Green Tourism

In: Social Issues

Submitted By monas
Words 1875
Pages 8
Ways in which Management Accounting contributes to Green Tourism that can add value to A Country’s Tourism Industry.

Management accounting refers to the processes and techniques that focus on the effective and efficient use of organizational resources, to support managers in their tasks of enhancing both customer value and shareholder value. (Langfield Smith & Kim, 2009:6). Conversely, Green tourism describes basic tourism focused on visiting wildlife sites, historical heritage and sustainable tourism which does not damage the sites and communities being visited and a travel which is environmentally friendly. The undesirable state of the natural environment contaminated with harmful substances as consequences of human activities in regards to air, land and water is called Pollution. It is vital the tourism industry thrives being Fiji’s main income earner. To maximize the customer and shareholder value, it is imperative for Fiji to promote Green tourism which can be achieved by reducing pollution. Business firms need relevant and timely information regarding their level of waste disposal. Therefore, the management accounting techniques assist the managers develop strategies to curtail the impact of their business operations on the environment namely, pollution, which would in turn contribute to green tourism attracting more visitor arrivals whilst adding value to Fiji’s tourism.

The tourism sector is vital for Fiji’s economy as it provides employment, earned over $850 million in 2008 in foreign exchange and is Fiji’s main income earner. Sadly, the tourism sector in Fiji faces a large threat today. The tourism sector is hindered by the startling rate of pollution and degradation of natural environment decreasing customer value, and this poses a major threat to Fiji’s tourism industry. To maximize shareholder value, Fiji needs to promote green tourism by…...

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