Question 1
Which of the following is
not a typical function of tour wholesalers?
◦ tour planning and preparation
◦ tour marketing
◦ tour evaluation
◦ tour administration
◦ tour hosting
Question 2
This is an important feature of the economics of tour wholesaling.
◦ The average return on sales is high.
◦ Fixed costs are greater than variable.
◦ Low returns on equity are likely.
◦ It has relatively low barriers to entry.
◦ Cash flow is not important.