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Words: | Submitted: Thu Aug 21 2003
... and Virgin. For each company I have to show: a) How these organisations generate revenue b) What their objectives are c) How they meet their objectives and responsibilities to owners or shareholders. Thomas cook a) Today Thomas cook is one of the worlds leading travel and financial services groups and serves over 20 million customers a year. Thomas cook has three share holders: Preussag (Europe's largest tourist company), Westdeutsche Landesbank (Germany's third largest bank) and Carlson companies inc. (one of Americas largest privately owned companies). Preussag is the majority shareholder with 50.1%. In the UK and Ireland, Thomas cook is a major vertically integrated travel company, owning its own travel shops, tour operators and airline. Thomas cook has 700 shops in the UK and caries 3.4 million passengers a year with its major tour operators, including JMC, the third largest tour operator and airline, Thomas cook holidays, the holidays long haul operator. ...
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