This report analyzes the impact of global events, such as the Olympics, on the economy, environment, and society. It provides recommendations for successful event hosting.
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Executive Summary The Global event is described as an event which is organised for limited time period and reach at global level. Event is organised at an international level need appropriate amount of investment in the public that imposes direct impact on the population. Global event is determined as a significant for country that assists in increasing the whole development of economy. In addition to this, they appropriately provide their contribution towards tourism sector that generate employment. There are various issues which are faced by the country which imposes both favourable and adverse impact during particular phase of time period. In addition to this, Olympics games is determined as important event which is conducted in various countries and determined as global foremost competition related to sport in around 200 nations.Apart from this, there are various perspectives such as environmental, social as well as international business administration is also explained in references of appropriate organisation of specific events.
Table of Contents Executive Summary.........................................................................................................................2 INTRODUCTION...........................................................................................................................4 Analysis............................................................................................................................................4 CONCLUSION................................................................................................................................7 Recommendations............................................................................................................................8 REFERENCES................................................................................................................................9
INTRODUCTION The Global event is described as event that is organised for limited time period and reach at global level. Event is organised at an international level need appropriate amount of investment in the public that imposes direct impact on the population. Global event is determined as a significant for country that assists in increasing the whole development of economy. In addition to this, they appropriately provide their contribution towards tourism sector that generate employment. There are various issues which are faced by the country which imposes both favourable and adverse impact during particular phase of time period.There are different issues and problems arise related to tax rate, political situation country.There are various methods which are adopted for increasing benefit and also it help in eliminating challenges related to hosting Olympics. This assignment involves introduction with analysing three perspectives. It includes an explanation regarding different impact related to hosting Olympics. Olympics are determined as a well-known global event which attracts lot of participants from various countries and is organised once in every four years. Event which is conducted at international level include huge amount of investment and time for increasing profit in future period of time. Apart from this, there are various adverse influences that occur due to lack of excitement from the public side, political instability as well as poor situation of atmosphere and many more. Therefore, this report provides discussion regarding recommendation which is connected to three perspectives which have selected and assessed in the section of analysis during particular phase of time period (Klegeris, Gustafsson and Hurren, 2018). Analysis Olympics games is determined is a leading Global event which attracts participants related to sports around the globe and involve various summer and winter competition In addition to this, the Global games conducted in every year and the primary purpose of this game involving cultivating human being and provide contribution in respect of sports. The primary purpose of this assignment is to assess different barriers which are confronted while organising international or global event during particular phase of time period.There are three kinds of perspectiveinvolvingsocialperspective,businessadministrationperspectiveaswellas environmental perspective and many more.It has been identified that while bidding, there are
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various factor or element which can determined as a barrier such as lack of support from citizen side of country. Hence, there are various perspectives which is going to be mentioned below: EnvironmentalperspectivethecountryfocusesonbiddingforOlympicsgamesis determined as a goal or objective of increasing whole economy. There are various services which offer probability of increasing development related to sport(Walther, Miller and Sochacka, 2017). When an international event such as Olympic game is organised, it is significant to possess appropriate planning during particular phase of time period. Therefore, the lack of appropriate planning can generate different kind of barriers for nations. Most of the individual person from various countries participates in different activities that are determined as a part of games. The different environmental resources is utilised in appropriate way for make sure that the level of influence on environment is minimised to maximum. The cost and price of maintenance must be justified and activity related to event must be planned accordingly. And increase in the level of tourism of nation can impose a direct impact on environment or atmosphere in adverse manner For instance, there are various environmental impacts that involve change in weather condition, increase or enhance in carbon footprint and many more. The Olympic Games are organised during winter and summer season. Therefore, the planning which is made for winter Olympics is determined as a lot of planning. The size of country which is hosting event can impose a direct influence on reward which is provided to participant. This small country has focuses on restricted area to organise different activity during particular phase of time period. It helps in increasing the investment level for developed countries as compared to developing nations. There are various environmental perspective involve increase in rate of pollution of nation. But there are various advantages such as implementation of innovative technology for conducting different task in proper way(Wu and Li, 2018). International business managementlocal business and residence don't take advantages from event. If the resident who is located in local country decides to participate in Olympic Games then there is a huge amount of investment required for entertainment during particular phase of time period. For large company, discounts are offered with access of services to its participants of game as compared to its small organisation. Therefore, during event, there are different kind of job opportunities which is provided to its participant in order to fill available vacancy during particular phase of time period for which it is necessary to gather finance that are usually spend on different kind of activities related to event. All these processes help in make
sure that global event is organised successfully and it helps in enhancing the whole economic development of country(Messenger and Bloisi, 2020). Social perspectivecan provide their contribution in respect of success and growth of events. There are different kinds of aspects that can be determined while organising global event named as Olympic Games. The bidding country increase their understanding level that help in organisingeventinsuccessfulmanner.Thebiddingisdeterminedasanimportantin manipulating or influencing public to participate in event. If the public of country believes to support their event, the whole benefits can be increased while the Government of country focuses on hosting event. The country focuses on increasing facility related to sports for hosting event. Therefore, Olympic Games is determined as a great deal for nation and they also provide a different kind of sports services, entertainment games for local resident during the period of time (Bonesso, Bruni and Gerli, 2020). Apart from this, it is necessary to analyse, the participant is capable to execute their performance in an appropriate manner and that influence society and overall world during a particular phase of time period. There are various intangible benefits for country hosting International events like Olympic Games. These can involve in enhancing entertainment level of individual person with increase in moral of participants. It has been analysed that whole procedure for host country is very important in contributing towards whole motivation level of participation. There are various nations in which it is necessary to provide a brief plan that signifies vision, background, finance, venues, promotion, security as well as other aspects. It is used in maintaining a proposal that is not considered as an attractive but it also provides a contribution in winning bid in an appropriate manner(Bäckström and Gustafsson, 2017).
