Limited-time offer! Save up to 50% Off | Solutions starting at $6 each  

(solved) Business Administration: Assignment

Added on - 23 Nov 2020

Trusted by +2 million users,
1000+ happy students everyday
Showing pages 1 to 4 of 12 pages
BusinessAdministration
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1 Budgetary or policy constraints relating to business travel or accommodation....................11.2 Financial arrangements relating to business travel or accommodation................................11.3 The way in which arrangements for visas and related foreign travel documentation can bemade............................................................................................................................................21.4 Procedures for obtaining or exchanging foreign currency....................................................2TASK 2............................................................................................................................................32.1 Identification of different suppliers that are capable of delivering service required withinbudget..........................................................................................................................................32.2 Recommend travel or accommodation arrangements that best meet the requirements........32.3 Recommend suppliers of travel or accommodation that best meet the requirements...........4TASK 3............................................................................................................................................43.1 Confirmation regarding requirements for travel or accommodation....................................43.2 Arrangements that specify any limitations, prohibitions or responsibilities and which meetthe requirements..........................................................................................................................53.3 Preparation and issuing itinerary or schedule documentation that reflect agreedarrangements accurately..............................................................................................................63.4 Travel or accommodation documentation within the required timescale.............................63.5 Confirmation regarding acceptability of payment to be made within the limits of owncompany......................................................................................................................................73.6 Up-to-date record of travel or accommodation arrangements and agreed commitments.....73.7 Adhere to organisational policies and procedures, legal and ethical requirements whenmaking business travel or accommodation arrangements...........................................................7
CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
INTRODUCTIONBusiness administration can be elaborated as the process of evaluating operational andexecutional activities of the company. It is very beneficial for all the enterprises as it helps toassess that it is able to meet all its goals and objectives or not. Overseeing and supervising arethe main components of it that helps the managers to get insider information of the organisation(Business administration,2019). The enterprise which is taken for this assignment is The GlobalWork which is travel company founded in year 2008 by Pierre and Jurgen Himmelmann. In thisproject report, various topics are discussed such as explanation of budgetary or policyconstraints, financial arrangements related to business travel, visas, procedure for exchangingforeign currency etc. Identification of different suppliers, recommendations related to travelarrangements, suppliers that best meet requirements, confirmed necessities of accommodation,preparation of itinerary and organisational policies have also been covered in this report.TASK 11.1 Budgetary or policy constraints relating to business travel or accommodationBudgetary or policy constraints can be defined problems that are faced by theorganisation while trying to manage funds to operate business. For business travel oraccommodation organisations such as The Global Work, the main constraint is restricted data forforecasting and predicting future costs and revenues. This issue may take place if theorganisation is not able to get appropriate information from different sources such as past profits,properly formulated annual reports etc.Currently The Global Work is developing plans for the customers in which differenttypes of travelling related packages are offered to them. Another constraint that may take placein future is related to the accommodation which is provided according to income of thecustomers. Sometimes the organisation faces issues to offer them appropriate deal in their budgetwhich also affects its budgetary policy because changes are required to be made (Zeleny, 2012).1.2 Financial arrangements relating to business travel or accommodationIt is very important for organisations like The Global Work to make financialarrangements in order to deal with issues that may take place in future. For this purpose differenttypes of arrangements can be made that may help to resolve all of them. These are describedbelow:1
desklib-logo
You’re reading a preview
Preview Documents

To View Complete Document

Click the button to download
Subscribe to our plans

Download This Document