Adventure Travel In India Market Study Tourism Essay

Adventure Travel In India Market Study Tourism Essay Adventure sports have seen a tremendous growth is the last six to seven years and the future looks very bright. The government is also doing its bit in order to promote adventure tourism in India. The Indian tourism industry has a lot of myriad players who want to latch on the opportunities that beckon in this field of the industry. But the industry and its players continue to be a house of disorder. This paper looks into the clear and present opportunity that lies ahead of the Indian Tourism Industry in the form of Adventure Travel, and analysis the various aspects that need to be kept in mind as the investors go out in search for the suitable customers to cash in on this multimillion dollar cheque. INTRODUCTION â€Å"A man cannot discover new oceans unless he has the courage to lose sight of the shore†, were the words of the famous French noble laureate Andre Gide and the increasing demand for the adventure sports indicates that people have entered the 21st century with ren ewed courage to find enjoyment in the thrills of the adventure filled outdoor activities. Thus, it can be seen like leisure tourism, adventure sports is becoming an integral determinant behind the tourism dynamics. As a subject for academic analysis, tourism can be said has reached a stage of relative maturity. A casual review of journals serving the subject area reveals a number that have been in existence for over 25 years (e.g., Tourism Management, Annals of Tourism Research), with the Journal of Travel Research publishing its 45th annual volume in 2007. Similarly, the range of journals reveals the diversity of issues considered (e.g., Tourism Geographies, Tourism Economics, Journal of Sustainable Tourism, and Journal of Travel and Tourism Marketing). With the evident relative lack of research in the area of Adventure Sports Tourism, it would be sensible to turn to research in the area of promoting the various disciplines of adventure sports by integrating it with operations of t ourism management. This research will look into the increasing demand for the adventure sports, breaking with the cultural and geographical conformism of conventional holidays and trips, and will analyse the potential for it to tap effectively. OBJECTIVE Research in the field of sports tourism has burgeoned over the last decade. In a study conducted by a renowned publication, unsurprisingly, the most studied activity was major event sports tourism like Olympics, World Cups, etc.(40% of articles), with outdoor and adventure sports tourism (29%) and skiing and winter sports (15%) being the other two significant areas.1 This being a clear indication of the increasing demand for the adventure sports, the objective of this paper will be to study the feasibility of marketing, conducting and benefitting from such events specifically in India. This market study will broadly consist of two parts which will help the readers decide the readiness and the viability of the adventure sports market . Part-1 discusses the concepts and approaches that might inform an analysis of adventure sports in Indian market. And part-2 will conduct a critical evaluation and the determining factors of investing in this area of business.

When Do Opportunity Costs Count Article Example | Topics and Well Written Essays - 500 words

When Do Opportunity Costs Count - Article Example The author in this article initiated with defining opportunity costs and how the knowledge is gained to properly identify the opportunity costs in any working environment. The author illustrated this idea by considering two different groups of people. This was experimented by using management accounting students with management accounting professionals (having proper management accounting work exposure and experience). Thus, this experiment lead to the conclusion that professional management accountants were more capable at identifying the opportunity costs associated with any project. This better identification of the opportunity costs was declared as the procedural knowledge by the writer. Later, the writer explains that opportunity costs perform as a referee between the two issues of the opportunity cost vagueness and the project completion stage. Opportunity cost vagueness, as described by the writer, is the inability to derive a proper and exact value for the benefit forgone i.e . the opportunity cost. The writer further explains that management accountants usually use estimates of opportunity costs and then these estimates are included in the final appraisal of a project. The management accountants who had higher knowledge of the Generally Accepted Accounting Principles were deemed to consider opportunity costs lightly as compared to accountants who had lesser knowledge of these Generally Accepted Accounting Principles. According to the writer, at the project completion stage, individual tend to invest heavily in the project with a rush to  finish off the project even in circumstances when the project is profitable one.  

Review the United States v. Lopez case, and write a case brief Study

Review the United States v. Lopez , and write a brief - Case Study Example Later on, Lopez was arrested and charged for possessing a gun in a school. Issue – The impact of the 1990 Gun-Free School Zones Act, which forbids individuals from knowingly carrying a gun in a school zone, on the Commerce Clause. Is the Act unconstitutional? Does the Congress exceed its power to legislate under the Commerce Clause? Holding – Yes, the Congress is exceeding its power. Caring a gun in a school is an offence under criminal law, and does not interfere interstate commerce or any other economic activity. Lopez’s conviction has been reversed by the Court of Appeal, and affirmed by the United States Supreme Court. Rationale – The Court found that there was no obvious and direct connection between the act of possessing a gun in a school and commerce as an economic activity. The court found no connection between 18 U.S.C. Â § 922(q) and the Commerce Clause, which does have limits.