Read and analyse the following case study and answer the questions that follow: Case study: Mr West is the financial manager of Bloom Limited, a listed company on the Johannesburg Securities Exchange (JSE). Bloom Limited specialises in providing financial and investment advisory consultation services to both the South African Government and corporations in South Africa. In the financial year ended 31 December 2022, Bloom Limited suffered a loss due to the Covid pandemic. It retrenched some of its employees as it could not manage to continue paying them due to a huge loss of clients most of whom closed down operations due to loss of business as a result of the Covid pandemic. The Chief Executive Officer (CEO) of Bloom Limited has suggested that Bloom Limited should merge with or be acquired by another bigger company to survive the negative effects of the Covid pandemic. Mr West is against the CEOs proposal as he fears that he might lose his position if a merger or acquisition takes place. Furthermore, Mr West has also suggested that Bloom Limited must pay its employees a bonus salary (13th cheque) for the year ended 31 December 2022 to boost their morale despite the fact that the company made a loss in the financial year ended 31 December 2022. Mr West is advocating for a bonus salary as he knows that he also personally benefits from this. The CEO of Bloom Limited is arguing against the bonus salary idea and suggests that Bloom must find other profitable projects and seek financial assistance to finance these projects. There is now a tug of war between the CEO and Mr West due to the above disagreements. REQUIRED: Q.1.1 What is the name given to the problem caused by Mr West (the financial manager) of proposing a bonus salary for the benefit of employees and himself when the company made a loss? (1) Q.1.2 Discuss how the problem you named in Q.1.1 above occurs and how the company can solve this problem. (9) Q.1.3 List five advantages and five disadvantages of solving the problem you discussed in Q.1.2 above. (10)