However, it can be difficult to determine just what the consequences should be when making a cost-benefit analysis. For the purposes of discussion, we will utilize the infamous Ford Pinto case as a study in utilitarian ethical theory and its business application. The Ford Pinto was a car produced from 1971-1978 that was conceptualized to compete with smaller Japanese imports that were gaining American market share at the time. The goal was to produce a more fuel-efficient vehicle that weighed less than 2,000 pounds that would be sold for less than $1800. Typically, it would take 43 months to design and produce a car. However, the Pinto was rushed to market in 25 months. They failed to test for rear-end impact before placing the vehicles on the consumer market and finally ran the rear impact test after many had already been sold. Not only did the Pinto fail the test, but Ford also learned that the design and placement of the fuel tank made it susceptible to puncture by a bolt in the bumper and
Cited: Legett, C. (1999). The Ford Pinto Case: The Valuation of Life as it Applies to the Negligience-Efficiency Argument. Retrieved June 17, 2012, from http://www.wfu.edu/~palmitar/Law&Valuation/Papers/1999/Leggett-pinto.html. DeGeorge, R.T (2010). Business Ethics (7th ed.). Upper Saddle River, NJ: Prentice Hall Dowie, M. (1977). Pinto Madness. Mother Jones. Retrieved June 17, 2012, from http://www.motherjones.com/politics/1977/09/pinto-madness.