GTP Corporate Travel Policy & Program Management 3

Question 1

Which data source is MOST valuable for identifying opportunities to negotiate better airline rates?

Accepted Answer

Airline market share and city-pair spend analysis

Answer

Traveler complaint logs

Answer

Hotel satisfaction survey results

Answer

Number of visa applications processed annually

Question 2

What is 'bleisure' travel and why is it relevant to corporate travel policy?

Accepted Answer

The combination of business and personal leisure travel on a single trip, requiring clear policy guidance on expense eligibility

Answer

Budget leisure travel booked through corporate channels without approval

Answer

A type of travel insurance covering both business and personal activities

Answer

An executive travel tier that includes luxury hotel upgrades

Question 3

A company's travel data shows a high number of bookings made within 24 hours of departure. What is the MOST likely impact on travel spend?

Accepted Answer

Increased costs because last-minute fares are typically higher

Answer

Significantly lower costs due to last-minute deals

Answer

No impact on cost as airlines price all fares equally

Answer

Reduced spend due to cancellation fee waivers

Question 4

What is the purpose of a Meetings, Incentives, Conferences, and Events (MICE) policy within a broader travel program?

Accepted Answer

To govern group and event travel spending, ensuring consistency, compliance, and cost control for group bookings

Answer

To regulate individual business travel only

Answer

To provide guidelines for booking personal vacations

Answer

To manage procurement of office supplies at event venues

Question 5

Which approach BEST supports continuous improvement of a corporate travel program?

Accepted Answer

Regularly reviewing KPIs, traveler feedback, and market benchmarks to identify optimization opportunities

Answer

Issuing a new travel policy every five years without analysis

Answer

Locking in all supplier contracts for ten-year terms

Answer

Requiring all employees to use the same hotel chain globally

Question 6

What does 'open booking' in corporate travel mean, and what is the main challenge it presents?

Accepted Answer

Allowing travelers to book any supplier they choose, which reduces duty of care visibility and spend data consolidation

Answer

A policy that requires all bookings to be made 30 days in advance

Answer

An online booking tool that integrates with all airline GDS systems

Answer

A hotel contract that allows cancellation up until check-in

Question 7

A Global Travel Professional is tasked with improving program compliance. Which strategy is MOST effective for sustainable, long-term improvement?

Accepted Answer

Combining traveler education, transparent policy communication, and management accountability

Answer

Blocking all out-of-policy bookings with hard stops immediately

Answer

Reducing the number of preferred suppliers to simplify choices

Answer

Issuing disciplinary action for every policy exception