Cost and benefit of the London Olympic 2012 Dissertation

Cost and benefit of the London Olympic 2012 - Dissertation Example Additionally, even the Russian government encountered deficits of approximately 9 billion US dollars after organizing the 1980 Olympic Games. Nevertheless from the subsequent Olympic Games that were hosted by Los Angeles in the year 1984, the Olympic Games were commercialised as an event. As a result, Los Angeles earned direct revenues worth 200 million US dollars and indirect revenue of 3 billion US dollars from the 1984 Olympics. With the passage of time and the rapid commercialisation of the Olympic Games, more and more cities have become interested in hosting the event as it produces big fortune for the city and impel the economic growth of the country. In the year 1992, Barcelona hosted the Olympic Games, and earned direct revenues greater than 9.5 billion US dollars in addition to indirect revenues worth 16.4 billion US dollars (Brunet, 1995). This magnitude of profitability and the enduring legacy economic affect on the city owing to the organization Olympic Games, catch the f ancy of a number of big corporate houses who endeavour for the sponsorships. It is evident the financial as well as economic impact of hosting the Olympic Games is anticipated to be extensive, predominantly at the local level and to a smaller degree at the country level. The total financial consequence of the Olympic Games on the city or the nation hosting the Game is generally spread over the years. Hence, the study of economic impacts of the Olympic Games on the host city has been a popular topic of investigation for researchers. The 2012 Olympics is being held in London. It has the potential of generating huge amount of revenues as well as exhibit London on the global platform this year. The Olympic Games is expected to motivate a... The second chapter, that is, Literature Review, would focus on the review and discussion of the findings of prior studies on the benefits, particularly financial and economic, of Olympic Games. This chapter would hence discuss the researches that have been carried out by other researchers in the topic under discussion. For the better understanding of the expected financial benefits of 2012 Olympic Games on the United Kingdom, this segment of the research study would focus on the preceding Olympic Games that were held in Being, Sydney, Atlanta, Barcelona and Athens among others. In this context, the financial and economic benefits that these host nations had enjoyed would be conferred with the help of cost benefit analysis. The thorough study of the impacts of the past Olympic Games on the host nations would endow us with an apparent outlook of the expected financial benefit that the United Kingdom could potentially gain this time.   The Literature Review would also accentuate on th e anticipated financial scenario in the UK, subsequent to the 2012 Olympic Games in London.Chapter Three: Research MethodologyThis chapter would consist of a discussion on the selection of the appropriate methods and approaches for the execution of the research study.   For a better identification of the appropriate research method for this study, this chapter would initially present a comprehensive discussion of all the research methods along with their advantages and suitability. The chapter would also discuss the strategy.

Internet and the E-Commerce Flower Business Research Paper

Internet and the E-Commerce Flower Business - Research Paper Example The paper tells that individuals in the modern society over-rely on the internet for easier transactions that may involve reaching the message receiver more conveniently. Traditional methods that would entail physical involvement in the transaction are being surfaced by the technological advances that promise faster and more convenient business and social transactions than the previous methods. There are always various setbacks involved in businesses and the internet developments majorly entail reducing constraints and extra costs incurred in the traditional means. The internet has managed to integrate various forms of communication and entertainment entities in a single library that various individuals can access. The other advantages that the internet entails are in its inability to discriminate against age. Any individual with the proper documentation can create their own website to host their business and complete transactions with the click of a button. The development of this t echnology has presented numerous advances in the overall profit generation creating a wider market for a company to generate maximum profits. Marketing and advertising strategies have been established as the major entities to sell an idea and promote new products presented to the consumer population. Depending on the creativity of the marketer, and the resources applied to reach the customer population the returns expected are measured. The internet guarantees a wider market target to explain the desired product to the user. In this case, the flower business that presents numerous challenges may apply the E-commerce method to offer its sustainability within the market. The E-commerce concept normally involves distribution of the trading qualities over the internet and the transaction completed online. The final process normally involves the product delivery to the customer. This paper seeks to explain the developments achieved in the business industry by applying the internet as the trading media and the flower business as a reference. Impacts of the Internet on Global Finances Grosse explains that the internet has changed the global financial trends sine 1990 from offering financial service like banking to the provision of insurance packages that have found new measures in selling their provisions (Grosse, 35). He majorly dwells on the positive implications that the internet has accorded the banking industry with the electrical money transfer system that ensures safer measures in handling the transactions. It had become cumbersome top queue for longer hours to be serviced by the bank tellers and sometimes insecurities attributed to mugging and loss of money. The major contribution that the E-commerce has directed in the market is the management of the business time, offering minimal period spent on negotiations. The constituent of the trading commodity may be tangible or limited to internet transfer trends including money transfer. The E-business entity means the transaction happens exclusively via the electronic device, and in this case the internet provides the platform (Basu, 18). The E-commerce entity had initially been crude and mostly provided unsafe venues of trade because hackers could gain access to the information that jeopardizes the overall process. With several measures and security inscriptions, safer measures have been applied to reduce on piracy as a series of input codes and security firewalls developed to promote the medium. The aspect of internet trading revolves around the presented transaction and its nature and bulk. Normally, the internet is capable of handling the majority of the business transaction provided the parties reach an agreement towards the terms presented to make it a success. Through exchange of policies, figures in numbers ad possibly images of the advertised entity, the agreement can be solved easily. The negotiation oversees the transfer of the agreement over the internet