Allocentric and psychocentric are two different types of guest behavior or attitudes commonly observed in the tourism and hospitality industry.
Here are the differences between allocentric and psychocentric guest behavior:
Definition:
Allocentric behavior: Allocentric guests are characterized by their adventurous and exploratory nature. They seek new and unique experiences, often preferring to engage in activities off the beaten path and explore unfamiliar destinations.
Psychocentric behavior: Psychocentric guests, on the other hand, tend to be more conservative and risk-averse. They prefer familiar and predictable experiences, often opting for popular tourist destinations and activities that provide a sense of comfort and security.
Attitude towards travel:
Allocentric behavior: Allocentric guests have a more open and receptive attitude towards travel. They are motivated by the desire for novelty, cultural immersion, and personal growth. They are willing to take risks and step out of their comfort zones to experience something different.
Psychocentric behavior: Psychocentric guests have a more cautious and traditional attitude towards travel. They prefer familiarity and predictability, seeking destinations and activities that align with their comfort zones and established preferences. They may have concerns about venturing into unknown territories.
Travel preferences:
Allocentric behavior: Allocentric guests are more likely to engage in adventurous activities such as hiking, trekking, extreme sports, or exploring remote destinations. They are attracted to unique cultural experiences, local cuisine, and interactions with the local community.
Psychocentric behavior: Psychocentric guests tend to prefer popular tourist attractions, comfortable accommodations, and structured tours. They may opt for mainstream activities and seek a level of predictability and convenience during their travel experience.
Decision-making process:
Allocentric behavior: Allocentric guests are more likely to engage in extensive research, seek recommendations from fellow travelers or online sources, and actively plan their itineraries to include off-the-beaten-path destinations and experiences.
Psychocentric behavior: Psychocentric guests may rely more on travel agents, package tours, and established travel brands. They may prefer pre-packaged itineraries that provide a sense of security and convenience.
It's important to note that these behaviors exist on a spectrum, and guests can exhibit a combination of allocentric and psychocentric traits to varying degrees. Understanding these differences can help tourism and hospitality professionals cater to the specific needs and preferences of their guests and provide tailored experiences that align with their behavior patterns.
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Basic Manufacturing has an outstanding bond with a \$1,000 par value and a 4.6 percent coupon rate. Interest is paid semiannually. The bond has nine years remaining until it matures. The bond is currently selling for $930. The existing market yield is expected to remain the same for the remainder of the bond's life. Compute the (a) current yield and (b) capital gains yield that the bond will generate this year. (LO 6-5)
The current yield of the bond is approximately 4.95% and The capital gains yield of the bond for this year is approximately -2.16%.
The current yield of a bond represents the annual interest payment as a percentage of its current market price. To calculate the current yield, we divide the annual interest payment by the bond's market price and multiply by 100.
In this case, the bond has a par value of $1,000 and a 4.6% coupon rate. Since the interest is paid semiannually, the annual interest payment would be 4.6% * $1,000 / 2 = $23. The bond is currently selling for $930.
To calculate the current yield, we divide the annual interest payment ($23) by the market price ($930) and multiply by 100:
($23 / $930) * 100 ≈ 2.47%.
The capital gains yield represents the change in the bond's price over a given period, expressed as a percentage of the initial price. In this case, we need to calculate the change in the bond's price from the beginning of the year to the current price.
Since the bond is expected to be held until maturity, the capital gains yield is the difference between the current price ($930) and the par value ($1,000), divided by the par value, and multiplied by 100:
(($930 - $1,000) / $1,000) * 100 ≈ -7%.
However, since the bond is held for only one year, we need to divide the capital gains yield by the number of years remaining until maturity (nine years) to calculate the annual capital gains yield: -7% / 9 ≈ -0.78%.
To find the total yield for this year, we add the current yield (2.47%) to the annual capital gains yield (-0.78%): 2.47% - 0.78% ≈ 1.69%.
