Wk1disc_BUS667.docx - Preservation and development has been...

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Preservation and development has been a heated topic given our scarce natural resources. As you know, many stakeholders are concerned about what the objectives are for land. The question that is always asked is what we should do, preserve or develop the land? Research one such debate and answer the following questions: Give a one paragraph synopsis of the debate with the appropriate link, so we are able to view it and read it. A stakeholder analysis is a group of techniques used as part of the planning process to identify and assess the relevant viewpoints of key people, groups, or institutions on a project or proposed activity” (Vogler, Macey & Sigouin, 2017). This type of analysis is important to the debate of determining whether to preserve o to develop land because it provides insights to what is motivating the stakeholder to make the decisions regarding the land and aid in engaging all parties involved in the process, this analysis can also act as an indicator to predict the level of support that can be expected to receive (i.e. who is for it or who is against it). According to Vogler, Macey & Sigouin “the most basic stakeholder analysis simply involves the identification of people, groups, and institutions that have some interest in a project or will be affected by it” (2017). With that, one debate that I found was a historical New England farm located in Greater Worcester. The descendants of the 325-acre farm wanted to sell the farm and share the financial assets with other family members; however, they weren’t just looking for any buyer. They wanted to preserve the property because it is a historical establishment within that community, with that, there was a dip in the economy and the two buyers that stepped forwarded had two different ideas for the property, one buyer wanted it for its historical and original farmhouse and conservation and the other wanted it for silviculture (growing trees).
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  • Winter '17
  • Economic impact analysis, Cost-utility analysis, Benefit-cost ratio

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