Business Operations and Management Analysis
VerifiedAdded on 2020/10/22
|12
|3753
|349
AI Summary
The provided assignment is focused on analyzing business operations, recognizing major issues, and examining current trends and changing environments. It involves understanding the dynamic environment of an organization and identifying ways to adapt and improve business functions in a better manner.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Contemporary Issues In
Travel And Tourism
Travel And Tourism
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1 Barriers which are driving reforms in travel and tourism industry.......................................1
1.2 Assessment of various issues with the use of effective tools and methods..........................2
TASK 2............................................................................................................................................3
2.1 Impact of current trends on improvement of tourism sector.................................................3
2.2 Covered in poster..................................................................................................................4
TASK 3............................................................................................................................................4
3.1 Method of responding towards alteration in tourism sector..................................................4
3.2 Strategies used by organisation to respond towards necessary changes...............................5
3.3 Justification of strategy.........................................................................................................6
TASK 4............................................................................................................................................7
4.1 Impact of trends and issues which drive changes in tourism industry..................................7
4.2 Consequences of failure........................................................................................................8
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1 Barriers which are driving reforms in travel and tourism industry.......................................1
1.2 Assessment of various issues with the use of effective tools and methods..........................2
TASK 2............................................................................................................................................3
2.1 Impact of current trends on improvement of tourism sector.................................................3
2.2 Covered in poster..................................................................................................................4
TASK 3............................................................................................................................................4
3.1 Method of responding towards alteration in tourism sector..................................................4
3.2 Strategies used by organisation to respond towards necessary changes...............................5
3.3 Justification of strategy.........................................................................................................6
TASK 4............................................................................................................................................7
4.1 Impact of trends and issues which drive changes in tourism industry..................................7
4.2 Consequences of failure........................................................................................................8
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9
INTRODUCTION
Travel and tourism is that condition which refers that happening of individual in various
location and places with different targets that includes winter or summer holiday, business
transaction, destination ceremony , family vacation, etc. In current time period, tourism sector is
help in enhancing regular day for maximising the requirement which has been executing more
amount of administration and seek to grow their enterprise in some other regions. This report is
based on Titan travelling which is one of the sizeable travelling organisation that can occurs in
travel and tourism industry (Hartmann, 2014). They are expanding their business in another
locations and regions in appropriate manner. In this assignment, the firm will highlighting the
different strategies and policies which required to be used in giving correct response towards
development of tourism sector.
TASK 1
1.1 Barriers which are driving reforms in travel and tourism industry
Tourism sector is one of the fast increasing organisation which are associated for
accelerative their necessarily and requirements at global level. There are various amount of
travellers who move from one point to other. This required for firm is to generate high amount of
income and revenue in appropriate manner. There are different issues which are driving changes
that are discussed as under: Advancement in technologies - through developing more advanced technologies in
entire world where numerous modern and different technique are there which are
essential for assisting the entire organisation in efficient manner. For e.g. time reduction
and duration of working can help in accomplishing entire key task i.e. possible only with
the help of telecommunication channel and assistance of internet which is considered as
one another example for demonstrating the technologies advancement. This is significant
for Titan travels to accommodate and adopt tools and techniques as per the certain
condition and modify the terms according to the organisation demand. There are several
different merits for making modern and advanced technologies such as booking, online
service that is comfortable in order to book the tickets from anytime (Forno and
Garibaldi, 2015). With this, it has become major menace which can deprive organisation
1
Travel and tourism is that condition which refers that happening of individual in various
location and places with different targets that includes winter or summer holiday, business
transaction, destination ceremony , family vacation, etc. In current time period, tourism sector is
help in enhancing regular day for maximising the requirement which has been executing more
amount of administration and seek to grow their enterprise in some other regions. This report is
based on Titan travelling which is one of the sizeable travelling organisation that can occurs in
travel and tourism industry (Hartmann, 2014). They are expanding their business in another
locations and regions in appropriate manner. In this assignment, the firm will highlighting the
different strategies and policies which required to be used in giving correct response towards
development of tourism sector.
