EVENTS MANAGEMENT Essay Example | Topics and Well Written Essays - 3000 words

EVENTS MANAGEMENT - Essay Example Nevertheless, the 1984 Los Angeles Olympics changed the economics of major sports events. These games made a surplus of 215 million. The financial success of the Los Angeles Olympics changed the way cities and governments regarded the hosting of major sports events. Partly as a result of this, but also because there developed a greater understanding of the broader economic benefits to a city and country that could result from the staging of a major sports event, cities started to compete fiercely to host major World and European championships across a wide range of sports. This article mainly reports the certainties that events can have a positive impact on the economy and community of the host city or country. Several extents are based on actual findings from studies of hosting countries of major events in order to thoroughly support the events' impact. The appeal of events, more so with major events such as the Olympic Games, is their ability to attract those whose viewing is light and never entails sport. Sports Business illustrates that families with an income of at least $60,000 were 41 per cent more likely to watch the Atlanta Games, i.e. those families with a higher expendable income, which is precisely why sponsoring companies are prepared to invest large sums of money in the event (no. 4). As compared to 1995, Adidas experienced a 56 per cent rise in profits in 1996, the year of Atlanta Olympics. As a sponsoring company they were fortunate to have more than 200 Olympic medals won by Adidas-equipped athletes (Sports Business, no. 4). It is consequently clear that it is in the interests of these sponsoring companies that their particular athletes arrive on time and that there preparation is not disrupted. Major events have enormous value to cities, countries, athletes and sponsors alike. Numerous studies supported the economic impact of events around the world (Yardley et al., 1990; Frisby and Getz, 1988; Mules and Faulkner, 1996; Crompton, 1995; Turco and Kelsy, 1992; Dobson, Holliday and Gratton, 1997). Delivering the right product is important and often ultimately upon which the event is judged. The media will judge the event in terms of an increase in sales or viewing/ listening figures. Sponsors examine the event in the light of the increase in sales before, during, and immediately after the period of the event, while the civic leaders will attempt to appraise the event in terms of the increased exposure of their city as a result of the event and the subsequent economic impact associated with the influx of visitors before, during and after the event (Elvin and Emery, 1997). It is essential for cities and countries to get the organisation right for the reason that people have a tendency to remember the things that go wrong. Due to the high profile of the Olympics (Atlanta having a gross audience of 19.6 billion viewers [Sports Business, no. 4]), any undesirable publicity has an immediate and enormous impact throughout the world. Impact of Major Events on the Economy of the Host Country In the 1980s, the study of hallmark events or mega-events became a significant area of the tourism and leisure literature. The economic benefits of such events have been the main focus of such literature, even though broader based multidisciplinary approaches have been suggested (Hall, 1992; Getz, 1991). Within the area of mega-events, sports events have

Analysis Paper Essay Example | Topics and Well Written Essays - 1000 words - 2

Analysis Paper - Essay Example These transitions are highly stressful and college years have been known to be the most stressful times in life. This stress is caused by academic, personal and social challenges. Students are expected to perform demanding tasks while adjusting to their new environment under minimal supervision. This stress has a negative impact on them which results to smoking, alcohol abuse and eating disorders. Research has shown that stress experienced in this period decreases mental health which leads to depression and low self esteem. Stress has become a major concern for the millennial student population and there is need to analyze this topic in relation to stress tolerance. It is important to note that people react differently to similar stressors. This paper agrees with this article and shall go into detail to explain why. College years are regarded as being the most stressful time in one’s life. The millennial age bracket has distinct features that entail the way they handle stresso rs. The sole purpose of the research discussed in the text was to make out lifestyle habits and coping approaches that are related to varying levels of stress tolerance among the millennial students in their college years. The methodology applied in this research was a random questionnaire that was conducted in a randomly selected college. The questionnaire included coping strategies, symptoms and checklists for stressors. The subjects were grouped into high stress tolerance and low stress tolerance and the STRs (Stress Tolerance Ratios) determined (Hellen et al. 362). From the results obtained, ten coping factors were connected to high stress tolerance, nine were put one in a situation of low stress tolerance while one was a protective factor. According to the findings of the study, it is clear that the lifestyle habits and coping mechanisms presently being used are ineffective. These strategies also put millennial students in a position of low stress tolerance. This article seeks to address the problem of stress experienced by millennial college students during the transition period. The study also identifies the strategies that are linked to low or high stress tolerance. This population is characterized by unique features thereby their stressors are also distinctive (Hellen et al. 365); thus the need for the application of non conventional coping methods. If some coping strategies are efficient, it is possible for students to develop their stress tolerance, not taking action when the stress is out of hand. This article mainly targets the college administration, teachers and general staff. It is an informative article that has information on the causes and symptoms of stress in the learning environment. It can be used as framework for formulating stress coping strategies. The article is also valuable to parents since it helps them to understand behavior of the millennial students and give them the necessary support throughout this period. The subjects themse lves are educated on how to cope with stress and develop high stress tolerance to the highly stressful college period. This is as clearly indicated in the essay. ‘Stress Tolerance: New Challenges for Millennial College Students’ is an effective essay because it is has been written is a clear language, has used supportive evidence to build on its argument and used transition statements to enhance flow. The writer has used simple and clear statements that are easy to read and understand. The essay has clearly