The COVID 19 situation has led various companies to rethink their strategies. One company is EatAmaze. EatAmaze has various outlets distributed across Singapore. However, for those months that residents of Singapore are encouraged to stay indoors, the business of EatAmaze has been extremely poor. EatAmaze management has decided to adopt a moreIT-oriented approach in its management of business. The management is planning to enhance its work processes through ITs to reduce costs. EatAmaze will purchase a food delivery platform that functions somewhat similarly as Grab and PandaFood. Customers can order their food via the food delivery platform. EatAmaze plans to outsource the delivery of food to another company. The delivery of materials (for example, flour, noodles, chicken) for food preparation will also be done via the food delivery platform. The management of EatAmaze expects the network and storage resources of its food delivery platform to be functional at all time. Specifically, customers must not experience any delays in their online food orders even when there is a huge increase in the orders. The management also plans to use the food delivery platform to advertise its food. It is also looking at various options of how service and relationship with customers can be improved through ITs. The management will also train its service personnel to handle customers' online feedback. Given that EatAmaze will be closing a few of its outlets to cut costs, the company will also be retrenching some of its staff. One of the management membersMary proposed to compensate the to-be-retrenched employees by offering some monetary benefits based on the number of years the employees worked at the company. She believed that doing so will also help those to-be-retrenched employees to tide over the income loss period. She also believed that it will not overburden the government financially as the to-be-retrenched employees may seek financial assistance from various social support government agencies. Jimmy, another management member, perceived that it is more appropriate to compensate the to-be-retrenched employees with a lump sum of money. He believed that adopting such an option will help the company to save some money as compared to the proposed option by Mary. Assume that you are an external consultant employed to advise the management of EatAmaze of its IT-related plans.

Question 4 (a) Discuss the normative theories of business ethics by:

(i) Assessing the normative theory of business ethics that is best subscribed by Mary and Jimmy. Explain your answer with case facts.

(ii) Explaining any one (1) of the three normative theories of business ethics.

(b) Describe to the management recent developments in ITs by providing an example of the use of (i) sentiment analysis; (ii) IOTs relevant to the business of EatAmaze.

Answer rating: 100% (QA)

Question 4 a Normative Theories of Business Ethics i Assessment of Normative Theory Subscribed by Mary and Jimmy Marys proposal to compensate the tobe... View the full answer