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Meetings, Incentives, Conferencing, Exhibitions
Meetings, incentives, conferences and exhibitions tourism (MICE tourism) is a type of tourism in which large groups, usually planned well in advance, are brought together. Recently there has been an industry trend toward using the term "meetings industry" to avoid confusion from the acronym. Other industry educators are recommending the use of "events industry" to be an umbrella term for the vast scope of the meeting and events and profession. Most components of MICE are well understood from their names, perhaps with the exception of incentives. Incentive tourism is usually undertaken as a type of employee reward by a company or institution for targets met or exceeded, or a job well done. Unlike the other types of MICE tourism, incentive tourism is usually conducted purely for entertainment, rather than professional or education purposes. MICE events are usually centered on a theme or topic and are aimed at a professional, school, academic or trade organization or other special ...
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Closing Pannel At The Human Rights Conference At ΟΛΥΜΠΙΟΝ Hotel For 2024 Europride
Closing may refer to: Business and law * Closing (law), a closing argument, a summation * Closing (real estate), the final step in executing a real estate transaction * Closing (sales), the process of making a sale * Closing a business, the process by which an organization ceases operations Computing * Closing (morphology), in image processing * Finalize (optical discs), the optional last step in the authoring process * CLOSING, a TCP connection state Other uses * Closing a letter or e-mail (see valediction) * "Closing", a song by Enter Shikari from the album ''Take to the Skies'' See also * Closing argument * ''Closing Bell'', CNBC television programs * Closing credits * Closing statement (other) * Closing time (other) * Close (other) * Closed (other) Closed may refer to: Mathematics * Closure (mathematics), a set, along with operations, for which applying those operations on members always results in a member of the set * Closed set, ...
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Meeting
A meeting is when two or more people come together to discuss one or more topics, often in a formal or business setting, but meetings also occur in a variety of other environments. Meetings can be used as form of group decision-making. Definition A meeting refers to a gathering with a specific agenda and not just mere gathering of people casually talking to each other. Meetings may occur face-to-face or virtually, as mediated by communications technology, such as a telephone conference call, a skyped conference call or a videoconference. One Merriam-Webster dictionary defines a meeting as "an act or process of coming together" - for example "as ..an assembly for a common purpose ...Meeting – Definition and More from the Free Merriam-Webster Dictionary
(n.d.). Dictionary an ...
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Employee Reward
Compensation and benefits refer to remuneration provided by employers to employees for work performed. Compensation is the direct monetary payment received for work, commonly referred to as wages. It includes various financial forms such as salary, hourly wages, overtime pay, sign-on bonuses, merit and retention bonuses, commissions, incentive or performance-based pay, and restricted stock units (RSUs). Benefits refer to non-monetary rewards offered by employers, which supplement base pay and contribute to employee well-being and satisfaction. These benefits may include health insurance, income protection, retirement savings plans, paid time off (PTO), flexible work arrangements (remote, hybrid), health savings accounts (HSA), dependent care assistance, transit benefits, continuing education subsidies, childcare support, work-from-home stipends, meal reimbursements, and employee recognition programs. Benefits, often referred to as indirect compensation, are provided to employees ...
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Convention (meeting)
A convention (or event), in the sense of a meeting, is a gathering of individuals who meet at an arranged place and time in order to discuss or engage in some common interest. The most common conventions are based upon industry, profession, and fandom. Trade conventions typically focus on a particular industry or industry segment, and feature keynote speakers, vendor displays, and other information and activities of interest to the event organizers and attendees. Professional conventions focus on issues of concern along with advancements related to the profession. Such conventions are generally organized by societies or communities dedicated to promotion of the topic of interest. Fan conventions usually feature displays, shows, and sales based on pop culture and guest celebrities. Science fiction conventions traditionally partake of the nature of both professional conventions and fan conventions, with the balance varying from one to another. Conventions also exist for v ...
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Trade Exhibition
A trade show, also known as trade fair, trade exhibition, or trade exposition, is an exhibition organized so that companies in a specific Industry (economics), industry can showcase and demonstrate their latest Product (business), products and services, meet with industry partners and customers, study activities of competitors, and examine recent Market analysis#Market trends, market trends and market opportunity, opportunities. In contrast to consumer shows, only some trade shows are open to the public, while others can only be attended by company representatives (members of the trade, e.g. professionals) and members of the Mass media, press, therefore trade shows are classified as either "public" or "trade only". A few shows are hybrids of the two; one example is the Frankfurt Book Fair, which is trade only for its first three days and open to the general public on its final two days. They are held on a continuing basis in virtually all markets and normally attract companies fro ...
