Some Argue the Internet Has Diminished the Need for Travel

question 23

Essay

Some argue the Internet has diminished the need for travel agents.Others boast that travel agents offer a unique level of personalized service the Internet lacks.Profile the customer that would utilize a travel
agent versus the typical Internet consumer.

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Definitions:

Perpetual Inventory System

An inventory accounting system that records goods and materials purchased and sold in real-time through the use of computerized point-of-sale systems and enterprise asset management software.

Merchandise Inventory

Items that a business possesses with the intention of selling them to consumers.

Accounts Payable

Amounts a company owes to creditors for goods or services that have been bought on credit and are payable within a specified period.

Subsidiary Ledger

A detailed ledger that contains the details of transactions for individual accounts, which then summarize into the general ledger.