Apart from the factor of money, the companies and organizations outsourcing the jobs are also in charge of the welfare and safety of the people they employ, thus providing them with a safeguard. Conclusion Outsourcing work has benefitted both ways, countries like U.S and U.K get cheaper labor compared to what they might have to pay in their own country, leading to cost cutting. Items from a simple DVD player to maintaining an aircraft has gone down. Unemployment rates slashed and people provided with a safety of their future in India and China like countries. Thus, positive aspects outweighing the negative aspects.
After the second World War, mass tourism increased substantially. Its first real boom, mainly experienced by the western countries, was related to the economic development of society and to the increase in number of tourism services and recreational opportunities. Throughout the years, tourism has impacted positively on the world economy and on the countries’ national balance of payments. As estimated in Francisco Vellas’ economic analysis, today world tourism represents over 45% of tourism 's total contribution to GDP (Vellas 6). In addition, the tourism industry accounts for the creation of new jobs, especially for young people.
These areas have generally been dependent on agriculture and natural resources for their economic upturn. Now the local communities are taking a wider perspective, where they are seeking economic growth through tourism. Rural tourism Tourism is an important source of income and industry for many countries. It can be a vital economic player as it can have an effect on both the source and host countries. Generally tourism is an activity where people travel for a limited time period, which can be a domestic or international destination.
In this way relatively poor people in society are helped to increase their welfare and to limit inequality. On the other hand, there is the possibility to decrease inequality by limiting some of the welfare of the relatively rich people in society. This can be done by raising taxes on luxury goods while keeping the tax on other goods the same. However, a sales tax on
Some of the companies make use of it by expansion of their consumer base in rural as well as urban areas. If a company undertakes CSR then it helps to build a positive image in the market and it ultimately leads in benefits earned by the company. CSR activities not only help the companies to grow, but also due to social welfare the most disadvantaged group of a society gets a fair share in the world
Introduction Sterling Bay is looking at expanding its economy even with the little amount of human resources. People from around the world have obtained the capacity in purchasing and traveling. Due to the fact that people from developed urban cities faces busy and hectic lives so they would want to travel to rural areas. With the attractions provided, there will then be a sharp influx of tourists. Along with the suggestions of recreational and leisure activities may help to bring up the economy and at the same it benefits the different generations in Sterling Bay not just economically but also environmentally and in the sociocultural way.
But a destination can also make profit of the point that the volunteers are spending money in the local villages. Furthermore, it is a positive fact that volunteers can transfer their skills to the local population. In this way, it is possible that the population can provide better care for itself. (Benson, 2011)
This will also save them money. Staff are trained on sustainability, both on what Oxycon is doing and how they can take responsibility to become sustainable for themselves and be able to lower prices. This puts up high barriers of entry for smaller companies entering the market. • Market forces: Oxycon is not yet large is enough to enjoy economies of scale. This lowers average costs in the long run through, for example, better use of technology or employing specialized managers.
1995).”,(Craig, 110). And according to Craig, the poor have less than others, not only concerning uneven wages, but also insufficient belongings that lessens their ability to have the necessary wants. However, there are several solutions to decrease poverty. Some of which is the aid of the United Nations Development Program (UNDP), that helps eliminate poverty, inequality and exclusions. It also helps improve the rules for people to live in a better way, and to provide them with safety and good political practice.
This agreeing with Paul that, “the tourism industry seems to be the most efficient branch of the economy in generating jobs and income in less developed, peripheral countries / regions, where development opportunities are limited.” (2012, p2) Belize being a developing country it is where tourism is necessary for the growth of the economy. Yet it is during these seasons, that jobs are created, that Belizean people like to show their culture and enjoy traditions. By allowing tourism during this seasons, it affects the cultural behaviours of people. Tourism also helps in the revival of local