The birthplace of Ancient Olympic Games is Ancient Greece which is called as the Olympic Festival and it was held every four years. Due to the sacrifices of animals were made, a number of the sport competitions occurred which include stadium race, boxing, wrestling, horse riding events and pentathlon such as running, jumping, discus, javelin and wrestling. The winners of the competition were crowned wreath of wild olive and also get great honor. All the Greeks were being allowed to enter into the competition except for the slaves and barbarians. The ancient Olympic Festival was continued until the end of Greek Empire over two thousand years ago.
Baron Pierre de Coubertin which is the founder of the modern Olympic Games, said that the most important of Olympic Games is to take part in but not to win, as the most important things in life is struggle but not victory. The first modern Olympic Games were held in Athens in 1896 which has been chosen as recognition of Greek Festival. Its purpose is to create games in order to ensure that people around the world would compete and meet in friendly atmosphere. The meaning of the modern Olympic is the athlete from each country takes an oath "In the name of all competitors, I promise that we shall take part in these Olympic Games, respecting and abiding by the rules which govern them, in the true spirit of sportsmanship, for the glory of sport and the honor of our teams" at the opening of the ceremony.
The head office of the International Olympic Committee (IOC) is located in Lausanne and Switzerland in order to manage and control the Olympic Movement and the members are from all around the world. The motto of Olympic is called "Citius, Altius and Fortius in Latin which means faster, higher and stronger or braver.
The Objective of Olympic:
The objective of Olympic is strived to promote Olympic Games which meets the standards of sustainable development and also respect the environment. The Olympic Games are to promote sustainable development in sports and needs. Besides that, the Olympic Games also promotes positive legacy to the host cities to the Host countries.
Positive Impact of Olympic:
Besides being a sport, Olympics also affect business and hosting countries which are businesses can gain from Olympic such as increasing sales, advertisements and reputation through sponsorships. Hosting the Olympic Games can bring many benefits for the host country which can be divided into either short term or long term. The short term of economic benefits including of the fresh cash flow from the visitors who visit the host country, athletes, officials, training activities, and media activities cultural events linked to the Olympics and the formation of Olympic committee. There have three major categories of long term economic benefits for hosting Olympic Games which are including the creation of infrastructure is reaching the global standards, the concern of the international community through media and related to the community.
In addition, the positive impact of Olympic is providing job opportunities or employment. We should not be underestimates the level of creating the employment opportunities from the host country. In fact, an economic estimate in Atlanta, Georgia which is a state that organized the Olympic), the result shows that about seventy seven thousands of employment opportunities were been created. The hotel industry and lodging take up the largest part of creating the job opportunities. Besides that, the food industry such as bars also provides job opportunities. Additionally, the construction sector also will be provided jobs since there will be additional infrastructure such as new buildings.
Furthermore,
As a host country, London Olympic Games was the world's hottest spot in 2012. Olympic is an important and massive event that a collection of athletes, media, visitors and politicians from all around the world which is definitely a prestigious role city. According to London, the Olympic Games provided positive impact to the larger businesses in London although there is not reach the extent that had anticipated. But according to the survey of 100 large companies by Deloitte which is the official professional services provider to London 2012. Since the beginning of the Olympic Games, 42% of companies reported that an increase in demand and 77% of retailers increase in demand from the new customers. This result preparation and planning was paid off. Naturally, the greatest advantage is the increasing in Tourism industry. According to London, it was been attracted approximately 300,000 of foreigners and also about 5.5 million day trippers during Olympic Games.
Another fact was according to Beijing China in 2008, the number of visitors or tourists were rising rapidly. This result shows that Olympic brings the host country to increase the visibility. According to Chen Jian who is the president of Beijing Olympic Economic Research Association was estimated that Beijing was received about 600000 foreign visitors and 2.5 million from China's domestic tourists during the Olympic Games along with the number of foreign visitors in Beijing will grow 8% to 9% annually. Besides that, a foreign country student who studying in Beijing was experienced the craze of Olympic Summer by the improvements in infrastructures and commercial services during the Olympic Opening Ceremony. In addition, the number of hotels in Beijing has also increasing in the recent years. That is because since China was entered the WTO and won the Olympic bid, therefore the country was reduced the hotel ownership restrictions. Furthermore, the recruitment in Beijing Olympic sponsors, partners, suppliers and others companies also wants to take the benefits of the Olympic "buzz" in Beijing in order to contribute in increasing of advertisement.
