TNT Sector: Impact of Government Policies and International Agencies

This presentation examines the significant impact of local, national, and international policies and agencies on the Travel and Tourism (TNT) sector. It highlights the functions of government bodies, sponsored organizations, and international agencies like UNWTO, IATA, and UFTAA, emphasizing their roles in strategic development, financial resource provision, infrastructure development, and industry monitoring. The presentation also analyzes the influence of local and national economic policies on the success of TNT businesses, noting how governmental strategies in countries like the UK and China affect tourism growth and economic contributions. Furthermore, it discusses the implications of political changes on TNT in different countries, showcasing how governmental policies can either bolster or hinder the tourism industry's progress and overall economic impact. The conclusion underscores the importance of these policies in fostering effective and beneficial business environments for both the industry and the public.

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INTRODUCTION
 The TNT sector is highly dependent on
the policies, norms and legal
requirements designed by the several
governing bodies in the industry
 In UK, the UNWTO, IATA, ICOA and
many other bodies are working to
make the business sector effective
and growing
 Here, the presentation will going to
emphasize on the effects of the local,
national and international policies of
the governments on the travel
businesses.

zz 2.2 FUNCTIONS OF GOVERNMENT, SPONSORED BODIES AND
INTERNATIONAL AGENCIES IN TNT
 Every entity in the TNT sector have
some specific tasks that are different
from each other but all perform in the
same direction
 The functions of the different
governments, sponsored bodies and the
agencies are different

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FUNCTIONS OF THE
GOVERNMENT
 Strategic development
 Provision of financial resources
 Infrastructure development
 Advertise their tourism sector and
destinations to the people of the
world
 Corporate governance

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FUNCTIONS OF THE SPONSORED
BODIES
 This are the bodies which are
ruined by the government but
are specially created to maintain
the tasks of the tourism industry
 The major functions of these
bodies is to monitor the regular
tasks of the business units
 To promote the attractions and
develop the infrastructure
 Force the businesses to engage
more number of people and
provide them regular jobs

zz FUNCTIONS OF THE
INTERNATIONAL
AGENCIES
 The international agencies
are UNWTO, AIT, IATA,
UFTAA which are working in
the industry and are serving
a large number of people
 This organizations generally
work under the highly
experienced persons of the
industry with the government
support and make the
businesses more successful

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2.2 INFLUENCE OF LOCAL AND NATIONAL
ECONOMIC POLICIES ON SUCCESS OF TNT
 LOCAL POLICIES
 The local policies of the organisations like municipal organizations on the
travel and tourism pose a vital and positive influence
 The governing bodies always try to make the best policies that are
beneficial for the local people and the industries
 They are also concerned about creating opportunities for their people and
financial stability to their bodies

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CONT..
 NATIONAL
 The central government of the countries
like UK, USA, France, China, India
develops the business strategies and
norms that are beneficial for the
organizations and their country
 The union governments also stress on
making their country more popular in the
TNT industry and hence they eventually
get several benefits

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2.3
IMPLICATIONS
OF POLITICAL
CHANGE ON
TNT IN
DIFFERENT
COUNTRIES
 UK
 Any kind o political change in the country will
directly affects all kinds of the businesses
and hence the TNT industry
 In UK, Cameron said that they are tying to
make their second service sector one of the
major business sector in their country and
they are going to invest as much it requires to
make their more popular again.

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CONTI..
 CHINA
 With the widest population in the world country
has also seen a frequent growth in the tourist
rate in their country
 The policies of the country’s government is very
beneficial in making their country amongst the
top tourist destinations of the world with the best
facilities and consumer satisfaction activities
 In addition to this, the Chinese government is
generating around 13% of its economy which
describes the effective strategies and planning
of the country.

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CONCLUSION
 The presentation describes the influence of the local national
and international agencies on the TNT sector.
 The slides incorporates with several influences of the local and
national policies on making the tourism valuable and successful
 At last it can be said that the role of the different policies is very
important and can easily help in making the businesses
effective and beneficial for them as well as the people.

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REFERENCES
 Cooper, C., 2008. Tourism: Principles and practice. Pearson
education.
 Holloway, J.C. and Humphreys, C., 2016. The business of tourism.
Pearson Education.
 Online available at www.travelweekly.co.uk last accessed on 30th
June 2018.
 Swarbrooke, J. and Horner, S., 2012. Business travel and tourism.
Routledge.
 Bhatia, A.K., 2012. The Bussiness of Travel Agency and Tour
Operations Management. Sterling Publishers Pvt. Ltd.
 UNWTO, J., 2016. World Tourism Barometer. Vol. 14.