Many companies invest their money in sport games for advertisement purposes. Some people think it is good for the sport world, while others believe that it has some disadvantages. Discuss both views and give your opinion.

Many companies invest their money in sport games for advertisement purposes. Some people think it is good for the sport world, while others believe that it has some disadvantages. Discuss both views and give your opinion.  

IELTS ESSAY Business in Sports 

Of late, private participation in sports industry has been rising day by day, by way of funding the sporting events. This has evoked mixed responses from various lobbies, ones who see positive outcomes and the others who are spectacle.

The advent of corporate sector in sports has brought around several benefits not only for the sports industry but also for those who are not connected in any kind of sporting discipline Investments by commercial organizations have turned this once past time of the elite activity into a full-fledged burgeoning industry which is generating employment for millions across a cross section of skills in various industries, directly or indirectly connected to sports, not only this, it has also resulted in creation of business worth billions.

Similarly, it will be hard to overlook direct benefits of this development that has, laid at the disposal of individual sportsmen. ample opportunities for the full time employment; thus, a chance to hone their skills too round the year. Due to private funding, the number of events being held annually in different sports has increased dramatically, which  require a continuous engagement.

However, the critics feel that involvement of private companies has corrupted distorted the very objective of sports and lead to the waning(disappeared) of sportsmen spirit associated with the graceful glairs. Now the sportsmen behave like self-centered aggressive success seeking professionals who would even use unfair means to attain their objectives this is quite contrary to the principles of inclusiveness that sports preach.

To conclude I personally feel, controversy apart advent of commercial organization in the field of sports has proven to be extremely beneficial and there is every rationale in letting this continue. Hopefully this engagement of private sector would bring in more laurels in the future

Many companies invest their money in sport games for advertisement purposes. Some people think it is good for the sport world, while others believe that it has some disadvantages. Discuss both views and give your opinion.

Many companies invest their money in sport games for advertisement purposes. Some people think it is good for the sport world, while others believe that it has some disadvantages. Discuss both views and give your opinion.  

Businesses and Sports

Popularity of sports has been duly appreciated by many businesses, and they have started using this realm as a medium to publicize and spread their popularity, by way of infusing money. While this trend may have some benefits, it is hard to ignore shortcomings.

Whatever sports is today, is because of funding by corporate sector. Investments in huge multitude into various sporting disciplines and events – by way of sponsorships and advertising – have helped transform sports into an industry. The sports bodies can easily raise critical funds needed to finance various functions associated to promoting sports and organizing championships; right from hiring players; paying for uniforms to arranging and maintaining venues; and relaying matches and games across the world absolutely free of cost for the viewers.

Furthermore, money being infused by the commercial organizations has helped transform sports into a full-fledged and a lucrative employment venue for many, thus creating direct and indirect employment opportunities for millions – especially young have started taking up this activity as their fulltime engagement. Not just that, involvement of corporate money has helped sports proliferate among the fitness freaks who have started involving themselves at amateur levels to pursue their individual goals of fitness.  

However, entry of business entities into realm of sports has darker shades too. Now the sports is no more about sport man spirit and creating harmony among people, but about adopting aggressive strategies and ensuring victory at any cost. This often results in bitter spat among the rivals, as well as their fans; thus taking away all the charm out of the spirit of fair competition.

Henceforth, despite critics being cynical about the involvement of businesses into sports, this domain has actually benefitted from funding provided by commercial organizations.