Assignment 3: The American Red Cross (ARC)HRM 522 Ethics & Advocacy For HR ProRead The American Red Cross (ARC) case. You are to write a four to six (4-6) pagepaper that answers the following questions:1. Determine the impact of this event on ARC’s “benefits of business ethics” (employee commitment, investor loyalty, customer satisfaction, and bottom line).2. Determine and discuss the role that ARC’s stakeholder orientation played in this scenario.3. Determine and discuss the ways in which ARC’s corporate governance failed to provide formalized responsibility to their stakeholders.4. Recommend steps that ARC could follow to improve their stakeholder perspective.5. Include at least three (3) references, no more than three (3) years old, from