Which of the Following Factors Contribute the Least to the Competitiveness

question 3

Multiple Choice

Which of the following factors contribute the least to the competitiveness of a tourism destination?

• A) cost levels at the destination
• B) the quality of service at the destination
• C) culture and history of the destination
• D) minimum wage levels at the destination
• E) the physiography/climate of the destination

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Definitions:

Check-Processing Region

An area or zone within the banking system designated for the processing and clearing of checks and other negotiable instruments.

Certified Check

A check for which the bank confirms that sufficient funds exist in the account to cover the check, and so sets aside the amount needed until the check is cashed or expires.

Cashier's Check

A check issued by a bank, drawing on its own funds rather than that of a personal account holder, guaranteeing payment to the payee.

Bank Liability

The legal obligations or debts that a bank is responsible for, such as deposits and loans.