International Tourism Assignment Example | Topics and Well Written Essays - 3500 words

International Tourism - Assignment Example However, Pakistan, even though bestowed with vast areas of unexploited and unexplored, breathtakingly beautiful landmarks, to date has been unable to exploit the travel and tourism industry to its maximum or for that matter, even the minimum level. According to an article available at Eturbonews. "The tourism industry in southern Asia generally showed growth in 2007, except for Pakistan and Sri Lanka. Political instability and a lack of security in these two countries led to a drop in arrivals from abroad: -7% for Pakistan, and -12% for Sri Lanka" The same news states further, "In general, the tourism industry in the subcontinent showed growth of 12%. In 2006."The same article further refers to Pakistan's tourism industry in the following words, " in addition to Sri Lanka, is represented by Pakistan, where tourism demand fell by 7% in 2007". Experts say this is related to the country's serious political instability and frequent terrorist attacks." There are two types of tourists' visiting Pakistan, The foreign Tourists and the domestic tourists. The domestic tourists can further be classified into up-country tourist (moving from the south of the country to the north) and down country tourists (tourists moving from North to South). Since tourism industry is a business mode... Tourist Categories: There are two types of tourists' visiting Pakistan, The foreign Tourists and the domestic tourists. The domestic tourists can further be classified into up-country tourist (moving from the south of the country to the north) and down country tourists (tourists moving from North to South). The major chunk of revenue comes form the foreign tourists who have resources available to splurge in the local markets and outing areas. Factors Impacting Foreign Tourists: Since tourism industry is a business model, the various theories that are used for external analysis apply to the tourism industry. The PESTLE Analysis identifies the external factors that impact the tourism industry of Pakistan. Political, Image of Pakistan: The image of Pakistan post 9/11 has been such that it is known as one of the most terrorist afflicted areas. It is believed that it lacks modern ways to commute and transportation networks fail. The volatile political situation makes if a very difficult choice to travel too especially when travel advisories are being issued against traveling to this country every now and then. Moreover, the frequent bombings and suicide bombings enhance this image further. The recent instances of terrorist kidnappings all paint a very deadly picture. Economic: before 2001, the economy of Pakistan was in doldrums with GDP growth rates as low as 4%. This reflected in a low level of investment in tourism and developments of infrastructure. Due to the lack of development of tourist attractions, Pakistan's tourism industry had stagnated. After 2001, there was a boom with growth reached as high as 7%, however, the wealth did not have a trickle down

Manufacturing Strategy Case Study Example | Topics and Well Written Essays - 500 words - 1

Manufacturing Strategy - Case Study Example The second strategy this company used in its manufacturing is a balanced approach in investment. Most of manufacturing companies in Far East did close their factories and shifted their product production in other countries. The companies that shifted their manufacturing production from one-way flow utilized a balanced approach of investing and reinvestment in other nations. Hammond and Ramman (2006) posit that the company allocated more new production territories in Hong Kong. It also allowed subcontractors to start new plants in Guangdong in China. That was based on the fact that the cost of labor in China was extremely low as compared to the cost in the Far East plant. The third strategy used by Sport Obermeyer was maintaining a careful financial discipline. This company embraced a shareholder value added system in order to determine the difference between the operating profit of the organization and the associated cost of production. The company approximates cost of production before going through a critical analysis to establish whether it could effectively compete. The company got more information on production by allowing more groups to generate forecast demand of retailers on its products. The company then used that group efforts to produce the New Year’s production line. Besides, the company used several home markets and export strategies. While some manufacturing companies typically locate manufacturing plants in a given place to satisfy customers’ demand, Sport Obermeyer Ltd embraced a double approach where it considered the demand in many markets even those found overseas. The management of the company implemented various product strategies. The first one was delivery of matching product collections to its esteemed retailers. That enabled the customers to concurrently view and buy those items simultaneously. Secondly, the management allowed