A list of definitions that appear in the first chapter of F583 that need to be known.
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Created by Glenn Christmas
over 10 years ago
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Define 'leisure'
Define 'work'
Define 'earnings'
Who supplies leisure?
What could impact the demand for leisure?
Define 'tourism'
How have earnings in the UK fared over the last few years?
What is the trend in the UK unemployment rate at the moment?
What categories do we look to find employment/earnings trends in?
Define 'labour force participation ratio'
What three key facts differentiate public sector employees from private sector employees?
What should we think of when assessing the impact of economic factors on leisure industries?
Why is demand for leisure products disproportionately affected by changes in disposable income?
What is the one key trend that tourism operators are always looking towards?
What does tourism have an impact on economically?
Where do football teams earn their revenue?
How do football teams engage in price discrimination?
Define 'market concentration ratio'
