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lesson 4 thc2
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1
Question
What is the primary reason for studying risk management in the tourism industry?
Page 3
Answer
To ensure guests and clientele feel secured and protected while enjoying the beauty of nature and the world of tourism.
2
Question
Why is it necessary for tourism businesses to have risk management plans?
Page 3
Answer
It is paramount for the management of this business to make a plan addressing the paramount concern of the guests and clientele.
3
Question
What is a hazard in the context of risk identification?
Page 5
Answer
somethng that could cause harm whle rsk s the tendency to cause somebody harm.
4
Question
Name the four main types of hazards discussed in risk management for tourism.
Page 5
Answer
1. Natural Hazards, 2. Civil Hazards, 3. Technological Hazards, 4. Biological Hazards.
5
Question
What defines a natural hazard?
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Answer
An extreme event that occurs naturally and causes harm to humans or things we care about, though usually the focus is on humans.
6
Question
When does a natural event become a natural disaster?
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Answer
When it escalates into causing significant amounts of harm that overwhelms the capacity of people to cope and respond.
7
Question
What is a typhoon classified as in risk management?
Page 7
Answer
A natural disaster risk that requires integrated management plans to reduce its impact on future disasters.
8
Question
What measures are necessary to mitigate typhoon risks in tourism areas?
Page 7
Answer
Improved construction standards and reconsideration of spatial planning and urban development strategies.
9
Question
Describe a volcanic eruption as a hazard in tourism.
Page 8
Answer
A natural hazard that could become a natural disaster if it would bring deaths and injuries to people and damages to property and infrastructures.
10
Question
What are civil or political hazards?
Page 9
Answer
Hazards brought about by corporations, and governments bought about by the political decisions may be considered as political hazards.
11
Question
How do civil hazards impact society?
Page 9
Answer
Civil hazards are caused by circumstances that could vastly affect the society as a whole.
12
Question
What is sex tourism and its risk in conservative countries?
Page 10
Answer
Though sex tourism is significant in boosting the tourism industry, it is not given much tolerance in a conservative country. Individuals or groups of individuals who would travel to another place would engage in sexual activities.
13
Question
What is westernization or cultural erosion as a hazard?
Page 11
Answer
This hazards arises when there is a cultural modification of an individual or group, or people by adapting the traits from another culture. Desires to make the foreigners feel at home leads to copying foreigners' culture at the locals' tend to copy foreigners' culture, causing a loss of Filipino identity.
14
Question
Why is a terrorist attack a significant hazard for tourism?
Page 12
Answer
Another hazard that has been receiving international attention because of its tendency of being present in highly touristic places. Media mileage that the different places could be highly attractive to terrorists.
15
Question
What defines a political risk?
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Answer
When there is political conditions and decisions arising from policies of the government losses would adapt on the TRAIN LAW imposing new taxes and declaration of the President to close Boracay Island for six months.
16
Question
What are some technologies that tourism and hospitality students need to know concerning political risks?
Page 14
Answer
1. trade barriers, 2. taxes are bread and butter of the government, 3. the legislation is the process of giving affect to a proposal or policy for everybody's observance, 4. administration, 5. the political instability of a countr could vastlt affect the tourism of a country.
17
Question
What are trade barriers as a political risk?
Page 15
Answer
Trade Barriers policies that would restrict international trade like customs, tariff, quotas and others barriers. There are cases wherein barriers are attributed to local politics or trade war between nations.
18
Question
How do taxes impact tourism businesses as a political risk?
Page 16
Answer
Taxes are the bread and butter of the government. Without taxes, the government cannot survive. Changes in the tax system could affect the business's profitability as it could be burdensome with the amount of investment and profit that they have.
19
Question
What is legislation as a form of political risk in tourism?
Page 17
Answer
The legislation is a proposal or policy for everybody's observance. National or local legislation which may affect the entire country or only a specific localities.
20
Question
Why is administration essential in managing political risks?
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Answer
Administration will be essential to manage the proper administration of any agencies for the effective and efficient service to the people.
21
Question
How does political instability affect tourism?
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Answer
Political instability in a country can greatly affect its tourism because other governments may issue travel advisories telling their citizens to avoid that destination. When this happens, tourists are less likely to visit the country.
22
Question
What are technological hazards in the context of tourism risks?
Page 20
Answer
Technological hazards could be treated as a hazard because it is an effect of the globalization of production and a certain level of risk processes connected with industrialization, production, processes, transportation and waste management.
23
Question
Define biological hazards.
Page 21
Answer
Biological hazards are dangerous substances that stance a biological threat to the health of the living organism, chiefly humans. It also known as biohazards. It humans include substances prejudicial to other animals. It may also include samples of microorganism, virus or toxin that can affect the health of human.
24
Question
What should a manager remember when making decisions about risks?
Page 22
Answer
A good risk manager does not an abrupt decision to solve a problem. Risk consequences whether positive or negative must be likelihood measured first through a combination of the enumerations given above. The risk impact including the perceived relevance, must be taken into account.
25
Question
What is inherent risk?
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Answer
Two (2) Essential Risk Concepts Inherent risk refers to the specific risk arising from a specific risk before any action is to be made by the risk manager.
26
Question
what is residential risk?
Page 23
Answer
Two (2) Essential Risk Concepts Exposure refers to the specific risk after the risk manager has made any action and in case such action has proven useful.
27
Question
Why is knowing the cause of an event essential in risk management?
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Answer
Knowing the cause or the reason behind the happening of an event is essential before a risk manager should make his decision.
28
Question
What are the key elements a risk manager must determine for potential impacts?
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Answer
Determining the areas of impact, the situations, and the possible occurrences of a risk is essential in understanding its consequences.
29
Question
What is the difference between preventive and contingency strategies in risk management?
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Answer
Preventive strategy is designed to lessen the possibility of risk impact before the risk becomes realized. Contingency on the other hand is designed to address the issue of risk at the time of the happening of the event.