CAPITAL STRUCTURE
Capital structure refers to the mix of a firm's capitalization, including debt, preference share capital, equity share capital, and retained earnings. Choosing the right components of capital is crucial based on the organization's function and risk level. Different patterns/forms of capital structur
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Theories of Capital Structure and their Applications
The theories of capital structure explore the relationship between debt and equity in a firm's financing decisions. By optimizing the mix of debt and equity, a company can minimize its cost of capital and maximize its value. The Net Income Approach highlights the benefits of using debt to lower the
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Factors Influencing Economic Growth: Human Capital and Capital Goods
Factors such as investment in human capital, capital goods, natural resources, and entrepreneurship play a crucial role in determining a country's economic growth. Human capital encompasses the skills and abilities of workers, while capital goods are the tools and equipment used to produce goods and
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Sustainable Tourism Workforce Development by Hellenic Ministry of Tourism
The Hellenic Ministry of Tourism in Greece focuses on developing an educated and skilled workforce for sustainable tourism through its Directorate of Tourism Education and Training. The Ministry emphasizes tourism education and vocational training, offering programs such as Higher Education in Advan
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Community-Based Tourism Toolkit for Caribbean MSMEs
Developed by Compete Caribbean and the Caribbean Tourism Organization, this toolkit aims to enhance the capacity of Caribbean MSMEs to establish, operate, and promote community-based tourism experiences. The toolkit includes tools for inventory, diagnostics, profiling, and a comprehensive enterprise
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Community-Based Tourism Toolkit for Caribbean MSMEs
Developed by Compete Caribbean Partnership Facility and the Caribbean Tourism Organization, the Community-Based Tourism Toolkit aims to build the capacity of MSMEs in the Caribbean to successfully start, operate, and market community-based tourism experiences. The toolkit includes tools such as the
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Mutual Capital Investment Fund: Addressing Capital Needs in the Insurance Community
Mutual Capital Investment Fund, LLC, aims to provide capital to mutual insurance companies facing capital needs without converting to stock form or selling minority interests. Led by Mutual Capital Group, the Fund seeks commitments up to $100 million and offers a unique investment opportunity for mu
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Tourism Sector Recovery Plan for FY2021/2022
The Tourism Sector Recovery Plan for FY2021/2022 focuses on implementing strategic interventions to revive the tourism sector in South Africa following the impact of COVID-19. Key priorities include implementing biosecurity standards, stimulating domestic demand, mobilizing resources, protecting inf
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Understanding Different Types of Tourism
Explore the various types of tourism, including Domestic Tourism, International Tourism, Inbound and Outbound Tourism, Social Tourism, Cultural Tourism, and Religious Tourism. Each type offers a unique experience catering to different preferences and interests, from exploring local cultures to embar
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Insights into Travel Patterns and Tourism Trends
Explore international and regional travel trends such as visitor arrivals, tourism receipts, and top destinations. Understand the significance of tourism growth, both domestic and international, and learn about the world's top tourism destinations and expenditures. Delve into topics like tourism sur
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Global Travel Trends and Insights
Understanding international and regional travel patterns and trends is crucial for the future planning and marketing of touristic destinations. This includes analyzing visitor arrivals, tourism receipts, top destinations, and the balance between domestic and international tourism. The World Tourism
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Features of an Appropriate Capital Structure and Optimum Capital Structure
While developing a suitable capital structure, the financial manager aims to maximize the long-term market price of equity shares. An appropriate capital structure should focus on maximizing returns to shareholders, minimizing financial insolvency risk, maintaining flexibility, ensuring the company
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Hospitality & Tourism Management Program at COM-FSM: Overview and Opportunities
The Hospitality & Tourism Management (HTM) program at COM-FSM provides students with essential skills for careers in various sectors of the tourism industry. Through a range of courses and practical experiences, students learn about international hospitality, sustainable tourism, and specific indust
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Understanding Risk, Cost of Capital, and Capital Budgeting in Corporate Finance
