Chapter 10- leisure and productivity part 1 Flashcards
Bleisure
adding personal travel days to a business trip
- Work is a less desirable human condition, and leisure is needed to control or overcome its problematic effects.
- Work is the expected human state and its leisure’s role is to support it.
- Relationship is neutral.
are examples of?
possible relationships between work and leisure
what did Keynes believe in
believed that people had a finite quality of material needs which might one day be fully satisfied
Hsee et al. (2013) found that, much like “mindless” eating can lead to overeating, “______ _______” can lead to “overearning”
Mindless accumulations
what are results of over-earning
- Might be becoming more common as technology advances and wages increases.
- Was wasteful because it requires additional resources that could otherwise be conserved.
strategy for work-life balance
Common strategy when hiring a new employee is to offer a low salary but lots of incentives (e.g., performance bonuses).
strategy for work-wealth balance
Alternative strategy is to offer a new employee higher initial pay so he/she will give up his/her personal life.
supply
the behaviour of producers and sellers
demands
the behaviour of buyers. the quantity of product or services that buyers demand varies with the price
scarcity
wanting a product most when in competition for it
4 types of commercial recreation services
- TRAVEL / TRANSPORTATION INDUSTRY: primary function is the movement of people.
- HOSPITALITY INDUSTRY: primary function the provision of accommodations, food & beverage.
- LOCAL COMMERCIAL RECREATION INDUSTRY: RETAIL products, entertainment, & recreation programs.
- FACILITATORS: businesses which support the three main industries.
Multiplier Effect
determine total economic effect of an event by government who, in turn, provide funding or tax breaks
4 problems to the multipliers effect
- Overestimate total number of
people who attend event. - Include locals, who likely would have spent at least some of that money in the area anyway.
- Overestimate how much $ spent per visitor.
- Use too large a multiplier
economic benefits of leisure
- Can help attract new employees
- Can help attract new businesses
- Property values often go up if park nearby
- Contributions to tax base
economic costs of leisure
- Lost productivity (e.g., sick days for leisure)
- Balance of trade – more tourism dollars leaving your area than entering
- Leisure-related (e.g., gambling addiction programs and services)
- Creates infrastructure needs for cities and provinces (e.g., Senators’ $20 M ramp)
- Environmental impacts (e.g., the “flyers’ dilemma”)
- Social impacts (e.g., “consumerism”)
