MOD003325: Olympics Event Impact on Business, Society, and Environment

This report provides a comprehensive analysis of the multifaceted impacts of hosting the Olympics, examining economic, social, and environmental perspectives. It explores the economic benefits, such as tourism and job creation, while also addressing the costs to taxpayers and the challenges of future trade. The report delves into the social impacts, including the creation of community centers and the improvement of social conditions. Furthermore, it assesses the environmental consequences, such as carbon footprint and pollution, alongside sustainability efforts. The report concludes with recommendations for maximizing the positive outcomes and mitigating the negative effects of hosting global events.

Academic and Professional
Skills

Contents
INTRODUCTION...........................................................................................................................3
Various impact for hosting an event.......................................................................................3
Job Creation............................................................................................................................4
The impacts from an environmental perspective....................................................................6
Impact from a social perspective............................................................................................7
CONCLUSION................................................................................................................................7
RECOMMENDATION...................................................................................................................7
REFERENCES................................................................................................................................9

INTRODUCTION
An event is explicated as an approach which states for a limited duration but the reach of
event is based on global level. Large number of funds and public interest are two important
perspectives that impacts on population and environment of a country. This report is written to
understand the impact of event organised by government to host the Olympics. Moreover, this
report highlights on the impact of various perspective including health and social care,
economical aspect and tourism as well as hospitality industry to study challenges which will be
faced by organisation at time of Hosting Olympics event. There are different perspectives
specifically the business management study to understand impact on economic activity, social,
environmental and tourism industry of Olympics games will be included. The positive impact of
economic identifies to improve monetary resources and on other negative perspective define
change in exchange rate.UK is a developed country and the main issue for report is economic
management. Brexit decisions impacts on country rules so it creates challenge because public not
show interest to purchase ticket of Olympics event. On other side, persons are motivated as
Olympic event increase tourist number and purchase or sale of activities and it increase terms
with positive approach by improving flow of monetary resources.
Various impact for hosting an event
Hosting an event, which are supposed to manage at international level can impacts on different
basis such as economic, health, environmental and social perspective of the country. The cost for
hosting an event is one of the major benefits or challenge for a country like, a number of new
jobs is created for completing the event in an organised manner but with the complete of event
jobs are also diminished (Brosio, Piperno and Pandiello, 2016). Similarly, hospitality and event
an important role to complete work as it leads to perform task that outweigh about benefits such
as increase in sale of organisation. There are different benefits managed and it is used for
enhancing international level and it greater international acceptance. Persons also states
management and it is used for defining work with understands of improving acceptance sporting
event. It is also important and this is used in managing process which is used to develop for
market about enhancing results. For performing all work infrastructure and this aids me for

enhancing improved results. Olympics events and their impacts on different perspective is
mention as follow:
Economic Impacts
Countries which host and manage the Olympic games invest huge amount of funds within
the terms of dollars that is identified among country to enhance and boom the economy of a
country. Tourism spending that is identified for managing work that leads to invest and develop
better infrastructure for performing all task to complete and manage all work for investing high
amount in game activities (Chalip, 2017). Hosting of Olympics perform an important role to
manage and complete all task with motive of completing work to improve company profits. The
enhancement in economy defines about all task which is used to manage and corporate
sponsorship so the investment is increased within country.
Job Creation
With the Olympic event government generate a lot of enthusiasm and the great
expectations. More than the simplify of a sporting event the greatest show is identified because a
country host and develop an event for completion of task with once in a lifetime opportunity.
This provide new infrastructure that deliver benefits to local residents for undertaking job. It
define person manage and implement modern Olympics. Some of the sample Olympic jobs that
makes event come together.
Catering- All the athletes and guest need to be fed and most of them are from
international background. So the rich and diverse culture of food needs to be managed by the
country. Chefs are facilities with international team background and they are ready to serve
crowds. So the catering related job is formulated at large level at time of Olympic event.
Security- The term 2016 RIO Olympics is the first aspect and premise which is used to
come with perspective of analysing the unique set of security challenges (Chanavat and
Desbordes, 2014). Within context of managing event at successful manner, this refers events are
created at large level for managing and completing work by preparation of generating high
security force. In simple terms, security job define personnel generate Olympic procedure to
perform all work with motive of generating situational awareness.
Olympics play an important role and it undertakes as a huge part for hospitality industry and it
also enhance about all task by which firm are at stage that is used to enhance the constant aspect
for completion of organisation work. This is also used by management that music, sport and

