Big Event Financial Management Essay Example | Topics and Well Written Essays - 1750 words

Big Event Financial Management - Essay Example With every FIFA football world cup event, host countries are required to have a minimum of eight highly accredited stadiums and two standby stadiums in case something happens to one or any of the eight reserved for the event. In the recently held FIFA world cup in Brazil, the nation was required to construct new additional stadiums to supplement the already existing fields. Similarly, the Olympic Games have become an extremely costly venture to undertake, especially for the host cities because of the infrastructural improvements that have to be done. Some of the improvements that have to be undertaken include the road networks, communication networks and accommodation facilities within the host cities. Because of the amount of work and funds needed to be invested to successfully host the Olympic events, organizers for the event in the past selected developed nations such as England and Italy and the United States. Out of the possible twenty-seven Summer Olympic Games held since its i nception, Mexico and Brazil are the only developing economies to have hosted the event outside Europe, the United States and developed nations of Asia. Cities such as Seoul and Barcelona used the event to overhaul their urban infrastructure completely. Such was the opportunity that organizers for the event in the two cities were looking out for, to create long lasting positive economic effects that would surely pay off the costs of laying out the infrastructure in the long run.

Mind mapping Research Paper Example | Topics and Well Written Essays - 750 words

Mind mapping - Research Paper Example Likewise, power providers such as the one displayed in Monster’s Inc. do not necessarily have to concern themselves with competition due to the fact that their competition does not spring up overnight because the entry cost into the market is so incredibly high. As was the case with McDonalds, consumer tastes, the price of food, the performance of the economy, the time of year, and the time of month have massive impacts on overall total sales levels. For this reason, firms like McDonalds are much more beholden to the swings of the external environment than say a power provider. However, at the end of the day, both companies must be mindful of the external environment because to ignore it is to ignore the future viability of the firm. Within Monsters Inc, the viewer is presented with secretaries and administrative staff, the CEO, HR and quality control, machinery technicians, janitorial staff, primary agents (the Scarers), and security and disaster remediation staff. Whereas at a regional McDonald’s location you do not see the stratified corporate footprint as was exhibited in Monster’s Inc.; instead, you see the cooks (technicians), the drive through staff (sales and customer service), cashiers (finance), and shift supervisor (management) (Bacon, 2011). Within Monsters Inc, you are aware of a training department, a quality assurance department, an HR department, a CEO, and a security team. Likewise, when working at McDonalds, the corporate footprint was less stratified. Because of the fact that I was working in the franchise operation, I was not necessarily aware of the larger operations taking place outside my field of view with reference to McDonalds as a corporate entity. Sadly, the environment within McDonald’s was an abysmally miserable one from my personal experience. It was so bad in fact that I chose not to continue my employment with the company longer than the