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TAP Test- Chapter 1 Overview of the Travel and Tourism Industry Verified 100% Correct!!

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TAP Test- Chapter 1 Overview of the Travel and Tourism Industry Verified 100% Correct!! ASTA American Society of Travel Agents Benefit A positive result that a feature brings to a particular client Business Travel Or Corporate Travel- includes all trips that are purchased by businesses and made for their purpose Commission a fee or percentage of a sale Commodity Something that varies little and has the same value everywhere Conference System a system by which a group of suppliers controls the sale of their product, appointing agents to sell it and establishing a standard contract Demographic Segmentation the process of categorizing people according to characteristics such as age, sex, or marital status Dependables people who value familiarity and comfort who tend to visit popular places/ and return to the same ones again and again Distributor A company that acts as a intermediary between suppliers and travelers Familiarization Trip A trip offered to travel professionals at a reduced rate so they can inspect hotels, restaurants, and sample area attractions and services Feature An inherent characteristic of a product or service High Season The season when rates and traffic peak Hospitality Industry supplies hotel accommodations and food and beverage services Incentive Travel A prize or reward for employees usually for productivity or sales performance Leisure Travel Travel done for pleasure (travel to visit family or friends generally included.) Low Season The season when rates and traffic are at their lowest (value season) Marketing A series of decisions and actions taken by a seller to create a match between consumer's preferences and a product or service Market Segmentation

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TAP Test- Chapter 1 Overview of the Travel and Tourism
Industry Verified 100% Correct!!
ASTA
American Society of Travel Agents
Benefit
A positive result that a feature brings to a particular client
Business Travel
Or Corporate Travel- includes all trips that are purchased by businesses and made for
their purpose
Commission
a fee or percentage of a sale
Commodity
Something that varies little and has the same value everywhere
Conference System
a system by which a group of suppliers controls the sale of their product, appointing
agents to sell it and establishing a standard contract
Demographic Segmentation
the process of categorizing people according to characteristics such as age, sex, or
marital status
Dependables
people who value familiarity and comfort who tend to visit popular places/ and return to
the same ones again and again
Distributor
A company that acts as a intermediary between suppliers and travelers
Familiarization Trip
A trip offered to travel professionals at a reduced rate so they can inspect hotels,
restaurants, and sample area attractions and services
Feature
An inherent characteristic of a product or service
High Season
The season when rates and traffic peak
Hospitality Industry
supplies hotel accommodations and food and beverage services
Incentive Travel
A prize or reward for employees usually for productivity or sales performance
Leisure Travel
Travel done for pleasure (travel to visit family or friends generally included.)
Low Season
The season when rates and traffic are at their lowest (value season)
Marketing
A series of decisions and actions taken by a seller to create a match between
consumer's preferences and a product or service
Market Segmentation

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