Benefits of Hosting International Sporting Events - Case Study Example

nbsp;Major sporting events are usually beneficial to the economies of the local, regional as well as national countries.... nbsp;Major sporting events are usually beneficial to the economies of the local, regional as well as national countries.... This paper will discuss the benefits of these sporting events to the businesses and the economy of the host country.... … The paper "benefits of the Olympic Games to the Businesses and the Economy of the Host Country" is a good example of a business case study....

As discussed by Soonhwan Lee (2001) in The Sport Journal issue this is a lot of controversy surrounding the validity of the economic influence of sporting events.... As discussed by Soonhwan Lee (2001) in The Sport Journal issue this is a lot of controversy surrounding the validity of the economic influence of sporting events.... It is in the view of economists that studies that are commissioned by leagues and events do not bring a clear picture of the economic effect that big sporting events and professional franchises have on the local communities....

The FIFA World Cup is one of the largest sporting events on the planet, held every four years.... The FIFA World Cup is one of the largest sporting events on the planet, held every four years.... Just like other huge global events, the effects and sustainability are an important aspect of the event (Raj and Musgrave 2009, 2).... During World Cup events, economies of host nations experience robust economic activities and increased demand for commodities....

… The paper 'benefits of hosting the Federation of International Football Association World Cup " is an outstanding example of a management case study.... The paper 'benefits of hosting the Federation of International Football Association World Cup " is an outstanding example of a management case study.... In deciding whether the country should bid for the 2030 FIFA World Cup, we need to take a closer look at the positive and negative factors of hosting the event....

… The paper "benefits of the Conference and Exhibition Industry to the Society" is a great example of a Macro and Microeconomics Assignment.... nbsp; The paper "benefits of the Conference and Exhibition Industry to the Society" is a great example of a Macro and Microeconomics Assignment.... Conference and exhibition industry is an industry that involves organizing business events where training, displaying and marketing of goods and services are done....

The most common events are sporting events.... Examples of mega sporting events include the Summer Olympic Games, FIFA World Cup, Rugby World Cup, Winter Olympic Games, Cricket World Cup, and British/Irish Lions tour (Burbank 2002: 180).... … The paper 'Mega-events and Hallmark events' is a great example of a Management Case Study.... In recent times, there has been a shift towards the study of events and their importance in the field of tourism....

Australia understands the benefits of hosting the event but also appreciates intricacies associated with hosting such events.... Research Aims and Objectives The aims and objectives of the research are: Review the weaknesses of the 2011 bid Review the strengths of the 2011 bid Benefits and significance of hosting the event Threats and negative consequences of hosting the event The Significance to both Industry and the Community The significance of the bidding to the industry and the community bring into consideration the following information: The country features such as hospitality and tourism sector can benefit (Baade and Matehson, 2004) The country introduces new infrastructural development resulting in the modernization of stadiums, hotels and other infrastructures (Nooij, Berg and Koopmans 2013) Creation of new employment opportunities and other opportunities that can boost the economy 2....