demand side
sum of all the products and services consumed
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services
processes consisting of
activities
or series of
activities
rather than things
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Complex Product
there is input from various service suppliers into the total
tourism
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Complex
Industry
characterized by a number of different suppliers and tourists themselves often have little understanding of the different roles performed by each
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Fragmented
Industry
characterized by a
proliferation
of small companies spread over vast
geographical
areas
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Perishability
inability to store the product for sale at a
later
date
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Variability
product
high
in human contact
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Variability
relies on human
interaction
between user and provider
staf
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Intangibility
cannot be inspected by human senses at the
point of sale
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characteristics of service marketing
Perishability
,
Variability
, Inseparability and Intangibility
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Tourism
Industry Sectors
Attractions and
Entertainment• Transportation• Accommodation• Food
and
Beverage• Travel
and Trade
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Physical Motivator
elated to individual's
physical rest
like relaxation in aform of indulging in
health spa
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Cultural
Motivator
form of acquiring new knowledge about different culture, traditions, beliefs and way of life of other people
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Interpersonal Motivator
individual's desire to meet
newpeople
, visit friend and
relatives
and gain new experiences
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Status
and
Prestige
Motivators
focused on one's desire to travel for status and esteem purpose
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Physiological
Needs
must have a look for a place to spend a night
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Safety Needs
Having security
cameras
and medical
facilities
at the certaindestination.
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Belongingness
&
Love Needs
Visiting Friends and Relatives some of the reasons why people travel
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Esteem
Needs
desire to have status, success and self-respect
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Self- Actualization
This is the highest level of needs.
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Self- Actualization
Example traveling forunderstanding culture and language or for education.
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