questions. 1. What is an Agency? Agency is a fiduciary relationship “which results from the manifestation of consent by one person to another that the other shall act in his behalf and subject to his control‚ and consent by the other so to act”. A party who employs another person to act in his behalf and subject is called a Principal. A party who agrees to act on behalf of another is called an Agent. Agency is governed by a large body of common law known as agency law. Eg: A real estate broker
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Investigating travel and tourism industry There are 8 main components of travel and tourism industry. They are : 1- Accommodation- this is the most important component in the travel and tourism industry. Accommodation may include hotels‚ guest-houses‚ lodging-houses‚ bed and breakfast‚ inns and motels. 2- Transport- a good transportation system is very important for a travel and tourism industry‚ whether people are on business‚ travelling for leisure or visiting friends and
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Panagbenga Festival is a month-long annual flower festivaloccurring in Baguio‚ the summer capital of the Philippines. The festival‚ held during the month of February‚ was created as a tribute to the city’s flowers and as a way to rise up from the devastation of the1990 Luzon earthquake. TAAL VOLCANO This volcano is located within a lake within a volcano. Intrigue? Taal Volcano that is best viewed when you are in the ridges of Tagaytay. It’s one of the coldest
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My flight arrived in Bangkok after 1 a.m. By the time customs was cleared‚ baggage was claimed‚ and a taxi hailed it was past 2am. We still had a half hour drive into Bangkok. I shared a taxi with a Bangkok veteran. He said Bangkok is a city you can get whatever you want anytime you want. I was looking for sleep at this point after 18 hours in the air and a three hour layover. My cab pulled into my hotel‚ and I was asleep within thirty minutes. Thailand and half the world away would have to wait
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A TRIP AROUND THE WORLD In 1831‚ Charles Darwin received an astounding invitation to join the HMS Beagle as ship’s naturalist for a trip around the world. For most of the next 5 years‚ the Beagle surveyed the coast of South America. Darwin later called the Beagle voyage “ By far the most important event in my life.” By the time he returned he was established naturalist‚ well-known in London for the astonishing collections he’d sent ahead.When he set out‚ 22-year old Darwin was a young university
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CYP36 1.1- Multi-agency working aims to support children and young people earlier to ensure they meet the five Every Child Matters (ECM) outcomes. The five outcomes of ECM state that we need to be working together to achieve the best possible outcomes for children in our setting. These outcomes are: • Be healthy • Stay safe • Enjoy and achieve • Make a positive contribution • Achieve economic well being Multi-agency working brings together practitioners from different sectors and
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The marketing environment of a firm consists of 2 different parts‚ the micro-environment‚ and the macro-environment. The micro environment of a firm is all the actors within a firm which affects its ability to sell final products to its customers. The macro environment‚ are all actor which are potentially harmful‚ and pose a threat towards the firm. The micro environment is affect by 6 actors‚ which are the firm‚ suppliers‚ market intermediaries‚ customers‚ competitors‚ and the public. Within
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PROBLEMS WITH THE AGENCY RELATIONSHIP If you are the sole owner of a business‚ you make the decisions that affect your own well-being. But what if you are a financial manager of a business and you are not the sole owner? In this case‚ you are making decisions for owners other than yourself; you‚ the financial manager‚ are an agent. An agent is a person who acts for—and exerts powers of—another person or group of persons. The person the agent represents is referred to as the principal. The relationship
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Back in October of 2010 I took a trip to Atlanta GA to go to games 3 and for of the Baseball playoff series between the San Francisco Giants against the Atlanta Braves. I stayed there for a total of 3 days and two nights. I spent about $180 for a hotel for two nights plus it also cost me $30 in transportation to the game via the train round trip from the hotel to the stadium plus I also spent $300 for a ticket to game 3 as well as a ticket to game 4. It was a memorable trip for me because I got
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International Oratory Programme in Brunei Darussalam Our trip started on 20th of April 2013‚ fun fact - the day of universal appreciation of marijuana (not that I’m trying to encourage you students out there). We went straight away to Bintulu with a total of 14-hour long road trip and a few pit stops to catch a breath from the humid air and cramped space in bus for which we stayed a night at SM Teknik Bintulu with a great given hospitality. Next day‚ we were told to wake up earlier than 5:00
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