Page 40 - Countertrade
P. 40
Figure 2 shows the tripartite relationship within VOS. The enterprise in Box
A generates its profit. From this profit 30% is paid to the VOS Centralised
Fund - Box B. The Central Board then redistributes this flow of income to
cover their central services for example, to the Training Centre - Box C.
A direct impact of the changed conditions was the emerging
commercialisation of the training arm of VOS. Here the shortfall in revenue
forced a reorientation towards commercially viable activities such as
providing hotel services and rented accommodation. Of more significance
to the enterprises was that they now had to pay a full market rate for any
training they commissioned.
