Please, please, please help me!! I got 95% on the appendix B matrix about consequentialism, deontology, and virtue ethics. I also understand the 3 approaches to decision making the 5-question, Pastin's and Moral Standards approaches, but do not understand this assignment about the stakeholder impact analysis. Can someone please help get me started?
Describe, in 200 to 300 words, how you might conduct a stakeholder impact analysis of Scenario 1 of Appendix B using each of the stakeholder impact analysis approaches: moral standards, five-question, and Pastin’s approach.
This is the scenario-
The mayor of a small seaside town faces a tough decision. A prominent developer has submitted a proposal to build a large mall and resort in the town. This development is estimated to bring $150 million in tourism each year and several hundred new jobs to the community, which badly needs the economic boost. The proposed location of the new development, however, is a site that now houses the only nursing home and senior citizens’ recreation center in the area. Both the nursing home and recreation center would have to be demolished, affecting 100 seniors and 30 employees. There is no other location in town where the new development can be built. How should the mayor decide: in favor of economic prosperity or in defense of his elderly citizens?
Student responses must correctly describe how to conduct a stakeholder impact analysis using each of the three approaches described in Ch. 5: moral standards, 5-question, and Pastin’s approach.
Responses should address the following key points in the context of the scenario:
Descriptions of the three standards that comprise the moral standards approach: utilitarian, individual rights, and justice
Identification of the questions used in the 5-question approach:
1. Is the decision profitable? 2. Is the decision legal? 3.Is the decision fair? 4. Is the decision right? 5. Does the decision further sustainable development?
Descriptions of the four key aspects of Pastin’s approach:
1. Ground rule ethics 2. End-point ethics 3. Rule ethics 4. Social contract ethics
To conduct a stakeholder impact analysis of Scenario 1 using the moral standards approach, you would need to consider three different standards: utilitarian, individual rights, and justice.
1. Utilitarian standard: Evaluate the potential consequences of the decision on all stakeholders. In this scenario, you would assess the economic benefits and job creation resulting from the mall and resort development, as well as the negative impact on the elderly residents and employees of the nursing home and recreation center.
2. Individual rights standard: Consider the rights and freedoms of the individuals affected by the decision. Here, you would focus on the rights of the elderly residents and employees, such as their right to a safe and comfortable living environment and job security.
3. Justice standard: Examine the fairness and equality aspects of the decision. Analyze whether the proposed development disproportionately benefits certain stakeholders, such as the developer and the local economy, at the expense of the elderly residents and employees.
In the 5-question approach, you would address a series of questions to evaluate the decision:
1. Is the decision profitable? Assess the economic benefits of the development in terms of tourism income and job creation.
2. Is the decision legal? Consider whether the proposed development complies with local regulations and zoning laws.
3. Is the decision fair? Evaluate the equity and fairness of the decision, taking into account the impact on the elderly residents and employees.
4. Is the decision right? Assess the ethical implications of the decision, considering the values and principles involved.
5. Does the decision further sustainable development? Examine whether the proposed development aligns with goals of long-term sustainability and environmental responsibility.
In Pastin's approach, four key aspects are considered:
1. Ground rule ethics: Define the fundamental principles and values that guide decision-making. In this scenario, you would establish the importance of considering the well-being and rights of all stakeholders, as well as the principles of fairness and justice.
2. End-point ethics: Identify the desired outcome or goal of the decision. Here, you would weigh the economic prosperity and job creation against the well-being and needs of the elderly residents and employees.
3. Rule ethics: Evaluate the decision based on existing rules, policies, and guidelines. Determine whether any existing regulations or ethical standards are violated by the proposed development.
4. Social contract ethics: Consider the implied agreements and obligations between the community and its members. Explore the expectations and responsibilities towards the elderly residents and employees, as well as the benefits and obligations associated with economic development.
By conducting a stakeholder impact analysis using these three approaches, you can comprehensively evaluate the consequences, ethical considerations, and fairness of the decision faced by the mayor in Scenario 1.