QUESTIONS AND SOLUTIONS GRADED A+
● Benefit . Answer: A positive result that a feature brings to a particular
client
● Business Travel . Answer: Or Corporate Travel- includes all trips that
are purchased by businesses and made for their purpose
● Commission . Answer: a fee or percentage of a sale
● Commodity . Answer: Something that varies little and has the same
value everywhere
● Conference System . Answer: a system by which a group of suppliers
controls the sale of their product, appointing agents to sell it and
establishing a standard contract
● Demographic Segmentation . Answer: the process of categorizing
people according to characteristics such as age, sex, or marital status
, ● Dependables . Answer: people who value familiarity and comfort who
tend to visit popular places/ and return to the same ones again and again
● Distributor . Answer: A company that acts as a intermediary between
suppliers and travelers
● Familiarization Trip . Answer: A trip offered to travel professionals at
a reduced rate so they can inspect hotels, restaurants, and sample area
attractions and services
● Feature . Answer: An inherent characteristic of a product or service
● High Season . Answer: The season when rates and traffic peak
● Hospitality Industry . Answer: supplies hotel accommodations and
food and beverage services
● Incentive Travel . Answer: A prize or reward for employees usually for
productivity or sales performance
● Leisure Travel . Answer: Travel done for pleasure (travel to visit
family or friends generally included.)