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An Analysis of the Travel Agents Business in the UK Market

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The paper "An Analysis of the Travel Agents Business in the UK Market" is an engrossing example of coursework on business. Tourism in the current era is gaining prominence as one of the foremost sectors in the global industrial purview. The increased level of information sharing has been identified to be enhancing the inclination of people to visit different locations across the globe…

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An Analysis of the Travel Agents Business in the UK Market

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Subject: Business
Type: Coursework
Level: Undergraduate
Pages: 20 (5000 words)
Downloads: 0

Extract of sample "An Analysis of the Travel Agents Business in the UK Market"

An Analysis of the Travel Agents Business in the UK Market

Table of Contents

Introduction4

Industry Sector Summary of Industry5

Background5

Size7

Developments over the Last 5 Years7

Environmental Analysis9

PEST9

Political10

Economic11

Social12

Technological12

Porter’s 5 Forces13

Potential Entrants15

Suppliers & Partners16

Customers16

Substitutes17

Rivalry18

3. Evaluation of the Competitive Nature of the UK Tourism Industry18

Conclusion23

Appendices24

1. PEST Analysis24

Political24

Economic24

Social25

Technology25

2. Porter’s Five Forces26

Suppliers’ Power26

Threats of substitute27

Buyers Power27

Threat of New Entrants28

3. Advantages and Disadvantages29

Advantages29

Disadvantages29

4. Limitations of the chosen Technique30

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