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.
Many of the plants and animals have found their refuge in the region because it possess variety of water and food. The disturbance and other disruptions created by the river have acted as an endangerment to these living creatures. This disruption affects the creatures such as the fish because it causes blockages to their migratory paths. Due to the physical injuries including the noise disturbances and other collisions has led to the demise of the aquatic animals.
The increase of sediments in the reservoir has led to damages of the beaches, river deltas and the floodplains which create habitats to the spawning creatures. The release of the toxic substances done by the industry processes also alters the biodiversity of the region.
On the other hand, complains by the relocated people such as inadequate compensations, corruption within the communities and the shortage of jobs. This is a destruct to the organizations reputation hence undermining the projects benefits and market. This has happened to be costly for the three gorges dam as they try to uplift and find ways in which they may curb these complains.
They have been making various ways to find job opportunities for these people in order to silence those (Wankel & Stoner, 2009). The geographical appearance of the land that the three gorges dam has been located is also an influence to the projects benefits and its cost. The three gorges dam spends a lot during their flood control objective.
This is due to the sliding land which makes it incur a lot of cost as they try to raise the water levels. During this experience the befit of generating power by the project was also costly. Though the hydropower is a clean energy and also environmental friendly, it is so costly hence influencing the project’s benefits and the cost. Under the environmental friendly perspective the hydropower reduces the carbon emissions (Wankel & Stoner, 2009).
Question 2.Describe the biases, perspectives, or experiences that may influence your views on the various costs and benefits of the Three Gorges Dam project
The Three Gorges Dam project has an objective of flood control in the befit of the Dongting Lake and the Jinjiang river area to curb the area’s historical problem. The dam project is in a position to control the water in the upper streams and on the other hand make the flooding efforts reduce. In that case, many people have experienced various relocations from their original community land due to the developments of the organization project. In that situation, the project benefit of raising the water levels and on the other hand the organization has also faced high costs on the relocation programs (Wankel & Stoner, 2009).
During the construction of the reservoir for the Three Gorges Dam project, large population minimum of four million people were displaced and they had to be relocated within china which was a great cost. In these various ways of making the relocation, it was proved that most of the projects fund is only used for making the relocations instead of making the project’s development.
The government gave about ten million for the relocation which catered for about forty percent of the three gorges project cost. During this relocation, there were also needs of transport whereby the government had to cater for. The government had to provide various means of transport such as bouts. Additionally, they had to provide this population with the plots of land which was costly hence influencing the project’s objectives (Wankel & Stoner, 2009).
Section 1.External forces or influences: Identify three external factors that you think have influenced the company's shift to more environmentally and/or socially responsible business management practices. Describe the ways in which these external factors influenced management actions and/or decisions or helped to transform the company. Provide evidence to support your observations.
The Royal Shell is commonly referred to shell. It is the main multinational gas and oil company in Anglo Dutch. This organization headquarters are found in Hague but it is registered in the United Kingdom. In terms of revenue, Royal Dutch have been discovered as the biggest in the world that supplies gas and oil. On the other hand, this organization is the most valuable company in the whole world. Additionally, this organization is active in the various areas of gas and oil industries including the gas and oil exploration, their production and their refining.
Conversely, the organization also takes the position of distributing and marketing the two commodities. There are various biases, experiences and other perspectives that that influences the various views about this organization’s costs and benefits. The resources and organic are the external forces that influence the shell company’s socially responsible business management practices (Carroll & Buchholtz, 2010).
The company management resources help to facilitate and innovates better understanding for such factors as the resources and organic which underlie the business performance. Additionally, the facilitation of the company’s presentation of the financial results through the estimation cost supplies that were currently given. The management for the organization also differentiates the oil and chemicals and the oil products earnings so as to provide useful information concerning the effect of changes within the cost of the supplies of the organization (Carroll & Buchholtz, 2010).
In that case, the organization management also uses this information as the measures to enable them manage the oil products and chemical segments performance but not the measure of the financial performance. The Royal Dutch Shell directly and indirectly owns various investments in other companies with different entities. Both these companies and the main Royal Dutch shell make other companies and hence have control on them directly or indirectly through having more voting rights and other rights to exercise some the control influence.
The royal management has both associates and the jointly controlled companies which they make their investments in for the development of the organization (Carroll & Buchholtz, 2010).