Explore the concepts of risk, cost of capital, and capital budgeting in corporate finance, including the Capital Asset Pricing Model (CAPM), cost of equity, beta estimation, and cost of capital. Learn how to reduce the cost of capital and understand the impact of reducing the Weighted Average Cost o
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Understanding Tourism Branding in Small Businesses
Enhance your knowledge of branding in tourism marketing, including brand identity, positioning, and image. Discover the importance of standing out in a competitive tourism market and learn about the co-creative process of developing a strong brand. Explore the main aims of branding and the three key
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Sustainable Tourism Resources and Management
This text delves into the concept of sustainable tourism, emphasizing the importance of maintaining a balance between environmental protection, cultural integrity, and economic benefits. It discusses various tourism resources such as natural and cultural attractions, infrastructure, and support serv
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Understanding the Classification and Importance of Capital in Business
Capital is crucial for businesses, whether for promotion, functioning, growth, or expansion. It can be classified as promotional, long-term, short-term, or development capital. Factors influencing capital requirements include business activity, size, product nature, technology, business cycle, and l
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Capital Gains and Assets Overview in Income Tax Law and Accounts
This content provides an overview of capital gains and assets in income tax law and accounts, covering topics such as types of capital assets, assets not considered capital assets, kinds of capital assets (short-term and long-term), transfer year of chargeability, computation of capital gains, and c
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Strategic Management in Tourism: Current Trends and Future Perspectives
This content delves into the strategic management aspects of tourism, focusing on projected growth, determinants of tourism growth, challenges in lesser developed countries, and policies for destination competitiveness. It discusses the projected increase in international tourist arrivals, drivers o
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DEPARTMENT OF TOURISM - TOURISM EQUITY FUND (TEF)
The Tourism Equity Fund (TEF) is an equity acquisition fund managed by sefa on behalf of the Department of Tourism, intended to promote black participation in the tourism industry. With a capitalization of R540 million over three years, the fund aims to support majority black-owned tourism enterpris
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Overview of Tourism Equity Fund (TEF) Objectives & Focus
The Tourism Equity Fund (TEF) is an equity acquisition fund managed by sefa on behalf of the Department of Tourism. It aims to promote black enterprise participation in the tourism industry by providing capital injection for acquisitions and de-risking funding for majority black-owned tourism enterp
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Fiscal Year 2022 Capital Budget Presentation Overview
In the presentation to the Board of Finance, the Capital Committee outlines the Fiscal Year 2022 draft capital budget, emphasizing the importance of the Capital Improvement Program and the history of the capital program investments. The proposed budget addresses the critical need for reinvestment in
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Tourism Information Technology: Evolving Synergies for Strategic Applications
Delve into the world of tourism information technology with a focus on key concepts, definitions, characteristics of tourism services, applications of IT in the tourism industry, and typologies of information at different stages of a trip. Explore the evolution of information technology and its stra
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Role of Aviation in Tourism Liberalisation and Development
Explore the significance of aviation in tourism liberalisation through insights on the International Transport Forum, tourism impact on GDP, employment, and exports, tourists' preferences for freedom in air travel, and a comparison of aviation with other tourism services. The content delves into the
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Understanding Outbound Tourism: Statistics and Characteristics
Outbound tourism involves residents traveling outside their home country for various purposes. This type of tourism is crucial for understanding the flow of visitors and their characteristics. The classification of outbound travelers varies from business and professional trips to holiday and leisure
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Development of Methodologically Robust Agricultural Capital Stock Statistics by FAO
In November 2015, the Food and Agriculture Organization of the United Nations (FAO) initiated a project to enhance Agricultural Capital Stock statistics, focusing on inclusive and efficient agricultural and food systems. The project involves developing methodologies for measuring capital stock and m
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Estimating the Cost of Capital in Corporate Finance
Explore the process of estimating the cost of capital essential for discounted cash flows models in corporate finance. Learn how to determine the cost of debt, equity capital, and the Weighted Average Cost of Capital (WACC) by combining different sources of financing. Gain insights into capital stru
