The Olympic Event Is Not An Exemption Because

3903 WordsFeb 18, 201516 Pages
Introduction Legadec 2007 argues that the universe had entered a totally new era of extreme events accompanied by risks risk of their own kind. The globalization process has greatly contributed a lot to the risk-changing environment that is growth in technology, environmental, economic and social culture. These factors are facilitated by urbanization, the increase in the interdependence and the technological innovations However, the Olympic event can be theorized as one of the magnets that greatly amplifiers both the operational and organizational risks. The Olympic event does generate its own unique set of risks and at the same time in also boosts the consequences and the probability of threats and hazards. For instance, the 2008 Beijing…show more content…
Internal risks The scope and scale of the modern Olympic is one of the direct sources of the internal risk which is likely to be encountered by the host government (Brazil) and the city (Rio de Janeiro) during the upcoming 2016 Olympic Games at the national level. The level of the total amount of resources required to comfortably stage the Olympic Games has greatly been increased by the consistent increment of the number of events, officials, participants and the media viewers. Currently the 20016 Olympic budgets are estimated to be around $33 billion. The economic risks that face both the international organizing committee and the host city (Rio de Janeiro, Brazil) have been increased by the increase in scale of Olympic movement. The gradual increase in cost and revenue over the years has resulted to potential losses increasing proportionally to the potential gains (D 'agati, 2013). Majority of the host governments at the recent Olympics have typically underwritten the cost of policing, infrastructure and other public services, while on the other hand they try to offset operational costs against the commercial revenue. The 2016 Olympics is not exception to this kind of risk because of the desire to secure the Olympic bid. Therefore, the relationship of direct scale to risk is significantly represent in the in the operational and organizational risk for both the Brazil 2016 organizing committee of the Olympic Games
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