Therefore, the bond is expected to generate a current yield of approximately 4.95% and a capital gains yield of approximately -2.16% for this year.
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Which of the following is an example of sustainable farming
What is the purpose of a headline?
O introduce the text
O indicate the page or section break
o reduce the need for graphics
o divide the document
11. Vicki believes that community service is a valuable way to spend her time and energy. What is this an example of?
O A. Liability
O B. Net worth
O c. Priority
O D. Value
Jonathan needs insurance for his new vehicle. Why are insurers most likely to look at his credit history? (5 points)
Credit may be related to car loan requests.
Credit may be related to a degree of responsibility.
Credit may be related to good or bad health habits.
Credit may be related to a driver's license.
Insurers are most likely to look at his credit history because credit may be related to a degree of responsibility.
What does your credit score say about your driving habits?
Insurers look at credit scores as a measure of a driver's responsibility. The indication is that those with high credit scores manage their money well and are more likely to behave more responsibly behind the wheel.
What is credit history?Credit history is a record of how you've managed the repayment of debts, such as credit cards and loans. Your credit history is recorded in your credit reports, which also contain additional information about your finances.
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Critique the following statement: “Safety is not important in offices or retail workplaces.”
Answer:
Safety is important in every workplace. Even in low risk work places, there are certain occupational hazards, like musculoskeletal disorders, including carpal tunnel syndrome and repetitive stress injuries.
Explanation:
The answer the site said after I took it
Answer:
Safety is important in every workplace. Even in low risk work places, there are certain occupational hazards, like musculoskeletal disorders, including carpal tunnel syndrome and repetitive stress injuries.
Explanation:
Sample answer; edge 2021
for the production function q=5l 20k, assuming w=8 and r=20, what are the optimal long-run inputs if qo=100?
With w=8 q=5l 20k and for the production function qo=100 will result in 5l 20k=100 where l=0 and k=5
The production function, which is a mathematical equation, links the variables and quantities of input for output and the quantity of commodities it produces most effectively. It offers answers to issues like production volume, marginal productivity, and the least expensive way to manufacture goods. It makes clear how a certain technology contributes to production. Technology knowledge determines the highest levels of output that can be generated using different input combinations. As technology progresses, the highest outputs that can be generated from different input combinations rise. The addition of a contemporary industrial function.
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The fiftieth legislature established texas southern university and expanded graduate education in teacher training and agriculture at prairie view a&m college in an attempt to:________
The fiftieth legislature established Texas Southern University and expanded graduate education in teacher training and agriculture at Prairie View A&M College in an attempt to enhance access to higher education and provide specialized training in these fields.
The establishment of Texas Southern University also played a crucial role in expanding educational opportunities for African American students in the state. Overall, the fiftieth legislature's actions were driven by the goal of improving the quality and diversity of higher education options in Texas.
These initiatives aimed to address the needs of the growing population in Texas by offering more opportunities for individuals to pursue advanced degrees in education and agriculture-related fields.
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What best describes the conversation stage of the marketing funnel
Answer:
Conversion
This stage is when a user finally makes the choice to buy. Your goal is to get as many people as possible from the first two stages of your marketing funnel to this purchase point. It is the final push to get your prospective customer to convert and drop the 'prospective' from their title.
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What does it mean to say that a "business" has responsibility?
Answer:
They can operate a business however they choose, but it must be fair and right to society.
Explanation:They must keep their hours everyday, fair prices, etc
Why is it not a good idea to make early withdrawals from your 401(k)
Answer:
- Fees
-Early termination cost
-Loss of interest
Krystyna has a long-term consulting contract with an insurance company that guarantees her $26,000 per year for five years. She believes inflation will be 4 percent this year and 6 percent next year and then will stay at 11 percent indefinitely. Krystyna's real MARR is 12 percent. What is the present worth of this contract?
The present worth of the contract is approximately $105,459.07, considering inflation, a real MARR of 12%, and the cash flows over five years.
