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Question 4 (25 marks) (b) A senior engineer working in a private estate management company took advantage of his office to solicit $40,000 from a project manager of a CCTV trading company as a reward for his assistance in obtaining green light for the company's car park CCTV installation project. (a) A 10 years restaurant project of social enterprise is planning to employ those yet-still- active retirees. Assume the interest rate is 10% per annum. It costs: Setup of a restaurant = ($750,000 + 1000 X 4) Salvage value = ($200,000 + 10 x 4) Annual Rent, and Operating Costs = $1,000,000+ Annual Salary = $10,000 x 8 staff = $80,000+ (1) What type of legal & ethical issues did the senior engineer commit? Give supporting reason and example in your answer. (3 marks) (ii) Does it apply to private sector? How? (2 marks) (111) Give one possible cause of such issue to happen. (1 mark) It may achieve benefits: Annual Sales of meals = $1,000,000+ Annual Joy of Contribution = 30,000 x 8 staff = $240,000+ tttt Should the project be implemented? Justify your answer in terms of modified B-C ratio of AW. (Round off your answer to 3 decimal places.) (10 marks) c) A Business Analyst has worked for Snoopy Insurance Ltd. for many years. Her contract had a term of Post-Employment Limitations: not to work for a competitor for 1 year after quitting her job. This term was to protect the company from revealing any business secrets. Later, she left the insurance company and immediately joined a software vendor, which develops and sells a computer system for insurance to her former company. + (1) Does she violate the legal or ethical issues? Would there be any conflict of interest? Provide reason(s) for your answer. (3 marks) (11) How to avoid such suspect, if any? (1 marks) ttttttttt (d) Briefly describe FIVE reasons why engineers need to have professional ethics? (5 marks) Question 4 (25 marks) (b) A senior engineer working in a private estate management company took advantage of his office to solicit $40,000 from a project manager of a CCTV trading company as a reward for his assistance in obtaining green light for the company's car park CCTV installation project. (a) A 10 years restaurant project of social enterprise is planning to employ those yet-still- active retirees. Assume the interest rate is 10% per annum. It costs: Setup of a restaurant = ($750,000 + 1000 X 4) Salvage value = ($200,000 + 10 x 4) Annual Rent, and Operating Costs = $1,000,000+ Annual Salary = $10,000 x 8 staff = $80,000+ (1) What type of legal & ethical issues did the senior engineer commit? Give supporting reason and example in your answer. (3 marks) (ii) Does it apply to private sector? How? (2 marks) (111) Give one possible cause of such issue to happen. (1 mark) It may achieve benefits: Annual Sales of meals = $1,000,000+ Annual Joy of Contribution = 30,000 x 8 staff = $240,000+ tttt Should the project be implemented? Justify your answer in terms of modified B-C ratio of AW. (Round off your answer to 3 decimal places.) (10 marks) c) A Business Analyst has worked for Snoopy Insurance Ltd. for many years. Her contract had a term of Post-Employment Limitations: not to work for a competitor for 1 year after quitting her job. This term was to protect the company from revealing any business secrets. Later, she left the insurance company and immediately joined a software vendor, which develops and sells a computer system for insurance to her former company. + (1) Does she violate the legal or ethical issues? Would there be any conflict of interest? Provide reason(s) for your answer. (3 marks) (11) How to avoid such suspect, if any? (1 marks) ttttttttt (d) Briefly describe FIVE reasons why engineers need to have professional ethics