Author Question: Should travel companies seek younger audiences than most currently do? Why or why not? What will ... (Read 14 times)

nenivikky · **on:** Sep 11, 2019

Question 1

What factors determine the economic impact in an area?

What will be an ideal response?

Question 2

Should travel companies seek younger audiences than most currently do? Why or why not?

What will be an ideal response?

trampas · **Reply #1 on:** Sep 11, 2019

Answer 1

Such factors include the size of the initial spending, the leakage factor, and the multiplier effect on the indirect and induced spending. The strength of the latter two will depend to a great extent on the state of economic development (infrastructure) in the area that will determine the retentive capability of the spending.

Answer 2

This topic is similar to Teaching Tip 3, but with a different emphasis. The hope in this situation is to get students to think about the fact that best friends may not enjoy the same places or like to do the same things when traveling. Thus, trips have to be planned carefully in order to satisfy the needs of all who will be going. And, if some students become travel executives in the future, they must think about the audiences they will target for their products or services and how to communicate with them in an effective and efficient manner.