Business and Society
Sustainable Business Transformation
Name
Tutor
Course
College
Date
Part A.
Question 1.Describe some of the conflicting social, economic, and environmental costs, benefits, and issues associated with construction of the Three Gorges Dam. Remember to consider global as well as local and regional issues and impacts (or potential future impacts) of construction and operation of this dam.
The three gorges dam construction on the Yangzi River in China started in the year 1997. Environmental assessment flexibility provides a clear sensitivity to the economic and social impacts of the Three Gorges project. In that case this environmental assessment is able to reveal sound economic, environmental, and social reasons for shifting projects. For social issues the environmental assessment is able to help the dam project through involving the community in the necessity to exchange views and ideas which are necessary for the dam construction. Additionally, it is able to strengthen and establish communication and decision making mechanisms in the project (Willard, 2005). Due to the common flood experienced in the Yangtze river, many of the people have spend millions over the damages they have incurred on their property, homes and land for the resettlement. In that case, the construction of this dam has really had a positive impact to the entire region because it has lessened the floods impact hence an impact to the economy in a positive way. On the other hand, it has an impact to the China economy as it provides energy hence creation of many job opportunities. This has played a big role to the China government because it has used these dam resources to pay most of their debts hence good revenue. The creation of this reservoir has various number of economic values such as agriculture due to the irrigation development. Additionally, it has served as habitat of other living creature due to the cool and favorable climate within the dam region.
Name
Tutor
Course
College
Date
Part A.
Question 1.Describe some of the conflicting social, economic, and environmental costs, benefits, and issues associated with construction of the Three Gorges Dam. Remember to consider global as well as local and regional issues and impacts (or potential future impacts) of construction and operation of this dam.
The three gorges dam construction on the Yangzi River in China started in the year 1997. Environmental assessment flexibility provides a clear sensitivity to the economic and social impacts of the Three Gorges project. In that case this environmental assessment is able to reveal sound economic, environmental, and social reasons for shifting projects. For social issues the environmental assessment is able to help the dam project through involving the community in the necessity to exchange views and ideas which are necessary for the dam construction. Additionally, it is able to strengthen and establish communication and decision making mechanisms in the project (Willard, 2005). Due to the common flood experienced in the Yangtze river, many of the people have spend millions over the damages they have incurred on their property, homes and land for the resettlement. In that case, the construction of this dam has really had a positive impact to the entire region because it has lessened the floods impact hence an impact to the economy in a positive way. On the other hand, it has an impact to the China economy as it provides energy hence creation of many job opportunities. This has played a big role to the China government because it has used these dam resources to pay most of their debts hence good revenue. The creation of this reservoir has various number of economic values such as agriculture due to the irrigation development. Additionally, it has served as habitat of other living creature due to the cool and favorable climate within the dam region.
References: Carroll, A. B., & Buchholtz, A. K. (2010). Business & society: Ethics and stakeholder management. Mason, OH: CL-South-Western Cengage Learning. Davies, A. (2011). The globalisation of corporate governance: The challenge of clashing cultures. Farnham, Surrey, England: Gower Pub. Mallin, C. A. (2006). International corporate governance: A case study approach. Cheltenham [u.a.: Elgar. Palepu, K. G. (2007). Business analysis and valuation: IFRS edition, text and cases. London: Thomson Learning. Resch, M. (2011). Strategic project management transformation: Delivering maximum ROI & sustainable business value. Ft. Lauderdale, Fla: J. Ross Pub. Sharma, S. (2004). Stakeholders, the environment and society. Cheltenham [u.a.: Elgar. Siegel, J. B. (2006). A Desktop Guide for Nonprofit Directors, Officers, and Advisors: Avoiding Trouble While Doing Good. Hoboken: John Wiley & Sons. Steers, R. M., & Nardon, L. (2006). Managing in the global economy. Armonk, N.Y: M.E. Sharpe. Wankel, C., & Stoner, J. A. F. (2009). Management education for global sustainability. Charlotte, N.C: IAP/Information Age Pub. Willard, B. (2005). The next sustainability wave: Building boardroom buy-in. Gabriola Island, B.C: New Society Publishers.