Impact of NBA as a Global Event on Macro Environment: A PESTLE Analysis
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Added on 2023/06/04
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This presentation analyzes the impact of NBA as a global event on the macro environment through a PESTLE analysis. It also includes a SWOT analysis, recommendations, and key factors for successful planning of events.
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Table of Contents •Introduction •Effects of Global events on Macro Environment •Impact of Macro Environment over global events •Recommendations •Key Factor for successful planning of Events •Conclusion •References
Introduction This presentation will be highlighting the people and the world around the NBA and how the players and the crowd are affected by the management and how NBA has become a Global Event in the history of Basketball.
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Effect of NBA on Macro Environment PESTLE Analysis This is a framework used to determine various external forces having a impact upon organisational operations and activities in a negative or positive manner. There are various forces and factors which are further classified into different classifications which are as follows: Political Factors Economical Factors Social Factors Technological Factors Legal Factors Environmental Factor
Political Factors Political Stability Taxation
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Impact of Macro Environment over Global Event Industry Macro environment is determined as a aggregate of external factors and forces in an economic nation which impacts operations and activities carried out in that particular nation. For instance, there are various factors and forces which results in influencing and impacting global events including government policies, demographics of society, cultural factors, technology, etc. Moreover, all these factors often impact organising and carrying out operations and activities of these global events in a positive as well as negative manner.
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Opportunities Showcase of host country towards other countries Introducing Cricket as a Olympic sport.
Threats Huge Cost Health and Safety
Recommendations Additional efforts and focus must be initiated towards prevention of unethical practices such as doping from being implemented in these global events. Implementation and adaptation of advanced and latest technology in carrying out operations and activities in order to regulate these events in an efficient and systematic manner.
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Key Factor for successful planning of Events Total planning and performance Appropriate budget and resource allocation Opportunity to Backward area People
Continue; Consideration of these factors impacts positively in a internal environment as it facilitates in providing stability in carrying out operations as well as effective completion of tasks. Whereas, it results in enhancing engagement of people as well as government of different nation by carrying out these global events efficiently.
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Conclusion From the above presentation, it could be concluded thatlike NBA has been a difficult tasks and NBA need to focus to many things to successfully complete the season of the basketball league. We have also look at how NBA manages the weather condition and Economic crisis to complete the event. NBA also include the Values, Impact and the legacy of the major event to conduct it. NBA also have to make the Major policies before starting the event and need to arrange the Sponsors and promotion partners to earn the good revenue from the market
References Helgadóttir,G.,2021.Eventcommunities.InHumans,horsesandevents management(pp. 16-17). Wallingford UK: CABI. Herold, D.M., and et, al., 2022. Constructing a Logistics Framework for Global Sport Events. InManaging Global Sport Events: Logistics and Coordination(pp. 31-49). Emerald Publishing Limited. Ito, E. and Higham, J., 2020. Supplemental tourism activities: A conceptual framework tomaximisesporttourismbenefitsandopportunities.JournalofSport& Tourism,24(4), pp.269-284. Kiani, M.S., Nazari, L. and Shahbazpour, L., 2019. Sport tourism and sustainable local developmentforhostcitiesforsportingevents.AmericanJournalofSports Science,7(1), pp.7-10.