the bigger of the two provinces and offers tourists everything from fast-paced city life in the Malaysian capital, Kuala Lumpur, to relaxed holidays in east coast beach resorts. Malaysian Borneo is an untamed paradise, one of the few places in the world where visitors can still see orangutans living in the…
footprint of human activities around the world. Globalisation accompanied by impacts on the interlinked areas of environment, equality and political stable, and thus there are clear and established connections with the concept of sustainable development (Little and Green, 2009). Theoretical debate about globalisation and sustainability centres on two major intellectual paradigms. Firstly, the ecological paradigm is based on the science of ecology, emphasizes the health and survival of natural…
GLOBAL INTERDEPENDENCE Interdependence is one of the most vital characteristics of the global economy. The term refers to reliance of people on products, knowledge and resources from other parts of the world. Production, consumption and trade are activities that lead to economic globalization that further links places around the globe. Global interdependence literally means mutual dependence at a global level. Wherein, a country depends on the other for something and that country further…
“Globalization” has brought a cluster of related changes that are increasing the interconnectedness of the world. These changes are occurring in, but not limited to, economic, technological, cultural, and political realms. The effects of globalization can be summarized as increased interdependence, interconnectedness, and cultural diversity. Globalization is changing the ways we experience national identity and cultural belonging. Identity and belonging are now complicated by the increasingly…
Globalization can be defined broadly as the economic, political and cultural integration of people and nations into a larger, interdependent society. As the term implies, the focus is not on individual countries, but on the world in its entirety. Thus, it is a complex process that involves the movement of goods, services, capital and information across international borders, as well as the diffusion of political, cultural and intellectual discourse. Although this process is considered by many as…
Globalization has fostered the interconnections worldwide, and the liberalization of trade and financial benefits increased the attractiveness for multinational corporation (MNC) participate in global business and investment. When MNC managed the international market, it also involved to deal with the differences in cultures, political, and other aspects. The cross-cultural management is a guarantee issue that MNCs need to pay attention to. Therefore, this course focuses on the cultural…
Challenges in the Indian Tourism Industry: Travel & Tourism industry in India is growing and it has vast potential for generating employment and earning large amount of foreign exchange besides giving a fillip to the country’s overall economic and social development. But a long way needs to be covered hence much more remains to be done. Therefore, there are challenges involved in tourism industry. Lack of proper infrastructure, is being one of the…
Resorts’ locations the best options in my opinion are limited in the South America countries. The European market is covered by the Disneyland Park and Resort in Paris, the US market by the Disneyland Resort and Walt Disney World…
• It shows that KTDC has given more importance to tour packages based on nature and package on ayurvedic and has not given much importance for the package on sports tourism, adventure tourism, cultural tourism, architectural tourism, pilgrimage tourism etc. As KTDC being a government agency to promote tourism in Kerala it has to start and develop tour packages on pilgrimage, adventure, sports, culture, heritage and architectural tour packages. • There should be a breakeven time in between the…
Introduction In times of worldwide globalisation, customers receive more and more power on the market as they can choose more and more freely from where they like to buy their product or services. This leads to more balanced markets and a higher economic welfare as producers become price takers instead of price setters and can therefore barely ask exorbitant prices. Sometimes, however, several competing producers join into a cartel, in order to maximise their profits at the expense of the…