The term ‘Economies of Scale” refers to :
Answer: a firm’s ability to reduce the cost of producing one unit of goods or services as the volume of production increases
The demand for travel to a particular destination is a function of :
Answer:The person’s propensity to travel and the reciprocity of the link between origin and destination areas
Which one of the following is a correct method for carrying out exploratory research ?
Which one of the following cities is the location of Headquarters of “Amadeus” ?
International Air Transport Association (IATA) membership consists of which of the following ?
The term “Economies of Scope” refers to the ability to join resources and produce :
Answer: Two or more distinct products or services from the same company compared to providing them from two different companies
One of the following is not the typology of tourists classified by Cohen in 1972 :
The first passenger ship that took the passengers from the Great Britain to the United States in the year 1838 was :
The process of denying boarding to airline passengers with confirmed reservations due to overbooking or overselling of flight is termed as :
Which airlines introduced commission cap and put a ceiling on payments to travel agents for domestic tickets in the year 1996 ?
In which year the first scheduled railway service was inaugurated in Europe ?
International Union of Official Travel Organisation (IUOTO) established in 1947 was transformed into an intergovernmental technical body on 2, January 1975, as :
Which one of the airlines is the first carrier to accept online bookings and take payment through a website on the internet ?
IATA divides the world into three areas on the basis of Fare Construction. They are commonly known as Traffic Conference (TC) area 1, 2 and 3. The TC-1 comprises :
Answer: North and South America and Islands adjacent there to
A round trip that allows the passenger to utilize different points of origin or departure is called :
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