Impact of Hosting Olympic Games: Perspectives and Recommendations

This assessment explores the impact of hosting Olympic Games from environmental, social, and international business management perspectives. It also provides recommendations for improving the benefits and resolving complexities of hosting such events.

Academic and
Professional Skills

Executive Summary
International event or global occasion indicates to that activity and programs that are
conducted in diverse countries of the globe. These occasions are activity of a limited time period
that have global reach, need significant public investment and have an impact in the population
and create environment. Olympic Games is the major event that is hosted in diver countries and
included as the world’s foremost sports competition with estimated more than 200 nations
contributing. This assessment considered information regarding the Hosting of Olympic Games
event and the factors which create impact over it in optimistic and unenthusiastic manner. In
addition to this, diverse perspective such as environmental, social and international business
management also described in context of this particular occasion

Contents
Executive Summary.........................................................................................................................2
INTRODUCTION...........................................................................................................................1
ANALYSIS......................................................................................................................................1
CONCLUSION................................................................................................................................3
RECOMMENDATIONS.................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
A global event can be explained as an occasion which is organised for a limited time period
and have an international reach. Events which are carried out at an international level need
important public speculation and can influence the population. International occasion are
significant for a nation because they assist in developing its entire financial growth and
development. Along with this, they also crucially contribute to the tourism and also make
immense job opportunities. Nations that are including a bid can suffer several complexities and
problems, both favourable and unenthusiastic form (French and et. al., 2020). These issues can
consider a maximised tax rate or political situation of the nation. There are several forms that can
be utilised for developing the advantages and also, reducing the issues of organising the
Olympic. This written document considers a small introduction along with identification of three
perspectives. It also considers a description of the several influences of organising the Olympic.
Olympic is a popular global event gets attention participants from diverse nations and is
organised once every 4 years. Events that are hosted at a global level involve a huge investment
of time as well as finance. The positive and unfavourable influences of the Olympic Games
consider public excitement, a maximisation in tourism, great support from the side of public and
several other benefits for the nation. Apart from this, there is also certain unenthusiastic impact
cause of the occasion and this can consider a lack of support and excitement from the side of
public, lack of infrastructure, political instability and poor situation of the atmosphere. The
particular document also considers recommendations that are linked to the three perspectives that
have been selected and determined in the analysis segment.
ANALYSIS
Olympic Games are a leading global event which get attention Games participants from all
over the globe and consider diverse summer as well as winter competitions and issues. The
international occasion is organised each four years and the key aims of the games consider
cultivating human beings and participate peace to the world by sports (Beagon, 2018). The key
objective of the respective firm is to find out the several issues and complexities that are
basically suffered when organising and hosting global events. The three selected perspectives
consider ecological perspective, social perspective and international business management
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perspective. It has been found out that during a bid, there are certain aspects which can act like
barriers due to lack of support from the citizens of the country.
Environmental Perspective- Nations that bid for the Olympic Games have one of the aims of
developing their overall financial system. There are such facilities which provide the possibility
of enhancing the sport development. When a global event like Olympic Games is hosted and
organised, it is most crucial to have appropriate planning in place. This is because a lack of
effective planning can direct to generating diverse issues for the nation. People from diverse
nations involve in the diverse actions which are a segment of sports. The diverse ecological
resources should be used in an adequate from in order to make sure that the level on impact on
the environment is minimised to the increment (Gruzdev and et. al., 2018). The cost of
maintenance should be justified and the occasion processes should be designed and planned
accordingly. A maximisation in the extent of tourism of the nation can direct to creating
influence on the atmosphere in unfavourable form. For instance, some of the environmental
influences can consider modifications in the climate, a maximisation in the carbon footprint, rain
and many more. The Olympic Games are organised sometimes during the winter and summer.
Planning for Winter Olympics is the one that considers a lot of planning. The size of the country
which is organising the occasion can also has an influence on the awards that are provided to the
participants and contributors. Small countries limited area to organise actions, whereas large
nations can host a wide range of sports. This directs to a developed stage of investments for
larger nations in comparison to small countries. Some of the other ecological perspectives
consider a maximisation in the pollution of the nation (Palma-García, Gómez Jacinto and
Hombrados-Mendieta, 2018). But there are also certain advantages of the equal, for instance,
there are long term developments for the country. Also, the level of technological creation is also
developed.
International Business Management- Local business and residents might not
advantageous much from the occasion. If the citizen, public and local residents of the nation
determine to attend the Olympic Games, the huge amount of investments that would have been
utilised for their entertainment, can be used for the Olympic Games. Large ventures as well as
sponsors are offered with access of providing diverse facilities to the participants of the sports in
compare to small businesses. At the time of this occasion, there are different job options which
can come up and thus, in order to fill the posts, individual can be recruited and staffed. The fund
