Case Study: You are the managing director of a State Transport Undertaking. The bus fleet is ageing and financially bleeding. The private maintenance contractor offers low bids but is known to use re-treaded tires and poor brake spares. The drivers union warns of fatal accidents, while the state finance department refuses additional subsidies and threatens privatization if operating costs are not slashed immediately. (a) Evaluate the ethical tradeoffs between cost cutting and passenger safety. (b) What balanced course of action will you take?