Business ethics refers to firms’ social responsibilities of producing so that the well-being and needs of all stakeholders is met. In this article, “Whole hoods,” [http://www.economist.com/blogs/schumpeter/2013/09/food-stores] the author examines the decision for the pricey, healthy-eating supermarket chain, Whole Foods, to expand to the small and generally poor town of Englewood, which posts a less than modest 40% unemployment rate, with an average income of $11,993. The choice for Whole Foods to build a location in Englewood puzzled many. But the decision does help to fulfil the social responsibilities of the firm. Englewood has a limited variety of choices for groceries. The main source of groceries comes from Save A Lot, which does not offer very healthy options, due to its very low prices. With the addition of Whole Foods to the town, the author suggests that it will bring greater motivation for citizens to achieve a level of wealth to afford the products. Also, it suggests that the option for healthy eating has now been provided, and so now 2,648 residents will be within a mile of a store with healthy fruits and vegetables for them to eat. Henceforth, Whole Foods has put aside potential profits to satisfy its social responsibilities.

Welcome to UBC Blogs. This is your first post. Edit or delete it, then start blogging!