Importance Of Tourism In Ecuador

In 2012, Costco’s net income is $1.709 billion USD; then it is increased to $2.039 billion USD in 2013, $2.058 billion USD in 2014, and $2.377 billion USD in 2015. Overall, Costco’s net income increased by 39%, and these increases occurred through out the four fiscal years. This is a strong indication that Costco is becoming more profitable. Costco Wholesale Corporation has two parts of revenue, one is its sales of merchandises, and another one is the membership fee consumers has to pay in order to enjoy its service. During the 2015 fiscal year, Costco’s membership base grew by six percent and has more than 81 million members worldwide.

Tourism has experienced continued extension and diversification, which was becoming one of the biggest and fastest growing economic sectors in the world. Moreover, world hospitality industry is reflecting the continued recovery in most parts of the world. Absolutely, in many countries, the recovery in hotel performance was better than that of the economy in the total. In South American where people are traveling to a particular place increased by 50 percent in terms of the number of journeys, which was more than double as much as the overall world increase. The portion of holidays increased from 60 percent in 2009 to almost 70 percent in 2013, with sun and beach holidays and journeys remaining the key types of holiday.

This has been in part of the dissolution of the Soviet Union but is more associated to the rise of developing countries. The traditional industrial nations such as the United States or Germany have had an increase in trade but the greatest development has been in so called developing countries. Today these economies have a share of 38 % of the global flow, compared to 6% in

a. Strategic focus: GAP Inc and its sub brand Banana Republic have a global presence. Strategically, Old Navy is marketed mainly in Asia as the brand caters to the continent’s tastes, especially China. Old Navy recently debuted in mainland China which is the world’s second largest apparel market. It’s the largest growth initiative taken so far and Gap expects to reach sales of USD 1 billion in three years.4 Athleta basically focuses on the US Market is considered as a long term investment for the company as it is fast growing in the USA.

Internal Factors External Factors Strengths Opportunities Technology: ● Functional benefits of SSL ● Significant economic and environmental advantages of using SSL ● Strong intellectual property portfolio Competitive Advantages: ● Pioneering in full-spectrum SSL technology with patents. ● Outsourcing all of its manufacturing to the companies in the United States and China, Operational Capabilities: ● Overcoming the financial challenge with a restructuring cost of nearly $3.9 million. Favorable Market Conditions: ● The total LED segment had increased at a rate of 11 percent over the previous seven years to almost $2.3 billion in 1999. ● High-brightness LEDs had a market size of $680 million in 1999 with a projection of continued growth to nearly

In 2015, their purchasing power increased at an annual growth rate of 7,5% which was more than twice as fast as the growth for the overall American purchasing power. And these numbers are expected to grow as it is estimated that the purchasing power of Hispanics would represent nearly two trillion dollars by 2019. Hispanics are not only influencing the American economy with their purchasing power, today there are more than 4 million Hispanic owned businesses throughout the United States. According the Unites States Hispanic Chamber of Commerce, Hispanics entrepreneurs have been starting businesses at a pace 15 times the national average over the last decade and this despite the recession. Their businesses contributed over 600 billion dollars in revenue to the national economy in 2015.

Trade with the United States North American neighbors has more than tripled, and is growing substantially more rapid than U.S. trade with the rest of the world. Canada and Mexico account for more than a third of the United State’s total exports. The deal has has had a positive impact on the U.S. GDP, “of less than 0.5 percent, or a total addition of up to $80 billion dollars to the U.S. economy upon full implementation, or several billion dollars of added growth per year” (Council on Foreign Relations, CFR). Also, there are many U.S. jobs that rely heavily on trade with Canada and Mexico; it’s estimated that nearly “fourteen million jobs rely on trade with Canada and Mexico, while the nearly two hundred thousand export-related jobs created annually by the pact pay 15 to 20 percent more on average than the jobs that were lost” (Council on Foreign Relations, CFR). Although some jobs are lost due to imports, other jobs are being created and consumers are benefiting significantly from the improved quality of good and decreased

However it is important to note that this is the best time for Microsoft to purchase LinkedIn (as the market cap is 60% of what it was compared to last year and it reached lowest in February 2016).There are half a billion users whose professional data and behavior is up for sale and Microsoft gets it in the right time. The growth is number of LinkedIn users is close to 19% annually and additional 9% growth in new users every year. Experts also project higher mobile usage (up to 60%, which grows by 49%). There are almost 45 billion quarterly member page reviews and more than 100% growth in active job listings.

The cruise industry has been experiencing an important expansion in past 20 years. Cruises tourism are popular in the United States and in 2007, 10 million Americans took a cruise vacation representing 76 % of the total cruise passengers of the World and is expected 51 million of them cruising in the next there years (CLIA, 2008). Nowadays, there are about 300 liners sailing the world 's seas, with further 35 ships scheduled to join the global fleet over the next four years representing investments over U$D 20 billion. The cruise tourism is one of the popular tourism activities and uses natural environment as a key product.

“The total U.S. population will grow to almost 417 million — 108 million more than in 2010. In recent years, on average, 1.1 million green cards (for new legal permanent immigrants) have been issued annually” (Zeigler). The U.S. has welcomed immigrated people into the country, but more have entered illegally mainly because of the process required to enter the country is very difficult. The nation’s immigrant population (legal and illegal) hit a record 41.3 million in July 2013, an increase of 1.4 million since July 2010. Since 2000 the immigrant population is up 10.2 million.