Many
scholars perceive price competitiveness as a highly relevant element of tourism
competitiveness in improving tourism performance. We focused our research
interest specifically to understand whether price competitiveness is an
important policy instrument in attracting international tourists and their
spending. Our empirical study focused on how price competitiveness behaves as a
predictor of tourism performance in different economic conditions and whether
price competitiveness is a significant cause of tourism competitiveness in improving
tourism performance. For that purpose, we conducted empirical analysis within
two stages: moderation analysis to understand how price competitiveness influences
tourism performance from the point of view of inbound international tourism and
how this relationship behaves in different economic conditions; and mediation
analysis to understand whether price competitiveness is relevant cause for
tourist competitiveness in improving tourism performance. This study has
revealed different views about price competitiveness and its influence on the
tourism industry. The findings indicate that price competitiveness has rather
limited effects on the outcomes of the tourism industry and is not a cause of
overall tourism competitiveness in improving tourism performance.
The main determinant of the growth of Gulf Cooperation Council (GCC) countries is inward foreign direct investment stock (FDI). The paper shows the effects of economic growth, cost of living, Economic Freedom Indices, global oil price, and construction value-added on the inward foreign direct investment stock in GCC in the long term and short term for an unbalanced data period of study from 1996 to 2020(Bahrain, Kuwait, Oman, Saudi Arabia, and the United Arab Emirates) and Qatar from 1999 to 2020. We use the PMG ARDL model to have a long-run and short-run estimate between these variables in the gulf council region. Empirical results evidence positive correlation that economic growth and construction industry volumes and cost of living and economic freedom indices have an inverse relationship in long term on regional FDI stock. At the same time, results confirm that there is Cross-sectional dependence among these countries of GCC.
The aim of this study is to show how effective communication supports the organization and has a
positive impact on the outcome of any business. Study shows that the technology of organization develops employees communication and interpersonal skills. There is no success in the business without investing in communication development. In order to enhance their business, firms must learn
effective communication in order to communicate effectively with them. There are different types of
communication activity, starting from manager to staff etc. Research shows that the main obstacle in
the organization is misusing communication skills in the proper way. In order to escape the problems
in the organization leaders should be able to find a proper way to communicate effectively inside an
organization. Today, there is a new wave of globalization and different types of virtual communication become very popular making institutional communication very fast and effective. Having in
mind all this technological development in the organization, there is no technological tool that can
replace communication itself.
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