LESSON 3 MIDTERM Flashcards

(41 cards)

1
Q

It depends on factors such as local governance structures,
inter-community relationships and partnerships with NGOs
and Tour Operators

A

Community-based ecotourism
(cbe) enterprise

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2
Q

Often take the form of a structured or loosely-aligned
cooperative in which members of the community hold
active roles in providing with accommodations, food, crafts,
transportation, or guide services.

A

Community-based ecotourism
(cbe) enterprise

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3
Q

These enterprises can be structured in various ways ,
which should be explored in the planning process in
order to identify the best fit for the community and
prevalent conditions.

A

Community-based ecotourism
(cbe) enterprise

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4
Q

Often have problems understanding and attaining the
level of quality needed to satisfy international tourist.

A

Community-based ecotourism
(cbe) enterprise

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5
Q

This partnership stracture
reduces the risk that a tourism venture will fail,
given their knowledge of product quality
standards, their experience in operations
management and their established marketing
network

A

PRIVATE SECTOR
CONCESSIONS

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6
Q

The disadvantage of this structure is the more
revenue is likely to leave the area and these
owners may capture much of the profit
themselves and create economic leakages by
importing food, supplies, staff, and building
materials from outside the community.
10

A

PRIVATE SECTOR
CONCESSIONS

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7
Q

It is the best way to encourage ecotourism may
be to partner with the community. TRUE OR FALSE

A

FALSE (PRIVATE SECTOR)

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8
Q

They Work further for the conservation of the
protected area and foster sustainable
community development. 11

A

NGO

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9
Q

This structure should be approached with great
caution.

Must have access to the capital and training
required to provide ecotourism services.

Must have the legal authority to operate a
business.

A

NGO ECOTOURISM
ENTERPRISES

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10
Q

The objectives of private sectors are more closely match to those
of a host community. T or F?

A

FALSE (NGO)

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11
Q

NGO ECOTOURISM
ENTERPRISES can be a risky. T or F

A

TRUE

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12
Q

Desirable form of ecotourism enterprises
involves partnerships between communities,
NGOs and private businesses.

A

Potential partners

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13
Q

Profit margins or the size of an
operation need to be considered
when selecting a partner. T or F

A

TRUE

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14
Q

Give the four CHALLENGES OF THE
ECOTOURISM BUSINESS

A

Marketing Cost
Profit Margins
Risk Management and Legal Considerations; and
Competitive Environment

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15
Q

It is important for NGOs to be aware of these various intermediaries in the distribution
channel and the functions they perform

A

Marketing Cost

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16
Q

NGOs do not have a profit mandate but must at a minimum cover their cost. T or F

A

TRUE

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17
Q

Type of
Company that the
proprietor holds all assets
and debts

A

Sole Proprietorship

18
Q

Type of
Company that Easy to establish, little
government regulations
and owner maintains
complete control

A

Sole Proprietorship

19
Q

Type of
Company that Owner faces unlimited
personal liability for all
business debts and law
suits

A

Sole Proprietorship

20
Q

Type of
Company that capital is Contributed by the
individual proprietor

A

Sole Proprietorship

21
Q

Type of
Company that a
business entity created by
tow or more co-owners

A

General Partnership

22
Q

Type of
Company that Strength through
cooperation and less
government regulations

A

General Partnership

23
Q

Type of
Company that Partners may be
personally liable for
business debts and
liabilities

A

General Partnership

24
Q

Type of
Company that the capital is Contributed by partners

A

General Partnership

25
Type of Company a business entity created by two or more co-owners with protection
Limited Liability Partnership
26
Type of Company that Strength through cooperation and provides protection to partners against debt and law suit liability
Limited Liability Partnership
27
Type of Company More difficult to establish and maintain and Subject to greater government regulation
Limited Liability Partnership
28
Type of Company that has an agreement between two or more organizations to participate in a business project
Joint Venture
29
Type of Company that cons is Diversified control could lead to unresponsive decision making and more difficult to establish and maintain
Joint Venture
30
Type of Company that capital is Contributed by the participating organizations
Joint Venture
31
Type of Company that a business entity with separate tax and legal life from shareholders
Corporations
32
Type of Company that Provide owners protection from debts and liabilities and sale of shares can attract large investments
Corporations
33
Type of Company that More government regulations and reporting rules
Corporations
34
Type of Company that Capital is from Sales of shares (stock) to stockholders
Corporations
35
Type of Company that a business entity democratically controlled by participating members
Cooperatives
36
Type of Company that Pools of resources to greater empower members and Members maintain democratic control
Cooperatives
37
Type of Company that Unattractive to outside investors and diversified control could lead to unresponsive decision making Sale of shares to members
Cooperatives
38
Type of Company that the capital is came from Sale of shares to members
Cooperatives
39
Is often the first step towards formalizing a joint venture or partnership agreement
Memorandum of understanding
40
It is a legal document that outlines which entities will be party to the agreement, their individual responsibilities and the intent of partnership
Memorandum of understanding
41