10 Questions
True or false: Corporate travel management refers to the strategic management of a company’s approach to travel.
True
True or false: A comprehensive travel management program aims to integrate and fulfill the needs of various stakeholders.
True
True or false: Travel management companies (TMCs) provide only the basic day-to-day travel services to corporates.
False
True or false: For employees, travel management plays a role in keeping them safe and productive while traveling on business.
True
True or false: Travel and procurement managers do not benefit from travel management programs.
False
True or false: Travel companies can benefit from using a corporate travel agent?
True
True or false: Corporate travel agents are responsible for booking flight tickets, accommodation, car rentals, transfers, and business events?
True
True or false: Corporate travel agents can help travel companies gain more customers?
True
True or false: Corporate travel agents often rely on GDS (global distribution system) for finding the right accommodation, flights, and transportation?
True
True or false: GDS is an important distribution channel for hotels to connect with corporate travel agents?
True
Study Notes
Corporate Travel Management
- Corporate travel management refers to the strategic management of a company's approach to travel.
Travel Management Programs
- A comprehensive travel management program aims to integrate and fulfill the needs of various stakeholders.
Travel Management Companies (TMCs)
- Travel management companies (TMCs) provide more than just basic day-to-day travel services to corporates, offering a range of services.
Employee Safety and Productivity
- Travel management plays a crucial role in keeping employees safe and productive while traveling on business.
Travel and Procurement Managers
- Travel and procurement managers can benefit from travel management programs.
Corporate Travel Agents
- Corporate travel agents can be beneficial for travel companies, helping them gain more customers.
- Corporate travel agents are responsible for booking flight tickets, accommodation, car rentals, transfers, and business events.
Global Distribution System (GDS)
- Corporate travel agents often rely on GDS (global distribution system) for finding the right accommodation, flights, and transportation.
- GDS is an important distribution channel for hotels to connect with corporate travel agents.
Test your knowledge on the four pillars of corporate travel management, including vendor negotiations, daily operations, safety, and security in this quiz.
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