4 The global coronavirus pandemic severely affected many industries requiring Company Directors to make some very diffic

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4 The Global Coronavirus Pandemic Severely Affected Many Industries Requiring Company Directors To Make Some Very Diffic 1 (40.56 KiB) Viewed 25 times

4 The global coronavirus pandemic severely affected many industries requiring Company Directors to make some very difficult decisions to ensure the survival of their businesses. In one such scenario, a Company Director is faced with the following two options: • Option 1: Sack 25% of the workforce immediately, or • Option 2: Make all staff take an immediate 25% pay-cut and implement a hiring and pay-freeze until further notice. (b) Explain the underlying principles of Kantianism and apply this to each of the options above to decide which option is most likely to be favoured using this ethical theory. (c) For software companies deemed at risk of failing due to global events such as coronavirus, source code escrow is often stipulated in contracts. Describe what this is and give an example of how this is a valuable service to both the software developer and the purchaser of the software.