Greenland’s Arctic Paradise is the world’s largest most protected natural park, and it is a home to an incredible range of game animals and many spectacular sceneries. In an expedition cruise, one can experience the untouched natural environment and observe giant walruses with powerful tusks as well as the polar bear, which is the most famous predator on earth. To visit this game reserve, one must acquire a permit from the Ministry of Nature and Environment. In essence, this natural resource has various economic benefits to Greenland because visitors have to get permits to access the park. ...
Essays on Cruises
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The Need for A Vacation
According to Gump & Matthews (2000) and Hartig et al. (2013), the growing demands that people endure from their daily jobs to other responsibilities, there is very little time for them to fully recover. As such, workers tend to suffer from accidents, distress, illness and other issues. The costs associated with restoration that is insufficient is rather on the high side in both the short term as far as well as in the long term. Employers are continually seeking ways to improve the lives of their employees by mitigating the problems related to overwork and the like. These provisions that ...
Introduction
As one of the fastest growing markets within the leisure industry, cruise tourism bridges the gaps between exploration and comfort, providing an alternative way for individuals to envisage the world around them. Due to its increase in popularity, the cruise industry has had to adapt to trends in consumer needs; balancing luxury, exploration and expectation in order to create a unified package that can compete with rival companies within the cruise industry. Focusing on the Viking cruise company specifically, this case study shall illustrate how companies within the cruise industry perform when adapting to pressures and demands by consumers ...
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The Empire Cruises is a private New York based cruise business, which offers public dinner cruise and private event charters. Major services of Empire Cruises include Birthday Cruise, Prom Cruise, Graduation Cruise, Anniversary Cruise, Sweet 16 Cruise, Cocktail Cruise, Lunch Cruise, Holiday Cruise, and Cruise Rental. It was established in 2010 and owns the city’s most popular event yachts that aim at offering the best cruise experiences at special events. The fleet of Empire Cruises is comprised of five incredible yachts namely Lucille, Jacana, Harbor Lights, Nautical Empress, and Liberty Belle. The deluxe experience offered by the Empire ...
Industry Overview
Senegal is a West African country located along the Atlantic Ocean coastline. Its neighboring countries include Mauritania, Guinea-Bissau, Mali, guinea, and Gambia. The terrain of Senegal is generally low and flat, with rolling plains that rise to the foothills located in the southeast. Senegal covers an area of about 196,722 square kilometers, with a coastline stretching to about 531 km (Global Edge, 2015). By 2014, the population of the country stood at 14.7 million, with an annual growth rate of 3.126% (Global Edge, 2015). About 43% of this population stays in the urban centers. Senegal is one of ...
2013 Adventure Lane
St. Paul, Minnesota 55107
48211 North Central Place
Detroit, Michigan 48207
Dear Mrs. Smithson, I would like to thank you for your e-mail and interest in the Sunbright Travel Agency’s services. Taking a cruise is one of the best vacation options in the summer and in this letter I would like to offer a cruise that will be right for you and your daughter. Because you live in Detroit, I would suggest looking for the cruises which start in the destinations that are relatively close to you. The Royal Caribbean Company, which is one of the best companies in cruising, offers the ...
Finance
Treasury Risk Management (a) (a.1)
The forward rate is:
Forward rate = 1.4010 + 0.095 Forward rate = 1.4105 Payment in six months: 8.5 million euros. Payment in GBP = 6,03 million GBP (a.2) 8.5 million EUR are 85000 options paid: Call: 1.2 * 85000 = 102000 GBP in paid premium Put: 1 * 85000 = 85000 GBP in paid premium Both strike options are different from the two values of currency exchange 1.37 EUR/GBP and 1.43 EUR/GBP. The results will be: 8,5 million EUR / 1.42 = 5,985,915.49 GBP – 102000 GBP = 5,883,915.00 GBP 8,5 million EUR / 1.4180 = 5,994,358.00 GBP – 85000 GBP = ...
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