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The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
Business Model Canvas; Developed by A. Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, the business model canvas [2] [60] is one of the most used frameworks for describing the elements of business models. OGSM; The OGSM is developed by Marc van Eck and Ellen van Zanten of Business Openers into the 'Business plan ...
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Especially in developing countries, one of the primary motivations for a region to promote itself as a tourism destination is the expected economic benefit. According to the World Tourism Organization, 698 million people travelled to a foreign country in 2000, spending more than US$478 billion. International tourism receipts combined with ...
World Tourism Day's primary objective is to highlight the significance of tourism on a global scale. Apart from the economic impact that tourism brings to a country, it also plays a role in influencing the social , political and cultural environment of the countries.
Homestay (also home stay and home-stay) is a form of hospitality and lodging whereby visitors share a residence with a local of the area (host) to which they are traveling. . The length of stay can vary from one night to over a year and can be provided for free (gift economy), in exchange for monetary compensation, in exchange for a stay at the guest's property either simultaneously or at ...
Business model patterns are reusable business model architectural components, which can be used in generating a new business model. [1] In the process of new business model generation, the business model innovator can use one or more of these patterns to creating a new business model. Each of these patterns has similarities in characteristics ...
The following outline is provided as an overview of and topical guide to tourism: Tourism – travel for pleasure or business; also the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tours. [1] Tourism may be international, or within the traveller's country.