Elucidate the ways of reducing negative environmental impact of tourism
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Positive socio-cultural impacts
There are number of benefits for the host community as a result of tourism. This includes economic benefits such as opportunities for local businesses which allows for increased trade among the increased number of visitors and then develops a variety of local businesses.
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Cost apportionment means the allotment of proportions of items of cost of cost centers or cost units. Cost Absorption: Cost absorption means allotment of overhead expenses to cost units. Overhead absorption is usually achieved by the use of one or a combination of overhead recovery rates.
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