Case Study 1: You are newly appointed Municipal Commissioner of Riverside City. The city has been grappling with severe water scarcity for the past few years. A multinational corporation has approached the city with a proposal to set up a large water treatment plant that promises to solve the water crisis. They offer to build the plant at no cost to the city in exchange for exclusive rights to distribute water for the next 20 years. The company claims their advanced technology will ensure a steady supply of clean water to all residents. However, their proposed pricing structure suggests that water rates might increase significantly for consumers. The company has also hinted at potential job opportunities for key decision-makers once the project is approved. Local activists are protesting against the privatization of water resources, arguing it will make water unaffordable for the poor. Meanwhile, some local politicians are pushing for quick approval of the project, citing the urgent need to address the water crisis. Your predecessor left a confidential note suggesting that the company’s environmental impact assessment report might have been doctored to downplay potential risks to the local ecosystem. As the Municipal Commissioner, you need to make a decision on this proposal within the next month. Questions: 1. What would be your approach to dealing with this situation? Elaborate on the steps you would take. 2. How would you ensure that your decision serves the best interests of all stakeholders? 3. Discuss the ethical considerations that come into play in this scenario. (20 Marks, 250-300 words)