learning centre that aids to improve market by operating business in an organised manner.
Therefore, job creation aspects is essential to engage in country for completing all task with
motive of performing all work on individual basis.
Cost to tax payer
The event holds in Olympics undertake about competition and heroics that is used to
manage all work with national pride. Host country invests deeply within the games. For example-
The Sochi Winter Olympics was completed with cost of $ 50 billion by managing work with
motive of defining national economy by undertaking tourism, marketing and other source of
income (Jablonsky, 2018). Therefore, the value for tax is also increased and this is used to
improve the collection with motive of managing all work by performing all tasks with a cost of
$12 billion (https://journalistsresource.org/studies/government/infrastructure-government/
economic-and-cultural-benefits-of-the-olympics-research-roundup/). This is also essential for
persons that make an individual more stronger for completion of task with global sporting mega-
events. But in context of host country revenue is based on event. The concern about all
perspective which is used to improve benefits with implement of advance model and it is used to
complete all work by motive of performing task aids to improve benefits by collecting of tax.
Planning is an already complex task and the addition of foreign country rules and offer
better result for completion of event. On the other side, major challenges are faced by
management and it refers to make an event successful. Some challenge to host Olympic event is
understand of local business customs and it define about finance policy towards business practice
that make complex practices for complete of event (Lee, Mjelde and Kwon, 2017). Along with
this value-added taxes encounter about different challenges and this leads in completion of task
by improve of generating region as per (VAT) is likely about the place. It is because events are
completed and performed with motive of performing task by paying tax on events.
Future trade
With the study of research it is identified that public support is an important term for
management and it is used to complete all work according to decided task. There are different
roles performed by management and this is used to generate international Olympic Committee
and it ensure bidding process aids to complete all work with use of social media. Along with this
public manipulate with media that is used for improving investment in an organised manner.

With motive of managing task it is analysed that realization aspect engage about cost as it is used
to emerge start import and export activities to complete all work in a proper manner.
All games that are implemented within the Olympic event that is used for arranging events,
conferences and exhibitions in order to generate the driver as it makes engagement of persons
within perspective of defining task with methods that generates long term events with a vital
component. The period related with Olympic events is short but this is used for completion of all
tasks by undertaking events that makes components about organisation in order to define changes
with becoming top leader in the business industry (Lu and Yang, 2015). Overall, future trade
activities are increased but they are only for a short period. But with formulation of quality
products and services trade is also improved in upcoming future.
To formulate event place as tourist destination- This is a common question and it relates with
individuals that define all work is managed with decided venue. After the complete of Olympics
event it is easy to understand venues but most of the stadium need to be renovated and it aids on
completion of event with is to preserve. So number of visitor is constant as a visitor of country.
The impacts from an environmental perspective
Large scale or global event such as Olympics formulate hazards for human health and it
include change in climate, stratospheric depletion in ozone, difference in eco-system and loss of
bio-diversity. The major impact that is analysed by the host country is change within water level.
Along with this change the level of fresh water is also reduced due to which food production
process of country will be reduced.
Carbon footprint and pollution
In line, with the Olympic Agenda, IOC define that work must be complete with carbon-
neutral organisation (Park and et. al., 2019). All the efforts are implemented to reduce carbon
also an effective carbon mitigation programme is implement with motive of minimising
pollution. Moreover, organisation estimated carbon emission is stated between period of
Olympics games is 250kt and it is set that all building relate with standard that generate power
from renewable energy sources (https://www.olympic.org/news/olympic-games-to-become-
climate-positive-from-2030#:~:text=The%20organisation's%20estimated%20carbon
%20emissions,mostly%20powered%20by%20renewable%20energy.).
Sustainability

