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In 2006, the Winter Olympics Were Held in Turin, Italy;

Question 45

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In 2006, the Winter Olympics were held in Turin, Italy; in 2010, Canada took a turn as host.In 2014, Sochi, Russia, will be the host country for the world's winter sporting competition.
From a resource perspective, hosting the Olympic Games is a massive undertaking.In today's business world, planning and responsible financial management are essential elements of any venture.
The text outlines a series of steps that can help put a good fiscal plan in place.
a)Briefly summarize the eight steps in Chapter 3's "Planning Process."
b)Which one of these steps do you feel is most crucial to hosting a successful Olympic Games?
Explain the reasoning behind your choice.
c)If you were going to eliminate one of these steps, which one do you feel would have the least impact on overall success? Justify your answer.
d)Is the decision to host the Olympics seen a wise choice in today's global marketplace? Why or why not?
e)If you were going to become an active participant in hosting these games, where would you like to work? Why?

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