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Test your basic knowledge |
Travel Business 101
Start Test
Study First
Subjects
:
hospitality
,
industries
,
business-skills
Instructions:
Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Plan expressed in terms of money
Trust Accounting
Budget
Payment in FUll usually due
Bad debt
2. Inform clients of policies for management of personal info - make the policies EASILY Available an easy to understand for clients and staff
Co-Signer
How to develop trust and rapport with customer
Before hanging up...
PIPEDA: Be Open
3. Identify why personal info is needed - how it is used - document why it is collecte - EVERY item (ie. date of birth) - Inform clients why its needed - get consent when using information for NEW purposes.
6 mechanisms to protect clients
PIPEDA: Identify the Purpose
Financing
Financial Statement
4. Shows how much money came in (revenue) and how much was paid out (expenses) - Revenue - Expenses = Profit
Compensation Fund
Asset
Income Statement
Capital
5. Always include a subject heading - Provide sufficient detail (ie. contact info) - Address the receiver by name in the opening sentence - Address the receiver by name in the opening sentence - Keep your message concise - Check your email at least once
Equity Capital
E-Mail/Computer Etiq.
Profit & Loss Statement
Purpose of Travel Compensation Fund
6. Ontairo - Quebec - BC
Max amount a person can claim for?
Photos on Ads - Rules
Provinces with Travel Protection
Differences between Mega Agency - Consortia - and Franchise
7. Alternate - replacement products - services available but not received - (ie. cancel res - insurance premiums - won free trip but company didn't give it to you - counseling fees)
Travel Agent
What is NOT covered by FUND?
Cubicle Etiquette
Truth in Advertising
8. Mimic speech patter - mimic tone - use customers own language - repeat their words to verify
Provinces with Travel Protection
Co-Signer
How to develop trust and rapport with customer
PIPEDA: Obtain Consent
9. That Which is OWED (liabilities)
Debt
Max amount a person can claim for?
PIPEDA: Be Accountable
Difference between travel agency and traditional retail store
10. Service paid for 21 days in advance - wholesaler must forward documents - Agent must go over and check all documents and wholesaler cannot refuse to provide a service if the customer has paid agent already - Check for price increases -- no more than
7 Main Online Agencies
How must you verify the Wholesaler documents
Travel Agent
Account
11. Business name - address - registration number
All Written Representations must include
First Impression/Meeting Etiquette
WRA - Wholesaler Remittance - DBA - Deposit Balance Advice
Registrant
12. Failrure to pay debt or meet obligation
PIPEDA: Identify the Purpose
Five telephone offences
Account
Default
13. Org. or individual that sells travel services but isn't reg'd in ontario
Non-Registrant
Bad debt
Booking form
Income Statement
14. Deposit - final payment - accomm and transport. details - total price - cancellation terms and charges - availability of and cost of insurance - refund policy
Guidlines for Brochures
E-Mail/Computer Etiq.
ACTA
All Written Representations must include
15. Say GOODBYE - wiat for THEM to hang up
What is covered by FUND?
Provinces with Travel Protection
WRA - Wholesaler Remittance - DBA - Deposit Balance Advice
Before hanging up...
16. Has to be a defined procedure - develop and easy accessible complaint procedure - inform those who complain how you will recourse
Default
List all industry FORMS
PIPEDA: Provide Recourse
Bad debt
17. Recognize an invisible door exists - Don't interrupt someone on the phone with 'sign language' - Be aware of how your voice projects - Don't use your speaker phone - Don't discuss confidential matters (or gossip!) - Minimize personal phone calls - Re
Items in Message Kit
Before hanging up...
Photos on Ads - Rules
Cubicle Etiquette
18. Every agency pays into this by % to fund those needing to be compensated
Trust Accounting
Compensation Fund
Booking form
What is covered by FUND?
19. As host - arrive at restaurant at least 10 minutes early - As host - always offer the client the preferred seat - Select silverware from the outside in - Wait until all guests are served before you start eating - If you must leave table - place napki
Compensation Fund
Rebate
Restaurant Etiquette
Operating costs
20. When making a number of photocopies - let a co-worker making a single copy go first - don't walk away when machine indicates a problem ie. toner or paper jam - clean up after yourself - don't take other people's food from the fridge
PIPEDA: Identify the Purpose
Shared Equip. Etiquette
Account
Debt
21. Decrease in value thru age - wear or deterioration
Inclusions on Travel Agency Invoice/Recipet
Depreciation
Debit
Photos on Ads - Rules
22. Joing signer of loan agreement
E-Mail/Computer Etiq.
Co-Signer
How many time should phone ring before asnwering
Cheque Requisition
23. Record of What is owed to you - credit accounts
Accounts receivable
registration system
Wholesaler
WRA - Wholesaler Remittance - DBA - Deposit Balance Advice
24. Protect consumers who purchase services form Ontario reg'd retailers - no matter where they live -
When are documents provided for services
Purpose of Travel Compensation Fund
Wholesaler
Max amount a person can claim for?
