Question 1

Which of these is false? Forecasting:&#10;A)Identifies distinct patterns of change that businesses can rely upon to base investment decision on&#10;B)Helps companies to plan ahead&#10;C)Is not an exact science&#10;D)Helps assess likely future changes

Accepted Answer

Forecasting, while useful for planning and assessing future changes, does not identify distinct patterns of change that businesses can rely upon with certainty for investment decisions. It involves estimations and probabilities rather than exact, reliable patterns.

Question 2

Which of these variables are not used in tourism forecasting?&#10;A)Number of tourist trips&#10;B)Tourism satisfaction&#10;C)Tourist expenditure&#10;D)Market shares of tourism

Accepted Answer

Tourism satisfaction is not typically a variable used in forecasting tourism demand or trends, as forecasting usually relies on quantitative data such as the number of trips, expenditure, and market shares.

Question 3

What percentage of the UK population will be over 65 years of age by 2020?&#10;A)5%&#10;B)1%&#10;C)15%&#10;D)2%

Accepted Answer

2%&#10;

Question 4

The term peak oil means:&#10;A)The point at which oil production has ended&#10;B)The point at which oil production has peaked for a given year&#10;C)The point at which global oil production has reached its zenith&#10;D)The point at which new sticks of oil are being discovered to extend the peak supplies

Accepted Answer

Peak oil refers to the hypothetical point in time when global oil production reaches its maximum rate, after which production will gradually decline. This concept is based on the observation that oil resources are finite and that at some point, the rate of extraction and production will begin to fall as resources become more difficult and expensive to extract.

Question 5

Which of the following countries has seen opportunities for tourism development since political reforms have been introduced?&#10;A)North Korea&#10;B)Vietnam&#10;C)South Africa&#10;D)Cambodia

Accepted Answer

The answer of Which of the following countries has seen...

Question 6

The scope of Human Rights issues in tourism is not associated with:&#10;A)Labour rights&#10;B)Political oppression&#10;C)Holiday habits&#10;D)War

Accepted Answer

Human Rights issues in tourism typically involve concerns related to labor rights, political oppression, and the impacts of war, but not the personal holiday habits of tourists.

Question 7

Approximately how many theme parks are there globally?&#10;A)100&#10;B)119&#10;C)125&#10;D)160

Accepted Answer

There are approximately 119 theme parks globally.

Question 8

Hypercompetition and disruptive technologies impact tourism in which ways?&#10;A)By giving the supplier complete control over demand&#10;B)By redefining the product and market&#10;C)By offering more at a lower price&#10;D)By splitting industries

Accepted Answer

The answer of Hypercompetition and disruptive technologies impact tourism in...

Question 9

The Future of Work report suggests how many workers over 50 years of age may be displaced through automation in the USA?&#10;A)3 million&#10;B)11.5 million&#10;C)20 million&#10;D)28.5 million

Accepted Answer

The Future of Work report suggests that 11.5 million workers over 50 years of age may be displaced through automation in the USA.

Question 10

In the tourism workplace, tourism employees will need to exhibit the following skills in the future. Select the odd one out&#10;A)Adaptability&#10;B)Demonstrate initiative&#10;C)Critical thinking&#10;D)Focus less on showing initiative

Accepted Answer

D is the odd one out because it contradicts B, which emphasizes the importance of demonstrating initiative, a key skill in the tourism industry.

Deck 27: Tourism Forecasting, Development, and Workplace Skills