Ecoforum Journal (University of Suceava, Romania)
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DESTINATION DELIGHTS: UNRAVELLING THE MEDIATING INFLUENCE OF ATTENDEES\u27 SATISFACTION IN UTTARAKHAND\u27S WEDDING WONDERLAND
No full textDestination weddings have become increasingly popular, offering couples a unique opportunity to exchange vows in exotic and picturesque locales. This study investigates the multifaceted dimensions of destination weddings in Uttarakhand, India, employing advanced statistical methodologies to analyze the factors influencing attendees\u27 satisfaction and future intentions. After providing 600 questionnaires to respondents who travelled to the state of Uttarakhand to enjoy a destination wedding, 429 viable responses were obtained overall. Utilizing IBM SPSS version 21 and AMOS 21.0, the research applies Structural Equation Modeling (SEM), and mediation and moderation analysis to discern differences in culinary experiences, scrutinize the proposed structural model, and explore the mediation and moderation effects. The study\u27s significance lies in its potential to inform destination wedding practices, offering insights for planners, hospitality professionals, and policymakers to enhance attendee experiences. The findings contribute to both academic understanding and practical applications in the dynamic landscape of destination weddings and experiential tourism
THE ROLE OF EU FUNDS ON BOOSTING LOCAL ECONOMIES IN SMALL TOWNS OF ROMANIA. ANALYSIS OF SMART CITY PROJECTS IMPLEMENTED IN SIRET TOWN, ROMANIA
No full textIn this study, we explore how EU funding can be a real injector in the local budget of small and medium-sized towns of Romania. Due to various obstacles encountered by local public administration entities in Romania when executing innovative projects with own budgets, EU funding seems to be the adequate response to the need of smart city solutions development. The primary aim of this research is to demonstrate that the town of Siret, among other local public administrations in Romania, exhibit a remarkable ambition to implement innovative investment projects based on a willingness to embrace smart and sustainable local development, strategic foresight, transparency, adaptability, and the ability to engage and integrate the needs of the entire community. Through an examination of various programming documents made available by the local public authority in Siret, we extract some key financial indicators that EU funding is essential in fostering innovation and the development of smart city initiatives
ROLE OF CULTURAL AND PSYCHOLOGICAL FACTORS IN SHAPING KERALA’S INTERNATIONAL TOURISM: EVIDENCES FROM THEMATIC ANALYSIS
No full textThematic analysis was conducted using transcripts derived from 28 in-depth stakeholder interviews conducted in the top four foreign tourist destinations in Kerala. The objective of this study was to analyse the cultural and psychological factors underlying the tourism destinations and international tourism of Kerala. It is expected to provide insights for enhancing the effectiveness of tourism regulation and management. It is observed that certain factors such as destination’s safety features, repeat visits, prevalence of culinary tourism and the cultural preferences of European tourists had a positive and widespread impact on tourism in Kerala. At the same time, certain behavioural issues such as poor waste management, noise pollution, and overcrowding, had a common negative effect on international tourism in Kerala. Additionally, instances of cheating and misbehaviour against foreign tourists in these destinations have tarnished the overall visitor experience and negatively impacted arrivals. In summary, our qualitative analysis sheds light on the intricate relationship between cultural and psychological factors and their influence on international tourism in Kerala.
Unveiling Sustainable Tourism Behaviour and Future Marketing Direction for Wellness Tourism in Kangra Valley Of Himachal Pradesh, India
No full textThis study explores the sustainable tourism behaviour of wellness tourists in the Kangra Valley, Himachal Pradesh, examining how demographic factors influence these practices. By focusing on wellness activities such as yoga, meditation, and spa treatments, the research aims to uncover patterns in eco-friendly and socially responsible behaviour among tourists visiting this region. Data analysis was conducted using descriptive statistics and Pearson\u27s correlation to explore the relationships between demographic factors and sustainable tourism behaviour. The findings reveal significant relationships between certain demographic factors and sustainable tourism behaviours. Younger tourists (aged 20-30) are more inclined to engage in environmentally and socially responsible practices. Education level and income also show correlations, albeit weak, with sustainable behaviour such as supporting the local economy and respecting cultural values. The analysis highlights that wellness tourists exhibit diverse sustainable practices, which are influenced by their demographic profiles
INTEGRATIVE TOOLS FOR MEASURING THE PERFORMANCE OF FIRMS IN THE TOURISM SECTOR. DESCRIPTIVE AND BIBLIOMETRIC ANALYSIS
No full textIn recent years firms in the tourism sector have invested heavily in the implementation of performance measurement systems, even though the implementation and maintenance of such a system is costly, and firms in this sector need modern and efficient tools for measuring, monitoring, assessing and judging the results that characterize the performance of the activity carried out. In addition to the financial performance of firms, highlighted by the information in the financial reporting and the management accounting information in the internal reporting to managers, non-financial information is also relevant, providing managers with a variety of information to help them in their planning, control and decision-making activities so that objectives are achieved. Based on these considerations, the main objective of the paper is, on the one hand, to present the theoretical aspects of firm performance, both financial and non-financial, with the conceptual rendering of the balance scorecard (BSC) tool, which inspires decision makers through the perspectives presented, on the other hand, a descriptive and bibliometric analysis of the importance and use of the BSC tool in firms from the tourism sector, thus revealing the multidimensional nature of performance and the usefulness of this integrative tool
