Impact Analysis of the Olympic Games on Global Events

This report provides an analysis of global events, with a specific focus on the Olympic Games. The introduction defines global events and their significance, using the Olympics as a prime example. The analysis section examines the various factors influencing the success of such events, including environmental, tourism, hospitality, social, and business perspectives. It highlights the positive and negative impacts on the economy, tourism, and infrastructure, as well as the influence of political and structural factors. The report also discusses the importance of public support and the logistical challenges involved in hosting such events. The environmental perspective considers pollution, carbon footprint, and sustainability, while the social perspective examines social cohesion, morale, and regeneration opportunities. The conclusion emphasizes the overall economic development that global events bring to a nation. Recommendations are made to maximize benefits and mitigate challenges for host countries, including policy development, effective planning, and promotional strategies to attract participation and tourism. The report emphasizes the need for host countries to consider the weather conditions and plan effectively to ensure the successful execution of events.

Academic and
Professional Skills

Executive Summary
A global event can be referred to as an event that is conducted at a global level and attract
people from all over the world. In order to host a global event, countries make bids to their
governments. Olympic games is a global event that is conducted every four years and attracts
people from different countries to participate in the activities. There are various perspectives that
have to be kept in mind such as environment perspective, social and tourism perspective.

Table of Contents
Executive Summary.........................................................................................................................2
INTRODUCTION...........................................................................................................................1
ANALYSIS......................................................................................................................................1
CONCLUSION................................................................................................................................4
Recommendations............................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Events can be defined as occasions that allow interaction among people and there are
different types of events based on their purpose. Different events have their own purpose and
include various activities that are associated with various purposes. Global events can be referred
to the events that are conducted at a global level. Based on the information that has been
provided by the OECD, global events can be referred to as a phenomenon that take into account
things for the short term. Their primary aim is to have an international reach among people so
that a greater number of people are attracted to attend the same (Gruzdev and et.al., 2018).
Global events are usually conducted based on the investment that they receive from different
people. This is because they can have a great impact on the population of a country by
developing an atmosphere that encourages participation. There are different types of events,
Olympics being one of the examples.
Olympics is a global event that takes place once every four years and attracts participants
from all over the world. The report includes an analysis about events that take place globally like
the Olympics as well as the various barriers that affect the same. The report considers three
perspectives and with the Olympic games expanding its reach in the world, makes the IOC
model to be implemented successfully at an international scale. There is also an analysis of the
positive as well as negative effects of the Olympic games, the different categories of economics,
tourism and infrastructure, political as well as structural factors and how do they influence the
Olympic games (Hutchins, 2017). When different nations enter into bids to being the host of the
games, the level of excitement among the people increases. As a result, there are various
advantages for the city where the games are to be hosted. But on the other hand, there can be
certain issues that can come up during the process, like a lack of involvement from the
community or society, poor environmental conditions etc.
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ANALYSIS
The Olympic Games is consider as the major international sports events that held in huge level.
This is a global event which occurs in four years and it capture large market area. The Olympic
Games consist of huge global interest of individual of different race, age, gender, social position
and many other aspects (Heustis and et. al., 2019). This is significant sports in transforming
them in domestic as well as international happenings. It is essential to analyse and evaluate
different factors that will lead to have significant impact on The Olympic Games events. It has
been analysed that there are several factors that could lead to barriers while happening of The
Olympic Games events. The major factors are environmental, tourism, hospitality and event
industries as well as social aspects. All of these factors will lead to have major impact on overall
performance or efficiency of event. By analysing these factors along with these impacts The
Olympic Games events will be able to successfully or effectively performed in market area. It
has been analysed that support of public is significant for successfully performing event practices
as well as The Olympic Games bid. Where as lack of support from public can lead to destroy a
bid.
