Introduction: Task 1: Background and history of the company: The organization (initially named Thomson Tour Operations (TTO), and renamed in 1997) was established as a component of the Thomson Travel Group in 1965 taking after the securing of four tour drivers, Skytours, Riviera, Gaytours and Luxitours and the carrier Britannia Airways by Roy Thomson. Serious rivalry proceeded among the four gained drivers that permitted the opponent Clarksons Travel Group to turn into the leading player in the
The Meaning of Vertical and Horizontal Integration Horizontal integration is where an organisation owns two or more companies, on the same level of the buying chain. An example of this is the First Choice Group; they own First Choice Travel Agency and First Choice Hypermarket, both of which are on the same level of the buying chain. The advantage of horizontal integration is that it can increase the company’s market share. Another good example of this type of integration is when EasyJet