Business Administration | Assignment Solution
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Added on 2020-11-12
Business Administration | Assignment Solution
Added on 2020-11-12
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BUSINESSADMINISTRATION
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................11.1 Budgetary or policy constraints relating to business travel or accommodation...............11.2 Financial arrangements relating to business travel or accommodation............................21.3 Make arrangements for visas and related foreign travel documentation..........................21.4 The procedures for obtaining or exchanging foreign currency........................................32.1 Identify different suppliers that are capable of delivering the services required withinbudget.....................................................................................................................................32.2 Recommend travel or accommodation arrangements that best meet the requirements...42.3 Recommend suppliers of travel or accommodation that best meet the requirements......43.1 The requirements for travel or accommodation...............................................................53.2 Arrangements that specify any limitations, prohibitions or responsibilities and which meetrequirements...........................................................................................................................53.3 Prepare and issue itinerary/schedule documentation that reflect agreed arrangementsaccurately................................................................................................................................63.4 Obtain travel or accommodation documentation with in the required timescale.............63.5 Confirm the acceptability of payments to be made within the limits of their own authority................................................................................................................................................73.6 Keep up-to-date records of travel or accommodation arrangements and agreedcommitments..........................................................................................................................73.7 Adhere to organisational policies and procedures, legal and ethical requirements whenmaking business travel or accommodation arrangements for others......................................8CONCLUSION................................................................................................................................8REFERENCES..............................................................................................................................10
INTRODUCTIONBusiness administration consist of the management or performance of businessoperations and decision making (Zeleny, 2012). In present report select company travel lodge. itis a private company that are related to tour and travel and operating in hospitality and hotelindustry. In this report covers budgetary policy of business travel or accommodation. Identifydifferent suppliers and the procedures of exchange foreign currency, arrangements of visas andrelated travel tour documentation. Financial arrangements of travel or accommodation,recommend travel or accommodation arrangements and suppliers that best meet therequirements, requirements of travel or accommodation. Arrangements of limitations orresponsibilities to meet requirements and issue of schedule documentation. MAIN BODY1.1 Budgetary or policy constraints relating to business travel or accommodationBudgetary constraints shows all the combinations that are related to travel oraccommodations. It is totally depended on consumer choices which type business travel andaccommodation they have to select. In business travel or accommodation try to reduce of thosebudgetary constraints that are affect to select of consumers. Travel lodge prepare plans for attractto customers and they are giving maximum allowances on meals, set cost of the hotel accordingto consumers needs. These policies are helping to using business travel and accommodations.Budgetary constraints are shows by chart to present how to budget constraint effect to businesstravel and accommodations (Levashina and et. Al 2014). There are budget restricts like tax thatare affect to performance of the business. During to travelling travel lodge are provided best hotels and accommodations that aresuitable according to consumer incomes and in this includes hotel cost, allowances in meal andtaking fair charges when they are booking. These are helping to reduce constraints and attract tocustomer in huge numbers. To reduce these constraints there is need to provide specific agentfrom the company that are taking actual price because many time these agents are takingcommission and provide high prices to customers. These reasons are faces by company and theyare not provide travelling to much more consumers. It is affect to business of business travel andaccommodation (Pollard, Minor and Swanson, 2014). 1
1.2 Financial arrangements relating to business travel or accommodationFor survive any business travel and accommodations there is need to financialarrangements because without it, they can not survive. In the travel lodge arrange financial fundsthose are helping to expand of the business on broad level. In starting no one can giving loaneasily so for this need any authorisation that are giving to assureity for return of loan. There istravel lodge collect all expenses receipts for further because they are needed any time. Whencompany has taken loan from bank so they are approach to bank for issuing company credit card.And they are opening account as travelling account that are providing many benefits provided bybank in this specific fields (Wang, 2014). For provide to customers accommodation facility there is need to more finance and forthis search out those arrangements that are helping to travel lodge. In business travel companyfacing losses that time need to return amount to bank on specific time period so they have toarrange those arrangements that are helping to pay out bank on time. 1.3 Make arrangements for visas and related foreign travel documentationVisa is legal document that are certified UK government and stamp put on passport thatprovides entry to enter in particular country. This permission approval after giving reason totravel in other country after that they are provide authorise document with seal. For travel inforeign company firstly needed to visas that are make on the basis of travelling and withparticular time. There is provide multiple visas that issues by immigration officer at entry point.There is types of visas as follows – (1) single entry visa – in this provide visa to travel for onlyfor one time (2) business visa : in this allowed those peoples who really need to travel there andafter discussion they have to approve (3) multiple entry visa in this type of visa set a particularvalidity to travel in particular country. After some times it will expire. Most of the tourism takingone time visa that are related to tour (Eriksson-Zetterquist, Kalling and Styhre, 2015). When these are contact to foreign travel like travel lodge to travelling so travel and tourcompany taking documentation that are valid or not. They are checking all the documents like aspassport, visa, authority approval and background. These are important to know because they areproviding facilities for travelling. There is prepare a report relating to places and questioningabout the accommodation that are needed by consumers and discussion about their travellingplaces according to documents. For foreign travel documentation need to specific documentationthat are only provide to travelling in foreign countries. 2
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