Events Management- Evaluate the current level of understanding of Essay

Events Management- Evaluate the current level of understanding of Events Impact and Events Stakeholder Management and how it integrates into the Events Management Process (EMP) - Essay Example One example can be Thredbo Jazz Festival which continues for three days. This community festival entertains people with popular Australian jazz music, good food and wine. This festival helps to bring extra revenue in the region (Thredbo Jazz Festival, n.d.). One example of an academic event in Netherlands is the Holst Memorial Lecture held on 29 November 2012. It was organized by Philips Research and the Technische Universiteit Eindhoven. The social purpose of the event was to bring together scientists, research students and professionals from different institutions (Holst Memorial Lecture 2012, n.d.). In small towns, events and festivals help to develop the economy as major part of local revenue is garnered from the employment and tourists that are part of such events. The Peter Anderson Arts Festival which was first started over 30 years ago has been a huge source of income for downtown Ocean Springs. This festival attracts 100,000 people annually in a community which has only over 18,000 residents (Carter & Zieren, 2012). Events can have social impacts on communities as they offer people outlets for various activities. Events and festivals are reflections of the ideological values of the community and this helps in establishing the image of the local community. Through such events people of a community find opportunities to strengthen relationships with one another (Tassiopoulos & Johnson, 2009, pp.76-77). The environmental impacts of events can be both positive and negative. Events can create environmental awareness in the community. The transport and communication system gets improved as a result of events and this leads to urban transformation. But, events can also pollute the air and water by littering and carbon dioxide emissions from excessive travelling. Also, events use considerable resources like water and lights thus putting pressure on the local resources (Heitmann & David, 2010, p.187). The triple bottom line (TBL) which