Exam 1: Introducing the Worlds Largest Industry, Tourism

Leverage refers to using other people's money.

Factors that have discouraged travel do NOT include ________.

The largest group of travelers during the Empire Era was the Greeks.

Profits are revenues in excess of expenses.

The increase in tourism industry activities with new roads, stagecoaches, passenger trains, and sailing ships marked which era?

Which of the following is NOT among the three basic building blocks used to measure financial success?

Japan is now the Asian nation with the most outbound travelers.

Which of the following is NOT on National Geographic's list of greatest destinations?

A knowledge of human geography sensitizes travelers and prevents them from committing social blunders.

Which of the following questions will help you identify ethical and unethical behavior?

The services industry is growing faster than the manufacturing industry.

The study of management provides a unified approach to planning, organizing, directing, and ________ present and future actions for accomplishing organization goals.

Meeting visitor needs relies on a complex set of tools and techniques that is referred to as the marketing mix.

Regional geography provides the means to identify and describe natural features over the entire Earth, including landforms, water, vegetation, and climate.

The first space tourist spent how much for their trip to the International Space Station?

The imaginary line that runs north and south through Greenwich, England, and connects the two poles is called the prime meridian.

The U.S. Travel Association does NOT include which of the following in its definition of travel?

The three broad categories of reasons to travel include ________.

Travel as an industry probably began to develop during the ________.

Airlines have formed ________ with other airlines (carriers) to provide seamless travel across