25. Anythign of worth that is owned
Depreciation
Shared Equip. Etiquette
Debt
Asset
26. I don't know - I can't do that - Hang on a second - You have to... - NO (at start of sentence)
Five Forbiddon Phrases
Profit & Loss Statement
Registrant
Budget
27. List of the revenues and expenses for a business - also called 'Income Statement'
PIPEDA: Be Open
Cheque Requisition
PIPEDA: Give Individuals Access
Profit & Loss Statement
28. Sells to consumer - travel services provided by another person/company
Compensation Fund
Travel Agent
Capital
PIPEDA: Be Accountable
29. Tangibility!! - compensation at retail store is based on MASS amounts of product being bought and marking UP - compensation at agency is commisison - overrides - etc.
Compensation Fund
Difference between travel agency and traditional retail store
Co-Signer
PIPEDA: Be Accountable
30. Can't make false or misleading statements
Truth in Advertising
Non-Registrant
Compensation Fund
Trust Accounting
31. Anyone who sells travel services or provides travel advice on behalf of reg'd ontario agency
Asset
List all industry FORMS
Who must get TICO
WRA - Wholesaler Remittance - DBA - Deposit Balance Advice
32. Must have certain knowledge and expertise
Supervision/Educational Req
Bad debt
PIPEDA: Identify the Purpose
Receipt
33. Booking form - Receipt - Cheque Requisition - Vouchers (Prepaid - Confirmation - Airport Exchange)
Compensation Fund
Debt
List all industry FORMS
Receipt
34. Must say artist render if a drawing - must be up to date and accurate
Depreciation
Photos on Ads - Rules
Net
Major Regulatory Bodies in Canada (Conferences)
35. Extend a confident handshake and make eye contact - Basic introduction - mention name of higher status person first - Use their last name until invited to do otherwise - Never arrive too early - makes it awkward
First Impression/Meeting Etiquette
When must an invoice be provided
Who must get TICO
Accounts receivable
36. Whats left after deductions
E-Mail/Computer Etiq.
Debit
Five Forbiddon Phrases
Net
37. Once paid in full to agent - then the wholelsaler can send to agent - if paid for at least 21 days in advance - the wholesaler must forward at least 14 days prior to departure - Agent must verify all these docs first
3 Steps to Handling Angry Customers
When are documents provided for services
Max amount a person can claim for?
Debt
38. Trained professional who is skilled at keeping business records
fixed expenses
Guidelines for Advertising travel services
Before hanging up...
Accountant
39. Use by agency chains to forward payment to non-BSP supplier
Override
PIPEDA: Give Individuals Access
WRA - Wholesaler Remittance - DBA - Deposit Balance Advice
Gross
40. Money collected from consumer must be put into trust account to be used only for their travel purchases
registration system
Representations
Trust Accounting
Restaurant Etiquette
41. Given whenever payment of any kind is made - itemizes details of booking - (invoice)
What is NOT covered by FUND?
Debt
Rebate
Receipt
42. Protect personal info against loss or theft - how you will Prevent thefts - etc - Safeguard info from unauthorized access - how you will keep it safe.
Guidlines for Brochures
Vouchers
PIPEDA: Use Appropriate Safeguards
All Written Representations must include
43. Change in price - carrier - times - dates - quality of stay - offer refund or replacement - schedule departure delayed 18-24 hours
What changes that might affect purchase must be told to client
Payable
Financing
When must an invoice be provided
44. 45 days in advance (package holiday)
WRA - Wholesaler Remittance - DBA - Deposit Balance Advice
7 Main Online Agencies
PIPEDA: Use Appropriate Safeguards
Payment in FUll usually due
45. Mandatory with TICO - cannot open doors unless have TICO reg.
Information to be disclosed to client PRIOR to sale to client
registration system
Account
Accounts receivable
46. Whenever a payment is made
When are documents provided for services
PIPEDA: Be Open
PIPEDA: Obtain Consent
When must an invoice be provided
47. All details of reservation - made when booking is in process - ALWAYS completed - clear format
WRA - Wholesaler Remittance - DBA - Deposit Balance Advice
Vouchers
Booking form
Purpose of Travel Compensation Fund
48. Ready and waiting to be paid
Photos on Ads - Rules
E-Mail/Computer Etiq.
Payable
Before hanging up...
49. Franchise is privately owned and already have an identity that you buy into - Mega hae offices in many cities and act as a supermarket - Consortia are a group of independent agencies that formed to get the same benefits of megas
Restaurant Etiquette
Differences between Mega Agency - Consortia - and Franchise
Who must get TICO
Rebate
50. Expenditures arising out of current business activities ie. salaries - electriity
PIPEDA: Give Individuals Access
Account
Operating costs
Capital