From the past few years, government, NGO and citizen all are aware about the impacts of
pollution that relates with country. This is because pollution start to impact on greenhouse–gas
and this is because host cities simplify their efforts to understand tech and innovation. This is
because billions of dollars is invested by Host to make concern about sustainability in
environment.
Impact from a social perspective
The provincial Government of the Host country, an unblemished network center which is
utilized by in excess of 40,000 individual complimentary. Arranged in a network that faces
numerous difficulties, from wrongdoing to medications to neediness, this space has assisted with
improving the social conditions in managing task by giving elevated level brandishing meetings
just as business open doors for the nearby populace (Schnitzer and et. al., 2019). The site visits
were pointed toward presenting representatives to ventures outside of their nations of origin to
support brings home learning. Occasion association think these global encounters are significant
and it was new and invigorating for analysing to perceive how Peru executes sport for all
activities, all things considered," to manage all work by motive of managing social benefits.
CONCLUSION
With the analyses of above report, it is concluded that global events performs an
important role for improving the performance of country. But it is also complex for individuals to
define and understand different roles with developing the system of formulating task with
positive and negative aspect to complete work as per decided roles. Economic plays an important
role and this is used for making an event more successful. Issue related with job creation and cost
to make perspective about the areas through which number of tax payer is increased by providing
job opportunities to host country such as increase tourism activities are engaged at large level. In
the last, some recommendation is also provided to complete task in proper manner.
RECOMMENDATION
The analyse of all events aids a country to perform their task with motive of completing
all work by analysing aspects that enhance and improve country-basis for managing and
completing all task through maximise possibilities which aids to manage and complete all work
with perspective of managing work according to company results and action. Some
recommendation according for improving organisation is mention as follow:

 Academic skills include different perspective that is used for learning and it undertakes
reflective learning, independent learning and learning by completing different task and
activities. So the first recommendation is to undertake and understand factors that aid to
use education for minimising company roles.
 Professional skills play an important role for an individual and it aids individuals to
analyse and solve problems with adoption of current knowledge factors. There are
different task performed and to boost individual knowledge person by focus on creation
of jobs. This results that trade activities is also increases through use of understanding
factor with making economic aspect.
 Future trade activities is also understand to make trust through which individual improve
trust by examining all factors with use of examining factors to seek variables that
improve capability for individuals. In simple terms, economic parameters influence
persons to improve success and failure with individual skill so population aspects to
implement better aspects for country.
 The last recommendation that is managed according to organisation results defines all
models that are used for formulating longer results. It consist population who is local
engaged for Olympics to analyse and understand about action with local premises.
Moreover, with understand of all activities it is identified that event organiser must
develop better relations with stakeholders to complete event in proper manner.

REFERENCES
Books and Journals
Brosio, G., Piperno, S. and Pandiello, J.S., 2016. A tale of two cities: the Olympics in Barcelona
and Turin. In Multi-level Finance and the Euro Crisis. Edward Elgar Publishing.
Chalip, L., 2017. Event bidding, legacy, and leverage. The SAGE handbook of sport
management, pp.401-421.
Chanavat, N. and Desbordes, M., 2014. Towards the regulation and restriction of ambush
marketing? The first truly social and digital mega sports event: Olympic Games, London
2012. International Journal of Sports Marketing & Sponsorship, 15(3).
Jablonsky, J., 2018. Ranking of countries in sporting events using two-stage data envelopment
analysis models: a case of Summer Olympic Games 2016. Central European Journal of
Operations Research, 26(4), pp.951-966.
Lee, C.K., Mjelde, J.W. and Kwon, Y.J., 2017. Estimating the economic impact of a mega-event
on host and neighbouring regions. Leisure Studies, 36(1), pp.138-152.
Lu, Q.S. and Yang, Y., 2015. A longitudinal study of the impact of the Sydney Olympics on real
estate markets. International Journal of Event and Festival Management.
Park, J and et. al., 2019. Sport event tourists’(SET’s) behavior: a case study of the PyeongChang
Winter Olympics. International Journal of Sports Marketing and Sponsorship.
Schnitzer, M and et. al., 2019. Does the young residents' experience with the Youth Olympic
Games influence the support for staging the Olympic Games?. Tourism Management
Perspectives, 30, pp.220-231.
Yang, H., Song, W. and Moon, J., 2019. Mega-Events and Conflict: The Case of the 2018
Pyeongchang Winter Olympics. Journal of Quality Assurance in Hospitality &
Tourism, 20(5), pp.552-571.