Report In August 2000‚ Ford Motor Company and Firestone Tire Company recalled 6.5 Million ATX and AT tires that had been installed on Ford’s Explorer model SUV. At the time‚ it appeared as though Ford and Firestone were doing the right thing. They had found out that the tread separated on Ford Explorers in states with intense heat‚ such as Florida and Texas. However‚ it later came to light that both Ford and Firestone had known about these problems earlier than 2000 and that Ford had even had a similar
Premium Ford Motor Company
Firestone and ford: the tire tread separation strategy (case for discusiion for bba iii b on Tuesday 21 May 2013) It is often tricky to know when an ethical orsocial issue really begins. Does it begin before it is “recognized” or “identified” as an issue? Does it begin when an isolated manager recognizes an incident or a trend and reports it via a memo to his superiors? Does it begin once the media get hold of information and the frenzy begins? Such questions arise in the case of the Firestone–Ford
Premium Ford Motor Company
One of the latest recalls involves two companies‚ which are the Ford Motor Company and Firestone. About 290‚000 Firestone tires will be replaced on Ford cars; this action was taken after several accidents happened. Some of the accidents were associated with the death of the drivers. Firestone and Ford Motor’s reputation and public image were affected after this recall (Hakim‚ 2004). Newsweek specified that some of the worst companies in the plant are companies that concentrate on utilities. Peabody
Premium Management Ford Motor Company General Motors
Firestone and Ford: The Tire Tread Separation Tragedy Business Ethics November 8‚ 2011 Executive summary. Firestone/Bridgestone and Ford companies caught public negative attention in the end of 1990s because of their relation to tire tread separation cases‚ which caused numerous car accidents not only in US‚ but also abroad. Because they did not take proper actions to eliminate the number of this cases and remove all dangerous products from the market timely‚ even if they knew that something
Premium Ford Motor Company
Ben Lake Prof Guo Business Ethics 23/04/2014 Case Analysis #2 – The Ford/Firestone Debacle I) Case Summary Introduced to the market in 1990‚ the Ford Explorer quickly became the most popular sport utility vehicle In America. SUV’s are designed to travel off-road‚ are built high off the ground to clear rocks and other obstructions underneath. The explorer fulfilled consumers’ desire of comfort and ruggedness. Ford’s engineers designed the Explorer to use the same truck frame as its older Ranger
Premium Ford Motor Company
Bridgestone/Firestone‚ Inc. officially announced that it was recalling 6.5 million of its Wilderness AT tires‚ most of which had been installed on Ford’s popular SUV‚ the Explorer. It was reported that Explorers equipped with Wilderness AT tires had been involved in a large number of rollover accidents on the USA high way leading to more than 170 deaths and over 700 injuries‚ and more than 40 deaths in the other countries. After August 2000‚ Ford announced a recall of more than 1 million Firestone tires
Premium Quality management Quality control Ford Motor Company
The Firestone/Ford Tire Controversy (A) 1.) Why did Sears‚ Ford and Firestone react differently to the same incident? Sears was one of the largest retailers of Firestone tires in the United States during the 2000 controversy. As they were simply just a dealer of tires to the public‚ they were inclined to halt sales of the tires before the official recall was announced for the benefit of their customers. Even though they had a longstanding relationship with Firestone‚ they had to pull the tires
Premium Ford Motor Company
Firestone History Firestone has been the leading provider for United State’s tire manufacturing for more than 100 years. They have won multiple awards in quality and environmental. As well as providing tires for many car companies‚ they also contribute a huge role in auto racing history. A man named Harvey S. Firestone started Firestone when there was a huge desire for innovations. Mr. Firestone saw the potential for his tire making idea and knew that it would change America forever. His idea
Premium Ford Motor Company
SURVIVAL AFTER LIBERALISATION. SUMMARY Firestone East Africa (1969) Limited was incorporated as a joint venture between the government of Kenya and Firestone Tyre and Rubber Company of U.S.A in Kenya in 1969. The government of Kenya held shares through Industrial Commercial and Development Company (I.C.D.C) with 30% and Development Finance Company of Kenya (D.F.C.K) with 10% equity. Firestone Tyre and Rubber Company held the remaining 60% of shares. Firestone East Africa (1969) Limited thereafter
Premium Kenya Management
Every business has stakeholders involved. A stakeholder is anyone who has a claim in some way to a company’s products‚ operations‚ markets‚ industry‚ and outcomes (Ferrell‚ Fraedrich‚ Ferrell 31). Some stakeholders are more involved than others. Members that are needed for the company to maintain are referred to as primary stakeholders‚ whereas others are called secondary stakeholders. Primary stakeholders can be identified as employees‚ customers‚ investors‚ and shareholders and can also be governments
Premium Business ethics Stakeholder analysis Affect