Development of the modern T+T Industry
- Created by: Jordan626
- Created on: 06-05-15 17:32
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- Key Factors which have led to growth and development of the T+T Industry
- Changing socio-economic factors
- Increase in car ownership
- Reasons why there is a rise
- Increased Income
- Cars are more affordable
- Benefits
- faster speed of travel
- don't have to rely on timetables
- Effects
- Environment Problems
- Reasons why there is a rise
- Increase in leisure time
- Reasons why
- Paid holiday entitlement
- Early Retirement
- Flexitime for employees
- Reasons why
- Increase in Disposable income
- Increase in National Economy
- Increase in car ownership
- External Factors
- Legisation
- War, terrorism and Crime
- Fluctuations in currency
- Climate change and natural diasters
- Role of local authorities and the government
- External Factors are things happening outside of the industry. these are beyond control of the industry
- Development in technology
- Transport Technology
- Ferry Services
- Booking Systems
- Global Distribution Systems
- Computer reservation systems
- Transport Technology
- Changing consumer needs and expectations
- Better quality at lower prices
- Flexibility
- Environmentally Friendly
- Product Development and Innovation
- Ski Hoildays, All inclusive, Package Hoilidays
- Changing socio-economic factors
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