(300-400 words or more)Identify an ethical issue that has occurred in the business world. The ethical issue must be based on an actual historical or current events (you can site an event that you have experienced at the workplace). Below are two examples of ethical issues in business:Congress moves to end its crisis over insider trading on outbreakhttps://thehill.com/opinion/judiciary/489399-congress-moves-to-end-its-crisis-over-insidertrading-on-outbreak(Links to an external site.)(Links to an external site.)US McDonalds workers file $500m sexual harassment lawsuithttps://www.bbc.com/news/world-us-canada-52284054(Links to an external site.)(Links to an external site.)For this assignment, imagine that you believe in utilitarianism as the best model for solving ethical dilemmas, then respond to the following items:Briefly explain utilitarianism, and discuss the issue – just enough so that your instructor understands the issue.Then discuss how you, as a utilitarian, would address the issue.Does this ethical model lead to appropriate remedies to the issue?