Money, Competition, Benefits According to Wang Hui, a spokesman for the 2022 Beijing Olympics, “The 2008 games left a profound legacy, such as accessible venues and an urban transportation system that we are still using.” The Olympics are an event that only occur every two years, alternating between summer and winter games, and fascinate many people throughout the world. Thousands of athletes compete in the worlds best sporting arenas, all with one common goal: to take home a gold medal. Over the years many controversies have surfaced regarding the cost and whether or not there are benefits of hosting the games. Every Olympics can cost anywhere from the low to the high billions of dollars, and that raises debate for every country planning to …show more content…
Finally, another benefit of the Olympics is the creation of sporting venues, which have allowed for hundreds of other mainstream events to take place and attract hundreds of thousands of visitors and generate a large amount of revenue for a city (Evans). Sporting venues will remain open, and if they host a large event, then it will become an attraction and provide a large revenue for many …show more content…
” The Olympics aren’t just hosted in your local community pool or your childhood ski resort, they require the development of world-class and reusable sporting venues. Few cities have these complexes, but most cities do not, meaning that they will need to be built. This makes the process for choosing an Olympic host country very critical because of how it might benefit and effect the future of the country. Many people can argue that billion dollar stadiums that are built, crumble before the end of the Olympic year. In 2010, the Vancouver Olympic Centre, where curling events took place, has been renamed to the Hillcrest Centre, has started a local curling club, is now an ice rink, has indoor and outdoor swimming pools, and is a community gathering place. Another example from Vancouver is Richmond Olympic Oval, which was a skating track, now houses two ice rinks, badminton, volleyball courts, an indoor track, and a fitness center, which are all completely open to the public and local residents (Evans). Vancouver is just one of the city’s that are reaping the benefits of building and reusing their venues.
Since 776 BCE, the Olympics have been a way for people of different cultures to come together and compete in friendly competition. In 1892 the first modern Olympics were held in Athens, although it had been over a thousand years since the last game it still had brought together an assortment of different religions and ethnic groups together. Many factors shaping the Olympic Games reflect the changes that have taken place in our world since the last game in 393 CE in Greece such changes include woman’s suffrage, global economy, world wars, and proving competency.
The games also impacted the downtown area of the city as much renewal took place in order for Atlanta to put its best face forward. A more attractive inner city area was the result. Improvements were made to public transportation, retail amenities and public areas such as parks and walkways.
There are many factors that have shaped the cutting edge Olympic development from 1892 to 2002. The unique objective was to make a global group through games rivalry. Much like the Ancient amusements between Greek city-expresses, the recreations were made to advance solidarity. Be that as it may, as time passed numerous overall occasions, for example, the Cold War and ladies' suffrage adjusted the objectives of the Olympics. Political perspectives and developments started to shape the Olympics. Furthermore, economic increases and interests turned into an essential part of the Olympics. The cooperation of countries amid the twentieth century included patriotism, and additionally social, political, and economic purposes behind joining and taking
Today we owe one of the largest global social gatherings to the Greeks, the Olympic games. The Olympic games were held every four years in Olympia, Greece. Today “the Olympic games are held every four years, with the summer and the Winter Games alternating by occurring every four years but two years apart.” Just like the Ancient Olympic games, today’s Olympics are designed to be a time of peace in which all nations can come together to compete in different sports.
The Olympic Games have been held every four years since 1896. Three times, the games were not held because of a world war. There were no games in 1916, 1940, and 1944. The first competition in modern times was held in Athens, but not all of the games have been held there. The Olympic Games are held in many different cities around the world. The 2008 Olympic will be held in Beijing, China.
Billions of dollars and hours are spent, every four years, preparing for the Olympics. In the mid 1990’s, the schedule was modified to have alternating summer and winter games on a biyearly cycle. Countries fight for the honor of hosting these worldwide games. At first glance, it may seem exciting and glamorous to be chosen to host the games. The Olympics can offer the opportunity for the world to see the host city and surrounding area at its best, potentially generating future tourism and fame. A short term economic boom may result due to the creation of jobs, added tourist revenue, and other growth. Hosting the Olympics generates excitement and enthusiasm in cities and countries that may need a boost. However, when one takes a look further
The sports industry is a very big business that contributes great amounts to the economy in terms of turnover, taxes and jobs. The sports industry has an economic cycle. So it depends on different parts of the year to hold big events. The benefits to be gained are that local communities as suppliers of services and goods obtain increased business.
