You are a financial consultant and have been engaged by FOMER to assist the company with a number of issues related to its operations and financial accounts. You are communicating directly with FOMEr's executive management team,CEO and CFO. FOMER is a Ausie based food manufacturing company with shares listed on the Australia Stock Exchange . It manufactures its products locally at its factory . About 30% of its finished products are sold in the Australian market and the other half is exported, mainly to Asia.

After growing rapidly for several years, the company has recently experienced declining profitability due to a range of factors. The company's share price has also fallen by more than 50% over the last few years. As a publicly listed company, FOMEr's executive management team has come under increasing pressure from its shareholders.

FOMER's CEO, tells you that unless they can find ways to increase profitability, the company's future is in doubt. As a result, the company is considering moving its manufacturing facilities offshore to a country in South East Asia. Analysis the company has carried out suggests that this would significantly reduce costs and create efficiencies by moving manufacturing closer to its Asian export markets.

The CEO believes that there would be no legal issues with this strategy, as long as the company follows the correct redundanty processes and honours any contractual obligations related to redundancy that are in place with individual staff.However, the CEO tells you that she feels somewhat uneasy about the strategy. Having grown up in Palmerston North, she knows that the resulting loss of over 350 jobs would have a significant impact on many families and the community as a whole.

Comment on how someone would solve the ethical dilemma and the factors they would consider if they were 1) a utilitarian, 2) a deontological and 3) a virtue ethics approach.