Tourism Industry Dynamics

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Questions and Answers

What does demand represent in the tourism industry?

  • The volume of goods and services customers require at a given time (correct)
  • The organization's ability to render services to its customers
  • The number of goods or products available for consumption
  • The number of inputs required for providing services

What is the counterpart of supply in the service-oriented tourism industry?

  • Demand
  • Capacity (correct)
  • Consumption
  • Productivity

What is the counterforce for demand in the tourism industry?

  • Consumption
  • Supply (correct)
  • Productivity
  • Capacity

What does capacity represent in the tourism industry?

<p>An organization's ability to provide services to its customers (D)</p> Signup and view all the answers

What is an organization's productivity in the tourism industry?

<p>Its ability to produce goods and services efficiently (D)</p> Signup and view all the answers

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