TASK 1
1.1 Barriers which are driving reforms in travel and tourism industry
Tourism sector is one of the fast increasing organisation which are associated for
accelerative their necessarily and requirements at global level. There are various amount of
travellers who move from one point to other. This required for firm is to generate high amount of
income and revenue in appropriate manner. There are different issues which are driving changes
that are discussed as under: Advancement in technologies - through developing more advanced technologies in
entire world where numerous modern and different technique are there which are
essential for assisting the entire organisation in efficient manner. For e.g. time reduction
and duration of working can help in accomplishing entire key task i.e. possible only with
the help of telecommunication channel and assistance of internet which is considered as
one another example for demonstrating the technologies advancement. This is significant
for Titan travels to accommodate and adopt tools and techniques as per the certain
condition and modify the terms according to the organisation demand. There are several
different merits for making modern and advanced technologies such as booking, online
service that is comfortable in order to book the tickets from anytime (Forno and
Garibaldi, 2015). With this, it has become major menace which can deprive organisation
1
from better productivity hence organisation should keep updating their technologies in
efficient manner. Maximum security demand - In the tourism sector, security and safety is considered as
one fundamental component for which visitors are majorly concerned for better health
issue. Hence, this is fundamental for organisation to evolve practices and execute
effective alternation along with proper strategies in order to achieve outcome. This is
nation's duty to make certain of the security and safety of people or traveller of their
country in more significant manner.
Growth of new market place – This is required for firm is to grab modern technology and
methods which assist in expanding their business operations and its major functions for
generating profitability (Dickinson, and et. al., 2014).
1.2 Assessment of various issues with the use of effective tools and methods
There are different issues which assist in increasing anything which provide information
and this will directly affect on whole business operations and success within an organisation.
Thus, it is essential for each company is to recognise their major issues and problems which
directly impact on firm operations. They are required to using accurate methods and techniques
for all correct facts and figures which will play an essential role in acquiring desired goals and
objectives in effective manner. Along with this, travellers will prefer and choice stress free
places which corrective action or make decision which assist in eliminating all issue and
difficulty for capturing desired customised.
Part from this, there are certain problems which are facing by Titan travels and this will
became better problems for enterprise dealing and purpose (Inversini and Masiero, 2014). Such
are described as under:
Launching of new market area for approximate secondary
For changing modifications and alteration which directly associated with customers
needs, increasing values, demand, etc.
For betterment in advanced technology and techniques due to introduction of current
tools and methods
Along with this, managerial department try to make and develop effective strategies and
policies as per their past circumstances from all above mentioned which are currently evaluated.
It is also required for firm is to make proper changes and alterations for developing accurate
2
efficient manner. Maximum security demand - In the tourism sector, security and safety is considered as
one fundamental component for which visitors are majorly concerned for better health
issue. Hence, this is fundamental for organisation to evolve practices and execute
effective alternation along with proper strategies in order to achieve outcome. This is
nation's duty to make certain of the security and safety of people or traveller of their
country in more significant manner.
Growth of new market place – This is required for firm is to grab modern technology and
methods which assist in expanding their business operations and its major functions for
generating profitability (Dickinson, and et. al., 2014).
1.2 Assessment of various issues with the use of effective tools and methods
There are different issues which assist in increasing anything which provide information
and this will directly affect on whole business operations and success within an organisation.
Thus, it is essential for each company is to recognise their major issues and problems which
directly impact on firm operations. They are required to using accurate methods and techniques
for all correct facts and figures which will play an essential role in acquiring desired goals and
objectives in effective manner. Along with this, travellers will prefer and choice stress free
places which corrective action or make decision which assist in eliminating all issue and
difficulty for capturing desired customised.
Part from this, there are certain problems which are facing by Titan travels and this will
became better problems for enterprise dealing and purpose (Inversini and Masiero, 2014). Such
are described as under:
Launching of new market area for approximate secondary
For changing modifications and alteration which directly associated with customers
needs, increasing values, demand, etc.
For betterment in advanced technology and techniques due to introduction of current
tools and methods
Along with this, managerial department try to make and develop effective strategies and
policies as per their past circumstances from all above mentioned which are currently evaluated.