The Impacts on the business
Olympic game event can be consider as the advantage of the business sector as it will lead to
positively influence performance of business. It is has been analysed that bidding of government
for Olympic Games events needs to consider its impact on business. Through this, it is
opportunity of business to grow and develop its organisation by offering products and services
to large market area. Olympic Games events will lead to have major affect over business
practices along with its sales. This will have significant affect over increasing practices or
operations of different business industries or sector along with this improving overall
profitability. It is crucial for government to consider to the impact on business of the Olympic
Games events along with this analyse advantages or disadvantages on the business practices of
these events. It is essential for organisation to improve overall performance and efficiency as
well as increasing positive factors. Through Olympic Games events business will be benefited by
various aspects such as increase in number of sales, profitability, enhance customer base as well
as get various growth opportunity. During the Olympic Games events in respective market there
is improvement or enhancement in sales or profitability of this sector (Leal and et. al., 2018). It
has been analysed that there will be logistical challenges of hosting the event in the country. Due
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to Olympic Games events there will be long term influence on the country as the business of host
company as Olympic game events will enhance the demand of products or services offered by
business. biding of government will be significant for business and it will have major positive
impact on functioning or performance of business.
The impacts from an environmental perspective
Environment play significant role in successfully or effectively functioning of an event. It
is essential for organizers to consider environmental perspective while taking important
decisions or creating strategies to conduct Olympic Games events. Environmental factor consist
of pollution, carbon footprint, sustainability as well as various others aspects. Country size
appears to affect the assurance to grant the Winter Games (Sallati, Andrade Bertazzi and
Schützer, 2019). While little urban communities in the mountains have restricted zone and space
for development and foundation minimizing expenses, the occasions must be spread
neighbouring urban communities to satisfy the needs. In resistance, bigger countries need higher
interest in framework; be that as it may, they can address the requests of a few occasions leaving
a heritage for future attractions. Climate is likewise a factor which additionally makes an effect
an impact over the Olympic Games. For instance change in environment condition, downpour,
and carbon impressions and a lot more impact these sort of worldwide occasions. During winter,
a few offices like Ski hops and toboggan tracks are specific just world class competitors which
limit the post-Olympic exertion; in any case, administrations like skating arenas might be a few
reason structures that can have a scope of events leaving the country with an additional bit of
leeway for utilization of network and public. While thinking about the colder time of year
Olympics, have country is de-motivated and deterred from burning through cash on extravagance
improvements. Over creation comparable to the need after the Games can add to uses that may
not be shrouded in simpler way (Kolotouchkina, Gonzálvez Vallés and Alonso Mosquera,
2020). Countries offering for the Olympic Games long for a legacy that considers benefits that
will be valuable after the Games are finished or coordinated. Administrations have the likelihood
to amplify sport improvement choices to the overall population or particular preparing
alternatives for world class competitors. Arranging is the key as administrations can be overbuilt
or excessively specific for regular use. The support cost should be advocated through the
availability of administrations.
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The impacts from a social perspective
Social perspective can be describe as the factors that is related to society and its citizens.
The impact from social perspective consist of intangible benefits such as social cohesion,
morale, entertainment along with others aspects that are significant for individual. Regeneration
opportunities are consider as part of social perspective and it will lead to have huge influence
over Olympic game events. The major concern about the event for public help are extraordinary
to the point that the International Olympic Committee established Agenda 2020 to guarantee the
offering movement request (Gruzdev and et. al., 2018). Offering country recognize the centrality
of society backing to the level that the utilization of the media sway general feeling is regular
practice. The general public and public controlled through the media to see that the benefits of
the occasions exceed the costs. With the assumption of advantages, the public help for society
framework advancement and speculation is inevitable. At the point when a country or
government go into offers to have the Olympic Games, public energy augments in the likelihood
of acknowledging preferences to the country foundation before the Games starts. With vision of
the new brandishing offices and different tasks, expectation for work creation develops.
