Unit 2 - The Business of Travel and Tourism

A Distinction* worth of work marked by an examiner. The Business of Travel & Tourism includes P2 where I describe the organisational and financial characteristics of different types of travel and tourism organisations. Then, in P3 I review the methods and opportunities used by travel and tourism organisations to gain competitive advantage and achieve business aims by providing examples. In M1 I compare the organisational and financial characteristics of two organisations with different business...

Unit 2 - The Business of Travel and Tourism P1 - Describe the travel and tourism business environment, providing examples of organisations

MERIT 1 UNIT 2 the business of travel and tourism

Pearsons BTEC Level 3 Extended Diploma in Travel and Tourism - Unit 10 - Business Travel Operations P5, M2 - Achieved all criteria To achieve P5, learners should be presented with two different customer briefs allowing coverage of the specified content for selecting and costing business trips using both brochures and the internet. Client brief 1 must be for a short-haul business trip and include a minimum of two centres, eg Paris and London. The brief must allow learners to locate components fr...

Unit 2: The Business of Travel & Tourism P2: Describe the organisational and financial characteristics of different types of travel and tourism organisations P3: Review the methods and opportunities used by travel and tourism organisations to gain competitive advantage and achieve business aims, providing examples M1: Compare the organisational and financial characteristics of two organisations with different business structures, and the methods and opportunities they have used to gain competiti...

what is the industry term used to describe the sum of prices paid by a business's customers? -daily receipts -profit -profits less expenses -total revenues -total revenues historically, what concept have hospitality managers chiefly used to calculate their selling prices? -income -revenue -costs -profits -costs what is an algebraic equivalent of the formula: sales=costs+profit? -profit=sales-costs -costs=sales+profits -costs=profit-sales -prof...

Revenue Management Final Exam | Latest 2023 with complete solution What is the industry term used to describe the sum of prices paid by a business's customers? - Total Revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Profit = Sales - Costs What is the name for the net value achieved by both parties in a business transaction? - Profit What elem...

Travel and Tourism is an amazing course to learn and discover because it opens up a huge amount of opportunities for different people. It is important to me, as a student, to help and provide other students who need accurate, strong assignment work in order to push them to their highest potential. Here is my work for 'The Business of Travel and Tourism' : P1 P2 P3.

UNIT 2 the business of travel and tourism fact sheet

UNIT 2 the business of travel and tourism

Hospitality Revenue Management final exam review Question & Answers What is the industry term used to describe the sum of prices paid by a business's customers? - Correct answer total revenues" "Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Correct answer costs" "What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Correct answer profit=sales-costs" "What is the name for the net value achieved by b...

Revenue Management Final Exam | Latest 2023 with complete question and answer What is the industry term used to describe the sum of prices paid by a business's customers? - Total Revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Profit = Sales - Costs What is the name for the net value achieved by both parties in a business trans...

C 429 HEALTHCARE OPERATIONS MANAGEMENT WGU EXAM 180 REAL EXAM QUESTIONS AND ANSWERS COMPLETE VERSION The support staff of a large urgent care facility sees no career advancement opportunities within the organization. The organization knows it must identify other ways to increase job satisfaction or there will be high employee turnover. Which action can improve job satisfaction in this scenario? -Starting recognition programs -Conducting employee surveys -Providing autocratic leadershi...

C 429 HEALTHCARE OPERATIONS MANAGEMENT WGU EXAM 180 REAL EXAM QUESTIONS AND ANSWERS COMPLETE VERSION The support staff of a large urgent care facility sees no career advancement opportunities within the organization. The organization knows it must identify other ways to increase job satisfaction or there will be high employee turnover. Which action can improve job satisfaction in this scenario? -Starting recognition programs -Conducting employee surveys -Providing autocratic leadershi...

Certified Meeting Professional (CMP) Exam Questions and Answers Latest Updated 2024/2025 (100% Verified) Evaluation - ANSWER 1) Critiquing and rating the overall success of an event. 2) Developing an event profile from accurate event statistics. Objective - ANSWER Formalized statement of outcomes to be anticipated as a result of the educational process. Outsourcing - ANSWER Hiring an outside firm or individual to perform the task instead of using in-house staff; to subcontract a task or res...

CSET Spanish V Questions ACSET Spanish V Latino - ANS Denotes all persons living in the U.S. whose origins can be traced to the Spanish-speaking regions of Latin America, including the Caribbean, Mexico, Central America, and South America. Hispanic - ANS Created by the U.S. federal government in the early 1970s in an attempt to provide a common denominator to a large and highly diverse population with a connection to the Spanish Language. Considered a somewhat narrow indicat...

AK History - Quizzes 1 through 9 Already Passed Use your geographic schema to answer this question: How is it that some people on the Aleutian Islands speak Aleut, English, and Russian? The Aleutian Islands are a crossroads for countries that speak English and Russian. Which of the following was not listed in the objective as being affected by geography? 1) Culture 2) Internet 3) History 4) Tourism Internet Which theme includes the interaction of people, places, things, and information? 1) ...

Hospitality Revenue Management final exam review | LATEST 2023/2024 with complete solution What is the industry term used to describe the sum of prices paid by a business's customers? - total revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - profit=sales-costs What is the name for the net value achieved by both parties in a business transaction?...

Revenue Management Final Exam | latest with complete solution GRADED A+ What is the industry term used to describe the sum of prices paid by a business's customers? - Total Revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Profit = Sales - Costs What is the name for the net value achieved by both parties in a business transaction? - Profit What...

Revenue Management Final Exam | Latest 2023 with complete solution What is the industry term used to describe the sum of prices paid by a business's customers? - Total Revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Profit = Sales - Costs What is the name for the net value achieved by both parties in a business transaction? - Profit What elem...