Impact Of Tourism On The Caribbean Islands - 1657 Words

Impacts of Tourism in the Caribbean Islands Christopher Tillman University of South Carolina Tourism has its sociological impacts, environmental impacts, and economic impacts. When visitors come spend money in any place they travel to it creates jobs for locals and often times reduce the poverty rate. Tourism can help a community identify just who they are and why tourist like to travel to this area. They do this by showing distinct rare cultures that you can’t find anywhere else in the world. This is what draws tourist into and area. Tourism across the world is a rapidly growing and really can help the economy with a tourist attraction area. These impacts can be both positive and negative for tourist attraction areas. As tourism develops in a certain area it will either hurt the environment or help the environment in that tourist area. Tourist areas draw the construction of roads, airports, hotels, restaurants, shops, etc. These things will reduce the natural element of a tourist attraction area. Tourist attraction areas can help an area because some of the land is protected and conserved to keep the natural element of that area. Tourism has the ability to raise awareness to tourists of the important of the environment. Tourism in the Caribbean Islands area is a huge ordeal environmentally, socially, and economically. Tourism effect the environment in the Caribbean area in many ways. When tourist travel to a Caribbean island most of the time they areShow MoreRelatedCruises Of The Caribbe Who Does Not Benefit?1548 Words   |  7 PagesCruises in the Caribbean: Who does not benefit? Cruise tourism, in todays society, has increasingly become a more popular niche market with in the travel industry for over the past 4 decades world-wide (Wild, G.P. (International) Ltd, 2004, p.15). 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According to the CIA’s World Fact book, tourism is top industry in at least 17 of the 26 countriesRead MoreTourism Essay on the Caribbean1061 Words   |  5 PagesCaribbean Travel and Tourism (HM321) Name: Dondre Fawkes Student #: 620023009 Lecturer: Ms. Mackay Negative environmental impact of tourism in the Caribbean Coastal and Marine Resources The overall environmental effects of tourism in the Caribbean involve environmental degradation which hinders sustainability. Environmental effects related to tourism are problematic and may cause irreversible impacts. These environmental effects include urbanization, over exploitation of resourcesRead MoreCaribbean countries are in the tropical area between latitudes 11 and 18 degrees north, mainly900 Words   |  4 Pages 　　Caribbean countries are in the tropical area between latitudes 11 and 18 degrees north, mainly constitute of island states with small rugged and mountainous areas of plains in coastal areas. 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Since this had been found in 1996, this number has now raised to 25 millionRead MoreTh Cruise Ship Industry Effects1352 Words   |  6 PagesNorthern Caribbean University Tour209: Caribbean Tourism and Travel Ms. Murihead Question 2 1. (a) Critically evaluate the impacts that the cruise ship industry has on destinations. (b) Suggest recommendations that can be used to minimize or mitigate the problems     Ã‚  Ã‚  Ã‚  Ã‚   Identified in question 2a.   1. Critically evaluate the impacts that theRead MoreThe Impact Of Caribbean On The Caribbean944 Words   |  4 Pages1.0 TERMS OF REFERENCE Cruising in the Caribbean has grown rapidly in popularity over recent years, and whilst this is an advantage from a tourism aspect, it has also brought escalated concerns for many territories in this region. According to Nagel, G. (1999) tourism in the Caribbean had increased from 5 million to 10.6 million in the space of ten years. 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Annotated Bibliography On Electronic Monitoring - 3464 Words

The following expanded annotated bibliography will be look at the topic of electronic monitoring, it will be providing the reader with sufficient information how it could potentially be better for our society, it will also be providing studies and researches conducted on electronic monitoring This first journal is called From B. F. Skinner to Spiderman to Martha Stewart: The Past, Present and Future of Electronic Monitoring of Offenders, it is an essential journal to understand what electronic monitoring (EM) is how it came into being and it potentially could be in the future. The Journal Provides the information on what electronic monitoring is, how was electronic monitoring it developed, when was it developed, and for what reason was it developed. The following is the summary of the journal. The first experimental application of electronic monitoring occurred about in 1960s where a small group of researchers at Harvard University began designing a portal transceiver capable