examine the difficulties of applying cost benefit analysis in tourism development ?
The great benefit of Tourism Satellite Account (TSA) is: A. it allows for comparisons between regions, countries, or groups of countries B. it is easy to collect data and calculate C. it measure the interactions among industries D. it measures the opportunity cost of tourism development projects
Use Microsoft Excel formulas to answer the following question: Q1.A local government is considering promoting tourism in the city. It will cost S5,000 to develop the plan. The anticipated annual benefits and costs are as follows: Annual benefits: Annual support service: Parking lot expansion, S41,350 Increased local income$98,400 and tax collections rest room, patrol car, and street repar If the city government uses a discount rate of 6% and a study period of 5 years, is this tourism project justifiable...
(i) Project cost-benefit analysis (ii) Private cost-benefit analysis (iii) efficiency cost-benefit analysis (iv) Aggregate cost-benefit analysis A firm based in and owned by investors in Northern province is considering a project in nearby Southern province that has discounted net benefits and costs, at market prices before tax, of $10,000 and $7,000 respectively. (Included in these costs are wages of $4,000.) If the project goes ahead, company tax with a present value of $2,000 will be paid to the government of...
Social Cost-Benefit Analysis (SCBA) is an assessment method used to determine the economic prudence of a project, programme, or policy to all relevant members of society”. Critically examine this statement. [50 marks]
Explain what is a marketing budget? Examine the difficulties involved in preparing such a budget.
Analyze the role that government has played in the development of the Community Based Tourism Industry in your destination. Are there areas for further development.?
Why must future net benefits be discounted in a cost-benefit analysis? Define social rate of discount in your own words. What are some of the difficulties in choosing an appropriate social rate of discount? How does the discount rate affect the net benefits and the ranking of public projects?
research and elaborate on the changes that have taken place in sustainable tourism development up to this present time.
what are the challenges, barriers and difficulties for the adoption and development of these healthcare information systems? how to overcome them? any suggestions?
Relationship between Valuation principle and Cost Benefit analysis?