It is also required for firm is to make proper changes and alterations for developing accurate
2
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
decision in systematic manner. It can be analysed that Titan travels have major risk procedures
for investigating system which can make and develop dissatisfaction within tourism sector.
These are as follows:
Primary method – this will used for gathering and collecting data by direction
individualised interrogation.
Secondary method – Communication which are required for assisting with the assist of
publisher, past information and figures, literature that can fall below this concept (Forno and
Garibaldi, 2015).
TASK 2
2.1 Impact of current trends on improvement of tourism sector
In current tendency, this is negotiable in nature which help in altering and dynamical
according to doing time passes so that will change can be termed as continuous process. This is
essential things which firm is to analyse and examine current trends and also identifying
changing which can arise due to this they will immediately affect on whole business transaction
and its major functions in better mode. In current time period, there are several amount of group
who will existent who are disposed to wander with business aspect which are described as under: Adventure tourism – Most of the travellers that are willing to do various things for
gaining experience of unique things in better manner. In current time period, there are
number of students which are interested to visiting different nations for attractive fresh
education and doing adventures tours. Sports tourism – It is some other current tendency which arise in sports business so this
will attracting sizable amount of customised with major purpose is to observe as
international games, Olympics, etc. that includes Paralympics help in various tourism
industry for generating high amount of income and revenue (Baker, 2014). Food tourism – There are most of the people who are need type gain experience of
different types of food that includes Italian, Spanish, French, etc. assist in learning how to
develop and make attractive and unique impressive courses for developing various dishes
and meals.
Mobile photography – As per the trends, there are certain individual which are interested
to taking images and pictures of adventures places, locations, sunset, sunrise, etc.
3
for investigating system which can make and develop dissatisfaction within tourism sector.
These are as follows:
Primary method – this will used for gathering and collecting data by direction
individualised interrogation.
Secondary method – Communication which are required for assisting with the assist of
publisher, past information and figures, literature that can fall below this concept (Forno and
Garibaldi, 2015).
TASK 2
2.1 Impact of current trends on improvement of tourism sector
In current tendency, this is negotiable in nature which help in altering and dynamical
according to doing time passes so that will change can be termed as continuous process. This is
essential things which firm is to analyse and examine current trends and also identifying
changing which can arise due to this they will immediately affect on whole business transaction
and its major functions in better mode. In current time period, there are several amount of group
who will existent who are disposed to wander with business aspect which are described as under: Adventure tourism – Most of the travellers that are willing to do various things for
gaining experience of unique things in better manner. In current time period, there are
number of students which are interested to visiting different nations for attractive fresh
education and doing adventures tours. Sports tourism – It is some other current tendency which arise in sports business so this
will attracting sizable amount of customised with major purpose is to observe as
international games, Olympics, etc. that includes Paralympics help in various tourism
industry for generating high amount of income and revenue (Baker, 2014). Food tourism – There are most of the people who are need type gain experience of
different types of food that includes Italian, Spanish, French, etc. assist in learning how to
develop and make attractive and unique impressive courses for developing various dishes
and meals.
Mobile photography – As per the trends, there are certain individual which are interested
to taking images and pictures of adventures places, locations, sunset, sunrise, etc.
3
Therefore, company director of Titan travel need to create and create holiday packages
photos and make that they can getting all the employment and facilities.
2.2 Covered in poster
TASK 3
3.1 Method of responding towards alteration in tourism sector
In an organisation, business have to operate and regulate all dynamic environment which
help in changing and altering in better manner. Generally, Titan travel organisation have to
analysing and examining the competitive working surroundings with the help of PESTLE
analysis. Such types alterations and modifications will be introduce for necessary to organisation
for maintaining huge competition (Buhalis and Foerste, 2015). PESTLE analysis can be describe
as under:
Political factors – It is that factor which includes determining political issues and
problems which directly affect in travel and tourism in effective manner. Titan travel have to
develop and make accurate decision regarding nation where this will assist in operating and
regulating in effective manner. They are required to extend their business operations in all over
the country. In every country, government has different rules and regulations which need to be
followed by country people. Along with this, it is the duty or responsibility of general people is
to mandatory follows such type of rules and norms in proper manner. Through this, an
organisation developing and making new rules as per the demand or need of authorisation.
