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Learning Goal: I’m working on a international law presentation and need an explanation and answer to help me learn.https://www.bloomberg.com/news/articles/2021-11-26/peloton-sues-lululemon-in-bid-to-protect-sportswear-patentsAbove is the link for the article, Please help provide an idea for the below steps:Describe the problem or dilemma or management decision presented in the article. What went wrong with the business decision(s) described in your article? Or what does the business need to decide, to change, to implement? Why is the company now in the public spotlight? Which laws and/or administrative agency regulations are involved? (You do not need to research the law itself. Example, you could say something like ‘the banking regulations under Dodd-Frank Act’ or ‘financial regulations from the Consumer Finance Protection Bureau’). This slide will sum up these answers in brief bullet points. Explain how current practices are a problem, and identify options/recommendations (2 or 3 ideas are sufficient) the company can do to fix them going forward. Put yourself in the role of consultant hired in to advise the company on its next steps. Which laws and regulations, if any, are violated or under investigation? Which ethical principles seem to be violated by current conduct? Why are current practices not in the company’s best interest? This slide covers the details of the conduct, and your ideas on management’s options for improving and/or solving the problems. Select one ethics principle or theory from our text or print lecture to apply to the situation described in your article. This is your decision-making model. Explain the principle/moral theory to the audience, and state why you recommend using this decision-making model to fix current problems going forward. In other words, this slide covers the ethics principle or theory you believe will best address the problems. Regulators and shareholders alike now look for ethics to play a major role in management decisions. Based on the decision-making model you select in Step 4, recommend one specific course of conduct for the company. Show how your model is applied to the current situation, and how it supports the course of action you recommend for going forward. In other words, this slide shows how your recommended course of action is derived from your decision-making model, how the ethical principle or moral theory supports/justifies your recommended course of action.