First, let's calculate the future cash flows adjusted for inflation:
Year 1: $26,000
Year 2: $26,000 * (1 + 4%) = $26,000 * 1.04 = $27,040
Year 3: $27,040 * (1 + 6%) = $27,040 * 1.06 = $28,686.40
Year 4 onwards: Since inflation is expected to be 11%, we can calculate the future cash flows using the formula:
Future Cash Flow = Previous Year Cash Flow * (1 + Inflation Rate)
Year 4: $28,686.40 * (1 + 11%) = $31,809.90
Year 5: $31,809.90 * (1 + 11%) = $35,350.00
Now, let's discount these future cash flows to their present value using the real MARR (12%):
Present Value (PV) = Future Cash Flow / (1 + MARR)^n
Year 1:
PV1 = $26,000 / (1 + 12%)^1 = $26,000 / 1.12 = $23,214.29
Year 2:
PV2 = $27,040 / (1 + 12%)^2 = $27,040 / 1.2544 = $21,561.62
Year 3:
PV3 = $28,686.40 / (1 + 12%)^3 = $28,686.40 / 1.4049 = $20,423.43
Year 4:
PV4 = $31,809.90 / (1 + 12%)^4 = $31,809.90 / 1.5735 = $20,212.32
Year 5:
PV5 = $35,350.00 / (1 + 12%)^5 = $35,350.00 / 1.7623 = $20,047.41
Finally, we sum up the present values of each year's cash flow to get the present worth of the contract:
Present Worth = PV1 + PV2 + PV3 + PV4 + PV5
Present Worth = $23,214.29 + $21,561.62 + $20,423.43 + $20,212.32 + $20,047.41
Present Worth = $105,459.07
Therefore, the present worth of the contract is approximately $105,459.07.
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chegg identify a non-profit strategic plan (local, national, or worldwide) and think of 1-2 unique ways you would recommend they operationalize your new idea. *
One non-profit organization that could benefit from a strategic plan is Feeding America, a national organization dedicated to hunger relief. One unique way to operationalize a new idea is to partner with local farmers to establish community gardens.
This would not only provide fresh produce to those in need, but also promote sustainable agriculture and community engagement.
1. Research local farmers: Identify farmers in the organization's network who may be interested in partnering to establish community gardens.
2. Outreach and collaboration: Reach out to these farmers and discuss the idea of partnering to create community gardens.
3. Site selection: Identify suitable locations for community gardens, considering factors such as accessibility and available space.
4. Planning and logistics: Develop a plan for the layout, design, and maintenance of the community gardens.
5. Volunteer recruitment: Engage local volunteers who can help with planting, maintenance, and harvesting.
6. Education and outreach: Develop educational programs to teach community members about sustainable agriculture, healthy eating, and food security.
7. Distribution and impact assessment: Ensure that the produce from the community gardens reaches those in need, and measure the impact of this initiative on hunger relief efforts.
By operationalizing the idea of partnering with local farmers to establish community gardens, Feeding America can not only provide nutritious food to those in need but also promote self-sufficiency, sustainable practices, and community involvement.
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Which Finance career involves the stock market?
Financial and Investment Planning
Insurance Services
Business Financial Management
Banking and Related Services
Answer:
A or D (i think!)
Explanation:
Answer:The answer is A.) Financial and Investment Planning
Explanation:edge2020
when the price of a good or service changes, a. the demand curve shifts in the same direction. b. the supply curve shifts in the opposite direction. c. the demand curve shifts in the opposite direction. d. there is a movement along a given demand curve.
When the price of a good or service changes, there is a movement along a given demand curve.
The demand curve for that good moves when the price changes, right?A shift in the price of a good or service does not modify the demand curve; rather, it causes movement along a particular demand curve and often results in some change in the quantity sought.
when a product or service's pricing changes?Moving along the supply or demand curves implies that the quantity provided or demanded has changed as the price of a good or service changes.
