http://www.vancouversun.com/news/First+Nation+chiefs+stage+Site+showdown/10215965/story.html
Tradition and culture is a vital and important component in the history of British Columbia. This tradition has often lead to both benefits and consequences, most recently the rejection of a new $8 billion hydro-electric project built near tribal land, affecting the wellbeing of the first nations people by destroying wildlife and farmland.
The first nations influence on the decision to discontinue with the development of the project is considered as ‘political’ with regards to the ‘PEST’ analysis. An external factor regarded as the peace treaty and laws of the first nation could potentially affect the development of BC Hydro, therefore causing them to change their business model/development plan if necessary.
Ethically however, as the first nations government, is this the right thing to do? Obviously tradition has a large influence in political decisions in British Columbia, but in terms of society, the economic and development benefits that would be provided if the project is continued for me personally would heavily outweigh the consequences. Sustainability is a large concern not just for people in B.C but around the world, and for BC Hydro the project would create a market force that would benefit them greatly as the costs and time needed to replicate the same output would take a substantial amount of time.
Sources Cited:
“First Nation chiefs to stage Site C showdown.” www.vancouversun.com. N.p., n.d. Web. 5 Oct. 2014<http://www.vancouversun.com/news/First+Nation+chiefs+stage+Site+showdown/10215965/story.html>.
“Porter’s Five Forces.” Porter’s Five Forces. N.p., n.d. Web. 7 Oct. 2014. <http://www.quickmba.com/strategy/porter.shtml>.
“Understanding Pest Analysis with Definitions and Examples.” PESTLE Analysis. N.p., n.d. Web. 7 Oct. 2014. <http://pestleanalysis.com/pest-analysis/>.