Analyzing the Positive and Negative Impacts of Global Events

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Added on  2023/01/06

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This report provides an analysis of global events, defining them as short-term phenomena with international impact, often driven by public investment. It examines the positive and negative impacts of these events on the macro environment, including political, legal, economic, and environmental factors. The report also presents a SWOT analysis of the event industry, outlining its strengths, weaknesses, opportunities, and threats, such as economic recession and competition. The conclusion emphasizes the classification of global events based on revenue and age groups, as well as their diverse sub-sections like exhibitions and seminars, providing a comprehensive overview of the subject matter. The report includes references to support the analysis.
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Global Events
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Introduction
Positive and negative impacts the macro environments
SWOT analysis
Conclusion
References
Table of content
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Introduction
Global events state physical phenomenal which take place for short period in
reference to reach at international level. This type of event based on the investment which
is made by the community and public that forms instant influence on population through
developing positive environment. In present era, it has been determined that global event
is classified on the base of earning source, age group and others.
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Positive and negative impacts the macro
environments
Macro atmosphere states macro environmental component which consider political, legal,
economical, environment and so on that maximizes instant influence on function or process
of business venture. Global event mentions the conditions or situation that arises in upcoming
time of time that inflicts instant influence on sales or profit of company at marketplace.
Physical and environmental impact: It states the assets, material, techniques that are
crucial to undertake several action of business enterprise. It is crucial to assess essential
assess crucial meeting the demands or need of establishment in the marketplace.
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Political impact- Political condition of nation inflicts instant influence on event
industry in diverse form through inflicting taxes and guidelines that are required to be
followed.
Tourism and economic impact- Event aid help in endorsement of particular location
on an effective form. It is included as expert methods which assist in advertising tourism
industry of nation. Along with this, economic factor such as revenue, earning, income and
financial situation of nation is also essential for entire occasion in this industry.
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Legal impact- It considers several laws such as employment law, regulations
which is associated to safety of subordinates that form instant influence on
international event sector because they needed to follow regulations which is
executed through national authorities.
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SWOT analysis
SWOT analysis: It is included as a structure that helps company for executing strategies
and plan of actions for further developments. There is several positive and negative
influence of event industry. Along with this, it assists in grabbing growth options that is
beneficial in upcoming time which is defined as under:
Strengths- Each sector are able to organize superior programs that are profitable for
them like they are able to get effective returns from their investments.
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Weakness- There is a utilization expenses incurred in conducting and event which
maximizes loss.
Opportunities- The concentration is on organizing several events such as donation,
charity programs to target several segments. They can concentrates on taking help from
local government, authorities for development or expansion of business.
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Threats- Economic recession is included as the major risk for event sector at market.
Rivalry is other threat that reduces the profitability of enterprise. Adverse weather
situation, maximize in labor rate is included as a threat for event sector that inflicts
influence on revenues of enterprise.
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On the basis of above defined determination, it has been evaluate and measure that
international event which states physical phenomenal that take place for shirt time
duration in reference to reach at international level. Event based on the investment whcih
made by public that inflicts instant influence on population through developing positive
environment. In present era the global event is classified in term of revenue source, age
group and many more. Along with this, there are diverse sub section of sector that
consider exhibition sports and seminars etc.
Conclusion
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Gu, H. and et. al., 2019. On-line regeneration of electrochemical biosensor for in vivo repetitive
measurements of striatum Cu2+ under global cerebral ischemia/reperfusion events. Biosensors
and Bioelectronics, 135, pp.111-119.
Zhang, G.W. and et. al., 2020. Regional changes in extreme heat events in China under
stabilized 1.5° C and 2.0° C global warming. Advances in Climate Change Research.
Koinova, M., 2018. Critical junctures and transformative events in diaspora mobilisation for
Kosovo and Palestinian statehood. Journal of Ethnic and Migration Studies, 44(8), pp.1289-
1308.
References
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