Economical factors – There are number of economical approaches and concepts which
occurs in economy in which this sector is regulating and operating in proper manner. Along with
this, there are different types of rates which includes deflation and inflation aspects. In the
business, it is necessary for identifying the currency rate that required to be ascertained and if
currency price is best appropriate then the company have not take any such type of steps for
increasing profitability in better manner (Cohen and et. al., 2014).
Social factors – This will involves with social issues which can occurs in the community
and society in better manner. Titan travel organisation have to determine and consider customers
preferences and taste according to their customers who are willing to present in an organisation.
Along with this, this will create and make employment opportunities for person in order to
increasing standard of living in accurate manner. In this, customer modify and changes which is
4
photos and make that they can getting all the employment and facilities.
2.2 Covered in poster
TASK 3
3.1 Method of responding towards alteration in tourism sector
In an organisation, business have to operate and regulate all dynamic environment which
help in changing and altering in better manner. Generally, Titan travel organisation have to
analysing and examining the competitive working surroundings with the help of PESTLE
analysis. Such types alterations and modifications will be introduce for necessary to organisation
for maintaining huge competition (Buhalis and Foerste, 2015). PESTLE analysis can be describe
as under:
Political factors – It is that factor which includes determining political issues and
problems which directly affect in travel and tourism in effective manner. Titan travel have to
develop and make accurate decision regarding nation where this will assist in operating and
regulating in effective manner. They are required to extend their business operations in all over
the country. In every country, government has different rules and regulations which need to be
followed by country people. Along with this, it is the duty or responsibility of general people is
to mandatory follows such type of rules and norms in proper manner. Through this, an
organisation developing and making new rules as per the demand or need of authorisation.
Economical factors – There are number of economical approaches and concepts which
occurs in economy in which this sector is regulating and operating in proper manner. Along with
this, there are different types of rates which includes deflation and inflation aspects. In the
business, it is necessary for identifying the currency rate that required to be ascertained and if
currency price is best appropriate then the company have not take any such type of steps for
increasing profitability in better manner (Cohen and et. al., 2014).
Social factors – This will involves with social issues which can occurs in the community
and society in better manner. Titan travel organisation have to determine and consider customers
preferences and taste according to their customers who are willing to present in an organisation.
Along with this, this will create and make employment opportunities for person in order to
increasing standard of living in accurate manner. In this, customer modify and changes which is
4
totally based on current trends. Along with this, firm will adopt new tendency and fashions
method that help in attracting large number of buyers towards their products or services.
Technological factors – This is very useful to update and upgraded system according to
the modern and advanced techniques and methods which are prevailing with current market
condition and situations. Therefore, while adopting and using contemporary situation where
there are large number of benefits which are enjoyed by business concern (Smith, 2014).
Environmental factors - Each and every firm have to examine and analyse different
issues while conducting their business operations and its functions in effective manner. An
organisation have to developing and making manufacturing procedures in correct and effective
so that wastage will be reducing that can minimised at important level.
Legal factors – There are different legal regulations and rules that directly affect on
working systems of Titan organisation. Moreover, it is required for conducting and organising
their working procedures. Every nation have diverse legal issues which required to highlighting
their systems. An authority have drafted particular regulations and norms for travelling and
tourism aspect so that they can execute their work activities and functions effectively and
efficiency without any issues or difficulty that accompanying to different factors.
3.2 Strategies used by organisation to respond towards necessary changes
In travel and tourism sector, there are various businesses for presenting success and
growth of an economy. His includes hotel industries, airline industry, food companies, hotel
industries, etc. such sector are smoothly running the business operations and its functions and
this will directly increasing travel and tourism growth of an organisation. There are various kinds
of activities and functions which need to performed by company and they require to achieve their
targets or goals in short term and long term (Chandralal, Rindfleish and Valenzuela, 2015). The
creation and adaption of strategy will enable the referred enterprise as well as other organisation
of business for improving the recent products and service in more adequate manner: There are
numerous methodologies in which major two of them are optimised by organisation i.e. briefly
discussed as below: Information accumulation: In order to assemble several figures and facts that can be
identified for business operations as well as functions in adequate manner. The
framework is utilised in order accumulation of information and gathering information in
several manner. It is suitable methodology for global aviation routes accumulating
5
method that help in attracting large number of buyers towards their products or services.
