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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 ...
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 ...
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.
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.
Lin (2008) emphasizes that the evaluation of the entry modes' determinants is better to be applied in some main theories and models such as transaction cost theory, eclectic theory and internationalization model, which serve as theoretical foundation in these kind of studies, where host-country condition, political and economic context, and ...
Generally, tourism is the main export in a resort town economy, with most residents of the area working in the tourism or resort industry. Shops and luxury boutiques selling locally themed souvenirs, motels, and unique restaurants often proliferate the downtown areas of a resort town.
According to the World Tourism Organization (UNWTO), urban tourism is defined as "a type of tourism activity which takes place in an urban space with its inherent attributes characterized by non-agricultural based economy such as administration, manufacturing, trade and services and by being nodal points of transport. Urban/city destinations ...