Exam 4: Governance of Sustainable Tourism

Regulations determine how the laws are enforced and the penalties for violation

What is the primary goal of the World Travel and Tourism Council?

Which of the following explains why local communities often do not participate in governance?

Money and information can encourage support for sustainable tourism initiatives.

Multilateral agreements occur at the local level.

The first multilateral agreement established on sustainable tourism was:

The World Travel and Tourism Council established modern definitions of the terms 'visitor' and ' tourist'.

When calculation net present value, the discount rate represents:

Lobbying is inherently bad for development because only the rich and most influential can access the political process.

Policies are the system of rules designed to regulate behavior.

A cost-benefit analysis must discount future benefits and costs using the net present value.

Logrolling is the process of trying to persuade elected officials to take particular actions or change certain laws.

Definitive courses of action that determine present and future decisions

Apathy in the local community is a primary reason why local communities do not engage in the political process.

The discount rate is always the same as the inflation rate.

The main areas of focus of the WTTC are security and travel facilitation, crisis preparedness, management and recovery, and sustainable growth.

Benchmarking allows a business to do which of the following?

Politics is about how things get done rather than what needs to be done.

Governance is about the ways in which society allocates, controls, and coordinates people.

In business, governance is setting the policies that local residents must follow and the penalties for noncompliance.