When it comes to international sports

In 200 words, please respond to the prompt as if you were contributing to the discussion:When it comes to international sports, there are some implications that need to beevaluated. One focus is through ticket sales in regard to the world olympics. The majorissue when it comes to ticket sales for the olympic games is the fact that there are morethan 17,000 athletes competing from more than 50 countries across the globe (Fried,2013). Distributing tickets is a task in itself when it comes to international competition(Fried, 2013). The olympics in Beijing managed their ticket sales through online sales,and also pushed them through the Bank of Beijing ( Chinese Law and Government, 2009).Within the olympics in Beijing and how they managed ticketing, the committee brokethe ticketing into phases (Chinese Law and Government, 2009). With this four phasesystem, the ticketing organization was able to manage the amount of tickets,allottments, pricing, applications for tickets, and managing the channels in which thetickets would be sold (Chinese Law and Government, 2009). When it comes down to thepayment for tickets, the committee does not take payments until the applications arereviewed and the lottery is drawn (Chinese Law and Government, 2009). In my opinion ofticket sales when it comes to international sports, I feel that there needs to be aninternational committe that controls and manages the tickets of internationalcompetition. The issue that comes about as unfair, in my opinion, is the fact that thehosting country/city has the management of the tickets. I think this can be favoredtoward that particular country and their business partners. When it comes to ticketingcosts, they need to be made fair in relation to each country represented. I feel that thetickets need to be priced evenly based on the currency value of the hosting country.Another point in regard to international competition is the point of broadcasting.Broadcasting is where the money is made. For the international sporting events, theorganization hosting the sporting event is able to sell the broadcasting rights across theworld (Fried, 2013). Broadcasting rights can cost upwards of hundreds of millions ofdollars (Fried, 2013). I think the broadcasting is the most important part of internationalcompetition. The cooperation and agreements to extend the sporting events across theworld is very important because it allows other countries to see the other sports andteams outside of their country. I think that this helps to spread diversity and sportrecognition.Overall, international sports have a great influence throughout the globe. There areissues that go along with international sports, like ticketing, but there are also veryinfluential positives through broadcasting.References:Fried, G., & DeSchriver, T. (2013). Business Structures, Bankruptcy, and Taxation. InSport finance (3rd ed., pp. 97-103). Champaign, IL: Human Kinetics.The Second Phase of the Ticket Booking Policy on Sales to the Public Abroad for the2008 Olympics. (2009). Chinese Law & Government, 42(3), 18-30.