How does demand alter when a good's price changes?The quantity demanded decreases as the price rises (but demand itself stays the same). Demand rises in proportion to price decline. This is the Demand Law. An inverse relationship is shown on a graph as a left to right, downward sloping line.
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How can you improve your credit score?
Answer:
Explanation:
According to Forbes, some ways to raise a credit score quickly include raising credit limits, keeping accounts open and paying bills on time
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firms are typically more successful when they focus on opportunities that build on their strengths relative to those of their competition. (true or false)
The given statement ''firms are typically more successful when they focus on opportunities that build on their strengths relative to those of their competition.'' is true.
What do you mean by business firm?A firm is a for-profit business entity that offers professional services, such as a corporation, limited liability company (LLC), or partnership.A company, such as a corporation, is a business organisation that manufactures and sells products and services with the intention of generating income and turning a profit.A business firm is either a partnership or a Sole proprietorship. It may be owned by a person or a business (e.g. Pte Ltd). Being a "legal person," a company is able to establish and own a business entity. A business firm cannot register another business firm since it is not a legal entity.
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answer?
Suppose GDP last year in a closed economy was $2000, taxes were $100, government spending was $200, and consumption was $1200. What was national saving? O $600 O $700 O $800 O $1000 011
The national saving in the closed economy described is $600.
National saving is calculated by subtracting consumption and government spending from GDP. In this case, GDP is given as $2000, consumption is $1200, and government spending is $200.
Given:
GDP (Y) = $2000
Taxes (T) = $100
Government spending (G) = $200
Consumption (C) = $1200
Substituting the values into the formula, we have:
S = Y - C - G
S = $2000 - $1200 - $200
S = $600
National saving represents the portion of income that is not consumed or spent by the government, and it contributes to the accumulation of capital and investment in the economy. Therefore, the national saving in this closed economy is $600.
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Molzahn Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year:
Estimated total manufacturing overhead at the beginning of the year $481,250
Estimated direct labor-hours at the beginning of the year 35,000 direct labor-hours
Results of operations:
Actual direct labor-hours 40,000 direct labor-hours
Manufacturing overhead:
Indirect labor cost $ 179,000
Other manufacturing overhead costs incurred $ 465,000
Answer:
The results are below.
Explanation:
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 481,250 / 35,000
Predetermined manufacturing overhead rate= $13.75 per direct labor hour
Now, we allocate overhead based on actual hours:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 13.75*40,000
Allocated MOH= $550,000
Finally, the under/over applied overhead and the closing to cost of goods sold:
Under/over applied overhead= real overhead - allocated overhead
Under/over applied overhead= 644,000 - 550,000
Underapplied overhead= $94,000
When overhead is underapplied, we need to debit the cost of goods sold.
COGS 94,000
Manufacturing overhead 94,000
Do you agree with Dr. King that you can protest an unjust law and still be respectful of the law?
Answer:
One has not only a legal but a moral responsibility to obey just laws. Conversely, one has a moral responsibility to disobey unjust laws. Any law that uplifts human personality is just. Any law that degrades human personality is unjust.
Explanation:
“An individual who breaks a law that conscience tells him is unjust, and who willingly accepts the penalty of imprisonment in order to arouse the conscience of the community over its injustice, is in reality expressing the highest respect for the law” – Martin Luther King, Jr.
Management generally resists allowing employees to manage their own workflow because it decreases their motiviation. please select the best answer from the choices provided t f
It is false that management generally resists allowing employees to manage their own workflow because it decreases their motivation.
What are the impacts of allowing employees to manage their workflow?Employees when have the authority and responsibility in managing their own tasks then it creates higher productivity. It is due to their rise in motivation as management enhances their empowerment and involvement in the workplace.
Thereffore, when management does not offer power to control and make decisions for their task then it would dissatisfy them with work procedures.
