Assignment Example | Topics and Well Written Essays - 2250 words - 6

Assignment Example It involves the selling of a discretionary product which may not be bought by the clients in situations of financial hardships unlike fuel and food stuffs. The products in this nature are heterogeneous and perishable since they best sell only up to the time of departures. Those that are packaged are often inseparable. However, the tour industry is in most cases highly structured with high degrees of specialization in the businesses within it in functions that are driven by the core business. Its structure is largely a function of consumers travel abilities and their selection of travel products that they choose to buy. The travel industry is structured into different forms including; inbound and outbound which refer to offering services to clients from other regions as well as serving clients from the same regions. Short haul and long haul; referring to the type of a market that a client comes from whether near or far away. Operators and resellers; referring to whether the company is moving its own products or the products of others in the market by either taking a commission or charging a mark up. Package Travel, Group Travel, and Independent Travelers; Involves selling the services in a package, this may be spread into package holidays for the group travelers, or personal travelling for certain clients who do not prefer group travel. It is further structured into travel operators which include; travel agencies, outbound tour operators, ground operators, local service providers and travel resellers and portals (Osterwalder, 2009). Tourism industry is one of the leading employment creation world-wide and is among the top-five leading industries in terms of employment creation. It provides a broad scope of support to businesses and service provision across the industry sector. In many countries in Europe and America, tourism business is mainly small to medium in size. Irrespective of size, tourism

Strategic Planning Essay Example | Topics and Well Written Essays - 500 words

Strategic Planning - Essay Example Strategic planning may be one individual’s job, but it gets very risky when it is so. To make strategic planning practicable, it is imperative that teamwork is involved in this process. Strategic planning is based on cooperation among the team members that make it. Different people have specific skills and expertise in different fields. Strategic planning, particularly in the contemporary age, is based on the cooperation of experts having specific skills in distinct fields including technology, planning, and management. Coordination is fundamental to the success of strategic planning. Planning is made strategic when a team of experts from different origins and backgrounds and having association with different organizations, cultures, or subcultures are united at one platform and are told the objective that needs to be achieved. â€Å"†¦engaged leadership in the whole process of strategic planning including the implementation, particularly with regard to the three Cs is t he key to success† (Zomorrodian, 2011, p. 1130). Hence, the role and importance of the three C’s in the process of strategic planning cannot be overemphasized. Strategic planning can be understood as assessment of an organization’s needs for the advancement of its goals and missions in a particular time period. When collaboration is integrated into this process, it provides the organization with a way to exchange knowledge, skills, and competencies with different people participating in the process so that the goals can be modified and development can be ensued. This imparts the need to have enough resources as well as a culture that appreciates and encourages cooperation and teamwork. Cooperation plays the role of a catalyst when integrated in the process of strategic planning as it counteracts competition among the team members. Cooperation means development of