This presentation discusses the positive and negative impact of global events, evaluates macro environment factors, provides recommendations for minimizing adverse impacts and maximizing profit, and explores the successful planning of events and their impact on internal and external environments.
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GLOBAL EVENTS
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TABLE OF CONTENT Introduction Positive impact of global event Negative impact of global event Evaluation of macro environment factors and its influence on global event Recommendations for improvements and solutions for Specific event and to minimise adverse impacts and maximise profit SWOT analysis Successful planning of events and impact on internal and external environments Conclusion Reference
INTRODUCTION Global events are the international communication agency that build to connect different brands and people with live events and in the same way current report provide a deep understanding of global events. It is based upon the case study of London's Excel Exhibition Centre and they wished to saw as an Olympic Venue, 2012
Positive impact of global event It helps the business as well as the country to have enormous and social benefits. It also leads to infrastructure development that further leads to technological progress Global event also results in decrease in unemployment rate and bring more jobs globally. Global event helps in making better relation of countries and improves the respective political impacts on businesses. It impacts decision making and organisational behaviour as company work effectively to build better relationship with mutual understanding
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Negative impact of global event It may leave costly scars that may leads to various losses for business It may lead to political instability and may affect supply chain turmoil of organisation. It impacts decision making and organisational behaviour as organisation works to have better relationship with the respective supply chain turmoil's
Evaluation of macro environment factors and its influence on global event Macro environments like legal, political, technological etc. influence the global event. Olympic is having a great impact on country's political environment. Company works to build effective relation with other country in order to organise the event effectively. Company also do proper research to understand the legislations of other country so that they can follow them and overcome the risk
Recommendations for to minimise adverse impacts and maximise profit Organisation have to build effective relation with the supply chain and its various partners. Have to use digital technology in an effective manner in order to promote the global event- Olympic Organisation have to do proper research with respect to host country in order to follow there respective legal consideration while organising the event.
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Successful planning of events and impact on internal and external environments Strength:- Different promotional activities helps the global event to have recognition in market. Weaknesses:- Insufficient budget may not help the organisation to make the Olympic event recognised or successful. Opportunities:- The global event Olympics leads to effective reputation of organisation in global market. Threats:- There are different threats that are affecting the success of global event like bad weather conditions.
CONCLUSION From the above report it is been concluded that Different events are having there specific role that impact the society. There are different management strategies that support the global events' development. There are different criteria for successful planning of Global event- Olympics.
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REFERENCES Horne, J., 2017. Sports mega-events.Sport, Media and Mega-Events, p.19. Markle, B. R. and et.al., 2017. Global atmospheric teleconnections during Dansgaard–Oeschger events.Nature Geoscience,10(1), p.36.