Title: “Ethical Dilemma in Business: Balancing Self-Interest and the Greater Good” Answer: In the given scenario, the CEO is faced with a difficult decision of laying off loyal workers in order to save the business. This

Business Ethics Week3: Chapter 3
Students must answer the Ethical Question and include the following:
Include an ethical theory to support your answer
Include vocabulary from the chapter in your answer
Must respond to one student’s discussion post answer to this question
Ethical Question:
When laying off loyal workers to save the business, is it better to be an egoist, utilitarianist, or altruist as the CEO? Explain your answer. (200-300 words)
Uploaded textbook (chapter 3, pgs. (102-151) if needed