Who were the stakeholders of the 2012 Olympics?

Who were the stakeholders of the 2012 Olympics?

These included the London Organising Committee of the Olympic and Paralympic Games (LOCOG), the London Legacy Development Corporation (LLDC), the Greater London Authority (GLA) and the British Olympic Association (BOA).

Who are the Olympic stakeholders?

In summary, the main stakeholders for an OCOG’s efforts to plan and host an Olympic Games include the internal OCOG staff and volunteers, the various levels of governments in the host country, the community members and groups, the media, the various levels of sport federa- tions, the national and international sponsors …

How many volunteers were there in the 2012 Olympics?

70,000 volunteers
Abstract: The hosting of the London 2012 Olympic Games was seen as an opportunity to harness the enthusiasm of the 70,000 volunteers involved and to provide a post-event volunteer legacy.

How does the Olympics affect employment?

Hosting the Olympics provides a huge boost in employment for the Olympic host city and hopefully in turn the host nation. Employment opportunities from hosting the Olympics can be short-term or development of existing industries that have been improved.

How many jobs are created from the Olympics?

Cumulatively, the Games will have resulted in the creation of 1.8 million new jobs across all sectors, more than 370,000 of them this year.

What is the economic impact of the Olympics?

Economists have found that the Olympics’ impact on tourism is mixed, given the security, crowding, and higher prices. In Brazil, the first South American country to host the Olympics, the cost of the 2016 games exceeded $20 billion, with the city of Rio alone shouldering at least $13 billion.

What are the economic benefits of hosting the Olympic Games?

Three major categories of benefits also exist: the short-run benefits of tourist spending during the Games; the long-run benefits or the “Olympic legacy” which might include improvements in infrastructure and increased trade, foreign investment, or tourism after the Games; and intangible benefits such as the “feel-good …

What organizations manage Olympics?

The organisation of the Olympic Games is entrusted by the International Olympic Committee (IOC) to the National Olympic Committee (NOC) of the country of the host city as well as to the host city itself.

Related Posts