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Travel and tourism business environment

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Added on  2020-01-16

Travel and tourism business environment

   Added on 2020-01-16

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ENVIROMENT PUBLIC SECTOR1
Travel and tourism business environment_1
Table of ContentsIntroduction......................................................................................................................................3Task 1...............................................................................................................................................3Description of the travel and tourism business environment along with the the examples of theorganisation (P1)..............................................................................................................................3Task 2...............................................................................................................................................5Description of the organisational and financial characteristics of the different types of travel andtourism organisations (P2)...............................................................................................................5Methods and opportunities used by travel and tourism organisations to gain competitiveadvantages (P3)................................................................................................................................5Task 3...............................................................................................................................................7Business case for travel and tourism enterprise with financial constraints (P4).............................7Conclusion.......................................................................................................................................7References........................................................................................................................................92
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IntroductionThe tourism is gaining pace in the modern era. The love for vacation and the love for spendingmoney on the refreshment area have demanded the better support of the tourism industry to bringmore innovative support. Proper management of the resources and the better understanding ofthe financial needs of the organisation mark the smooth operation. In the following assignmentthe environmental conditions and its impact is described well. The different structures ofbusiness organisation are discussed descriptively. Tourism and its option in satisfying the needsof the customer are observed here in the assignment.Task 1Description of the travel and tourism business environment along with the the examples ofthe organisation (P1)The tourism sector has gained ample space in the development of the organisation. In recent daysit is seen that there have been great development on the smooth operation of the business. It isnoticeable that the rise in the tourism organisations has provided a lot to the economicdevelopment to the organisation. As supported by Abou-Shouk et al. (2016, p.320), theavailability of the funds can be better understood with the proper aspect of the organisation in thesociety. There are problems and issues in the organisation, succeeding the issues in theorganisation, marks the success of the organisation at a long term basis.The consequences and the effect of the environment related to the organisational developmentcan be carefully described with the helps of the PESTLE analysis. As suggested by Ali et al.(2016, p.220), PESTLE analysis helps in the better understanding of the external constraints ofthe business development. Every single factor of the business environment marks the smooth orth rough running of the organisation. The development of the organisation and the smoothoperation of the environment depends upon the proper execution of the plan to mitigate theproblem of the PESTLE factors and bring to the use of proper development of the organisation.Public Sector and Private sector The sector under the direct control of the government or theundertaking of the government is called the public sector. On the other hand the control powerremaining in one body apart from any government is called the private sector. The environmentalfactor marks the every organisation without the discrimination of the sectors. According to3
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