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Assume that you have recently opened a start-up business and you are now a small business owner. You are faced with a decision about sourcing

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Assume that you have recently opened a start-up business and you are now a small business owner. You are faced with a decision about sourcing components for your products domestically or abroad. One vendor for components you need is located in a country that doesn't have a good track record on human rights and workplace safety, but is clearly the lowest-cost source due to low wages. This will allow you to keep the price of your products down, making your product more affordable for a wider range of customers, while also ensuring a solid profit margin. An alternative vendor, located nearby and employing people in your community at good wages, offers a very similar component in terms of quality and reliability, but at a significantly higher cost that will require you to raise the price on your products and/or reduce your profit margins. Examine this decision through each of the following perspectives: Utilitarianism: Egoism: Virtue Ethics: What are some of your personal values that are likely to influence your choice of one of these perspectives for your decision? Virtue Ethics: What are some of your personal values that are likely to influence your choice of one of these perspectives for your decision? Describe the steps you would now follow in making an ethical decision. Be sure to describe the ethical issues that you see in the situation and how they would impact on different stakeholders, which particular approach you would use (Utilitarianism, Egoism, or Virtue Ethics) and why

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