Beyond the Dichotomy of Business Versus its Environment: Internal Transcendence and External Assimilation
No full textThe traditional dichotomic view of internal and external factors influencing businesses has long been a cornerstone of strategic management frameworks. However, this static view fails to capture the dynamic and reciprocal nature of modern business-environment interactions. This article introduces the Dynamics of Business-Environment Exchange (DBEE) framework, which moves beyond the conventional internal-external divide by acknowledging two additional categories: Internal Forces Acting Externally (IFAE) and External Forces Acting Internally (EFAI). The IFAE concept recognizes that businesses can leverage internal resources to shape and influence the external environment, while EFAI acknowledges that external changes can permeate and influence internal operations, fostering adaptability and resilience. By considering the reciprocal influence between businesses and their surroundings, the DBEE framework provides a more comprehensive understanding of the intricate interplay between organizations and their environments. This article explores the relevance of the DBEE framework in strategic planning, decision-making, and risk management. It challenges readers to reconsider the traditional perception of business-environment interactions, offering a paradigm shift that redefines business strategy in an increasingly complex and dynamic landscape
ECONOMIC AND TECHNOLOGICAL DRIVERS OF CENTRAL BANK DIGITAL CURRENCY DEVELOPMENT: A CROSS – COUNTRY ANALYSIS AND FUTURE DIRECTIONS OF DIGITAL MONEY
No full textIn response to technological advancements and the decreasing use of physical currency, an increasing number of central banks are exploring the feasibility of central bank digital currencies as an alternative to traditional cash. This research study investigates the relationship between economic and technological factors and their impact on the development of central bank digital currencies in different countries. While previous studies have explored the effects of fixed broadband subscriptions and financial development, this study breaks new ground by analyzing the correlation between high-tech exports and the advancement of central bank digital currencies utilizing multiple regression analysis. Research findings indicate a positive correlation between fixed broadband subscriptions, high-tech exports, and financial development, with financial development being the most influential factor. This study provides valuable insights into the economic and technological factors driving central bank digital currencies projects. However, it underscores the need for further research to examine the barriers and risks associated with CBDC implementation
THE ROLE OF EDUCATION AND INVESTMENT IN EDUCATION ON THE LABOR MARKET INSERTION OF RECENT GRADUATES
No full textThe issue of the insertion of graduates into the labor market remains a priority for decision-makers in international higher education. These concerns have received increased attention in the current climate of uncertainty in the labor market. Policymakers continue to emphasize the importance of \u27employability skills\u27 so that graduates are fully prepared to meet the challenges of the ever-changing labor market. This paper reviews some of the key empirical and conceptual themes in the field of labor market placement of higher education graduates over the last decade and attempts to demonstrate the role of educational attainment and investment in education on labor market placement. With the help of econometric modelling, we tried to highlight the influence on the insertion on the labor market of the level of graduated studies, the financing given to education and public investments in the education system
PARTICULARITIES OF MANAGEMENT ACCOUNTING IN ECONOMIC ENTITIES THAT OPERATE IN TRADE
No full textIn today\u27s globalised and competitive economy, the use of management accounting information in the management of economic entities is an urgent necessity, with cost control being a desideratum to be pursued by managers at all levels. This research is intended to contribute to the improvement of management accounting in economic entities that operate in trade. Starting from the current Romanian accounting rules regarding the organisation of management accounting, norms that focus mainly on the production activity, the objective of the paper is to develop a methodology for calculating and analyzing costs and results by responsibility centers, applicable in trade. Also, taking into account the standard model of management accounts in class 9 of the Romanian General Chart of Accounts and the specific nature of the activity of selling goods, the research continues with the proposal of a model of accounts adapted to this activity and with examples of accounting entries that can be used in the organisation of management accounting and that bring added value to economic entities operating in trade through the information provided in the decision-making process
ASSESSING THE IMPACTS OF CLIMATE CHANGE ON NATURE-BASED TOURISM: A STUDY BASED ON THE WESTERN INDIAN HIMALAYAN REGION
No full textThe impacts of climate change on nature-based tourism in the Indian Himalayan region can be significant and multifaceted, such as changes in weather patterns, biodiversity, water bodies or water availability, infrastructure, or services, and even changes in cultural and social patterns. Eventually, the impacts of climate change on nature-based tourism in the western Indian Himalayan terrain are projected to be substantial and complex. Hence, in this research work, we explored the consequences of climate change on nature-based tourism in the Western Indian Himalayan Region (W-IHR). This research study adopts a quantitative approach, using the survey technique, to assess the impacts of climate change on nature-based tourism. We used simple random sampling and selected 264 respondents as our study sample. The statistical analysis, i.e., multiple linear regression, was employed to test the study hypothesis to reach a conclusion. According to the findings, climate change has had a negative impact on nature-based tourism. Finally, this research stated that climate change impacts nature-based tourism by degrading the nature-based tourism resource base in the Western Indian Himalayan Region (W-IHR). Due to this alteration and degradation, tourism businesses such as tour operation agencies, hotels, restaurants, etc. would also be affected by increased risks