The Olympic games is a series of events that takes place every two and four years that originated in Greece to honor the Greek gods (Cartledge 1). The Olympics is an inspirational contest where many nations of the world come together and compete. This pertains to the athletic competitors who have trained for years to enter the Olympics. This includes swimmers, boxers, hockey players, runners, cyclists, ice-skating, figure skating, and many other sports (Cartledge 2). The Olympics have changed since ancient times because of technology, innovations, and a broader audience.
The Olympic Games are the leading worldwide sport event that held every 4 years, featuring thousands of international athletes from more than 200 nations participating in a variety of sports competitions. Although the Games are about winning the sports competitions, they also provide a platform for the nations throughout the world to learn different cultures and share uniqueness. The Games are important, and have to be held because they transmit a message of friendship and peaceful between nations.
With over two hundred countries participating, the Olympic Games is easily considered as one of the largest multisport event known to history. The Olympics are held at a different country, and even more rarely at the same city. For a country to be chosen to host the Olympics, the country’s National Olympic Committee (the country’s representatives for the Olympics) nominates a city (from the country they represent) that they think has potential in hosting the Olympics nine years prior to when they wish to host the Olympics. It is a two year process that consists of: Application Phase, Candidate Phase and the Election of the Host City. The country that wins the election is given seven years to prepare for the Olympics. (International Olympic Committee, n.d., p. xx-xx) The hosting country expends billions of dollars, usually money they don’t have, preparing for the Olympics. Then the question is raised 'why would a country go through so much trouble and spend an outrageous amount of money to host this event?' Throughout this discussion paper it will address all the pros and cons for a country to host the Olympics. It will also see if a smaller sports event can produce the same benefits the Olympic offers with less cost and risk.
There are lots of definitions and interpretations for the term LEADERSHIP. One is “A relationship through which one person influences the behaviour or actions of other people” (Mullins, L.J. 2002, Management and Organisational Behaviour, 6th Edition, FT Publishing, p904). Another popular definition would be, “the process of influencing an organization or groups within an organization in its efforts towards achieving a goal” (Johnson, Scholes & Whittington, 2005, Exploring Corporate Strategy, 7th Edition, FT Prentice Hall, p.519)
Many people would question if the cost of the Olympics is worth it. Billions of dollars are used to make the Olympics what it is, and a lot of money is spent on manufacturing medals, and building arenas for the sports events. The arenas also require lots of money to maintain during the Olympics, as well as afterwards if they are to be recycled as sporting event centres. Housing for the athletes also takes quite a few million to create, even though they are only used for athlete housing for a couple of weeks. So much money was put into things like accommodation, but there were many complaints from everyone residing there that most parts of the building were incomplete or malfunctioning. The 2014 Winter Olympic Games in Sochi’s original budget was twelv...
Firstly, being the host of a major sporting event such as the Olympics could actually benefit the hosting countries’ economic and cultural benefits of the Olympics. The Olympics have a very wide reach in this modern day with. This is a plus especially with the existence of today’s social media and the Internet. In the economic side, it could actually be a very powerful marketing and publishing tool for the host country. With all the present technology that is available nowadays, it actually is a good way to promote a certain country to the world. This eventually increase the economic level of the country that is hosting it, as they will receive visitors from all over the world and they will eventually spend their money to the host countries, thus improving their economics. Winbey (2014) states that the 1984 Los Angeles Olympics are somet...
One may disagree that hosting Olympics is not worthwhile as it requires a city or a country to bring out an enormous sum of money for the preparation and planning of hosting the Olympics. Zimbalist (2012, pp. 116) says that the summer Games roughly generates a total of $5-$6 billion and almost half of it belongs to the International Olympic Committee. On the other hand, the cost of the games has increased roughly
Some countries that have not been successful are Beijing, Sochi, and Rio, these cities definitely did not plan ahead because they lost up to $40 millions on the venues (Wendel). If these cities want to host this major sporting event then they need to plan head and think for the future to be able to prosper. According to a writer at Aperion Global, “Over 20 countries competed in the 2012 Olympics Games in London and a ticket to the opening ceremony cost USD $3,139 (£2,385). The city USD $758M in construction costs and earned USD $2,569M in broadcast revenue. Twenty million people visited the city and $14 billion was generated.