Monday, July 31, 2023

What ethical issues arise when a company decides to build its business in the inner city versus building its business in the suburbs or country?

Depending on how the business is structured, it is very important that companies create an innovative proposal to avoid ethical issues. The most common ethical issues that may arise when a company – especially the giant corporations – build their business in the inner city are as follows:

Environmental issues – it is very important that the structure of the building is in adherence to environmental guidelines, most common are air pollution, solid waste management and many other effects.

Fair competition issues – this is when small entrepreneurs can no longer sustain and compete because large companies are dominating the area. This will create concerns on fairness from those small and start up entrepreneurs.

Because the company will resource talents from outside the city, it will not help the city’s employment rate and therefore, this will create ethical issues related to fair employment especially to those who will be affected and relocated by the construction of the business.

This will also cause an issue related to road and traffic management as their will now be an increase on vehicles running to and from the city. Sourcing talents outside the city will boost the number of vehicles traveling to and from the city which will affect the traffic and air pollution.

 

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