Researchers Often Use This Research Technique to Evaluate How a Tourism

question 11

Multiple Choice

Researchers often use this research technique to evaluate how a tourism opportunity will impact the host community of a region.

• A) Delphi method
• B) quantitative technique
• C) correlation analysis
• D) qualitative technique

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Definitions:

Gross Profits

The gap between earnings and the expense of products sold, prior to subtracting overhead costs, salaries, taxes, and interest charges.

EMV Decision

A decision-making rule that selects the option with the highest expected monetary value, considering all possible outcomes.

Gross Profits

The difference between revenue and the cost of goods sold (COGS), indicating how much a company earns after subtracting the costs associated with making and selling its products or services.

Payoff Table

A table that shows the potential outcomes and corresponding payoffs for each decision under different states or scenarios.