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which is collected is basically spent on other actions of the occasion. All of this assists in
assuring that the international event is carried out effectively and also, there is an increment in
the overall financial development of the country.
Social perspective- The social perspective can involve significantly to the overall
development of the occasion. There are several factors that should be included at the time a
global event such as the Olympic Games (Tan and Laswad, 2018). The country which proposes
for conducting Olympic acknowledges the significance of social support in context of assuring
that the event which is organised comes out to be developed. The media can play an important
role and function here in influencing the public to attend the occasion. If the public within the
host nation determines to support the event, the whole benefits can be increased and developed
when the national authority of the country enters into a proposal or tender to organise the event.
The nation should have a developed facility for sports in reference to conduct the occasion. It is
as organising the Olympic Games is an immense deal for a nation and with new and developed
Games services; the level of entertainment for the local residents or public is also developed.
Apart from this, the contributors and participants are capable to execute in an improved form and
the level of impact over the community and other section of the globe is also maximised and
enhanced. There are different intangible advantages for the nation hosting or organising an
international occasion like Olympic Games. These can consider a development in the level of
entertainment of individual along with an enhancement in the entire morale of the participants.
Besides this, the level of regeneration opportunities is also maximised.
It can be viewed that the entire bidding activity for the host nation is very competitive
and the host nation plays a most crucial role in involving to the entire extents of encouragement
and empowerment of the participants. If a country presents an attractive proposal, it is beneficial
for it (Meissner and Shmatko, 2019). Also, the diverse countries that involve in the process are
needed to submit a brief plan that defines the vision, possible background of the committee and
finance, venues, advertisements, security facilities and many more. It assists them in designing
proposal which is not only attractive, but also contributes to their chances of winning the
proposal and bid effectively.
CONCLUSION
As per written content, this has been analysed that international occasion is conducted and
hosted at international extent. So, one of the key events are Olympic Games which are major
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global sporting occasion that get attention of range of international interest, from individual of all
races, age groups, social positions and many more, converting them in complete international
and democratic. Therefore, for conducting the Olympic Games, into a specific region their
government and authority propose for this. So from the mentioned information, it has been
defined that there are three key perspectives that are social economical and international business
administration have affect over the event.
Environmental impact, as the altered environment, carbon foot prints and others have
several influences on the occasions like Olympic Games. At the time of winter season, such
actions like Ski Jumps and bobsled tracks are focused only best those bounds the post-Olympic
efficiency. When assuming Olympic, hosted country get demotivated and depressed from
making expenditure on luxury things. In addition to this, the over making in context of the
demand after the Games can add to expenditures that may not be covered in easier manner. The
sizes of country have influences on determination winter games. Along with this, in social
reference, the biding or organiser country understands regarding the efficiency of societal
support to that level where use of media have impacts on public recommendations. When
nation’s government involved in to bidding or proposing for hosting Olympics, the anticipation
of people improves into their profitability to nation’s infrastructure. This has been analysed that,
it has positive and enthusiastic impact because Olympic villages and infrastructure projects
modify the faces of city and the public life standard for effectiveness.
In addition to this, both the perspectives, there is one more aspect and component that has
impact is international business administration. From the analysis part, it has been summarised
that nations are experiencing same financial growth; the incentive becomes less tangible and
more about position. The liberalisation and open professional and attractive attributes gained
from Olympic bids. Local and federal national authorities are get attention to this addition and
acknowledged as monetary development that shows that special standpoint has optimistic impact
like Olympic get conducted into proposed country. Moreover, this also facility benefits of linked
to tourism expansion because international advertisement and endorsement is performed for the
particular games and sports.
RECOMMENDATIONS
As per the above described information, this has been understood that the government of
particular nation is proposing for conducting the Olympics in to their nation. So, in context of
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this, it has been analyse that there is some positive and unenthusiastic impact of organising such
kind of event. Therefore, the recommendations are explained in respect to developing benefits as
well as resolving the complexities of hosting specific occasion into a particular country. The
description of some suggestions is as below:
In context of social perspective- This has been recommended that the nation which proposed
to organise Olympic Games have to improve the policy which will provide support to these sorts
of events of proposing acts such as International Olympic Committee organised Agenda 2020 to
assure the proposing activity appeal. As when a nation or country enter into bids to host the
Olympic Games so vision of the new sporting facilities and other tasks can be determined that
outcomes in development and enhancement of job options and infrastructure etc.
In context of environmental perspective- It has been viewed that host countries have to
understand about the diverse sites atmosphere situations like weather etc. In addition to this, they
should make focus on making or doing effective planning which will reduces the expenditures
cost and improves the enhancement of infrastructure.
In context of international business management- It is recommended that the country which
proposed or hosted Olympic Games have to perform the global level promotion and
advertisement so that several other countries come to attend these events. As it beneficial in
improving the tourism hospitality business and also beneficial into financial and monetary
growth as more options of gaining profit margins.
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