Positive and Negative Impacts of Global Events - Desklib
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This presentation discusses the positive and negative impacts of global events on social, cultural, environmental, political, economic, and legal aspects. It also includes a SWOT analysis of the upcoming Beijing Olympic 2022.
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GLOBAL EVENT ExCel London
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Positive and negative impacts of the global events Macro environment of the global event consist these factor to influence the decision-making power. Event is the essential key to maintain the dignity and showcase of the community where even is held
Social and cultural impact Positive:- it builds the national pride wherever the national event is going to held by which the community of that particular city or country get pride and recognition all over the globe. With this they introduced to a new innovative ideas and challenges to the community of the country. Negative:- global event increases the community alienation and with this it also increases the negative community impact on the world. Social dislocation etc.
Environmental impact Positive:-increase in the showcase of the environment where the organizationhappened. Increase in tourism because of the event and global tourist. Negative:- increase in the pollution because of the tourism. Because of the high tourism there is also destruction of the heritage in the country where the global event held. Noise disturbance, traffic these things will increase because of the high tourism. These effect the environment.
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Political: Positive:- increase in the internal prestige and improvement in the education of the country. Promotion of the culture aid and introduction with the new and diversify community. Promotion of investment, development of administrative skills. Negative:- risk of the global event failure, misallocation of funds provided by the investors or the government for the global events. Lack of accountability, loss of community ownership and control over the event.
Economic impact: Positive:- destination promotion where the event held. This increase in the tourism, higher yield. Increase in tax revenue and increase in the organization. It also increases in the business opportunities for many people and job creation. Negative:- community resistance to the tourist in their area and loss of authenticity. This also include the exploitation, financial and management loss.
Legal impact positive:- the legal impact on the macro environment because of the global event considered as a The legal law sets out employer's duties for consulting with employees in relation to health and safety and work of the events. The duties of the event present in theout in contract, the scope and effect of any force majeure clause is dependent on its construction and drafting. Negative:- legal factor of the global event affect that in many events there is a illegal function happen. Selling of products like drugs, sharp objects etc. which is totally illegal that consist a imprisonment and charges withfine that also harm in many ways.
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SWOT ANALYSIS Event is very big in size and need to be managed with effective strategies, this strategies are many created to solve any problem that might arrive before, during and after the event. Many event organizers use SWOT analysis to identify the strength and weakness of the event, for Beijing Olympic 2022, it is very important to identify strength and weakness such as:
STRENGTH Strength:the strength of the global event lies in the name and reputation of the event, many events are been continuing from more than 100 of years which have great name and image, for upcoming Beijing Olympic 2022, it is very important to identify the strength of the event which help organizer to manage successfully. The history of the Olympic and the reputation will going to be strength for this event. People are so much concern about the global event especially for Olympic and cricket. This is the best opportunities for the organizer to arrange this upcoming event because they do not have to use many promotional strategies to attract visitors as Olympic is already been well-established.
WEAKNESS Weakness:the weakness of global events are that they consume more time and affords, it is very challenging for the organizer to arrange global event and mainly it have risk of failure. For Beijing Olympic 2022, the weakness of arranging such global event it going to cost too much for the organizers because after the impact of COVID-19 material and resources are getting high in prices. . High price will be the weakness of the Olympic 2022, another weakness of this event is people are not ready to spend their budget in participating in such event.
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OPPORTUNITY Opportunities:opportunities of the global event lies in the weakness, if the organizer have the ability to identify the weakness of the event, then they can create opportunities out of such weakness. The weakness of Beijing Olympic 2022 is required huge investment to plan the event and if the organizer identify the investment sources from various channels then it can be opportunities to arrange such event. Global event themselves create various opportunities for the people such as local economy and the business get huge amount of revenue, the people gets opportunity to participate in event for their sports career development.
THREATS Threats:the treats of the global event is the climate and the natural calamity. The environmental factors plays an important role in the success of the event, many events fail to meet the success because they are not fully prepared for the natural issues. Threats:the treats of the global event is the climate and the natural calamity. The environmental factors plays an important role in the success of the event, many events fail to meet the success because they are not fully prepared for the natural issues.
CONCLUSION Organizational behaviour Understanding the organizational behaviour for the betterment of the global event is essential for the organizer to understand the activity and need that a management need to do. This report includes the information about the global event which is going to hold in 2022 Olympic. This report concludes the swot analysis and macro environment negative and positive impact.
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REFERENCES Jelassi, T. and Martínez-López, F.J., 2020. External Analysis: The Impact of the Internet on the Macro-environment and on the Industry Structure of e-Business Companies. InStrategies for e-Business(pp. 49-95). Springer, Cham. GURL, E., 2017. SWOT analysis: A theoretical review. Phadermrod, B., Crowder, R.M. and Wills, G.B., 2019. Importance- performance analysis based SWOT analysis.International Journal of Information Management,44, pp.194-203.