expansion of Travel Agencies. Travel Agency is one of the service intensive industries and indispensible among the tourism business. But what is the specific role of travel agency in the hospitality industry and how does it affect the whole industry. Travel Agency is defined as a retail business selling travel-related products and services to customers on behalf of suppliers such as airlines‚ car rentals‚ cruise lines‚ hotels‚ sight-seeing tours and package holidays. When we say Travel Agency they
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------------------------------------------------- Executive Summary With the opening up of newer travel destinations and greater investments in tourism development‚ modern tourism has become a key driver for socio-economic progress through the creation of jobs‚ infrastructure development and foreign exchange earnings. As an internationally traded service‚ global cross-border tourism has become one of the major trade categories. Foreign Tourist Arrivals (FTAs) globally was at 935 mn in 2010 up
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Objectives of the studies * Methodology * Significance of the studies * Scope of the study * Chapterisation Chapter.2 Review of Travel Agency * Product of a Travel Agency * Activities of a Travel Agency * Department of a Travel Agency * Principles of a Travel Agency * Right and Duties of a Travel Agency Chapter.3 Profile of Madura Travels * Profile * History * Organization chart * Computer and Reservation system * International sector *
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WHAT EXTENT HAS THE INCREASED AVAILABILITY AND ACCESSIBILITY OF INTERNATIONAL TRAVEL HAD AN IMPACT ON MODERN SOCIETY? In the last thirty years different societies have experienced a considerable number of changes in customs‚ beliefs and communication methods‚ citizens from Asia‚ America and Europe were more attracted to international travel and destroyed the frontiers paradigm creating an interlinked world. Currently‚ some international institutions such as the European Union‚ the Organisation for
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[pic] We are using the percentage of sales approach to calculate EFN for Magna International Inc. The Income Statement: We start with the most recent Income Statement for year 2011 to forecast for year 2012. Magna has projected an increase in sales of 10% for the coming year‚ so we are anticipating a sales of $31‚622.80 in 2012 (see Appendix 1 & Appendix 3). To generate a Pro Forma Income Statement we assume that costs and expenses continue to run at the same percentage of sales as they
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Background to the Study In larger Corporate companies the expenditure budgeted for on business travel more often that not one of the largest expenses. It has been widely suggested that this expense is by and large controllable. The only way for this to be effective is for management to employ a travel policy which serves as a guide to all involved in the travel process. 1.2 The Purpose of the research The purpose of the research is to identify the areas where travel policies are not
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Higher Colleges of Technology Fujairah Women’s College Group Members: * Maryam Ali H00204121 * Fatima Abdullah Rashid H00205893 * Marwa Ali H00203336
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2.5.2. International cooperation and differences across countries. In 1883 in Paris was concluded the first international agreement in the sphere of industrial property right protection‚ which was named “Paris Convention for the Protection of Industrial Property” according to the website of World Intellectual Property Organization. Convention was covering almost everything in terms of industrial property: patents‚ utility models‚ trademarks‚ service marks‚ trade names‚ industrial designs‚ geographical
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|[pic] |[pic] | Centre Name : ROCvA Airport‚ International Business Studies Learner Name : ________________________________________ Learner Reg. No .: _______________________________________ Learner’s Declaration: I certify that the work submitted for this Assignment is my own. Learner: Signed: Date: Name of Assessor: ____________________________
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Task 1 Conduct desk research Consider the air travel industry’s environment‚ conduct research on the main forces in the macro environment facing air travel industry companies. Based on your research prepare a report. Your report should cover the following information a)Background of the research Industry Specific Metrics Aircraft Utilization: The most basic metric for an airline is aircraft utilization. This is a measure of the average number of hours that each aircraft is flying in each 24
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