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Assignment on Interpretation Boards

   

Added on  2020-10-23

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Non-Public FundingDebt Financing-Funds can be generated with the help of getting those from lenders so that operational activities may be achieved in abetter way. Furthermore, indebtedness is found in raising finance from the creditors. This means that firm will have to payprincipal amount and interest as well. Thus, solvency position of business should be strong enough so that it may pay the amountwithin stipulated time frame. It is useful as it is not expensive form of raising finance. Hence, firm can use for attainingoperational tasks. Advantages-Cheaper source of financeNo control over the business operationsDisadvantages-Principal amount is to be paid along with accrued interestIn case of default, solvency position is affected.Interpretation BoardsThe interpretation boards are sign postsdisplaying information to passengers ortravellers visiting in the nation. It provides wayto explore sites and as such, more informationcan be gathered. The graphic design must beappropriate so that visitors may easily exploredestinations. Various capital projectsTourism Information Point (TIP)-TIP is an excellent point which resolves tourists issues up to a highextent. This means that queries related to destinations can be solved. It isessentially required as tourists does not about various destinations that areavailable in the city. The customer executives assist passengers in resolvingproblems and as such, they may roam in the town in effective manner. Thismeans that executives resolve problem so that customers may be provided withsolutions and they can explore tourist attractions in effective way.Equity finance-The finance is raised by issuing of shares to the public so that fundscan be produced in a better way. Shares can be sold to investors and funds canbe attained to do operational tasks. It is useful source as no obligation is raisedto pay to creditors as it is internal generated source of finance. Hence, firm caneffectively use equity finance as they do not have to pay amount to investorsinstead dividends are to be paid on profits made.AdvantagesNo obligation to repay funds Permanent finance to businessDisadvantagesControl is diluted as shareholders takes part in managementHigh cost of finance in comparison to debtSourcesNational Lottery Commission (NLC)-It is a useful source of finance which is fruitful totravel and tourism sector as it may be able to performoperational tasks in a better way. NLC provides protection tolottery players so that they may be able to play well andsafeguarded from any problems. It is essentially required whichinsists on playing fair game and full protection is provided tothem. Furthermore, underage players are prohibited to play sothat they may not land in difficulty. Hence, NLC ensures thatfinance is channelized in appropriate manner.European Social Fund (ESF)-The ESF is a useful source of obtaining fund. Mainaim of ESF is to impart career opportunities to the workers ofEuropean countries so that they may be able to work well.Local projects are funded by ESF which crucial part of travelbusiness is. Better career prospectus is provided to employeesto effectively strengthen European community. Hence, betterallocation of funds are made by ESF which provides goodopportunities to employees. Pedestrian FingerpostsThe pedestrian fingerposts are helpful forpedestrians who passes on the road. Network offingerposts will be beneficial for the visitors as stationsand car parks can be linked. This will help visitors todiscover the city.Integrated footpath development and improvementThe footpath development is required so thatpedestrians can walk away. Public can legally travel onit and improvement is required to be made. The capitalproject would require funds so that necessaryimprovement can be done.Sources and distribution of funds for capital projectsSmall-scale Tourism-SST is essentially needed so that such tourism may also attractpassengers and achieve higher profits. It implies that grants are provided toSST for their better upliftment to help them to earn profits quite effectually.Tourists may explore rural areas and as such, SST may also garner income.Hence, funds are given to tourism for enhancing overall sector.
Assignment on Interpretation Boards_1

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