Technological factors – This is very useful to update and upgraded system according to
the modern and advanced techniques and methods which are prevailing with current market
condition and situations. Therefore, while adopting and using contemporary situation where
there are large number of benefits which are enjoyed by business concern (Smith, 2014).
Environmental factors - Each and every firm have to examine and analyse different
issues while conducting their business operations and its functions in effective manner. An
organisation have to developing and making manufacturing procedures in correct and effective
so that wastage will be reducing that can minimised at important level.
Legal factors – There are different legal regulations and rules that directly affect on
working systems of Titan organisation. Moreover, it is required for conducting and organising
their working procedures. Every nation have diverse legal issues which required to highlighting
their systems. An authority have drafted particular regulations and norms for travelling and
tourism aspect so that they can execute their work activities and functions effectively and
efficiency without any issues or difficulty that accompanying to different factors.
3.2 Strategies used by organisation to respond towards necessary changes
In travel and tourism sector, there are various businesses for presenting success and
growth of an economy. His includes hotel industries, airline industry, food companies, hotel
industries, etc. such sector are smoothly running the business operations and its functions and
this will directly increasing travel and tourism growth of an organisation. There are various kinds
of activities and functions which need to performed by company and they require to achieve their
targets or goals in short term and long term (Chandralal, Rindfleish and Valenzuela, 2015). The
creation and adaption of strategy will enable the referred enterprise as well as other organisation
of business for improving the recent products and service in more adequate manner: There are
numerous methodologies in which major two of them are optimised by organisation i.e. briefly
discussed as below: Information accumulation: In order to assemble several figures and facts that can be
identified for business operations as well as functions in adequate manner. The
framework is utilised in order accumulation of information and gathering information in
several manner. It is suitable methodology for global aviation routes accumulating
5
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
consumer perception and inputs which can help in relation of administration and other
inputs assisting through Whitbread Plc. Hence, this can help in achieving business aims
and objectives in more significant manner through which proper information management
can be done.
Group building: It can be referred as another framework that can help in deploying
efficiency and advantages for attaining determined objectives and goals which can help in
achieving goals in assisting manner. Team building can assist in attaining the worker
development and growth in regard of attaining the functions and business operations in
more significant manner (Yuan, Gretzel and Tseng, 2015).
3.3 Justification of strategy
The scheme and policies for creating new products and work, adaptation and techniques,
merchandising mix that will constructive effect in the concern surroundings of Whitbread. It is
that scheme which help in attracting large number of customers and continue all immediate
customers in better manner. Along with this, Whitbread will also assist in render on different
scheme of SWOT and PEST analysis that will catch all the better approving possibility within
the business environment and this can capable for pickings advanced place that rising challenges
in the eating house and touristry industry. In addition to this, this will make and create variety of
products that will assist in providing huge pool where large number of buyers can select their
choice and preferences products according to satisfying their demand and needs. Whitbread can
distinguish their effective products and offer them such products at reasonable rate for
accommodate the average and lower level revenue which help in developing forming wide
customers base. Thus, the firm ensure that their services and facilities which cut towards all the
platforms of the community and society.
According to the above scheme that are appropriate for organisation so that they will
enhancing their improvement or growth in proper mode. The circumstance of such scheme that
are described as under:
Maintaining team building – It is the best scheme because this will assist in developing
and making powerful relation with their employees and employers within an enterprise.
A leader require to form two or more members who are doing work satisfying all goals
and targets in proper manner.
6
inputs assisting through Whitbread Plc. Hence, this can help in achieving business aims
and objectives in more significant manner through which proper information management
can be done.
Group building: It can be referred as another framework that can help in deploying
efficiency and advantages for attaining determined objectives and goals which can help in
achieving goals in assisting manner. Team building can assist in attaining the worker
development and growth in regard of attaining the functions and business operations in
more significant manner (Yuan, Gretzel and Tseng, 2015).