of recording the location of volunteers with criminal record. Being heavily influenced by B.F Skinner they successfully designed a portable unit that sent two way messages between a base station and young adult offenders They termed it â€Å"Behavioural Transmitter Reinforce† The primary goal was to provide feedback to the offenders for the purpose of rehabilitation and social support. However this was not very successful, regardless of the few appraisals the research got, some scholarly papers raised anShow MoreRelatedPatient Compliance with Antihypertensive Medication997 Words   |  4 PagesAnnotated Bibliography Hershey, J.C., Morton, B.G., Davis, J.B., Reichgott, M.J. (1980). Patient compliance with antihypertensive medication. American Journal of Public Health, 70(10), 1081-1089. This article, written by healthcare professionals in the greater Philadelphia area, describes the methodology and findings of the early phase of a long-term study to determine the best ways to improve medicine taking compliance. A total of 132 subjects were selected through random sampling proceduresRead MoreCase Study648 Words   |  3 Pages As we have to write an annotated bibliography on the topic â€Å"Ethics in management decision†, I along with my other group members (Poonam and Hilda) arranged a successful group meeting for week 5. On this meeting, we discussed about the topic that we have selected. We have decided to have a meeting at least once a week at the university library group discussion room and also decided to communicate with each other regularly by our cellular phone and with the electronic mails. 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I also used Google to search the general internet. 3. What search terms did you use? a. _Homework_________________ d. _____Achievement___________ b. _Value of Homework_________Read MoreBusiness Plan for Opentable - an Online Restaurant Reservation System7002 Words   |  29 PagesONLINE RESTAURANT RESERVATION SYSTEM PRESENTED TO: MICHAEL LANE PREPARED BY: MUHAMMAD BILAL STUDENT ID: 10268/0050092717 EMAIL: mbillall@yahoo.com Date: 05th June 2010 Word count: 5009 excluding Executive Summary, References Annotated Bibliography. EXECUTIVE SUMMARY Since 1999 OpenTable has been transforming the way restaurants manage their operations and diners make restaurant reservations, before OpenTable started all the restaurants were managing their operationsRead MoreSports17369 Words   |  70 PagesInstructor’s Manual Exercises in Sportscasting Linda K. Fuller, PhD Published by  © 2008 by Routledge, Taylor Francis Group. All rights reserved. No part of this work may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying, microfilm, and recording, or by any information storage and retrieval system, without permission in writing from the publisher. Printed in the United States of America. Routledge, Taylor Francis Group, 270 MadisonRead MoreSports17363 Words   |  70 PagesInstructor’s Manual Exercises in Sportscasting Linda K. Fuller, PhD Published by  © 2008 by Routledge, Taylor Francis Group. All rights reserved. No part of this work may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying, microfilm, and recording, or by any information storage and retrieval system, without permission in writing from the publisher. Printed in the United States of America. Routledge, Taylor Francis Group, 270 Madison Avenue

How Can Tax Cuts Help Revive the Economy Free Essays

There are many opinions and predictions about how the economy will get back on track or how it will sink, and what should be the best approach of the government to take on this economic crisis. How important is the role of the government and how much a government should interfere in the economy? Introduction Unemployment has been one of the major concerns for many governments; historically unemployment reached 25% in the United States during the great depression in 1933. When there are no jobs people don’t have the money to spend, and demand for products decreases. We will write a custom essay sample on How Can Tax Cuts Help Revive the Economy or any similar topic only for you Order Now When demand decreases many companies go out of business or just hire fewer workers, while unemployment keeps growing. The government has a very powerful tool called fiscal policy to manipulate the economy and control and manage the levels of demand. Fiscal Policy Fiscal policy is based on the theories of John Maynard Keynes also known as the Keynesian economics. The theory of Keynes state that the government can influence the economy by manipulating the increase or decrease of taxes and at the same time the level of government spending. By controlling the level of government spending what fiscal policy can do is to change the position of the Aggregated Demand curve (AD), since Government (G) is part of the aggregated demand. At the same time the government could cut taxes putting more money into the pockets