Positive and Negative Impact of Global Events on Macro Environment
Verified
Added on 2023/01/05
|12
|993
|57
Presentation
AI Summary
This presentation discusses the positive and negative impact of global events on the macro environment, including tourism and economic factors. It also provides recommendations for improvement and solutions for successful event planning.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
GLOBAL EVENT
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
TABLE OF CONTENT Introduction Positive and negative impact of global event on macro environment Positive and negative impact of macro environment on global events Recommendations in improvement and solution for an event SWOT ANALYSIS Criteria for successful planning of events Conclusion references
Introduction The events which held at the large level in which the people from different places or countries some to join such event is known as global event. Managing a global event is not an easy task as it requires a lot of planning and management. This ppt discusses about the positive and negative impact of macro environment on these global event and the ways these factors also affect the decision making. The PPT also includes the SWOT analysis for a specificeventforevaluatingtheimportantessentialsfor successful planning of events.
Positive and negative impact of global event on macro environment Tourism impact:Through the global event tourism sector would get impacted in the following ways: Positive:Moreandmorepeoplewouldgetattractedtothe destinations for travel and tourism. This will result in more inflow of tourist people in the state and more destination marketing. Such global event helps in providing the market positioning about the destination. Negative:The country has to implement the strict rules in tourism so that the tourist people should feel safe and secure in the state. The tourism government needs to be more focused and delicate in handling tourist people.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Cont.. Economic factor:The economic factor includes the economic conditions and situations of that state. The Global event has the following impact: Positive:It helps in generating the revenue for the country. Also this helps in generating the profits for local market people. Negative:The country or the state has to spend a lot of money to attract the people and make the arrangements at such a high level. For exampleholdingtheCricket T 20-20the countryhastomake the arrangementsforplayers.Arrangementmayincludetheir accommodations, foods, safety and etc.
Positive and negative impact of macro environment on global events Physical and environmental impacts:this factor includes the destination situations and conditions of the place where the event would go to be held. The positive and negative impact can be: Positive: holding a global event gives the chance to a country or place to showcase their destination and their unique features
Cont.. Political impact:Political factor may include the rules and regulations which are formed by the government. The political factor may have the following impact on event: Positive: The strong connection with the politician can help the event manager in happening of the event as they can help in removing or reducing any barriers which are coming in between. Also they help in getting together the crowd for that event.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Recommendations in improvement and solution for an event The event should provide the necessary security and safety to the audience whichiscomingtoattendit.Theeventpeoplemusttakeallthe responsibility for audience safety for that they must take the help of government and police forces to maintain the discipline. Also the event should use the CCTV camera so that every individual would be under the watch of event people and police. The event should be held in such a way that it does not harm the environment. The event must get held at a proper place. Like the Cricket T 2020 match is organized at the Stadium. The events should not held at the public place like Parks, gardens and so on.
SWOT ANALYSIS The SWOT analysis is performed for Cricket T 2020 event Strength •Strong securities of players as well as of the audience. •High level of craze of cricket among people Weakness •Limited seats or tickets •Costly tickets for the matches Opportunities •The host country has the opportunity to perform the marketing destination for their state. •Building up of market positioning of country. Threats •The threat of unfavorable political rules and policies. •The attack could be done by terrorist people putting the life of people at risk
Criteriaforsuccessfulplanningofevents: Large audience:The success of an event is decided by the volume of audience who has arrived for attending the event. More the crowd means more people has brought up the tickets for the event. Profit:The profit which the event has gained also is a criteria for the determination of its success or failure. Feedbacks:Ifthefeedbackofthepeopleisbadandnot satisfactory then the event consider as a failure in the market. But if the feedback regarding the event is good then it is consider as a successful event.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
CONCLUSION The PPT presented above has discuss the macro impact upon the environmentandtheimpactofglobaleventonmacro environment. It also consists the criteria for a successful event.
REFERENCES Wang, S. and Tkalčić, H., 2020. Seismic event coda‐correlation: Towardglobalcoda‐correlationtomography.Journalof Geophysical Research: Solid Earth.125(4). p.e2019JB018848. Sonnevend, J., 2016.Stories without borders: The Berlin Wall and the making of a global iconic event. Oxford University Press. Stein,L.,Pianosi,F.andWoods,R.,2020.Event‐based classificationforglobalstudyofriverfloodgenerating processes.Hydrological Processes,.34(7). pp.1514-1529.