Flashcards in Keywords list - Unit 1 Deck (136)
The movement of people to countries or places outside their usual environment for either personal or business reasons
United Nations World Tourism Organisation
The agency for World tourism, responsible for the promotion of responsible, sustainable and universally accessible tourism
Someone traveling within their own country and staying away from home for at least one night
Someone taking a day trip with no overnight stay
Someone entering a country for the purpose of tourism
Someone leaving their own country to travel to another country for the purpose of tourism
Two or three days’ holiday, often at a weekend
Stag or hen party
A group of men or women celebrating the marriage of their friend, usually shortly before the wedding takes place
Visiting friends or family (VFR)
Tourists who are staying overnight with a friend or family member.
Tourists travelling for a specific kind of holiday for e.g. adventure, health, education, heritage or culture, a gap year, conservation, sustainable tourism, special interests, hobbies or sports, weddings and honeymoons
Tourists travelling for their own pleasure and enjoyment or to take a relaxing holiday
People travelling for business reasons, could include MICE – meetings, incentive travel, conferences and events
A trip or holiday that is given to an employee for reaching their targets or for extremely good performance in their job
Trips that do not include an overnight stay. People on day trips are not counted as tourists because they are not staying away from home.
A business run by a self-employed individual
Responsibility that is limited to some extent (such as up to a maximum amount of money)
When a company is unable to pay its debts
Legally responsible for something
Private limited company
A business owned by shareholders who invest in the business in return for a share of the profits
The owners of the shares (either individuals or other companies)
Units of ownership of a company offered for sale to raise funds for the company
Public limited company (plc)
A business owned by shareholders that can sell shares to the public
A place where shares are bought and sold
A share of a business’s profits that is paid to a shareholder
When a business is making enough money to ensure that its revenue covers its costs
Public sector organisations
Organisations that are owned and funded by the government. Can be national or local level. Overarching aim is to provide value for the funding they receive.
Voluntary sector organisations
Many voluntary sector organisations are charities. They receive funding from a variety of sources. They may have paid staff but will often rely on volunteers.
A gift of money or property given away by the owner after their death.
Something that can be handled and touched, such as reserving a seat on a bus