Directing the Olympic Games takes a lot of viability for the host nation and social orders where
the games will be start and occur. New games fields, Olympic towns and framework ventures,
change the substance of the city for good. The enormous number of individual partaking in the
Games simultaneously in similar city at various huge scope metropolitan events, generously
alterations the life of its residents. This is an important illustration of a worldwide occasion
impact over a general public.
CONCLUSION
From the above report, it can be concluded that global events are important for the overall
economic development of a nation. These can be referred to as events that are conducted at a
global level and attract a large number of people from all across the world to participate in them.
Olympic games is one of the most famous global events that is conducted every four years.
There are a lot of sports activities that are conducted during the event. This is based on the
interest, different forms and positions. People of different age groups participate in the same
based on their individual interests. In order to host Olympic games, different countries make bids
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to the government. From the above analysis, it has been analyzed that there are three
perspectives, the tourism perspective, environmental as well as social perspectives.It has also
been analyzed that the different nations are experiencing an overall development of their
economies.
Recommendations
By analyzing the above report, there are certain recommendations that can be made for
the government as well as the countries that make bids in order to host the event. There can be
certain positive as well as negative impacts of hosting a global event, such as the Olympic
games. There are recommendations that have been provided, are in respect of maximizing the
overall benefits as well as reducing the challenges for the host country (Saunders,2020). Some of
the recommendations are that the host country is recommended that it should develop a policy
that will support in conducting such events and ensuring that there are appropriate facilities
available for conducting the same effectively. Not only this, the policy will also help in making
successful bids for conducting the Olympic games. Therefore, when a country will enter the
bidding process, its vision for new sporting facilities along with other projects can also be
observed.
These outcomes can be related to the generation of employment opportunities for people,
development of effective infrastructure etc. Apart from this, it is also recommended that the host
country should have knowledge about the weather conditions. Effective planning will play a vital
role in making sure that the event is conducted in a successful manner. This will not only help in
reducing any kind of extra expenses, but also enhance the overall development of the
infrastructure. Various promotional methods should be used in order to attract a greater number
of people not only to participate in the activities, but also attend the event as tourists. this is
because conducting a global event can also significantly contribute to the overall development of
the country.Thus, if the host country takes into account all of these recommendations, they will
be beneficial for it and help it in conducting the event in a successful manner.
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REFERENCES
Books & Journals
Gruzdev, M.V. ad et.al., 2018. University Graduates' Soft Skills: The Employers' Opinion.
European Journal of Contemporary Education. 7(4). pp.690-698.
Hutchins, R.M., 2017. Developing Professional Skills: Criminal Procedure. West Academic.
Saunders, L., 2020. Core Knowledge and Specialized Skills in Academic Libraries. College &
Research Libraries. 81(2). p.288.
Heustis, R.J. and et. al., 2019. Embedding academic and professional skills training with
experimental-design chalk talks. Nature Biotechnology, 37(12), pp.1523-1527.
Leal, L.A. and et. al., 2018. Clinical and management skills for hospital nurses: perspective of
nursing university students. Revista brasileira de enfermagem, 71, pp.1514-1521.
Sallati, C., de Andrade Bertazzi, J. and Schützer, K., 2019. Professional skills in the Product
Development Process: the contribution of learning environments to professional skills
in the Industry 4.0 scenario. Procedia CIRP, 84, pp.203-208.
Sallati, C., de Andrade Bertazzi, J. and Schützer, K., 2019. Professional skills in the Product
Development Process: the contribution of learning environments to professional skills
in the Industry 4.0 scenario. Procedia CIRP, 84, pp.203-208.
Kolotouchkina, O., Gonzálvez Vallés, J.E. and Alonso Mosquera, M.D.H., 2020. Fostering Key
Professional Skills and Social Activism Through Experiential Learning Projects in
Communication and Advertising Education. Journalism & Mass Communication
Educator, p.1077695820919633.
Gruzdev, M.V. and et. al., 2018. University Graduates' Soft Skills: The Employers'
Opinion. European Journal of Contemporary Education, 7(4), pp.690-698.
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