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Analyzing Tourism Industry Research Papers

   

Added on  2021-04-17

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Running head: LITERATURE REVIEWTourism/Event Experience and Mainland China Name of the Student:Name of the University:Author note:
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1LITERATURE REVIEWTable of ContentsIntroduction......................................................................................................................................2Discussion........................................................................................................................................2Critical importance of research for superior business performance............................................2Analysis of a business situation and formulation of a research problem....................................5Factors facilitating business decision making.............................................................................8Conclusion.......................................................................................................................................9References......................................................................................................................................10
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2LITERATURE REVIEWIntroductionThe tourism or event experience and Mainland China is the thesis statement of thefollowing literature review. The purpose of selection of this topic was to highlight the differentaspects of tourist or event experience in Mainland China and how those are affecting thebusiness performances. Tourism or an event creates a good opportunity for not only newbusinesses, but also creates scope for the existing businesses (Arlt, 2013). Tourism contributes ahuge amount of revenue in the GDP of a country and hence, it has an importance in the portfolioof a nation (Kwek & Lee, 2013). Overtime, as the technology has advanced and the general levelof income of people has increased significantly across the world, the incidence of global tourismor international events has increased multiple times rapidly. Mainland China is also no exceptionin this regard. Over the years, there is an increasing trend of tourism and international events inthe Mainland China and the business sector has gained from this trend. The increasing number ofinternational tourists has contributed in the growth of the tourism sector and on the other hand,there is increase in the business opportunities and improvement in the amenities, which in turnhelped to draw more visitors from different countries (Xin, Tribe & Chambers, 2013). Throughthe literature review, the importance for research for a superior business performance byanalyzing a business situation and formulating problem statement and interpreting the findingsfor the business decision making will be addressed.
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3LITERATURE REVIEWDiscussionCritical importance of research for superior business performanceMainland China, also known as the Chinese Mainland, is the geographical region underthe jurisdiction of the People’s Republic of China (PRC). It includes the Hainan Island but notthe administrative region of Macao and Hong Kong. Tourism is an important sector in thisregion, contributing significantly in the economic growth. There are many important tourist spotsin the mainland China, Beijing being the first spot in the list. It captured the first place in the listof Best Tourist City 2017 in the Chinese mainland and followed by Chongqing, the mountainouscity in Southwest China and Shanghai, the economic capital of the country (Chinadaily.com.cn.,2017).Number of domestic and international visitors, income generated from the internationaltourism, contribution of the tourism in the growth of the local economy, relevant amenities andfacilities and the traffic conditions are the factors contributing in giving the ranking to the touristspots (Jin, Weber & Bauer, 2012).Tourism and international events provide immense opportunities for business to aneconomy. As there is a rapid increase in the tourism in mainland China in the past few years, thetourism sector grew too. Many factors work together to bring a superior work performance of abusiness. Those factors are namely, business strategy, execution of the strategy, work culture,structure of the organization, talent, innovation, leadership, mergers and acquisitions and thepartnerships (Song & Hsu, 2013). All of these factors contribute significantly in making abusiness perform in the most superior way. Research work is extremely important for the growth of any organization. Manyorganizations have a separate Research and Development (R&D) department to cater to the
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