discussion forum unit 7

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Management

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Jun 11, 2024

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Ethics are of paramount importance in any business as they shape the company's reputation, relationships with stakeholders, and long-term sustainability. When considering the differences between building a business in the inner city and the suburbs, ethical concerns become particularly significant. In this discussion, I will outline five essential ethical issues that arise when a company chooses to establish its business in the inner city instead of the suburbs or rural areas. 1. Displacement of local residents : Constructing a new business in the inner city often necessitates acquiring land or potentially displacing existing residents (Morrison & McMurray, 1999). This raises ethical concerns regarding gentrification and the adverse effects it may have on the local community. Businesses must consider the potential harm to residents, especially vulnerable populations, and implement measures to minimize displacement and mitigate associated consequences. 2. Environmental impact: Inner cities frequently face environmental challenges such as air pollution or a lack of green spaces (Greenberg, 2000). Establishing new businesses in these areas could worsen these issues, thereby impacting the health and well-being of local inhabitants. Ethical considerations necessitate businesses to assess and mitigate the potential environmental consequences of their operations in the inner city. 3. Economic inequality : Inner cities generally experience higher poverty rates and greater economic disparities. By opting to build in the suburbs or rural areas instead, businesses may inadvertently perpetuate existing inequalities by depriving inner-city residents of job opportunities and access to goods and services (Mills & Lubuele, 1997). Ethical dilemmas emerge concerning how businesses can contribute to local economic development without exacerbating prevailing inequities. 4. Access to resources: Inner cities often suffer from inadequate access to essential services such as grocery stores, healthcare facilities, or educational institutions. By choosing to build outside the inner city, businesses may inadvertently contribute to a further scarcity of these resources for its residents (Weinberg, 2000). This raises ethical concerns regarding businesses' responsibility for equal resource distribution and addressing social inequities. 5. Community engagement and empowerment: Inner cities frequently consist of marginalized communities with distinctive needs and perspectives. Ethical issues arise when businesses fail to actively engage and empower these communities in the decision-making process (Smallwood et al., 2015). Local stakeholders should be provided opportunities to influence development plans, thereby ensuring their voices are heard and their interests are incorporated. In conclusion, when a company selects the inner city for its business establishment, it must navigate these ethical challenges diligently, aiming for inclusive and sustainable development that benefits both the business and the local community. Additionally, inner-city development requires addressing issues of displacement, environmental impact, economic inequality, access to resources, and community engagement. These ethical challenges necessitate businesses to actively consider the social implications of their decisions and strive for equitable and sustainable development, ensuring the well-being and empowerment of both the business and the local community. Word counts: 470 Questions for the Peers:

1. What ethical considerations should a company evaluate when deciding to establish its business in the inner city compared to the suburban area, and how can these considerations be addressed to minimize any potential negative impacts on disadvantaged communities? 2. How can businesses ethically mitigate issues such as displacement, unequal resource distribution, and community disruption when opting to locate their operations in the inner city rather than the suburb, and what strategies can be employed to ensure positive socio- economic outcomes for all stakeholders involved? References: Greenberg, D. (2000). Reconstructing Race and Protest: Environmental Justice in New York City. Environmental History, 5(2), 223–250. https://doi.org/10.2307/3985636 Mills, E. S., & Lubuele, L. S. (1997). Inner Cities. Journal of Economic Literature, 35(2), 727– 756. http://www.jstor.org/stable/2729791 Morrison, P. S., & McMurray, S. (1999). The Inner-city Apartment versus the Suburb: Housing Sub-markets in a New Zealand City. Urban Studies, 36(2), 377–397. http://www.jstor.org/stable/43084235 Smallwood, S. W., Freedman, D. A., Pitner, R. O., Sharpe, P. A., Cole, J. A., Hastie, S., & Hunter, B. (2015). Implementing a Community Empowerment Center to Build Capacity for Developing, Implementing, and Sustaining Interventions to Promote Community Health. Journal of Community Health, 40(6), 1122–1129. https://www.jstor.org/stable/48716154 Weinberg, Z. (2000). NO PLACE TO SHOP: Food Access Lacking in the Inner City. Race, Poverty & the Environment, 7(2), 22–24. http://www.jstor.org/stable/41554277

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