Case Study Discussion & Executive Summary: Pinto Fires Monday‚ March 28‚ 2011 Robert Adams‚ Kristi Nguyen‚ Ren Heeralal Mgt 216/ Organizational Ethics and Social Responsibility Instructor: DIANE RECTOR Case Study Discussion & Executive Summary This is an essay concerning a case study discussion & executive summary involving the Ford Pinto case. On August 10‚ 1978‚ take for the chapter concerning (Managing business ethics)‚ three teen girls died in an automobile accident
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BUSINESS STRATEGY ALTERNATIVES & RECOMMENDATIONS: Airbus has become a leader in commercial aircraft manufacturing relying heavily on an integrated position of low-cost leadership and technology-focused differentiation. Boeing‚ their major competitor‚ has a position in the market that has consistently eroded while maintaining an integrated position of brand value differentiation and long term cost reduction through acquisition and economies of scale. In this section‚ we will discuss two main ideas:
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MARKETING ENGINEERING FOR EXCEL • CASE • VERSION 1.0.2 Case Ford Hybrid Car Case By Arvind Rangaswamy 1. Before beginning any case‚ students should familiarize themselves with the model being used. Marketing Engineering for Excel comes with tutorials that demonstrate the capability of each model. The tutorial can be found under each model within the ME►XL menu after starting Excel. These tutorials are designed to work with our OfficeStar examples which are located in
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Alternative Fueled vehicles as rental cars Lotus Car Rental (LCR) is on the move to making a very wise decision. LCR has successfully operated its business for a number of years. Today’s competition among Budget Car Rental‚ Avis‚ and Enterprise does not measure up to the services and advancement that LCR has displayed. With consumers making more advances toward environmentally friendly cars‚ alternative fuels for vehicles are a better choice. The assessment prepared for the Chief Financial
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Born circa 470 BC in Athens‚ Greece‚ Socrates’s life is chronicled through only a few sources—the dialogues of Plato and Xenophon and the plays of Aristophanes. Because these writings had other purposes than reporting his life‚ it is likely none present a completely accurate picture. However‚ collectively‚ they provide a unique and vivid portrayal of Socrates’s philosophy and personality. Socrates was the son of Sophroniscus‚ an Athenian stone mason and sculptor‚ and Phaenarete‚ a midwife. Because
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ASTON-BLAIR‚ INC. CASE ANALYSIS Aston-Blair is a producer of "precious metal alloys and other specialized alloys for commercial and industrial use" (Aston-Blair Case‚ 1999: M-6‚ 13). At the time of the case‚ this company is experiencing difficulties due to the economic slowdown that occurred in the early 1990s and the declining price of gold‚ caused by the start of the Gulf War. At the end of an executive committee meeting‚ Wynn Aston III‚ CEO of Aston-Blair‚ charged Peter Casey‚ Vice President
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should rank its products based on contribution margin per direct labor hour to determine the right mix in order to maximize profit. Exhibit 1 shows the contribution margin per direct labor hour for each of the proposed product lines. Group Recommendation Utilizing the method of allocating scarce resources‚ we find that producing skateboards at the proposed volume provides the highest contribution margin per direct labor hour. From Exhibit 1‚ our calculations conclude that the production of skateboards
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Valid Contracts Victoria Glaser American Intercontinental University Abstract A contact is a legal binding agreement made between two parties. A contract is only enforceable if both parties involved in the contract have agreed to give or receive something of value. When going into an agreement or contract it is important to know the type of contract. This paper will explore the various types of contracts and the meaning of each. Express or implied contracts‚ unilateral
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Mr. Gioia’s decisions regarding the Pinto fires highlights the disengagement from emotion often associated with business decisions. From a business stand point‚ decisions have to be based on facts and financial repercussions are the ultimate deciding factor in which action to pursue. If a defect in a certain make or model of car is classified as an extremely rare incident then no action will be taken. This is governed by the premise of statistical probability. Coupled with a detailed cost versus
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Every day we are faced to make decisions that not only affect you but also may have an impact on others. These decisions may benefit you or your business but could have the opposite affect towards the public. Decisions have the ability to make or break an organization and often take weeks or month to evaluate all possible alternatives. This paper will discuss the Ford Motor Company’s dilemma regarding the 1968 Pinto. Decision making is the process of making choices based on the values‚ preferences
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