Section 2. Internal forces or influences: Identify two internal factors that have influenced the company's shift to more environmentally and/or socially responsible business management practices. Describe the ways in which these internal factors influenced management actions and/or decisions or helped to transform the company. Provide evidence to support your observations.
There are various internal forces in the shell company which have influenced the company‘s shift to the both the environmentally and socially responsible business management. Among all this, two of them would be discussed and clearly show how they have influenced the management decisions and actions. Additionally, the ways in which these two factors transformed the company would be given (Siegel, 2006). Firstly, the risk management is a common internal factor that has transformed the shell company in various ways internally.
The company has been using the risk management for the internal control. In such case, the management has been given the responsibility to monitor, operate, and implement the company’s system of internal control. Such control determines the achievement of the company’s objectives. In that case, this risk management used in the internal control has set a standard that establishes the instructions and the rules (Siegel, 2006).
This risk management have lend to the rise of the sustainable issues. These may include lose of the business reputation, locating business on unstable areas which may be brought about by the political activities and finally, the climate change (Steers & Nardon, 2006).
All this may be as a result of the company’s failure to meet the business principles. Additionally, this risk management has helped in the taking of the local contexts n to consideration. It has also helped the company to operate within the sensitive countries with maximum security and within which the human rights are resettled hence transforming the company. On the other perspective, the company is able to the input of various experts to give information about various risks (Steers & Nardon, 2006).
The shell company has been in integrates with the stakeholders and the assessments management plans. This internal factor have transformed the company enabling the managers acquire diversity plans. In that essence, the managers gain approaches through which they all avoid violating the human rights hence good reputation. The management try to maintain the employees human rights and for the local communities hence good marketing of the enterprises under enough piece (Steers & Nardon, 2006).
Section 3.Global impacts of sustainable development initiatives: Describe one real or potential global impact of the sustainable development initiatives of this company. Indicate the magnitude or significance of this impact in terms of its influence on global business and/or society.
For the sustainable development initiatives the company has engaged to partnership elements where the royal shell have merged with the earth watch and worked for long period of a decade. They stated the engagement as a small employee engagement program and globally grew to a work programme which supports the earth watch’s environment learning and research programs (Steers & Nardon, 2006).
This various leaning and researches that are directly beneficial to the shell company. This key partner that has been a global growth with the shell company for the initiatives and hence provides the unique learning opportunity through experiments for the shell company employees on research projects through out the world. This personal and professional development experience increases the understanding the companies sustainable development in the context of the operations and inspires of the shell company employees in order to promote the environmental initiatives during the company work (Davies, 2011).
The research concerning these two companies aim at maintaining the rainforest ecosystem functions due to the land use and the climatic change which is important for the global community. The collaboration factor has also contributed a lot to the global growth of the company both positively and negatively (Steers & Nardon, 2006).
The company used this collaboration to deliver the company’s biodiversity standard to make efforts to maintain ecosystems, seek the partnerships to enable the shell group in order to make positive contribution towards the conservation of global biodiversity. In course of every year the shell company use the core funding to employ new research number of stuff and also engage the various number of earth watch teams for the company project. The Royal Shell company and the earth watch relationship has positively worked in the performance (Davies, 2011).
Section 4.Harnessing technology for sustainable development: Describe (with examples) how this company is using the Internet and other technologies to assist its efforts to move toward sustainable business and development.
The shell company is well established due to its global energy that helps the company to sustain and empower the people’s lives. The company works with the partner system governments and other community associations which help them meet the energy demands in all responsible ways such as the economically, socially and the environmentally ways (Sharma,2004).
The shell company sustainable development is making both short and long term interests balance in such a way that these interests allow the company to integrate social, economic and the environmental considerations in to the business decisions that are made aiming at the company success. In that case, this sustainable development underpins the manner in which the royal shell organization operates and develops their facilities and projects. Additionally, they underpin the way in which this company manages their supply chains. On the other hand, this very development helps the shell company to improve their products and make them appear appealing to the customers so as to increase their customer population (Sharma, 2004).
In that case, this development association helps this company learn how they should share their benefits for their operations such as helping the in the development of the local economies through creating jobs and the supplier contracts. The royal shell company business strategy and goal is investing in large amount through a certain process in order to be able to deliver a maximum energy to their customers (Resch, 2011).
