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Factors Which Influence The Profitability, An Important Quality Synthetic Indicator Of The Companies From Tourism

Author

Listed:
  • SANDA GHEORGHE GABRIEL

    (FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, ROMANIA)

  • ENEA CONSTANTA

    (FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, ROMANIA)

Abstract

The tourist activity is numbered among those phenomena which have been imposed globally, the special development of it being one of the characteristic features of our century, and especially of the second half of it. The goal of any travel company is to obtain profit, performing economic activities in terms of economic profitability. We can talk about the profitability of an activity when the effects are of the nature of the net income, profit. We can speak of efficiency when the effects are of the nature of economies. The concept of profitability must be delimited as economic and theoretical concept, which involves the capacity of a system to produce useful economic effects and measure profitability which is carried out by comparing the effects with the effort[1]. The purpose of the use of profitability varies according to the organizational levels of the economy, interests which pursue the place where the action takes place. Given the evolution of the global tourism, tourism activity is among the few large-scale phenomena, which are essential for the welfare of each of us. Any travel agency, in order to be profitable, it must have an effective manager to manage all resources, human, financial and material in order to obtain a result at least lucrative, with which you can develop your business and thrive on the tourist market. The research on tourism phenomenon integrates a broad thematic area, from defining its place in the development strategy to highlighting the determinants, the development fluctuations and the manifestation forms of coordinates and market mechanisms and evaluating its impact on economic, social, cultural, environmental and political area.

Suggested Citation

  • Sanda Gheorghe Gabriel & Enea Constanta, 2014. "Factors Which Influence The Profitability, An Important Quality Synthetic Indicator Of The Companies From Tourism," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 191-198, August.
  • Handle: RePEc:cbu:jrnlec:y:2014:v:4:p:191-198
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