The Impact of Events and Festivals on Stakeholders: A Report

This report examines the impact of mega events and festivals on stakeholders. It begins by defining mega events and their significance, focusing on the positive impacts on stakeholders. The report discusses how events like the World Cup can have both positive and negative effects, and identifies various stakeholders, including directors, creditors, and local communities. It highlights the role of government policies and the ability of events to attract participation, generating revenue for stakeholders. The report also touches on the political impacts of these events. The conclusion reiterates the importance of understanding these impacts for effective event planning and management. This report is a useful resource for anyone studying business development or event management.

Mega events

Table of content
 Introduction
 Impact of events and festivals on stakeholders
 Conclusion
 References

Mega events refers to the one time sporting events of the international level organized by the
special yielding and authority that is extremely high stage of media cove-raging & impact the
tourism, infrastructure and economic etc. for hosting the community because of significance
events and their size. This presentation reflects the positive impacts of events and festivals on
the stakeholders.
INTRODUCTION

The impacts of events and festivals on stakeholders.
Festival and events are universally very much important for the cultural and social
roles that is increasingly promoted the country. Events basically defined as the
social and public planned occasion that generally organized for public. Stakeholders
are main representative of the events & festivals where they play a vital role and
contributing for organizing events.

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In the context impact of world cup event is positive and negative as well for the
stakeholders. There are lots of risk taken by the stakeholder for organizing the world cup
because stakeholder keep in mind that Positive impact gives so many benefits to the
stakeholders and negative impacts creates conflicts and problems for the stakeholders.

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It is stated that there are several things which affect the stakeholders
from such as aims and objectives of planning the events another is
policies & restriction that made by government for events. There are
some major impact of events for the stakeholders are directors, creditors
who financially support and sponsors the event, unions that provides
facilities, agencies, community where the business drawn up.

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In the modern era, it easily attracts people for taking participation in the
events and also increase the participation from local communities from
which stakeholder earn money. There are some political impact on
stakeholders is it gives stability & participation.

Conclusion
Mega events refers to the one time sporting events of the international
level organized by the special yielding and authority that is extremely
high stage of media cove-raging & impact the tourism, infrastructure
and economic etc. for hosting the community because of significance
events and their size. This presentation concluded that the positive
impacts of festivals and events may have to the stakeholders.