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Promoting Regional Trade and Agribusiness Development in the Pacific: Linking Fisheries to Tourism-Related Markets
Promoting regional trade and agribusiness development in the Pacific, focusing on linking fisheries to tourism-related markets in Fiji, Nadi in July 2015. The conference identifies challenges faced by Pacific Islands, highlights opportunities in agriculture and tourism sectors, and emphasizes the po
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World Tourism Day Celebration and Global Code of Ethics for Tourism
World Tourism Day, celebrated annually on 27th September, highlights the importance of tourism in fostering cultural understanding and promoting global unity. The event focuses on linking cultures through travel and recognizing the value of preserving diverse cultural heritage. The Global Code of Et
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Understanding Net Investment in Capital Assets and Its Importance
Net Investment in Capital Assets is a critical component of an entity's financial position, reflecting the value of capital assets owned. It represents the portion of the net position that is not spendable as it is invested in assets. Calculating Net Investment in Capital Assets involves subtracting
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Understanding Domestic Tourism Statistics and Surveys in Uganda
The tourism statistics sector in countries has seen significant developments, impacting statistical data related to the sector. Domestic tourism involves travel within a country for less than 12 months, excluding wage-related activities. Uganda's Bureau of Statistics conducts surveys to gather data
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Insights into the Tourism Industry
Tourism involves traveling to natural areas to study, admire, and enjoy scenery, wildlife, and cultural aspects. The growth of tourism in India has been significant with various initiatives to attract more foreign tourists and promote eco-tourism. Medical tourism is also on the rise, with travelers
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Sustainable Tourism Development in Falmouth, Jamaica
Falmouth, Jamaica, is a promising sustainable tourism destination with a strong focus on heritage tourism. The town's strategic initiatives aim to address environmental concerns, enhance local livelihoods, and leverage tourism for economic growth. With ongoing projects and stakeholder engagement, Fa
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Tourism Statistics Training Programme in Uganda
This content discusses the Tourism Statistics Training Programme in Uganda under the StatCaB Programme, focusing on developing Tourism Satellite Accounts (TSA). It covers indicator definitions, steps, data sources, methodology, best practices, challenges, and recommendations in creating accurate tou
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Understanding Venture Capital: Key Concepts and Regulations
Venture capital is a form of financing provided to startup companies with high growth potential. It involves high risk and requires a long-term horizon, often coming in various forms like equity, conditional loans, and participation in management. The process includes stages such as seed capital, ex
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Understanding Capital Adequacy Ratio (CAR) in Banking
Capital Adequacy Ratio (CAR) is a crucial metric in banking that measures a bank's capital against its risk. Also known as CRAR, it enhances depositor protection and financial system stability worldwide. The CAR formula involves dividing a bank's capital by its risk-weighted assets, comprising tier
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Understanding the Economic Impacts of Tourism
Tourism plays a crucial role in stimulating economic growth and development. By generating multiplier effects on the national economy, tourism directly and indirectly increases economic activity, income, employment, and demand for goods and services. Economic impact studies measure the net increase
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Department of Tourism Events Calendar 2017
The Department of Tourism's events calendar for 2017 includes various activities such as district tourism meetings, women in tourism events, workshops on sustainable tourism, business management training, and celebrations like World Tourism Day. The calendar spans from August to September and covers
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Understanding Domestic Tourism Statistics in Islamic Countries
Awareness of the economic significance of domestic tourism is on the rise, with its contribution often surpassing that of inbound tourism. This article explores the measurement and importance of domestic tourism, focusing on aspects such as types of visitors, internal tourism, and recommended guidel
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Impact of COVID-19 on Historical Tourism: Challenges & Opportunities
The impact of COVID-19 on historical tourism has been significant, posing challenges to the travel and tourism industry while also opening up new opportunities for adaptation and innovation. Historical tourism involves exploring the history and heritage of a place, encompassing cultural resources, t
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