Nowadays, profit oriented businesses should be considerate of all stakeholders, rather than simply concentrating on profit maximization. Corporate Social Responsibility is a corner stone of modern businesses, and it cannot be ignored, so it is important to complete all work according to relevant and accepted business ethics and within the scope of corporate responsibility. This week you will analyze a situation, and comment whether the business adhered to the Corporate Social Responsibility principles. Fast cars Company manufactures sports cars. Recently a number of its 2016 sports cars crashed in Ontario, the crashes occurred on sunny days, under perfect weather conditions, while the drivers were adhering to speed regulations. The company is concerned that there could be a design error that leads to sudden unexpected crashes. The federal government is also investigating this issue. Two weeks pass, and the internal investigation revealed a major design error in the braking system, which causes cars that have mileage above 100,000 km to experience unpredictable braking, which leads to crashes. The plant management was actually aware of this issue, and it didn't disclose it to internal sources, or external regulators. You are an "Ethics Officer" working with Fastcars Company, and it is your task to handle the situation, so you decide to follow the following steps in order to resolve this issue. Identify and discuss the ethical issues. Identify and discuss the corporate social responsibility issues. Recommend what should be done to make sure the company adheres to the ethical and corporate social responsibility standards.