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A Travel Agent Adds Value by Creating an Itinerary That

question 35

Multiple Choice

A travel agent adds value by creating an itinerary that includes transportation,accommodations,and activities that are customized to your budget and travel dates.In terms of the value-chain analysis,this is an example of a ________ organization.


Definitions:

Actual Authority

The express and implied powers a principal intentionally grants to an agent, allowing them to act on the principal's behalf.

Duty of Loyalty

A legal obligation of individuals, such as directors of a company or trustees, to act in the best interests of the company or trust, over and above their own interests.

Personal Concerns

Matters or issues that are primarily related to an individual's private interests, well-being, or personal circumstances.

Agent

A person or entity legally authorized to act on behalf of another person or entity in financial or business matters.

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