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Explain briefly answer the following questions to…

Explain briefly answer the following questions to which industries the following developments offer…

Explain briefly answer the following questions to which industries the following developments offer opportunities and threats? "Increasing trend in India to organize IPL (Cricket) type of tournaments in other sports also."

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Jeeba Aug. 10, 2018

The IPL is highly profit and entertainment driven. A number of entities and process are involved in this IPL type tournament. IPL (Cricket) type of tournament would offer opportunities/threats to the following industries:

Opportunities:

• Stadiums.

• Sports Industry.

• Manufactures of sports items.

• Media Industry – Sports channels / television, advertisers.

Threats:

• Entertainment industry like TV serials, cinema theatres, Entertainment theme parks as competitors will be fighting for the same viewers/target customers.

• Tourism and hotel Industry.

• Event Management.