Demand and Supply Flashcards
1
Q
Finish the sentence:
Supply is the result of:
A
activities that involve the provision of goods and services required for tourism demand
2
Q
Name three things that can count as supply in the tourism industry?
A
destinations
inbound & outbound transport
internal transport
3
Q
What do destination management organisations do?
A
manage and organise visitor experience within a destination
4
Q
What do travel organisers do?
A
package and organise tours and travel
5
Q
Explain consumption within the tourism industry.
A
consuming an experience
consumption begins the second you start (can include journey)
6
Q
List the eight factors which make tourism harder to sell and manage.
A
intangible psychological highly perishable composite product unstable demand fixed supply per set time absence of ownership heterogeneous