3.3 Justification of strategy
The scheme and policies for creating new products and work, adaptation and techniques,
merchandising mix that will constructive effect in the concern surroundings of Whitbread. It is
that scheme which help in attracting large number of customers and continue all immediate
customers in better manner. Along with this, Whitbread will also assist in render on different
scheme of SWOT and PEST analysis that will catch all the better approving possibility within
the business environment and this can capable for pickings advanced place that rising challenges
in the eating house and touristry industry. In addition to this, this will make and create variety of
products that will assist in providing huge pool where large number of buyers can select their
choice and preferences products according to satisfying their demand and needs. Whitbread can
distinguish their effective products and offer them such products at reasonable rate for
accommodate the average and lower level revenue which help in developing forming wide
customers base. Thus, the firm ensure that their services and facilities which cut towards all the
platforms of the community and society.
According to the above scheme that are appropriate for organisation so that they will
enhancing their improvement or growth in proper mode. The circumstance of such scheme that
are described as under:
Maintaining team building – It is the best scheme because this will assist in developing
and making powerful relation with their employees and employers within an enterprise.
A leader require to form two or more members who are doing work satisfying all goals
and targets in proper manner.
6
Relevant data collection – It is another appropriate strategy that help in identifying buyers
requirements and needs, along with this, they need to fulfilling all demand or necessities.
An enterprise will providing all important methods and techniques which assist in
gathering or assembling data as per the customers demand or requirements (Ormond,
Mun and Khoon, 2014).
TASK 4
4.1 Impact of trends and issues which drive changes in tourism industry
Trail finder is operating in more than 30 travel centres which is situated in United
Kingdom. It is a private organisation which deals in travel and tourism sector employing 1000
staff members. Tourism sector will play standards which are perceived for having some major
impact on the common nature of the destination of tourism sector. Such things are described as
under: Merger – It is that procedures of combining two or more latest organisation in one person
entity so that they can conduct and organise their business groups. Level of employment – The staff members of hotel and restaurant will display various
working behaviour and attitude. An organisation can operate and regulate all major
functions, structure, policies and procedures in proper manner. The company will offer
and serve various types of goods and services which will assist employees in better
manner. Tendency of products and services – Every company focus and concentrate on
innovative goods which help them to target customers. Along with this, price can be
differentiated so they can compare with their competitor, they are create and make
different types of products and services in another organisation (Ormond, Mun and
Khoon, 2014).
Adopted techniques and technology – Trail finders provide high quality products and
services with the help of latest technology in right manner. Along with this, they are
rendering modern quality based goods which are planning towards specify items of their
buyers and analyse the taste and preferences of customers towards products.
Change in structure – It will help in altering an organisation structure which will directly
affect on their current business operations or functions. Through using merger and
7
requirements and needs, along with this, they need to fulfilling all demand or necessities.
An enterprise will providing all important methods and techniques which assist in
gathering or assembling data as per the customers demand or requirements (Ormond,
Mun and Khoon, 2014).
TASK 4
4.1 Impact of trends and issues which drive changes in tourism industry
Trail finder is operating in more than 30 travel centres which is situated in United
Kingdom. It is a private organisation which deals in travel and tourism sector employing 1000
staff members. Tourism sector will play standards which are perceived for having some major
impact on the common nature of the destination of tourism sector. Such things are described as
under: Merger – It is that procedures of combining two or more latest organisation in one person
entity so that they can conduct and organise their business groups. Level of employment – The staff members of hotel and restaurant will display various
working behaviour and attitude. An organisation can operate and regulate all major
functions, structure, policies and procedures in proper manner. The company will offer
and serve various types of goods and services which will assist employees in better
manner. Tendency of products and services – Every company focus and concentrate on
innovative goods which help them to target customers. Along with this, price can be
differentiated so they can compare with their competitor, they are create and make
different types of products and services in another organisation (Ormond, Mun and
Khoon, 2014).
Adopted techniques and technology – Trail finders provide high quality products and
services with the help of latest technology in right manner. Along with this, they are
rendering modern quality based goods which are planning towards specify items of their
buyers and analyse the taste and preferences of customers towards products.
