The Positive Effects of Hosting the Thirty First Olympic...

More recently passed the closing of the Olympic Games in Sochi, and now the whole world is looking forward to the upcoming Summer Olympic Games in Rio de Janeiro, known as marvelous city, whose government allocate huge amount of money for this event. The marvelous city has been elected in October of 2009, after the election of the hosting city among Madrid (Spain), Chicago (U.S.A), Rio de Janeiro (Brazil) and Tokyo (Japan), becoming the first host city of the Games of the Summer Olympiad in South America. In order to be ready for hosting, the government of the Rio de Janeiro has already started to prepare for the Olympic Games, which will continue from 5th to 21st of August 2014. About 15 villages, stadiums were built and reformed. Moreover, 5 stadiums are going to opened in 2015. (www.olympic.org) The overall budget for the 2016 Olympic Games in Rio de Janeiro is approximately $14.4 billion, which is about R$5.76billion.(www.brazilnyc.com)Despite this, to attract more tourists f rom all around the world and gain more profit from the games the government should spend more money, even if it is over the budget. To be ready to hosting the Olympic Games, the city’s life conditions must be convenient. Nonetheless, the Rio de Janeiro’s most residents’ life conditions are the worst. The index of Rio de Janeiros population has led to a severe shortage of housing. Millions of people had to build their own houses from crowbar materials, such as wood, metals, sheet. That kind ofShow MoreRelatedThe Economic Impact of the Olympic Games3036 Words   |  13 Pagessignificant economic and social benefits for communities and regions. In seeking to understand the field of special events, I took as a case study the Olympic Games mega-event. KEYWORDS: special events, Olympic games, mega-events, economic impact, investments INTRODUCTION The fundamental aim of this research is to measure the economic impact of the Olympics globally, regional and local. During the 1990s, there has been a growing number of people advocating a move away from mass tourism to formsRead MoreSome people say that parents should decide on what kind of medical care their children should receive, while others believe that this is the state’s responsibility7734 Words   |  31 Pagesthis training could be more effective. The first is that the majority of recycling takes place in the home and parents can therefore more easily control the recycling habits of their children.   If, for example, parents see their child put a recyclable bottle in the wrong bin, they can explain that it needs to go in another bin. The other very practical point is that often children spend more time at home than at school and so parents may have more effect. 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This firm falls within the family entertainment center (FEC) industry and opened its first location in 2010. Currently, the business has three open locations: Tampa, St. Petersburg, and Orlando. It offers services specifically for trampoline usage but also diversifies by providing an arcade and a cafà ©. During 2011 the company’s revenueRead MoreUAE Consumer Lifestyle Analysis42818 Words   |  172 PagesConsumers 3 Rental Rates Plummet Across the Uae, Adding To Consumer Disposable Income 4 Environmentally Friendly Consumers on the Rise in UAE 5 Consumer Segmentation 6 Babies and Infants 6 Kids 7 Tweenagers 7 Teens 8 Twenty-somethings 10 Thirty-somethings 10 Middle-aged Adults 11 Older Population 12 Table 1 Consumer Segmentation: 2005-2009 12 Table 2 Consumer Segmentation: 2010-2020 13 People 13 Population 13 Marital Status 14 Town Or Country 15 Table 3 Population by Age: 2005-2009Read MoreExploring Corporate Strategy - Case164366 Words   |  658 Pagesequipment. It was a leader in developing the new ‘super-clubs’, fronted by ‘super-DJs’ earning six-ï ¬ gure sums for playing other people’s music. By 2001, over two and a half million clubbers had visited Ministry of Sound nightspots and that same year its ï ¬ rst festival weekend attracted 55,000 people at Knebworth. The business developed in many directions during this period. A magazine aimed at clubbers, Ministry, was launched in the mid-1990s and achieved a readership of 300,000. The Ministry of Sound radio