Knowledge economy

their types. Most of the hotel provides luxury amenities, serviced accommodation with restaurants. Boutique hotels are smaller and independent hotel that provides all such facilities. Small hotels provides a limited amount of necessary amenities. Economy hotels are also small and medium sized hotels that provide basic accommodation facilities with little or no services. Extended stay hotels are medium sized hotels that provide long term full service facilities and accommodation compared to other…

time and money, which generate income and employment which is helpful to develop our economy. That’s why it is very important to wellbeing of many countries. Before 1947, no one focused on this industry but at the beginning of this century, tourism was considered as an industry or business. Now government has taken essential or useful steps for promoting tourism because tourism is not only helpful in develop the economy other then it is helpful to create new habits, social development,…

Tourism is really important for each country, this industry bring huge sum of money to the national economy. And usually local people support tourism because it provides very big income for them, but after some time line is crossed and locals start notice a lot of negative points. In this part we will talk about different types of consequences of mass tourism. As everything in our life, mass tourism has positive and negative points. First of all, as we already noticed, mass tourism provides huge…

Abstract Tourism is an international activity that includes a combination of economic, political, social and environmental factors with more and more complex consequences. The touristic development creates economic benefits and costs from country to country and from region to region. This is mainly attributed to at the different economic structures of the countries or regions of touristic destinations and by their geographical position. The Historic and cultural objects play an important role in…

PESTLE Analysis Political factors The political condition of Denmark is very good because of the multi-party system. The government uses policies which helps the overall business of the country and makes it easy for the investors to invest. So the government makes it very easy for big companies like Lego to survive in turbulent economic times. The operation of the company is also influenced by the policies of the European Union as they have to abide by the rules made by them. The European Union…

context, we are going to discuss what are IOs, their roles, actors and non actors. What part UNO played and what it will play in future. What are the purposes and limitations of UNO and what UNO’s further agencies are contributing towards the World economy and prosperity. International Organizations An international organization is “aorganization that promotes voluntarycoordination between its members. Two main types of IOs: 1.International nongovernmental organizations (INGOs):These…

quick economic growth, but also a change in social attitudes. Society discovering new found freedoms then suddenly people's expectations were changing, and this was fuelled by new technologies and a booming economy. However, hidden behind the hopeful and confident views and a booming economy, there were still problems, which led to the stock market crash of 1929 and the Great Depression of the 1930s. People came from all or around the world searching for an opportunity, a freedom and peace,…

low-wage labor from new economy might lead to job losses in many developed countries. Secondly, We have to mention about the effect of globalization of the…

Determinants of migration Different factors affect migration which includes economic social and ecological consideration, which are affected by individual’s perceptions and behavior. This factors operate together in order to push and pull migrants (Makonnen, 2006) 4. Economic factors Economic factors are often regarded as the major motivation for migration. The main economic factors are the search for employment. Population pressure on land rural poverty, biased development policies and…

The government of UK spends money on Tesco which helps the company for growing in the competitive market to ensure that the standard of living of the people in the country remain high which assist the economy to go down during the recession. In return of that the government receives money from the taxes such as income tax, Ni tax and Vat which is from the general public. If the business of Tesco is not running at best of their ability because there can…