1. Apply the teachings of utilitarianism in the following scenario:
  1. Several companies have closed or stopped their operation as an aftermath of lockdowns due to Covid19. Some businesses have decided to continue operation but with a drastic cut on their manpower. Companies have to terminate or end the employment workers. Workers have lost their job.
  1. Good Corporate Governance is expected to balance the interests of, and relationships between, the various stakeholders of the company while ensuring the long-term sustainability and success of the enterprise.

What are the programs and practices of business organization that shows good governance?