Brief Answer Questions:
[10 × 1 = 10]Define environmental scanning.
Give two use of environmental analysis in strategic management.
Point out the two factors that reflect the socio-economic dimension.
Enlist any two methods of privatization.
Write down the objectives of prevailed tourism policy.
List out any two political risks associated to Nepalese business.
Enlist any two widely held attitudes in Nepalese Society.
Point out two energy management issues in Nepal.
Show a fundamentals difference in SAPTA and SAFTA.
What are the driving forces of globalization? Enlist.
Short Answer Questions:
[6 × 5 = 30]Define business environment. Describe the techniques of environmental analysis.
Explain major problems and challenges facing by Nepalese economy.
Define legal environment. Why is business firm interested to analyze legal environment?
Sketch the present level of use of technology in Nepalese business.
What is regional grouping of the nations? Explain the principles of BIMSTEC?
Show the relationship between class structure and classification to business in Nepal.
Comprehensive Answer Questions:
[4 × 5 = 20]Read the following case carefully and answer the questions given below:
The tourism industry is one of the cornerstones of the Nepalese economy. It is also a significant source of income and foreign exchange. Nepal is a popular destination for mountaineers, rock climbers, and adventure seekers because it is home to 8 of the 10 tallest mountains in the world. Since Mount Everest, the highest mountain peak in the world, is located in Nepal, adventure travel and ecotourism are popular tourist draws there. Other significant religious pilgrimage destinations can be found across the nation for devotees of many sects and religions. Since the 1950s, Nepal actively promoted tourism.
Arrivals of foreign tourists increased, from 9526 in 1964 to a record-breaking of over 1.1 million in 2018. In 2012, 598,204 visitors from abroad arrived in the nation by air. An average tourist's stay in Nepal lasts around 13 days In comparison to other months March, October, and November get the most visitors. One million foreign visitors to Nepal were targeted for that year, which the government of Nepal designated as Nepal Tourism Year. The tourism industry is considered as a way to combat poverty and promote social justice throughout the country. Nepal has been working hard to boost its market share in international travel. To that purpose, several marketing initiatives were started, including Visit Nepal 1998, Nepal Tourism Year 2011, and Visit Nepal 2020. Nepal aims to make a safe, excellent, and tourist-friendly travel destination; increase the contribution of tourism to the national economy through the diversification of tourist areas, products, and services; and equally distribute the benefits of tourism. Nepal started with the development of an environment that would promote tourism employment and the prompt rebuilding of cultural sites that were damaged in the 2015 earthquake. Currently, there are 226 homestay facilities, 625 basic tourist hotels, and 105-star hotels. 8 of the 105-star hotels are 5-star establishments. During peak season, 5-star hotel room occupancy typically ranges from 40 to 80 percent. Additionally, Nepal has 20 protected areas that make up 23 percent of its total geographical area. These include 10 national parks, 3 animal reserves, 6 conservation areas, and 1 hunting area. In the first six months of 2023, Nepal received more than 237,696 foreign visitors.
However, in recent decades, there have been several obstacles that have impeded Nepal's tourist industry's expansion. Further, tourism infrastructure, qualitative services, well-trained manpower, proper emergency, and general health services are important for the development of the tourism industry.
Questions:
a. Mention the issues raised in the case.
b. Assess the environment of tourism industry in Nepal based on case.
c. What are the prospects and challenges of the tourism industry in Nepal? Describe.
d. What suggestion would you provide to leverage Nepalese tourism industry? Explain.