Safety Administration (NHTSA) put a price on life - $200 725 (adjusted for inflation). The Ford Motor Company used this data along with other statistical studies to determine the cost benefit of improving the safety of the Ford Pinto compared to the cost of loss of life. It was determined that the cost of the suggested improvements outweighed their benefits. This essay aims to address whether cost-benefit analysis is a legitimate tool and what role‚ if any‚ it should play in moral deliberation‚ especially
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burn to death.” Mark Dowie‚ Author of Pinto Madness (8) One of the biggest automotive news stories in the latter part of the 1970’s dealt with tales of exploding Ford Pintos and the considerable awards civil court juries were presenting to victims of accidents involving the cars. Ford produced the Pinto automobile from 1971 to 1980. Initially the car sold well‚ but a defect in the early models made Pintos prone to leaking fuel and catching on fire after relatively low-speed‚ rear-end collisions
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Utilitarianism and the Ford Pinto Case The Ford Motor Company manufactured a subcompact vehicle called the Ford Pinto during the years from 1970 to 1980. The Ford Pinto was advertised successfully to consumers and The Ford Motor Company was rewarded with sales for the Ford Pinto in the hundreds of thousands. Was the reward worth the cost? The Ford Motor Company knowingly engineered the Ford Pinto with a design flaw in the placement of the gas tank and a design flaw in the connection of the fuel
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Ford Pinto - Executive Summary MGT216 12/06/2010 Executive Summary Ford Motor Company introduced the Ford Pinto into the consumer market place and the end result was profit over human life. Ford Motor Company analyzed the cost of replacing an inexpensive part and found that it was cheaper to pay for suits resulting in accidental deaths and injuries. This summary will provide details and the factors surrounding the Ford Pinto case‚ the results of the production of the car and how Ford
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Intensity of Ford Pinto Case Magnitude of the Consequences From the perspective of senior managers who made the decision‚ the magnitude of consequences introducing the Ford Pinto to the market is small. To support this point of view‚ Ford vice President firstly cited several statistical evidences. In 1975‚ only 12 of 848 deaths‚ which associated with passenger-car accidents in which fires also occurred‚ involved occupants of Pintos. And in 1976‚ the number of occupant fatalities in fire-associated passenger-car
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1999) The Ford Pinto appeared on the market in 1970‚ and sales of the car were good for the first few years. The engineers designed the gas tank to be positioned between the bumper and the rear axle. This design
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PROFESSIONAL ETHICS CASE STUDY THE FORD PINTO Q1.What moral issues does the pinto case raise? The moral issues raised in Pinto case are that business should not put a value on human life and avoid known dangers. As ford thought they could get away with a dangerous automobile by paying off those lawsuits from people who were injured and the families of the dead. Ford thought it was more cost effective not to fix the dangerous condition than to spend the money
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Ethical System Teleka Seh Gwynedd-Mercy College (PHL 2000) Encountering Ethics February 3‚ 2013 Joe Coleman Abstract There are many ways of viewing the ethical system and far too many to even explore. I will give a brief explanation as to how the ethical system is applied both negative and positive. Individuals share different ideas in reference to what is right or wrong and if communities differ and can’t seem to compromise then they have different ethical system and
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2012 Case: The Ford Pinto I believe that the cars should have been recalled when Lee Iacocca; president of Ford‚ learned that ruptured fuel tanks resulted from‚ “Stray sparks easily igniting any spilling gasoline and engulf the car in flame.” This case is about Ford Motor Company trying to compete foreign subcompact cars; Volkswagaons. Ford produced a new car to compete called the Ford Pinto. The normal production time is almost four years‚ but the production for the Pinto took half that time
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vandalism‚ insects‚ mold and fire. Because of the speed and totality of the destructive forces of fire‚ it constitutes one of the more serious threats. Vandalized or environmentally damaged structures can be repaired and stolen objects recovered. Items destroyed by fire‚ however‚ are gone forever. An uncontrolled fire can obliterate an entire room’s contents within a few minutes and completely burn out a building in a couple hours. The first step toward halting a fire is to properly identify the
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