The foundation of this country is based solely upon the notion that the big get bigger and the small get stepped on. It is no secret that Wal-Mart is a retail power house and one the largest and most influential monetary holders in the nation. However, its position in the city of Petosky, Michigan as a business is simply just not necessary. We first must identify the moral standards in this case. The moral standards are the personal values, goals, norms, and belief which result from the influences of religious/cultural traditions and economic/social situations. These are the subjective standards of moral behavior. I assume you can infer from the case itself.
Therefore, we then must consider e the moral impacts. In this case, the state will collect more tax, Wal mart will gain more profits, and local residents will be benefit from lower prices a growing and very diverse selection of products, and additional jobs. However, contradictory to that, Petosky is a large vacationing state and encounters a large population of summer residents. Their purpose being to relax and vacation is disturbed. This also contributing that local business will be forced to try and compete with the monster where proven statistics show the vast majority in rural towns fail. Thus, resulting in the loss of local businesses and resentment toward the franchise.
With the known moral standards, moral impact, and ethical beliefs the moral and ethical problem lies in whether we can build or not at Petosky.
We look at this case from three different perspectives. Choosing to view this case from the economic outcomes we see that if Wal Mart is built, it may incur a share price decrease because of the upset and disdain community. Furthermore there are large and vast external costs to the community. Lastly, this build would result in higher tax and unemployment for the city itself. When we then shift our focus upon the legal requirements set forth, the build out violates many of...