CONCLUSION On the given information, it has been analysed that Global event is conducted at international level. There are various occasion named as Olympic games, it is determined as a global events of sport that attract a large number of international people of all social position, race, age and many more. Therefore, in order to conduct Olympic into specific country then their national authority provide bidding for this. It has been analysed that there are different kind of perspective which are determined as economic, social and international business administration which imposes direct impact on occasion during particular phase of period. Ecological influence, due to change in the environment, carbon footprint as well as many more which impose direct impact on occasion named as Olympics. In winter season, there are various activities such as Ski Jumps as well as bobsled tracks impose direct impact on nation. Therefore, for conducting Olympics, it is necessary to fulfil or maintain the expenses which are charge in holding event in an appropriate manner. The size of country have imposes direct impact on providing award to winter sports. In assistance of this, the building as well as hosting country increases their knowledge regarding appropriateness of social support that help in using media and take public suggestion during particular period of time. And the government increases their involvement in bidding in order to conduct Olympics. Therefore, the excitement of individual person increases profitability level of country in future period of time. It has been analysed or determined as an optimistic and imposes direct influence on the Olympic village as well as infrastructure project and that increase standard of living of individual person of nation. In addition to both perspectives, there are various factors which impose direct impact on country named as International Business Administration. It has been analysed that the nations are increasing their experience level related to equal fiscal improvement, the incentive is related to less tangible as well as more related to status. Therefore, the local as well Federal government increase their attraction towards enhancement in finance and hosting Olympic game in an appropriate manner. They also provide advantage that is linked to expanding their business in tourism sector and international promotion is organised for specific sports Recommendations As per preceding explained assessment, it is assess that the higher authority of particular nation is bidding in order to conduct Olympics into nation. In context of this, it has been
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identified that there are various positive and negative impact on organising such kind of occasion. These suggestion or explanation helps in improving advantages and also removing issuesofconductingspecificeventinparticulararea.Therefore,therearedifferent recommendations that are going to be mentioned below: In context of social perspectiveit has been analysed that host country focuses on improving their policy that provide support to this type of occasion related to bidding activity such as Global Olympic Committee which is established their agenda in 2020 and show process of bidding appeal. When a nation provides their entrance into bid to host or organised Olympic Games so that the vision is to provide innovative sporting facilities as well as other project that help in increasing job opportunity to individual person of nation and also increases growth in future period of time. In context of environmental perspectiveit has been analysed that the host country focuses on increasing their knowledge regarding various site related to environmental condition like climate and so on. In addition to this, they increase their concentration on implementing appropriate planning that decreases the cost of expenses and improvement or enhancement in infrastructure. In context of International Business Administrationit has been assess that the host country focuses on implementing global level endorsement as well as publicity so that it attracts large number of individual person to attend these kind of occasion. It is advantageous or beneficial in improving tourism as well as hospitality organisation that is helpful in fiscal improvement as there is a more chances of having more for conducting different activities in proper way.
REFERENCES Books & Journals Klegeris, A., Gustafsson, E. and Hurren, H., 2018. Comparison of student marks obtained by an assessment panel reveals generic problem-solving skills and academic ability as distinct skill sets.Compare: A Journal of Comparative and International Education,48(5), pp.674-685. Messenger, H. and Bloisi, W., 2020. Experience, skill and competence: boundary spanning capabilities for leadership and management of transnational education. InLeadership Strategies for Promoting Social Responsibility in Higher Education. Emerald Publishing Limited. Walther, J., Miller, S.E. and Sochacka, N.W., 2017. A model of empathy in engineering as a core skill,practiceorientation,andprofessionalwayofbeing.JournalofEngineering Education,106(1), pp.123-148. Bonesso, S., Bruni, E. and Gerli, F., 2020. How Big Data Creates New Job Opportunities: Skill ProfilesofEmergingProfessionalRoles.InBehavioralCompetenciesofDigital Professionals(pp. 21-39). Palgrave Pivot, Cham. Bäckström, S. and Gustafsson, M., 2017. Skill, drill, and intelligent performance: Ryle and intellectualism. Wu, B. and Li, Y., 2018, October. Design of evaluation system for digital education operational skill competition based on blockchain. In2018 IEEE 15th International Conference on e- Business Engineering (ICEBE)(pp. 102-109). IEEE.