SlideShare a Scribd company logo
MS.CATRINA EBOL
 AS RETAILER. They Sell And Promote Their
Products And Service. Travel Agencies Can
Be A One-stop Shop For Travel And Tours
Needs.
-It Is Important That Employees of TMCs
Are Good Communicators And People-
oriented And Course Knowledgeable About
The Many Service They Offer
 AS COUNSELORS. They Are Referred To As
Travel Consultants. Travel Consultants
Provide Information, Advice, And Booking
Service For People Who Wish To Travel.
 They Provide Literature And Information
To Clients Concerning Local, Interstate And
International Tour S, Travel Routes,
Accommodation, Local Customs, Fares And
Travel Regulations.
 GOOD COMMUNICATION SKILLS.
 COMPUTER SKILLS AND WRITING SKILLS
 SELF-PRESENTATION
 PEOPLE SMART.
 AS FIXED COMMISSION EARNER. It has
been reiterated that these travel
professionals must be focused on sale.
These will definitely bring about more
revenues for the company
 CHARGING SERVICE FEES. TMC gives
other forms of service apart from sale of
airline or cruise tickets and hotel and tour
bookings. The more services fees received
and the more productive their company
becomes
A.SOLEORSINGLEPROPRIETORSHIP
B.PARTNERSHIP
C.CORPORATION
 Sole means “Single” and proprietor means
“Seller” therefore, sole proprietorship refers
to private form of organization owned,
managed and controlled by an single seller
 Simplest
 Oldest
 Most common form of business ownership
 Simplest
 Oldest
 Most common form of business ownership
 Only single individual is the owner of the
business establishment.
 Set up by two or more people
 Two or more individuals put together their
skills, money , and other resources to put up a
business.
GENERAL
PARTNERSHIP
LIMITED PARTNERSHIP
Isformedwhentwoindividualsdecidetoputupabusinessasco-
owner.
Theownerssharetherewardsandtheassociatedriskstogether.
 A limited partnership includes more general
partners and one or more limited partners.
 The general partners are responsible for
liabilities and business operations.
 Limited partners have limited liability as long
as they do not participate in the control of
the business. Limited partners are not
involved in the management of the
partnership
ms.tle Characteristic of a travel management company
ms.tle Characteristic of a travel management company
ms.tle Characteristic of a travel management company
ms.tle Characteristic of a travel management company

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ms.tle Characteristic of a travel management company

  • 2.  AS RETAILER. They Sell And Promote Their Products And Service. Travel Agencies Can Be A One-stop Shop For Travel And Tours Needs. -It Is Important That Employees of TMCs Are Good Communicators And People- oriented And Course Knowledgeable About The Many Service They Offer
  • 3.  AS COUNSELORS. They Are Referred To As Travel Consultants. Travel Consultants Provide Information, Advice, And Booking Service For People Who Wish To Travel.  They Provide Literature And Information To Clients Concerning Local, Interstate And International Tour S, Travel Routes, Accommodation, Local Customs, Fares And Travel Regulations.
  • 4.  GOOD COMMUNICATION SKILLS.  COMPUTER SKILLS AND WRITING SKILLS  SELF-PRESENTATION  PEOPLE SMART.
  • 5.  AS FIXED COMMISSION EARNER. It has been reiterated that these travel professionals must be focused on sale. These will definitely bring about more revenues for the company
  • 6.  CHARGING SERVICE FEES. TMC gives other forms of service apart from sale of airline or cruise tickets and hotel and tour bookings. The more services fees received and the more productive their company becomes
  • 7.
  • 9.
  • 10.  Sole means “Single” and proprietor means “Seller” therefore, sole proprietorship refers to private form of organization owned, managed and controlled by an single seller  Simplest  Oldest  Most common form of business ownership
  • 11.  Simplest  Oldest  Most common form of business ownership  Only single individual is the owner of the business establishment.
  • 12.  Set up by two or more people  Two or more individuals put together their skills, money , and other resources to put up a business.
  • 15.  A limited partnership includes more general partners and one or more limited partners.  The general partners are responsible for liabilities and business operations.  Limited partners have limited liability as long as they do not participate in the control of the business. Limited partners are not involved in the management of the partnership