This assessment task relates to the following learning outcomes:  K1. Research and discuss underpinning theories of ethical philosophy and apply these in to a range of scenarios in an IT workplace environment.  K2. Interpret the principles of the Australian Computer Society Code of Ethics and synthesize them into daily IT practice.  S2. Utilise professional presentation and communication approaches in a range of IT workplace settings.  A1. Construct written and verbal arguments in a variety of formats on the evolving nature of ethical norms relating to new technologies.  V3. Value ethical decision making approaches when working as an IT professionalPrepare a business report of about 1500 words that gives an ethical analysis of the issues raised in the case study. In particular (at least), include in the report responses to the following sub-tasks:  Provide a defence, on ethical grounds, for the decision to bid for the contract with a figure below the estimated costs;  Identify the potential consequences to the project client of accepting this aggressive bid;  Who else suffers or is at risk of suffering as a result of this aggressive bid being accepted?  What duties is the project manager aware of, 3 days before project delivery is due?  What duties is the test engineer aware of, 3 days before project delivery is due?