Q. The tourism industry is dependent on various factors like the location of the country, its culture and tradition, thesocial and political status etc. This dependency has resulted in some unique characteristics or features of theindustry. Which of the following are the characteristics of tourism industry?I. Stable location. II. Intangibility. III. Huge financial investments. IV. Stable demand. (Solved)

1. Both (I) and (III) above

2. Both (II) and (IV) above

3. (I), (II) and (III) above

4. (I), (III) and (IV) above

  • a. Both (I) and (III) above
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