Which of the Following Statements Best Defines the Global Sustainable

question 9

Multiple Choice

Which of the following statements best defines the Global Sustainable Tourism Council GSTC) ?

• A) A council comprised of ministers of the environment from the world's eight leading tourism destinations.
• B) An organization which seeks to ensure that ecotourism is supported by the residents of all global tourism destinations.
• C) A global initiative dedicated to promoting sustainable tourism practices around the world.
• D) A consortium of tourism destination around the world that believes the health of global tourism can best be maintained through the adaptation of the UNWTO Code of Ethics.
• E) A council comprised of tourism destinations that seeks world peace through sustainable tourism.

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Definitions:

Overhead Cost

Expenses related to the ongoing operational costs of running a business that are not directly tied to the production of goods or services.

Traditional Costing System

A costing methodology that allocates overhead costs to products based on a predetermined rate, often using direct labor hours or machine hours as the allocation base.

Activity-Based Costing System

A costing methodology that assigns costs to products or services based on the activities that go into producing them, providing detailed insights into the actual consumption of resources.

Unit Product Costs

The calculated cost of producing one unit of a product, including direct materials, labor, and overhead.