Evaluating Global Events: Impacts, Macro Factors, & Improvement Plan

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Added on  2023/06/13

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This report provides a comprehensive analysis of global events, examining their positive and negative impacts, and the influence of macro-environmental factors such as political, economic, social, technological, legal, and environmental aspects. It uses the Commonwealth Games 2010 as a case study to illustrate these points. The report includes a SWOT analysis, identifying strengths, weaknesses, opportunities, and threats associated with such events. Furthermore, it offers recommendations for improving event planning and management, emphasizing effective strategies, strong legacy development, and robust management practices to minimize negative impacts and maximize benefits. The report concludes that global events significantly affect a nation's growth and success, supported by academic references.
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Global Events
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Table of content
INTRODUCTION
The positive and negative impact of global events.
Macro environment factors
Recommendation for improvement and solution for a specific event.
SWOT Analysis
Critically evaluate the criteria that are essential for the successful planning of events
CONCLUSION
REFERENCES
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INTRODUCTION
Different types of opportunities has been
offer by these global event in relation to the growth
and development of the nation in which the event is
going to be conducted. The example of the various
global events which generate different types of
opportunities are Olympics, World Cups, Common
Wealth Games and various cultural festivals.
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The positive and negative impact of global
events
Political factors
Economic factors
Social factors
Technological factors
Legal factors
Environmental factors
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Continued…
Political factor:- this factor is totally related to the rules,
regulation and policies which are made and developed by
the government of the nation.
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Continued…
Economic factor :- this factor is related to the interest
rate, GDP and many more. The common wealth games
which was held in India in 2010 attract large number of
audience to attend the event not only from the domestic
but also from the international.
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Continued…
Social factors :- this factor comprises of behaviour,
preference and many more of the audience. This event
make huge impact on the social environment of the
country.
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Continued…
Technological Factor :- this factor is related to the
innovation and technology. The mega event of common
wealth games directly impact on the technological
environment.
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Continued…
Legal factor :- this factor is related to the rules and
regulation which are made by the council of the nation in
relation to the welfare of the society. The legal environment
of the country is highly effected by this event.
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Continued…
Environmental factor :- this factor is related to the
protection of the environment. The event of common
wealth games 2010 highly impact on the
environmental factor.
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Macro environment factors
Performance as well as the functioning of the global
event at the international level has been affected by
the different types of the macro factor. These factor
comprises of political, economical, social, legal,
environmental and technological factor which affect
the external as well as internal environment of all
across the globe.
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