Change in structure – It will help in altering an organisation structure which will directly
affect on their current business operations or functions. Through using merger and
7
acquisition, firm require to modify entire company structure in better way. Along with
this, it will assist in developing and improving business operations or its functions that
will provides different different types of revenue effectively. They can easily modify
their structure while they need to keep changes and maintains structure within an
enterprise. They require to alter their infrastructure which will assist in increasing
company reputation for satisfy their employees at higher level.
4.2 Consequences of failure
It can be stated that all the above mentioned impact of Trail-finder which has expanding
their various changes and alterations in travel and tourism industry. This will describing the
effect which directly effect on modification in the large market place. Such things described as
under: Decrease in profit margin – For eliminating the trail-finder is to given response to the
market area which help in changing such as experienced employees, using latest
techniques and technology, slightly differentiating their products from other rivals which
will create minimise the profit margins (Ormond, Mun and Khoon, 2014). There are large
number of buyers will be unsatisfied to failing towards different products and services in
effective manner.
Planning for bad images – Due to reduction in profits, brand image of company
degrades in global market. This refers that trail-finder and another organisation will fall
to sale their effective goods and services at high market place in appropriate manner.
Thus, responsiveness regarding alterations and modification is essential for acquiring any
type of business operations and their functions within the market area.
CONCLUSION
As per the above described it can be concluded that Travel and tourism is that term which
refers that movement of individual in different location and places with different objectives that
includes winter or summer holiday, business transaction, destination ceremony , family vacation,
etc. Tourism sector is one of the fast growing company which are associated for increasing their
needs and requirements at global level. Thus, it is essential for each company is to recognise
their major issues and problems which directly impact on firm operations. This is essential things
which firm is to analyse and examine current trends and also identifying changing which can
8
this, it will assist in developing and improving business operations or its functions that
will provides different different types of revenue effectively. They can easily modify
their structure while they need to keep changes and maintains structure within an
enterprise. They require to alter their infrastructure which will assist in increasing
company reputation for satisfy their employees at higher level.
4.2 Consequences of failure
It can be stated that all the above mentioned impact of Trail-finder which has expanding
their various changes and alterations in travel and tourism industry. This will describing the
effect which directly effect on modification in the large market place. Such things described as
under: Decrease in profit margin – For eliminating the trail-finder is to given response to the
market area which help in changing such as experienced employees, using latest
techniques and technology, slightly differentiating their products from other rivals which
will create minimise the profit margins (Ormond, Mun and Khoon, 2014). There are large
number of buyers will be unsatisfied to failing towards different products and services in
effective manner.
Planning for bad images – Due to reduction in profits, brand image of company
degrades in global market. This refers that trail-finder and another organisation will fall
to sale their effective goods and services at high market place in appropriate manner.
Thus, responsiveness regarding alterations and modification is essential for acquiring any
type of business operations and their functions within the market area.
CONCLUSION
As per the above described it can be concluded that Travel and tourism is that term which
refers that movement of individual in different location and places with different objectives that
includes winter or summer holiday, business transaction, destination ceremony , family vacation,
etc. Tourism sector is one of the fast growing company which are associated for increasing their
needs and requirements at global level. Thus, it is essential for each company is to recognise
their major issues and problems which directly impact on firm operations. This is essential things
which firm is to analyse and examine current trends and also identifying changing which can
8
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
arise due to this they will directly affect on whole business operations and its major functions in
better manner. In an organisation, business have to operate and regulate all dynamic environment
which help in changing and altering in better manner.
9
better manner. In an organisation, business have to operate and regulate all dynamic environment
which help in changing and altering in better manner.
9
REFERENCES
Books and journals
Hartmann, R., 2014. Dark tourism, thanatourism, and dissonance in heritage tourism
management: New directions in contemporary tourism research. Journal of Heritage
Tourism. 9(2). pp.166-182.
Forno, F. and Garibaldi, R., 2015. Sharing economy in travel and tourism: The case of home-
swapping in Italy. Journal of Quality Assurance in Hospitality & Tourism. 16(2).
pp.202-220.
Dickinson, and et. al., 2014. Tourism and the smartphone app: Capabilities, emerging practice
and scope in the travel domain. Current Issues in Tourism. 17(1). pp.84-101.