of consumers called â€Å"disposable income†, which is another way of busting the Aggregated Demand since Consumers (C) is also part of the Aggregated Demand. The Multiplier Effect I think that there is a good question that we can formulate here: If government cut taxes and raises the level of government spending, how can the economy get better if by cutting taxes the government has less coming in, and at the same time by spending more the government is has more coming out? The multiplier effect states that when a part of the Aggregated Demand (C+I+G+(X-N) is changed, any of this components which usually is (G), the result is an increase even greater than what was originally impacted by the changed and by doing this the government could push out the Aggregated Demand curve according to this rule. To explain the multiplier effect a little better let’s imagine that the government has 1 million dollars to spend, and it has several choices to do so, so let’s say that they decide to construct a new bridge. They hired 10 people who are now being paid and will spend part of that money each on another 10 more individuals. They spend 80% as disposable income and basic needs and save 20%. By spending 80% they are creating revenue for somebody else, who will use it as disposable money, at the same time by saving money they are creating more resources for a bank to e able to invest. At the end the initial money the government spent is not lost is only multiply and has created jobs, it has raised the level of demand, and it has boosted the (AD). The answer to the initial question: We can guess that the government expects to boost or better the economy by spending more, because eventually this spending will result into a greater impact into the economy by the consumers (C) Ob stacles Reaching the Goals Fiscal Policies have some obstacles that can make the goals very hard to reach, and it could reverse the process and create inflation if these policies are not monitored constantly. The way this could happen is if too much money is injected into the economy while taxes are still down, and the consumer demands for goods and services are lower than the production supply. The increase in economic productivity can cross over a very fine line devaluating the real value of money and pushing the prices up, hence inflation occurs. At the same time the Multiplier effect can work in reverse because the success of the multiplier effect is based on the level of consumer spending. If the consumer doesn’t want to spend any money during difficult times there will be no money injected into the economy and the impact will be a decrease on the aggregated output. Conclusion The government plays a very important role in the economy, the decisions the government makes has a tremendous impact in the lives of its citizens. Making smart decisions in an economy that seems very volatile and probably unpredictable is very difficult. I believe that by making tax cuts and spending which I would call (Investing) the government is making the right decisions because in the long run my generation is eager to be part of this economy and very soon become a big spender after I am done with school, after I graduate. Bibliography/References Heakal, Reem. What is Fiscal Policy? Investopedia AForbes Digital Company File under: Bonds, Economics, Retirement URL Web Site: http://www. investopedia. com/articles/04/051904. asp Wikipedia: Fiscal Multiplier:URL Web site: http://en. wikipedia. org/wiki/Fiscal_multiplier Holden, Paj. Teacher of Economics:PajHolden’s Channel In Youtube fiscal policy and the multiplier effect URL Web Site: http://www. youtube. com/watch? v=0CjNlyiDAno New Law’s Tax Cuts Mean Extra Cash: IRS Web Site http://www. irs. gov/newsroom/article/0,,id=109816,00. html How to cite How Can Tax Cuts Help Revive the Economy, Papers

Global Business for Journal of Conflict Management-myassignmenthelp

Question: Discuss about theGlobal Business for Journal of Conflict Management. Answer: Consider an automobile company that also produces automotive parts and thinks of expanding business in a new market. One easy way of business expansion is to gain access to a new market through export. Now, both the country A and B import automobile or automotive cars. In order to choose export destination, a number of macro variables needs to be considered. Gross Domestic Product of is the measure of overall productivity a nation (Uribe Schmitt-Groh, 2017). GDP of country A is US $ 2.081 trillion. The GDP for country B on the other hand is US $ 216 billion. The per capita income is also higher in country A than that in country B. The country A has an average income (GDP per capita, PPP) is US $ 15,000 and that is country B is US $ 6,900. Most of the population in country A is live above the poverty line. Only 3.7% people in country A is living below the poverty line. However, this statistic for country B is 11.3%. Country A is highly