Chapter 3 Flashcards

1
Q

A component of the integrated development theory in which one area of the development can operate at a loss that is offset by lucrative operations elsewhere within the resort.

A

Balanced Development

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2
Q

Development of a destination in which a single developer encourages complementary businesses in and around the property.

A

Catalytic Development

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3
Q

The avenues though which travel products are sold. “Place” when discussing the four P’s of Marketing.

A

Channel of Distribution

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4
Q

Locating a variety of tourism sites and products in one area to create easy access for visitors.

A

Clustering

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5
Q

Development of a destination that occurs naturally , without community planning. A lack of common theme often means duplication of services and a general lack of development of the destination.

A

Coattail Development

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6
Q

When demand changes significantly as result of price changes.

A

Elastic Demand

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7
Q

The process of attempting to determine the future demand for a product/experience.

A

Forecasting

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8
Q

Creating products to fulfil the needs of a specific segment of the total market.

A

Niche Marketing/Target Marketing

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9
Q

Product, Price, Place, and Promotion

A

4 P’s of Marketing (Marketing Mix)

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10
Q

The use of experts and their accumulated experience and knowledge to predict future demand.

A

Qualitative Forecasting

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11
Q

The analysis of numerical data (current and past) to help predict the future.

A

Quantitative Forecasting

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12
Q

Adherence to a common theme. Easily done within Integrated Development

A

Functional Form

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13
Q

When demand does not significantly change as a result of price changes.

A

Inelastic Demand

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14
Q

A basic system that includes facilities such as roads, sewage systems, electricity, and water supply.

A

Infrastructure

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15
Q

Term used to describe the service and experience of the tourism product. Cannot be “held” or sampled prior to purchase.

A

Intangible

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16
Q

The development of a large parcel of land by a single individual or company to the exclusion of other developers.

A

Integrated Development

17
Q

A written plan used to guide a company’s actions specific to product, price, promotion, and channel of distribution.

A

Marketing Plan

18
Q

The division of the overall market into groups of people who share similar characteristics or have similar needs.

A

Market Segmentation

19
Q

The physical means of supporting and attracting tourists such as land and agriculture, a habitable climate, water supply, and natural beauty.

A

Natural Resources

20
Q

The special feeling of a destination, created by its unique features, and used in marketing initiatives.

A

Sense of Place

21
Q

The unique characteristics that create the sense of place of a destination. (physical, cultural, historic, etc)

A

USP - Unique Selling Proposition

22
Q

A current style or preference.

A

Trend

23
Q

An intangible concept referring to the genuine warmth extended to visitors by the host community.

A

Hospitality of the Host

24
Q

All the buildings located at the destination including terminals, lodging facilities, food and beverage outlets, stores, etc (from the ground up)

A

Suprastructure