Inversini, A. and Masiero, L., 2014. Selling rooms online: the use of social media and online
travel agents. International Journal of Contemporary Hospitality Management. 26(2).
pp.272-292.
Forno, F. and Garibaldi, R., 2015. Sharing economy in travel and tourism: The case of home-
swapping in Italy. Journal of Quality Assurance in Hospitality & Tourism. 16(2).
pp.202-220.
Baker, D.M.A., 2014. The effects of terrorism on the travel and tourism industry. International
Journal of Religious Tourism and Pilgrimage. 2(1). p.9.
Buhalis, D. and Foerste, M., 2015. SoCoMo marketing for travel and tourism: Empowering co-
creation of value. Journal of destination marketing & management. 4(3). pp.151-161.
Cohen, S.A., and et. al., 2014. Understanding and governing sustainable tourism mobility:
Psychological and behavioural approaches (Vol. 43). Routledge.
Smith, S.L., 2014. Tourism analysis: A handbook. Routledge.
Chandralal, L., Rindfleish, J. and Valenzuela, F., 2015. An application of travel blog narratives to
explore memorable tourism experiences. Asia Pacific Journal of Tourism Research.
20(6). pp.680-693.
Yuan, Y., Gretzel, U. and Tseng, Y.H., 2015. Revealing the nature of contemporary tourism
research: Extracting common subject areas through bibliographic coupling.
International Journal of Tourism Research. 17(5). pp.417-431.
Ormond, M., Mun, W.K. and Khoon, C.C., 2014. Medical tourism in Malaysia: how can we
better identify and manage its advantages and disadvantages?. Global health action.
7(1). p.25201.
10
Books and journals
Hartmann, R., 2014. Dark tourism, thanatourism, and dissonance in heritage tourism
management: New directions in contemporary tourism research. Journal of Heritage
Tourism. 9(2). pp.166-182.
Forno, F. and Garibaldi, R., 2015. Sharing economy in travel and tourism: The case of home-
swapping in Italy. Journal of Quality Assurance in Hospitality & Tourism. 16(2).
pp.202-220.
Dickinson, and et. al., 2014. Tourism and the smartphone app: Capabilities, emerging practice
and scope in the travel domain. Current Issues in Tourism. 17(1). pp.84-101.
Inversini, A. and Masiero, L., 2014. Selling rooms online: the use of social media and online
travel agents. International Journal of Contemporary Hospitality Management. 26(2).
pp.272-292.
Forno, F. and Garibaldi, R., 2015. Sharing economy in travel and tourism: The case of home-
swapping in Italy. Journal of Quality Assurance in Hospitality & Tourism. 16(2).
pp.202-220.
Baker, D.M.A., 2014. The effects of terrorism on the travel and tourism industry. International
Journal of Religious Tourism and Pilgrimage. 2(1). p.9.
Buhalis, D. and Foerste, M., 2015. SoCoMo marketing for travel and tourism: Empowering co-
creation of value. Journal of destination marketing & management. 4(3). pp.151-161.
Cohen, S.A., and et. al., 2014. Understanding and governing sustainable tourism mobility:
Psychological and behavioural approaches (Vol. 43). Routledge.
Smith, S.L., 2014. Tourism analysis: A handbook. Routledge.
Chandralal, L., Rindfleish, J. and Valenzuela, F., 2015. An application of travel blog narratives to
explore memorable tourism experiences. Asia Pacific Journal of Tourism Research.
20(6). pp.680-693.
Yuan, Y., Gretzel, U. and Tseng, Y.H., 2015. Revealing the nature of contemporary tourism
research: Extracting common subject areas through bibliographic coupling.
International Journal of Tourism Research. 17(5). pp.417-431.
Ormond, M., Mun, W.K. and Khoon, C.C., 2014. Medical tourism in Malaysia: how can we
better identify and manage its advantages and disadvantages?. Global health action.
7(1). p.25201.
10
1 out of 12
Related Documents
Your All-in-One AI-Powered Toolkit for Academic Success.
+13062052269
info@desklib.com
Available 24*7 on WhatsApp / Email
Unlock your academic potential
© 2024 | Zucol Services PVT LTD | All rights reserved.