LO 1 1 Global events industry

Added on - 21 Feb 2021

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GLOBAL EVENTS
Table of ContentsINTRODUCTION...............................................................................................................3Task 1................................................................................................................................3Global events industry...................................................................................................3Diversity of events.........................................................................................................3Mega events.................................................................................................................3Hallmark events.............................................................................................................3Major events.................................................................................................................4Local events...................................................................................................................4Impacts on global events...............................................................................................4Motivation for different types of events..........................................................................5Future trends in the events............................................................................................5impacts and legacy of events........................................................................................5Impacts by various perspective.....................................................................................6Environmental impact....................................................................................................6Political impact..............................................................................................................6REFERENCES..................................................................................................................7CONCLUSION...................................................................................................................7
INTRODUCTIONGlobal events can be define as the event which is happening all over the world.In this types of event people from all over the world can participate. Event industry is thewider sector that contributes well in generating revenue in the country(George, Ray andKumar, 2018). These type of event can consist of music show, light show and manymore. This study will explain values of range of events and will describe the diversity ofrange of events. Furthermore, factor influences this sector will be discussed in thisreport.LO 1Global events industryGlobal events is an agency of international communications which is made to connectbrands and people via power of live events. Events for a limited time which have globalreach and require public investment and put an impact on people’s life and builtenvironment.Diversity of eventsThere are different ways to classify events. The basic ones are planned andunplanned events. Planned one are the study of management in events and they needto set, executives, management and the length of time. There are different kinds ofevents according to their scope and size, which are of four types Mega events,hallmark, major and local event.(Horne, 2017).Mega eventsMega event has huge impact on the whole economic activities of the foreigncountries and it is totally covered by global media. Mega event has huge impact ontourism and economic infrastructure of the foreign country. These events are basicallycombined to a sports events. In this Paralympic games, Olympic games, FIFA world cupand world fairs but sometimes they will face difficulties for many different events whichwill comes in this category. Mega events are huge and at high level of tourism, prestige,media coverage or economic impact for the foreign community, organization and venue.Mega events are known for their size because their target market, public level andpolitical effects and their impact on social and economic of the foreign community(Zhang and et.al., 2019).
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