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Suppliers are contractually obligated to sell Fresh Fruit pineapple juice at a price of 17.40 Philippine Peso (PHP) per pound. However, to maintain their farms,

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Suppliers are contractually obligated to sell Fresh Fruit pineapple juice at a price of 17.40 Philippine Peso (PHP) per pound. However, to maintain their farms, suppliers need U.S. dollars (USD) to buy materials and other requirements on international markets. So instead of paying their suppliers in PHP, Fresh Fruit pays their suppliers the dollar equivalent of 17.40PHP. This means that, at the current exchange rate of 60 PHP to 1 USD, Fresh Fruit pays its suppliers $0.29 USD. The Chief Financial Officer at Fresh Fruit wants to renegotiate its contract with suppliers to lock in the new forecast exchange rate of 65 PHP to 1 USD. - Describe any ethical concerns that Fresh Fruit needs to consider before it decides to lock in the new forecast exchange rate. i. ... - Provide an alternative proposal that would address the ethical concerns that you described above. - Note: You do not have to work through the full ethics framework for this question. Just discuss ethical concerns and an alternative proposal. Fresh Fruit Start Fresh Fruit Start 2

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