Tourist attraction in Kathmandu

Tourism is the main economic source in Nepal.Its natural beauty , pleasant whether , historical places, pilgrim center, holly temples, rock climbing attracts many tourist from different countries. Kathmandu is the capital of Nepal it consists of three main cities of great historic and cultural interest Kathmandu, Lalitpur and Bhaktapur. There are many important and beautiful tourists places in Kathmandu.
The main tourist attraction in Kathmandu: Hanumandhoka: It has its own historic important. It is famous for its old Temples and Places epitomizes the religion and cultural life of the people.Kings of Nepal are crowned here. Other main interesting places are Taleju Temple, Kal Bhairav, Nautale Durbar, the statue of King Pratap Malla. The Jagannath Temple the Big Bell, Big Drum The Temple of Living Goddess 'Kumari' is the main attraction of here, it is situated in Hanumandhoka Palace.
Swayambhunat : this is one of the most glorious 2000 yrs old Buddha Temple. It is situated in about 77m. above the level of the Kathmandu.From here we can see whole view of Kathmandu .
National Museum:It is situated 3kms. west of Kathmandu. Museum has a unique collection of butterflied, birds, mammals, reptiles, verities of plants and fossils.
Pashupatinath Temple:It is the largest and famous temple of Lord Shiva situated 5km east of Kathmandu. It attracts the thousand of tourist in every year.
Bouddhnaath:This is one of the biggest ancient stupa is one of the World it lies 8kms east of Kathmandu.Other tourist attraction are national museum with splendid collection of weapons, artifacts from ancient medieval modern Nepal .Guheswari Temple: It is situated near Pashupatinath Temple only Hindus are allowed to enter here.

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ABOUT TOURISM

Tourism is an activity done by a individual or a group which leads to a motion from a place to another . It means to visit from a place to several places. It increases the knowledge of countries, cultures, society, history, religion etc. Tourism is a kind of industry has a direct impact on the national revenue for all touristic countries , it create work opportunities, industries and investment to serve and raise nations performance and cultures.
For a poor country tourism becomes the only option to developed the state to earn money. Tourism is a key sector of economy it include a wide variety of product and destination.
tourism industry s subjected to several hurdle . There are many industries which are closely associated with other industries offering services to the common people , like Hotels, lodging , service food and beverage industry. Industry dealing with Real Estate, finance, banking, insurance, whole-sale, retail market, warehousing, communication, transportation industry etc.
Tourism industry growth in any country prone to the changing economic condition. In the event when a country is passing through a low phase or an individual's job is at risk , not many people to choose to travel. People under these circumstances tent to settle for low budget restaurants, Hotels or opt for amusement parks and nearby places. The Ministry of Tourism adopts many policies to counteract hurdles and obstacles which come on the way the developed of tourism in a country. Policies adopted by ministry of tourism are aimed at enhancing services and tourism tools to attract as many tourists as possible. Every possible effort is made to set standards as per norms of the world tourism industry.

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ABOUT BUSINESS

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Toursim in Nepal

Tourism is one of the main economic source of Nepal. It is a largest industry in Nepal , main source of foriegn exchange and revenue. Nepal is the only Hindu Kingdom in the World. It is popularly known as the birth place of Lord Buddha,founder of Buddhism. which makes Nepal a sacred pilgrimage destination for Buddhists as well.There are many other pilgrim sites in Nepal as Swayambhunath Stupa, Buda nilkanth, Manakamna, Barah chetra, Pathivara, Gosaikunda, Halesi Mahadev, Janakpur, Swagadwari etc.The largest temple of God Shiva 'Pashupathinath' is the main attraction of tourism and pilgrimage.

The tourist industry in Nepal employs 42% of the total working population in Nepal. It is the main source of economic sustenance after agriculture about 50% people depend upon foreign tourists for their livelihood.

Nepal's weather is very predictable its pleasant weather also attract more tourist. There are four main climate in Nepal spring ,summer,autumn and winter. Spring and autumn ate the most pleasant weather.Nepal is one of the most fascinating countries in the World with its natural beauty rich cultural heritage, towering pagodas, Himalayan ranges. World's highest mountain " Mount Everest " is located here . Amongst World's ten highest peaks it contain eight.

Nepal Government has declared 2011 is Nepal Tourism Year. Hope it attract about one million foreign tourist to the country during this year.Tourism industry is seen as a way achieve greater social equity in the country. major tourist activities include wildness and adventure activities such as rock climbing , trekking paragliding., hot air ballooning, bird watching over the mountains of Himalaya.

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PRODUCTION

There are many types of businesses. But one generally correlates it with the primary profit-generating activity of production.
By production, we generally mean the act or process of making goods or services that has some economic value to the consumers or other producers. The production process is carried by employing various factors of production. Human labour and capital or machinery form the most basic of these factors of production.

However, in order that the production process runs smoothly and efficiently, there is a need for planning, implementation, and control of industrial production processes. Production management techniques are used in both manufacturing and service industries.

Production management responsibilities include the traditional “five M's”: men and women, machines, methods, materials, and money. Managers are expected to maintain an efficient production process with a workforce that can readily adapt to new equipment and schedules. They are responsible for managing both physical (raw) materials and information materials (paperwork or electronic documentation). Of their duties involving money, inventory control is the most important. This involves tracking all component parts, work in process, finished goods, packaging materials, and general supplies. Managers must also monitor operations to ensure that planned output levels, cost levels, and quality objectives are met.
This process of management can be broken down into three steps:

• First, management establishes a plan. This plan becomes the road map for what work is going to be done.

• Second, management allocates resources to implement the plan.

• Third, management measures the results to see how the end product compares with what was originally envisioned.

Most management failings can be attributed to insufficient effort occurring in one of these three areas.
Management also includes recording and storing facts and information for later use or for others within the organization. Management functions are not limited to managers and supervisors. Every member of the organization has some management and reporting functions as part of their job.

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INVESTMENT

In the setting up of any firm or business, investment is one of the pre-requisites. In layman’s terms, investment is putting money into something with the hope of profit. More specifically, investment is the commitment of money or capital to the purchase of financial instruments or other assets so as to gain profitable returns in the form of interest or income.

In the setting up of any firm or business, a certain minimum amount of capital (both monetary and physical) is required to initiate the process. Even after the business has been set up, investment is still required to negate the effects of depreciation and to add to the capital stock. In fact, investment in the form of money capital is required in any step that the firm might undertake.
The investment decision (or capital budgeting) is one of the fundamental decisions of business management: Managers determine the investment value of the assets that a business enterprise has within its control or possession. These assets may be physical (such as buildings or machinery), intangible (such as patents, software, goodwill), or financial (stocks, bonds). Assets are used to produce streams of revenue that often are associated with particular costs or outflows. All together, the manager must determine whether the net present value of the investment to the enterprise is positive using the marginal cost of capital that is associated with the particular area of business.

The investment decisions are crucial in influencing the firm’s growth in the long run. The effects of investment decisions extend into the future and have to be endured for a longer period than the consequences of the current operating expenditure. A firm’s decision to invest in long term assets has decisive influence on the rate and direction of its growth. A wrong decision can prove disastrous for the continued survival of the firm; unwanted or unprofitable expansion of assets will result in heavy operating costs to the firm. On the other hand, inadequate investment in assets would make it difficult for the firm to compete successfully and maintain its market share

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