The third fact was according to Sydney Olympic Games in 2000 were praised as the best Olympic Games because Sydney not only did achievements on improving the environment, improve urban construction, promote the development of transportation, real estate and tourism, but it also promote the host city's international reputation. Sydney brought a considerable sum of profits and motivated promote the follow-up industrial development of tourism, transportation and real estate. Especially, it brought the huge number of direct revenues about 2,605 million US dollars which is the most profitable in Olympic Games. Additionally, it stimulated about 500 thousands tourists.
Negative Impact of Olympic:
The Olympics' prestige not only goes along with economic benefits, it also does in downfalls and significant risks which should not be ignored. Therefore, hosting the Olympic Games is very important to the hosting country. To host the Olympic Games is a huge responsible for the country or city due to having a huge risk because the hosting country invested a large amount of money in the games but they do not know about how many visitors coming for the Games. Therefore, they are risking funds without having a backup plan if there is less visitors in the Games. The Olympic Games also will influence the population of the city about one or two months. The city will be crowded of traffic and interrupt the daily of the citizens due to many visitors. Besides that, when the country hosting the Olympic Games, everything must be near perfect such as the street must be clean and in good condition, the stadium must be neat, the hotels must have sufficient reservations for the visitors. This is all about money. However, the money from the visitors or tourists is not enough to support the wastage. Therefore, the country invests a large sum of money in order to keep the city or country clean and well present during the Olympic Games. If any problem occurs during the Olympic Games, the country has to waste money to fix it.
The negative effect of Olympic Games comes from expenditures on transports infrastructure, facilities, housing, safety measures and maintenance in order to meet the requirements or demands of the International Olympic Committee and also to impress to the public. According in London, the total budget comes up to £9.325 billion. This result estimates that the costs of Olympic Games is a difficult tasks. This was result in the final budget was exceeded by £5.906 billion of the projected budget from the bid in November 2004. Besides that, the security expenses had to double. At the same time, there has been twelve fold rises in the management fees by UK Parliament. Therefore, it has been claimed that spending is higher than expected which has been exceeded the positive impacts on economy of United Kingdom.
Another fact was in Athens Olympic Games in 2004 was failed to motivate the economic growths due to lack of publicity or promotion and a large number of expenditures. According to Wang and Chen who said about the large amount of expenditure was about 12 million US dollars which is a big debt will be paid for about 10 years. This result shows that Olympic Games indeed have a significant impact on the economic development of the host cities.
Besides that, another negative impact is social impacts which are cumulative and a wide range of over space and time. Olympic Games may change the significant and the impact assessment become complicating due to the long lead times, dimension and natural of the event. The changes will affect the increasing in congestion, evictions, increasing in prices such as increasing in land rental value.
Conclusion:
As a conclusion, I would like to conclude that the Olympic Games are more than a sport because there are included in cultural, political and economic phenomena. Particularly interest to see Olympic as a tourism attraction, marketing opportunity, media event, the catalyst for urban renewal and development and also was the inspiration for youth and generating a force for peace and understanding of international as well. In fact, it can be said that there value-added, non mainly on sporting, roles which makes Olympic Games becomes unique at the international level and in order to continued survive probably depends on their continuing to play these roles. For example, according to Sir Roger Bannister (1988) who is the Olympic athlete first man to run a mile within four minutes and later became British Sport Minister was discussing about Olympic Games will moves towards the changes but still remain the greatest hopes of the world. Besides that, Olympic is in the deepest interests of the world of the future for them to be continuing.
Furthermore, Olympic Games are much more than a show, the games are open to the world and the entire country has the opportunity to take part in numerous activities such as the marching of the flame throughout the country, cultural activities, educational projects and local volunteer services.
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