The paper “ FIFA Qatar Business and Economic State” is a persuasive variant of the case study on business. Fé dé ration Internationale de Football Association (FIFA), which has been the World Cup’ s international governing body since 1904, decided to take the international football event to the Middle East by giving the bid to Qatar. In spite of not being intrinsically ‘ big business, ’ football has strong implications to big businesses, specifically when it comes to the effects of the periodic decisions related to hosting the World Cup, which is tied to extensive private and governmental investment in television rights, infrastructure and sponsorship deals (Pielke 257). This paper’ s underlying argument is that hosting the FIFA World Cup presents Qatar with vast business and investment opportunities.
The FIFA World Cup is expected to have mild economic impacts in the period 2011-2016. Despite this, Qatar has to make significant preparation to invest in businesses and infrastructure. The investments will have to be substantially proportionate to the size of Qatar’ s economy. In addition, Qatar’ s macro-economic and long-term business development impacts need keener attention. It is also estimated that after 2022, the World Cup will bring vast opportunities that will strengthen Qatar’ s non-energy sector performance and structures.
This paper examines the FIFA Qatar business state with discussions on business investment opportunities impacts, business risks, and human rights issues, sponsorship deals and market accountability, business reputations, and impacts on business. BackgroundThe State of Qatar is a sovereign Arab emirate situated in Western Asia. It is situated in Western Asia on the northeasterly coast of the greater Arabian Peninsula. The country is an absolute monarchy, which has been led by the Al Athani family since 1825.
Currently, it has the third-largest oil and natural gas reserve possessing 25 billion barrels. This has enabled the country to become the riches country per-capita, as well as to attain the highest human development index in the world.
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