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Tourism
Tourism is travel for pleasure, and the Commerce, commercial activity of providing and supporting such travel. World Tourism Organization, UN Tourism defines tourism more generally, in terms which go "beyond the common perception of tourism as being limited to holiday activity only", as people "travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure and not less than 24 hours, business and other purposes". Tourism can be Domestic tourism, domestic (within the traveller's own country) or International tourism, international. International tourism has both incoming and outgoing implications on a country's balance of payments. Between the second half of 2008 and the end of 2009, tourism numbers declined due to a severe Economy, economic slowdown (see Great Recession) and the outbreak of the 2009 2009 flu pandemic, H1N1 influenza virus. These numbers, however, recovered until the COVID-19 pandemic put an abrupt end to th ...
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Marketing
Marketing is the act of acquiring, satisfying and retaining customers. It is one of the primary components of Business administration, business management and commerce. Marketing is usually conducted by the seller, typically a retailer or manufacturer. Products can be marketed to other businesses (B2B Marketing, B2B) or directly to consumers (B2C). Sometimes tasks are contracted to dedicated marketing firms, like a Media agency, media, market research, or advertising agency. Sometimes, a trade association or government agency (such as the Agricultural Marketing Service) advertises on behalf of an entire industry or locality, often a specific type of food (e.g. Got Milk?), food from a specific area, or a city or region as a tourism destination. Market orientations are philosophies concerning the factors that should go into market planning. The marketing mix, which outlines the specifics of the product and how it will be sold, including the channels that will be used to adverti ...
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Bidding
Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service ''or'' a demand that something be done. Bidding is used to determine the cost or value of something. Bidding can be performed by a person under influence of a product or service based on the context of the situation. In the context of auctions, financial transactions on international markets, or real estate, the price offer a business or individual is willing to pay is called a bid. In the context of corporate or government procurement initiatives. in Business and Law school students actively bid for high demand elective courses that have a maximum seat capacity though a course bidding process using pre allocated bidding points or e-bidding currency on course bidding systems. The price offer a business or individual is willing to sell is also called a bid. The term "bidding" is also used when placing a bet in card games. Bidding is used by various economic nich ...
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MICE In Thailand
The meetings, incentives, conferencing, exhibitions (MICE) industry in Thailand is one of the major branches of tourism in Thailand, contributing an estimated 0.58 percent to Thailand's GDP in 2012 (9.4% of all tourism earnings). Overview The number of tourists in the MICE sector is around three percent of the overall arrivals to Thailand each year. They are recognized as the most desirable category of visitors, mainly because of their high-spending potential. The average spending of tourists in this sector is three times higher than spending of tourists in other sectors. Thailand benefits from its geographic position between China and India and tops the ASEAN region in terms of exhibition spaces sold and for being the most profitable MICE market. In 2012, Thailand hosted more than 7,300 meeting events (a 6.84 percent increase from 2011), totaling 895,000 visitors. The main sources were conventions (33 percent), corporate meetings (25 percent) and incentive travel (24 percent), ...
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Conferences
A conference is a meeting, often lasting a few days, which is organized on a particular subject, or to bring together people who have a common interest. Conferences can be used as a form of group decision-making, although discussion, not always decisions, is the primary purpose of conferences. The term derives from the word ''confer''. History The first known use of "conference" appears in 1527, meaning "a meeting of two or more persons for discussing matters of common concern". It came from the word ''confer'', which means "to compare views or take counsel". However the idea of a conference far predates the word. Arguably, as long as there have been people, there have been meetings and discussions between people. Evidence of ancient forms of conference can be seen in archaeological ruins of common areas where people would gather to discuss shared interests such as "hunting plans, wartime activities, negotiations for peace or the organisation of tribal celebrations". Since ...
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Hospitality Management
Hospitality management may refer to: * Hotel management occupation, the practice of running hotels * Hospitality industry The hospitality industry is a broad category of fields within the service industry that includes lodging, food and beverage services, event planning, theme parks, travel agency, tourism, hotels, restaurants, nightclubs, and bars. Sector ... management positions * Hospitality management studies, the academic study of the running of hotels, restaurants, and travel and tourism-related business. See also * Hospitality (other) {{disambig ...
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