Analysis of Global Events: Perspectives and Impacts
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Added on  2023/01/03
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This report analyzes global events like the Olympic games from environmental, social, and tourism perspectives. It discusses the impacts of hosting such events and provides recommendations for successful hosting.
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Executive Summary A global event can be referred to as an event that is conducted at a global level and attract people from all over the world. In order to host a global event, countries make bids to their governments. Olympic games is a global event that is conducted every four years and attracts people from different countries to participate in the activities. There are various perspectives that have to be kept in mind such as environment perspective, social and tourism perspective.
Table of Contents Executive Summary.........................................................................................................................2 INTRODUCTION...........................................................................................................................1 ANALYSIS......................................................................................................................................1 CONCLUSION................................................................................................................................4 Recommendations............................................................................................................................5 REFERENCES................................................................................................................................6
INTRODUCTION Events can be defined as occasions that allow interaction among people and there are different types of events based on their purpose. Different events have their own purpose and include various activities that are associated with various purposes. Global events can be referred to the events that are conducted at a global level. Based on the information that has been provided by the OECD, global events can be referred to as a phenomenon that take into account things for the short term. Their primary aim is to have an international reach among people so that a greater number of people are attracted to attend the same (Gruzdev and et.al., 2018). Global events are usually conducted based on the investment that they receive from different people. This is because they can have a great impact on the population of a country by developing an atmosphere that encourages participation. There are different types of events, Olympics being one of the examples. Olympics is a global event that takes place once every four years and attracts participants from all over the world. The report includes an analysis about events that take place globally like the Olympics as well as the various barriers that affect the same. The report considers three perspectives and with the Olympic games expanding its reach in the world, makes the IOC model to be implemented successfully at an international scale. There is also an analysis of the positive as well as negative effects of the Olympic games, the different categories of economics, tourism and infrastructure, political as well as structural factors and how do they influence the Olympic games (Hutchins, 2017). When different nations enter into bids to being the host of the games, the level of excitement among the people increases. As a result, there are various advantages for the city where the games are to be hosted. But on the other hand, there can be certain issues that can come up during the process, like a lack of involvement from the community or society, poor environmental conditions etc. 1
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ANALYSIS The Olympic Games is consider as the major international sports events that held in huge level. This is a global event which occurs in four years and it capture large market area. The Olympic Games consist of huge global interest of individual of different race, age, gender, social position and many other aspects (Heustisand et. al., 2019). This is significant sports in transforming them in domestic as well as international happenings. It is essential to analyse and evaluate different factors that will lead to have significant impact on The Olympic Games events. It has been analysed that there are several factors that could lead to barriers while happening of The Olympic Games events. The major factorsare environmental, tourism, hospitality and event industries as well as social aspects. All of these factors will lead to have major impact on overall performance or efficiency of event. By analysing these factors along with these impacts The Olympic Games events will be able to successfully or effectively performed in market area. It has been analysed that support of public is significant for successfully performing event practices as well as The Olympic Games bid. Where as lack of support from public can lead to destroy a bid. The Impacts on the business Olympic game event can be consider as the advantage of the business sector as it will lead to positively influence performance of business. It is has been analysed that bidding of government for Olympic Games events needs to consider its impact on business. Through this, it is opportunity of business to grow and develop its organisationby offering products and services to large market area. Olympic Games events will lead to have major affect over business practices along with its sales. This will have significant affect over increasing practices or operationsofdifferentbusinessindustriesorsectoralongwiththisimprovingoverall profitability. It is crucial for government to consider to the impact on business of the Olympic Games events along with this analyse advantages or disadvantages on the business practices of these events. It is essential for organisation to improve overall performance and efficiency as well as increasing positive factors. Through Olympic Games events business will be benefited by various aspects such as increase in number of sales, profitability, enhance customer base as well as get various growth opportunity. During the Olympic Games events in respective market there is improvement or enhancement in sales or profitability of this sector (Leal and et. al., 2018). It has been analysed that there will be logistical challenges of hosting the event in the country. Due 2
The impacts from a social perspective Social perspective can be describe as the factors that is related to society and its citizens. The impact from social perspective consist of intangible benefitssuch as social cohesion, morale, entertainment along with others aspects that are significant for individual. Regeneration opportunities are consider as part of social perspective and it will lead to have huge influence over Olympic game events. The major concern about the event for public help are extraordinary to the point that the International Olympic Committee established Agenda 2020 to guarantee the offering movement request (Gruzdev and et. al., 2018). Offering country recognize the centrality of society backing to the level that the utilization of the media sway general feeling is regular practice. The general public and public controlled through the media to see that the benefits of the occasions exceed the costs. With the assumption of advantages, the public help for society frameworkadvancementandspeculationisinevitable.Atthepointwhenacountryor government go into offers to have the Olympic Games, public energy augments in the likelihood of acknowledging preferences to the country foundation before the Games starts. With vision of thenewbrandishingofficesanddifferenttasks, expectationfor work creationdevelops. Directing the Olympic Games takes a lot of viability for the host nation and social orders where the games will be start and occur. New games fields, Olympic towns and framework ventures, change the substance of the city for good. The enormous number of individual partaking in the Games simultaneously in similar city at various huge scope metropolitan events, generously alterations the life of its residents. This is an important illustration of a worldwide occasion impact over a general public. CONCLUSION From the above report, it can be concluded that global events are important for the overall economic development of a nation. These can be referred to as events that are conducted at a global level and attract a large number of people from all across the world to participate in them. Olympic games is one of the most famous global events that is conducted every four years. There are a lot of sports activities that are conducted during the event. This is based on the interest, different forms and positions. People of different age groups participate in the same based on their individual interests. In order to host Olympic games, different countries make bids 4
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tothegovernment.Fromtheaboveanalysis,ithasbeenanalyzedthattherearethree perspectives, the tourism perspective, environmental as well as social perspectives.It has also been analyzed that the different nations are experiencing an overall development of their economies. Recommendations By analyzing the above report, there are certain recommendations that can be made for the government as well as the countries that make bids in order to host the event. There can be certain positive as well as negative impacts of hosting a global event, such as the Olympic games. There are recommendations that have been provided, are in respect of maximizing the overall benefits as well as reducing the challenges for the host country (Saunders,2020). Some of the recommendations are that the host country is recommended that it should develop a policy that will support in conducting such events and ensuring that there are appropriate facilities available for conducting the same effectively. Not only this, the policy will also help in making successful bids for conducting the Olympic games. Therefore, when a country will enter the bidding process, its vision for new sporting facilities along with other projects can also be observed. These outcomes can be related to the generation of employment opportunities for people, development of effective infrastructure etc. Apart from this, it is also recommended that the host country should have knowledge about the weather conditions. Effective planning will play a vital role in making sure that the event is conducted in a successful manner. This will not only help in reducinganykindofextraexpenses,butalsoenhancetheoveralldevelopmentofthe infrastructure. Various promotional methods should be used in order to attract a greater number of people not only to participate in the activities, but also attend the event as tourists. this is because conducting a global event can also significantly contribute to the overall development of the country.Thus, if the host country takes into account all of these recommendations, they will be beneficial for it and help it in conducting the event in a successful manner. 5