Through developing and finding additional gas and their oil resources, the company is steadily and well growing in their production for future and in that case this sustainable development is the main acting part towards this. On the other hand, this company has set an example to the entire governments, customers, industries, communities and the other non-governmental organizations on how to build a sustainable energy for future. In that case they have demonstrated how essential it is for a business to build a strong relationship in order to the business to progress successfully (Resch, 2011).
The Royal Shell organization has been thriving due to the use of the new technology. The internet technology innovation have greatly played big role in the growing of this company. They have been doing their investments in the developments and research of these advanced technologies (Resch, 2011).
In that essence, the company has been making the use of internet in making the advertisements of their products and also in the marketing of the products. In that case they have been able to get more customers for their products. Additionally, the extraction of the gas and the oil has been through the use of technology where by the internet ha greatly enabled them to locate the various region that possess oil and gas. They are also able to know the exact amount of the two products; oil and gas that can be extracted from a certain region at a given moment (Resch, 2011).
The company has estimated used about three fifths of their gas and oil to cater for the people energy needs. For instant, these needs may be, fueling the homes, factories, the vehicles as the transportation systems and the workplaces (Steers & Nardon, 2006). In that case, the two products need some variety methods on both land and the sea to ease the work of the workers in finding for the various geologic formations that may contain the both products. The productivity of the exploration of both oil and gas has been increased by the sophisticated equipment that is used by the royal shell company. Additionally, the advances in computer technology have also greatly played a big role in this. On the other hand the company has been in a position to use the remote sensing satellites to make the maps of the potential deposits (Resch, 2011).
Conversely, the company has been doing a certain research on how they can come up with an instrument that is able to measure the time in which the sound waves can be able to travel through he ground and back to the surface. In that essence, they have been finding methods in which they may be able to revolutionize the exploration of both the oil and the gas products. In their research they have come across the seismetic prospecting which is mainly based in this activity (Steers & Nardon, 2006).
Additionally, they have used this technique and the computer technology in the provision of the three dimensional of the alignment of the subsurface rocks. In this case, the risks that may be experienced during the exploration of these two products have been reduced through this seismic technique. This has allowed the scientists to identify and locate the structural reservoirs for both oil and gas. Additionally, the scientists have also been able to find the best drilling locations (Palepu, 2007).
This seismic technology enhances the production performance due to its ability to track the movement of both gas and oil fluids over a given time. On the other hand the company has been using a derrick technique for the drilling purposes. This equipment is sufficient for both surface and offshore surfaces. The rotary drilling is another advanced technology involved in the extraction of both gas and oil by the royal shell company (Steers & Nardon, 2006).
The use of a rotating bit that is attached to the hollow drill pipe has ease the drilling work due to its ability to chip and cut the rock that overlies the two products. In this drilling method, the company has been using some chemicals, water and clay as cooling agents to the drilling bit. During this drilling technique, the natural pressure have been found in failure to pump the gas or the oil on to the earth surface hence the royal shell company have found the use of the pumps. Under the oil transportation, the company has been using the railroad, ship, pipeline, truck and the barge while the gas is transported by the use of the pipeline only to the refineries (Mallin,2006).
In summation, the shell company has been internally and externally influenced by various factors. The company marketing and distribution has greatly created a good reputation for the company hence many customers all over the world. The company management has been influenced by the company resources and the prices for the commodities. Finances have been a great external force that has greatly impacted the company management both positively and negatively.
The cost for other important facilities such as the chemicals needed for the refineries undermine the management making it difficult to manage the company. The internal factors such as the risk management and the assessments and the stakeholders have greatly played a big role in the company management.
The risk management has enabled the company to operate and function in the right way. In such case, the management has been given the responsibility to monitor, operate, and implement the company’s system of internal control. Such control determines the achievement of the company’s objectives. In that case, this risk management used in the internal control has set a standard that establishes the instructions and the rules. The advancement of the technology has greatly impacted the development of the shell company.
Most of the activities in this company are all done through the use of the internet and other technologies. The exploration of the company products; oil and gas is done by the computer advance technology which eases the work for the employees. The use of the seismic technology has enabled the scientists to locate the depth of the gas or oil while still under ground level. During the drilling method of extraction of the two resources, the company uses the derrick to drill both offshore and on the land surface.
Additionally, due to technology advancement, other equipment have been innovated that are able to crack the stone alignment underground while others are able to drill horizontally to extract the company’s products. The shell company has greatly developed through the global growth of the energy demand. Many of the technology advanced equipments make use of energy hence the high demand of the energy making the company to globally grow.
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.