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Answer:false
Explanation:took the test
How does the way you feel about yourself affect hiw others see you?
I don't think my reality influences how I am viewed by others. It is the other way around, though.
If I ALLOW IT, how people see me will influence how I see myself. It depends on the person in a positive or negative way.
Everyone has their own reality; they have their own vision of how they see themselves and others. If someone is mad at me, then I don't take it personally as much as possible because I know they represent their reality, not mine, to me.
Income that is received as wages and is not adjusted for inflation is called ______ income. Multiple choice question.
Income that is received as wages and is not adjusted for inflation is called disposable income.
What is disposable income?Disposable income is the available money for an individual to spend.
Charges such as tax will have been removed and the remaining is what an household spends.
Therefore, Income that is received as wages and is not adjusted for inflation is called disposable income.
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what is revision?hey
Answer:
The action of revising
Explanation:
if logan said he won the fight.
KSI fans:lets check his monthly spotify listeners
Answer:
xxxxxxxxxxxxxxxxxxx Vetty funny bro
Explanation:
Which action will most improve a workers attitude
Answer:
to always
Explanation:
smile and be on there best behavior
Answer:
be a responsible worker
Which best describes the types of indicators that the HDI measures?
O economic and industrial indicators
O infrastructure and social indicators
O social and economic indicators
O stability and social indicators
Answer:
O social and economic indicators
Explanation:
The Human Development Index (HDI) is a statistic used to measure a country's achievements in different aspects of its social and economic welfare. The united nations developed HDI to evaluate different dimensions of human development in a country. Dimensions of human development refer to people's health, educational level, and standards of living.
The HDI makes comparisons between countries by analyzing components such as average annual income and educational achievements.
Social and economic indicators is best describes the types of indicators that the HDI measures. The HDI analyzes factors such as average annual income and educational achievements to directly compare between countries.
What is HDI ?The Human Development Index is a metric that assesses a country's progress in various areas of social and economic development.
HDI was created by the United Nations to assess many aspects of a country's human development. Human development dimensions include people's health, educational attainment, and living conditions.
Thus, option C is correct.
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Using at least two terms from the unit, summarize the United States’ connection to the history of bananas, as documented in this TED talk.
Answer:
There was a U.S corporation called El Pupo that specialized in trafficking bananas. Bananas reached America in the early 1500’s. By the end of the 1800’s, bananas were a big hit in the U.S. Because U.S fruit companies wanted to grow their own bananas, they bribed government officials into giving them access to various lands. Rainforests were cleared, plantations were built, and the business escalated from there. Explanation: For anybody who still needs it. I got a 10/10. Just switch the words around a bit and you should be good.
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Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit
Answer:
It is letter B
Explanation:
Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.
What is the budget?A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.
Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.
Therefore, option B is the correct option.
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Competition among sellers (producers) lowers costs and prices, and encourages producers to produce more of what consumers are willing and able to buy.
A. Explain how the above (free market competition) would be an advantage for you, the consumer.
B. Describe how an oligopoly OR monopoly could inhibit competition among businesses.
Answer:
A. Explain how the above (free market competition) would be an advantage for you, the consumer.
Free market competition is advantageous to the consumer because it promotes the supply of many goods and services, at a lower price than other market structures like oligopoly or monopoly.
In the free market, there are many firms, none have market power, and they produce goods and services that have many substitutes. This means that if a firm raises the price of a good, consumers simply flock to another firm that offers a similar product. This mechanism obliges firms to offer their goods at the market-clearing price, which is the best price for the consumer.
B. Describe how an oligopoly OR monopoly could inhibit competition among businesses.
Oligopolies ocurr when there are only a few firms in the market, and monopoly ocurrs when there is only one firm. These two market structures allow firms to charge higher prices than the market-clearing price, and to supply less quantity than the market-clearing quantity.
Besides, oligpolies and monopolies are characterized by high barriers to entry and exit, which keep potential competing firms out of market, inhibiting competition.