ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A travel agency is a service business.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -A travel agency is a private retailer or public service that provides travel and tourism-related services to the general public on behalf of accommodation or travel suppliers to offer different kinds of travelling packages for each destination.

Detailed explanation-2: -In short, travel agents and tour operators are both travel service providers.

Detailed explanation-3: -What is a Business Travel Agency? Business travel agencies, also known as travel management companies, provide travel-related services with discounts and perks, which can be adjusted to meet the company’s travel policy and duty of care for business travellers.

Detailed explanation-4: -A TRUE Code is a travel industry accreditation developed so that independent travel agents can receive commission payments directly from suppliers and are recognized in “the system” as sellers of travel. The TRUE Code was established in 1999 as a component of what was then the Outside Sales Support Network (OSSN).

There is 1 question to complete.