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Impact of Global Events on Macro Factors and the Event Industry

   

Added on  2023-06-18

13 Pages840 Words342 Views
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GLOBAL
EVENTS
PART B
Impact of Global Events on Macro Factors and the Event Industry_1

TABLE OF CONTENTS
INTRODUCTION
POSITIVE AND NEGATIVE IMPACT OF EVENTS ON MACRO FACTORS
ANALYSIS OF EVALUATION OF MACRO FACTORS AND THEIR INFLUENCE ON
GLOBAL EVENT INDUSTRY
RECOMMENDATIONS
SWOT ANALYSIS FOR SUCCESSFUL EVENT PLANNING
EVALUATION OF FACTORS ESSENTIAL FOR SUCCESSFUL PLANNING OF EVENTS
CONCLUSION
REFERENCES
Impact of Global Events on Macro Factors and the Event Industry_2

INTRODUCTION
Global events are those events which are organized at global level where people are gathered from
all around the world and gather attention of media at higher level. Some of the examples of global
events can be considered as- London Fashion Week, Met Gala, Coachella, FIFA World Cup,
Paralympics Games, Olympic Games and many others.
The FIBA World Cup of Basketball is an international basketball competition which was started
back in 1950. It is the international basketball federation and the world governing body of
basketball.
This PPT will outline the macro environment factors which are influenced by hosting events at
local and global level and will also outline the impact of such factors on the games.
Impact of Global Events on Macro Factors and the Event Industry_3

POSITIVE AND NEGATIVE IMPACT OF
EVENTS ON MACRO FACTORS
Political factors- The positive impact of global event such as FIBA world cup can be seen through
the tourist branding and promotion globally under government of China.
Economic factors- By organizing a global event such as FIBA World Cup, this can create positive
impact on the recreational opportunity for people, offer more employment opportunities and generate
higher income which can enhance economic conditions.
Social factors- The positive impact of social factors due to the organization of global event can be
helpful in enhancing the local community, promoting cross culture exchange and bringing diversity to
the table.
Impact of Global Events on Macro Factors and the Event Industry_4

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