OVERVIEW ABOUT CONVENTION
ASTA(The American Society of Travel Agents)
The world's largest association of travel professionals
More than 20,000 members from 140 countries across the world
2007 ASTA International Destination Expo in Jeju, Korea
Duration : March 25, 2007 ~ March 29, 2007
Bi-annual General Assembly at home and abroad to strengthen the
expertise and networking of its mem
“What you want” is essential
Clear objectives are key
Cross functional team is a necessity
A good contract requires a lot of data
Create a Shared Vision
Include Effective Performance Measures
Use Performance Incentives and Penalties
Establish Clear Communication Mechanisms
Develop a Clear Contingency Plan and Exit Strategy
Manage People Issues
Terms of the Agreement
Minimum S
of purposes
First are categorical grants. That is grants that must be used for particular objectives as specified by the donor and agreed to by the recipient. (특정한 목적에 사용됨)
Second are so called block grants which provide assistance for fairly broadly defined functions (e.g., community development, social services) and leave the recipient more discretion in determining the prec
of net earnings is extremely low which means their business is not going well.
Balance Sheet - Common Size
Assets
AMR Corp Korean Air AMR Corp Korean Air
2007 2007 2006 2006
Cash 0.5% 4.5% 0.4% 3.3%
Accounts Receivable 3.6% 4.6% 3.4% 4.4%
Short-term Investments 15.4% 0.1% 15.8% 0.1%
Inventories 3.6% 1.8% 3.4% 1.6%
Fuel Derivative Contracts 1.5% 0.0% 0.1% 0.0%
Other Current Asse
and bidding on auctions is free of charge.
The binding contractof the auction is between the winning bidder and the seller only.
Current ratio is a measure of short-term liquidity.
The unit of measurement is either dollars or times.
A relatively high net profit margin is
obviously desirable. This situation corresponds
to low expense ratios relative to sales.