Question

You recently inherited some property between a wealthy neighborhood and a fairly poor neighborhood. The property is zoned so that you can put a commercial building on it. You are contemplating putting an upscale convenience store on the property. You believe you can sell goods at a higher price than at the average convenience store because of the location because you think that the wealthy residents will pay a premium for the convenience of the location. Further, you believe that the residents of the poorer neighborhood will pay the higher prices because you will have the only convenience store in the area. How do you justify your decision using ethical theory and an ethical decision making model?

Answer 1

Answer and Explanation:

To justify my decision, I will utilize the moral hypothesis of Distributive Justice. In this Principle, determination of choices and activities as right and appropriate and great is done just if the least advantaged individuals from our general public in some way or another appreciate a superior way of life after the choice or act than they did previously. As needs be, for my situation, my property is expected for the business use. On the off chance that I open a normal accommodation store, at that point it would have an immaterial effect to the way of life of a genuinely poor neighborhood.

The opening of an upscale comfort store on the property would not just imply that the store would be just putting away higher-end and costly items for the deal yet it will likewise have certain devoted counters to provide food for ordinary needs too which could be met at a sensible rate. The way that the genuinely needy individuals would not need to depend on different methods of correspondence to reach at a normal comfort store would likewise make them set aside certain measure of cash close by, which in turn, could be used for purchasing the items from this upscale accommodation store. On the opposite side, the well off neighborhood likewise would profit the benefit of the quality items accessible at an aggressive rate accordingly upgrading my client base impressively. Henceforth with the use of moral hypothesis model of Distributive Justice, my decision could be justified.