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Travel Business 101
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Avg score: 49% • Most missed: “Crucial business doc that shows what a business owns and owes as of date on docu…”
Travel Business 101
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25 Questions

1. That Which is OWED (liabilities)

2. Informs clients in a meaningful way of the purposes for collection/disclosure of info - obtain their consent before or at time of collection as well as when there is a new use

3. Record of What is owed to you - credit accounts

4. Minimize possibilty of incorrect info when making a decision about the client or when disclosing info

5. Use by agency chains to forward payment to non-BSP supplier

6. Total value of assets that you have avail. to invest in your business initially

7. Ontairo - Quebec - BC

8. Total before deductions

9. Once paid in full to agent - then the wholelsaler can send to agent - if paid for at least 21 days in advance - the wholesaler must forward at least 14 days prior to departure - Agent must verify all these docs first

10. Service paid for 21 days in advance - wholesaler must forward documents - Agent must go over and check all documents and wholesaler cannot refuse to provide a service if the customer has paid agent already - Check for price increases -- no more than

11. Anythign of worth that is owned

12. To enter into account

13. Pre paid and guaranteed (2 types) - form used to authenticate details of clients reservation - prepaid - already paid thru agent - confirmation - a booking that will be paid LOCALLY - Airport Exchange voucher - given to tour guide from clients as pro

14. Association fo Cndn Travel Agencies - non profit - represents retail travel sector

15. Presentation of fact made in person - electronically - or in print to introduce someone to the act or enter into a contract - written or oral

16. Inform clients of use of information when its being used - allow clients to access their own information - correct information for accuracy - provide copies of the info if the client requesrs it unless theres a reason by the act to not provide access

17. Sells to consumer - travel services provided by another person/company

18. All details of reservation - made when booking is in process - ALWAYS completed - clear format

19. Decrease in value thru age - wear or deterioration

20. Something that can be seen and evaluated

21. Say GOODBYE - wiat for THEM to hang up

22. Every agency pays into this by % to fund those needing to be compensated

23. Must say artist render if a drawing - must be up to date and accurate

24. Identify self - be friendly - gret - ask how to help

25. Whenever a payment is made

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