With the development of the world economy, the globalization of trade has become an irreversible trend. Business travel are more and more popular and becoming a big business.
The news of Business travel is big business on BBC News said that while travelers and companies tend to treat business travel as just an expense, new research shows that it’s actually a significant investment in the growth of individual businesses and the health of the global economy.
Normally, the cost of business travel is not concerned too much by customers. In another word, high price or low price do barely affect the number of business travel. The decision of traveling is depend on the business schedule or requirement. Furthermore, more tight business corporation, more business travel requirement is needed in the future. Business travel is not only relationship with airplane company, but also bounds a series business, such as taxi company or car renting company, hotel, restaurant, exhibition hall, shopping center and so on. It is nearly bounded all range of business. In the period of recession, business travel should be encouraged by government because it provides more job opportunity.
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References
Chris McGinnis. (2011, May 25). Business travel is big business. BBC News. Retrieved May 29, 2011 from http://www.bbc.com/travel/blog/20110523-business-travel-is-big-business
Sunday 29 May 2011
2 comments:
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Tina's post reminded me of something that I think is often forgotten in the heated debate that surrounds immigrants, in my own country, Thailand and many others: immigrants might take a few jobs from locals, but those same immigrants generate a lot of demand and therefore a lot more jobs for a lot more people as well as boosting an entire economy that is lucky enough to have the extra labour and value creation of immigrants who want to work.
ReplyDeleteI don't think it's an accident that nations such as the US, with relatively open and welcoming immigration policies, do better economically than nations that more actively restrict immigrants. And the US, Australia and others would do even better if the politicians did not listen so much to the prejudiced irrationality of many voters. Just because a policy is popular does not make it right, and certainly does not make it good for a nation - Thailand, for example, would now be a much wealthier nation if more foreign businesses could come in and if Thai citizens were free to sell their land at fairer prices because non-Thai people wanted to buy and develop it. There should of course be laws to prevent exploitation, but those laws should apply the same way to Thai people and non-Thai people. I am sure that most exploitation in most countries is done by citizens to their fellow citizens, and anti-foreign prejudice is a useful tool to enable this. (This touches on an argument that Pree and I briefly had a couple of weeks ago - Tina's post has provided a relevant opportunity for me to repeat it here for further discussion.)
I agree that business travel involves different economy sectors. For instance when one buyer comes to visit the factories of Thailand, it puts money into various sorts of companies such as transportation, hotels, restaurant industry, the retail industry among others. In addition All the international companies that are in Thailand also help to develop the Thailand economy.
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