Gonzalez-Padron, T. (2015). Business ethics and socialresponsibility for managers [Electronic version]. Retrieved fromhttps://content.ashford.edu/After reading about Bill Daniels and the story about the insurance company in Chapter 5 of Gonzalez-Padron (2015), answer the following questions in essay form:Which ethical tradition best describes Bill’s decision to pay the client from his own funds?Did he approach the decision using a rules-based, virtue or relationship-based, or outcome-based approach, or a combination of approaches?Bill credits sports coaches for progression to higher stages of moral development. What other factors could motivate someone to develop higher levels of moral reasoning?Can you think of a person who demonstrates principle-based ethics? How do this person’s actions reflect a highly developed moral reasoning?Incorporate key words and phrases from Chapter 5 of the text and at least two additional sources into your responses. Use your own words to define the key words and phrases you incorporate. Be sure to cite all sources in the body of your paper and on the references page.The paperMust be three double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the FSB APA guidance located in the classroom.Must include a separate title page with the following: Title of paperStudent’s nameCourse name and numberInstructor’s nameDate submittedMust use at least two scholarly sources in addition to the course text.Must document all sources in APA style as outlined in the FSB APA guidance located in the classroom.Must end with a conclusion that clearly summarizes what was presented in the paper.Must include a separate references page that is formatted according to APA style as outlined in the FSB APA guidance located in the classroom.