Many scientists have rendered the orange-colored toad extinct in the past years. Some connect this extinction to the volcanic eruptions, habitat destruction, and depletion of the ozone layer, chemical pollution, warming El Nino currents and winds or diseases caused by single-celled protozoan (Honey 12)
I will design and conduct field research on various topics of immediate relevance to locals and propose alternative approaches aimed at sustainable development. This will help in addressing challenges to conservation goals (Fennell 22)
Costa Rica's remarkable biodiversity provides a base for nature-based tourism. The diverse landscape, coffee farms, agricultural fields, stunning beaches, mosaic forests, and pastures offer tourists and tourists alike a natural haven for exploration of tropical biodiversity, rich culture, and good food (Klak 25)
(Egan, 2001). Many view ecotourism as a viable way to protect the natural environment and create social and economic benefits for local communities (Buchsbaum, 2004)
Ecotourism is the fastest growing sector of the tourism industry with an average annual growth rate of 20 to 30%. (Egan, 2001)
Ecotourism Defined Although there are several competing definitions of ecotourism, a commonly accepted explanation is it is "purposeful travel to natural areas to understand the culture and natural history of the environment; taking care not to alter the integrity of the ecosystem; producing economic opportunities that make the conservation of natural resources beneficial to local people." (Garen, 2000)
The main reason Costa Rica has become such a popular destination for ecotourism is because it has an excellent national parks, a stable democratic government with no army, a pleasant climate, and friendly people (Buchsbaum, 2004). It also has one of the highest standards of living, the best public health care system, the best public education through the University level, and the highest literacy rate in Latin America (Honey, 1999)
The governments relaxed attitude towards foreign investors and logging companies is also not encouraging sustainability (Buchsbaum, 2004). Foreign money has not helped the local economy as much as anticipated because a large amount of money leaks out of the local communities to pay tour operators, to import products that appeal to foreign tourists, and to pay for tickets on foreign owned airlines (Lindsey, 2003)
IV. Ecotourism in Cuba In contrast to the large amount of foreign investment encouraged by the government in Costa Rica, the Cuban government maintains an active role in its tourism industry by owning, running, and regulating many of the tourism-based businesses including resort hotels (Stewart, 2006)
Coupled with a lack of commitment, conservation efforts result in development beyond sustainable levels (Buchsbaum, 2004). Another negative impact of ecotourism is that it can lead to an increase in the cost of living for local people (Wearing, 2001)
After establishing export operations in these three markets, the company plans to tap the potential of Latin American countries. It has been observed that usually the MNCs fail to tap the real business potential of emerging economies by not understanding the markets properly (Dawar & Chattopadhyay, 2002)
Further, the company has kept the product name as an extension of company's brand name. Keeping a generic brand name of our company as Pharma Plus will help in product line extensions (Kohli, Harich & Leuthesser, 2005)
IV- Emerging markets entry Trade in health services has increased manifold during past one decade. There are four main entry modes for the healthcare firms such as foreign direct investment through facility development, cross-border supply of product/services through exports, consumption of services abroad, and movement of health professionals across borders (Smith, Chanda & Tangcharoensathien, 2009)
For long, the nation has remained a peculiar case. Several other Latin American nations are continuing to primarily export primary commodities and natural resources, but the small Costa Rican republic has created an advanced industrial sector, whilst simultaneously progressing up the supply chain at the global level (Kahlke 32) A great share of Costa Rica's progress comes from FDI
For instance, it is the second most prosperous Latin American nation with respect to cumulative growth of output (Purchasing Power Parity) in 30 years since 1980; it also ranks first in proportional extreme poverty rate reduction. The country's progress may be attributed chiefly to its performance in investment and trade (Trejos 1)