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Define the Following Classifications of Tourism

question 35

Essay

Define the following classifications of tourism:
• Inbound international tourism
• Outbound international tourism
• Internal tourism
• Domestic tourism
• National tourism


Definitions:

Cash Inflows

The money received by a business from its various sources during a specific period, such as sales revenue, investments, and financing.

Operating Costs

The expenses associated with the day-to-day functioning of a business, including salaries, utilities, and rent.

Useful Life

The expected period over which a fixed asset is anticipated to be usable by the company.

Limousine

A luxury vehicle driven by a chauffeur, often elongated in form, used for special occasions or services.

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