urbanized with 86.2% people resides in urban. Th e share of urban population in country B is only 34.9%. All these suggest as an export market of Automobiles Country A is in a better position than country B. Consider the situation of a petrochemical company that refines petroleum oil and engages in production of petroleum products. Crude oil is one primary resource needed for this business. To supplement domestic supply, however the business need some source of import of crude oil. Country Bs one of the major export is crude oil. This implies the country has abundant supply of crude oil. However, the country is not much developed as country A. This is reflected from the percentage share of employment in three major sectors of the economy. In country A, the share of agricultural employment is 10%, industrial employment is 39.8% and service sector employment is 50.2%. The corresponding shares for country B are 48%, 21% and 31% respectively. The share clearly shows country B is an agriculture dependent nation. Because of lack of industrial development the demand of crude oil in country B is greater than that is country A. Petroleum products belong to the major importable of country B. There fore, country B has appeared to be a better source of importing crude oil for the business. The last conclusion that can be drawn looking at the socio economic data for the two countries is the decision regarding choice of location for Foreign Direct Investment (FDI). Suppose, a company is deciding to expand business of producing transport equipment in some foreign market. FDI is one direct mode of entering in foreign market. The factors that needs to be considered while selecting FDI location include economic and political stability, geographic location, availability of skilled laborers, market size, operation cost and other (Lien Filatotchev, 2015). GDP and per capital GDP are two important indicators of economic stability. In terms of both indicators, country A is in a more stable state than country B. The adult literacy rate though slightly higher in country B (94.7%) than country A (92.6%) but the industrial and service sector is more developed in country A as compared to country B. This attracts FDI in country A. The rate of unemployment in country A is 13.1 percent while than in country B is 2.3%. The foreign direct investment creates more job opportunities in the nation. Therefore, government in country A might provide tax concession or other incentives to the entering business firm. Foreign market entry mode- international joint venture The beneficial effect of entering in a foreign market depends on the mode of entering in the market. The four common channel of entering in a foreign market exporting, Licensing, Joint venture and direct investment. In Joint venture, two business firms located in two or more nation enter in a mutually beneficial partnership. The five common objectives of such a partnership include enter in a new market, share of risk between partners, share of technological knowledge, development of joint product and confront government regulation (Wong et al., 2018). The key aspects to be considered in a joint venture are control, ownership, length of agreement, pricing strategy, technology transfer, capabilities and resources of local firms and intention of government. A wholly owned subsidiary on the other hand makes independent operation as a parent company. Here, the entering firm has its own structure of management, clients base and products. The main advantage of international joint venture is the risk sharing among the partners. Entering in a new market involves different kind of market risks. In the wholly owned subsidiary, such risks had to borne by the single company (Yan Luo, 2016). In joint venture, however the risk is shared among the partnered firms. When one business fails then the resulting losses are shared between companies. Joint venture also minimizes risk by providing a greater access to local resources and capital to the newly entered firm. However, there are some potential risk or disadvantage in a joint venture. As like risks, profits are also shared between companies. Therefore, in a joint venture firm receives a lower profit as compared to a wholly owned subsidiary company (Wong et al., 2018). Problem may occur in a joint venture in case of interest of partner contradicts. References Lien, Y. C., Filatotchev, I. (2015). Ownership characteristics as determinants of FDI location decisions in emerging economies.Journal of World Business,50(4), 637-650. Uribe, M., Schmitt-Groh, S. (2017).Open economy macroeconomics. Princeton University Press. Wong, A., Wei, L., Wang, X., Tjosvold, D. (2018). Collectivist values for constructive conflict management in international joint venture effectiveness.International Journal of Conflict Management,29(1), 126-143. Yan, A., Luo, Y. (2016).International joint ventures: Theory and practice. Routledge.