Question 1

Price per night, as in accommodation booking is an example of ----------

Accepted Answer

Per-unit pricing refers to setting a price per individual unit of a product or service. In the context of accommodation booking, the "unit" is typically a night's stay, making "price per night" an example of per-unit pricing.

Question 2

The prices like 2999,199, etc are related to ------- pricing

Accepted Answer

Psychological pricing strategies suggest that prices ending in certain numbers can have a psychological impact, making the price seem less than it actually is. For example, $2999 or $199 appear to be significantly cheaper at a glance than rounding them up to $3000 or $200, even though the difference is minimal.

Question 3

The first tourism policy was implemented in India

Accepted Answer

The first tourism policy in India was implemented in 1982.

Question 4

Which travellor are more Economy oriented

Accepted Answer

Budget travelers are more economy-oriented as they seek to minimize expenses and prioritize cost-effective options during their travels.

Question 5

Which travelers give less priority to comfort and safety

Accepted Answer

Adventure travelers often prioritize experiences and thrill over comfort and safety, seeking excitement and new challenges.

Question 6

Which type of travellor are not interested in travel information.

Accepted Answer

Home bodies are typically not interested in travel information because they prefer staying at home over traveling.

Question 7

A person is considered to be a resident in a country if the person has lined for ---- in the country.

Accepted Answer

The definition of residency can vary by context and country, but commonly, a person is considered a resident of a country if they have lived there for one year. This is a general guideline and can differ based on specific legal or tax residency definitions.

Quiz 5: Tourism and Travel Pricing and Policies