Answer:
Which one of the following statements about competitive advantage sources is true?
It is feasible to enhance both quality and speed.
Explanation:
Enhancing quality while simultaneously increasing speed is achievable; competitive advantage leads to improvements in quality due to competition from other entities, as well as a faster pace to surpass rivals.
Answer:
He is less likely to spend on scones.
Explanation:
To understand spending habits, one must consider various factors involved in purchasing.
- Income: Some individuals have a tight budget, which leads them to reduce expenses affecting their spending capabilities. Jose may find purchasing scones less problematic since they are low-cost items, thus indicating a negative correlation.
- Substitution: This could influence Jones’ spending on scones since he typically buys both together; if he stops his coffee purchases, he may also forgo buying scones.
NEPAL TOURISM AND OCCUPATIONS RELATED TO IT
Explanation:
Occupations associated with the tourism industry comprise
- Travel agents
- Guides for nature parks
- Organizers of meetings
- Map makers
- Professionals in tourism
- Wine stewards
- Tour operators, among others.
IMPORTANCE OF TOURISM WITH REFERENCE TO NEPAL
- A primary significance is the foreign currency exchange as it holds a much higher value than other tourism destinations.
- Exports to various countries from Nepal are inexpensive, and many goods are produced in bulk.
- It provides opportunities for mountaineering and various adventure activities.
- The affordable living standards draw numerous travelers from around the globe.
