. Students are required to seek additional external source material to bring another perspective to their papers. Students must obtain at least three research source. ***Assignmentshould have all 4 QUESTION ANSWER BELOW FULLY WITH COMPLETE SENTENCE***1. Define business ethics, and discuss the responsibilities of employees and managers in business ethics (this should constitute not more than 30% of the paper).2. Discuss what is involved in ethical reasoning/decision making, and analyze a scenario (personal example or example from research) where an employee and manager engaged in ethical reasoning. What was considered/not considered? What was done well? What needed improved? What would you have done differently in the position of employee or manager? (this should constitute approximately 70% of the paper).3. Discuss the necessary background information related to business ethics, responsibilities of employees and managers, and best practices in ethical reasoning4. Provide an analysis of a personal or researched example.The paper must contain the following format: