Why Are Reliable Research and Statistics Important to the Future

question 38

Multiple Choice

Why are reliable research and statistics important to the future of tourism?

• A) They form the basis upon which we develop and grow our sector.
• B) They help us control costs, like labour costs.
• C) They create the promotions that increase our tourist numbers.
• D) They identify the new, young leaders in our sector, helping to ensure success.

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Definitions:

Global Cooperation

Collaborative efforts and partnerships among countries, organizations, or individuals across the globe aimed at achieving mutual goals or addressing global challenges.

Global Competition

The dynamic competitive environment in which companies compete against each other internationally to offer products and services.

Kaizen

A Japanese business philosophy of continuous improvement of working practices, personal efficiency, etc.

Japanese Concept

A philosophy or practice originating from Japan, often applied to management, manufacturing, or cultural approaches.