Ethics and Values in Management BAGM5033 (2014/1) CASE STUDY: THE FORD PINTO VELU KUMARASAMY MC1301MC0029 Assigned By: Dr. Shaharudin Yunus 1 TABLE OF CONTENT NO PARTICULAR 1 CASE SUMMARY : THE FORD PINTO 2 Q1: Is it ethical for a company such as Ford‚ to perform cost-benefit PAGE analyses when lives are involved? 3 Q2: As a society we often perform cost-benefit analyses involving lives. For example‚ we do not require overpasses to be built at all railroad crossings‚ even though we know
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Ford Motor Company ~ Case Study THE PROBLEM Despite the revamping effort‚ Ford remains plagued with prolonged Order-To-Delivery (OTD) time periods‚ congested inventories and issues with the procurement processes. After some research‚ these issues appear to be well addressed by the new direct business model of the Dell Computer Corporation. Dell differentiates itself through the utilization of virtual integration‚ an efficient and effective direct business model facilitated by electronic business
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Ford Motor Company and its Outsourcing Company Overview: Ford Motor Company‚ a global automotive industry leader based in Dearborn‚ Michigan‚ manufactures or distributes automobiles across six continents. It is a publicly traded company on the New York Stock Exchange. The Company has about 198‚000 employees and 90 plants worldwide with the automotive brands include Ford and Lincoln. The Company also provides financial services through Ford Motor Credit Company. The revenue of the company is $136
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consumers value that image more than before. They need fun when driving in a boring crowded city. They want a compact car but moreover with space inside to feel like in a big car with the same safety and reliability for a lower price. Knowing that‚ Ford should now target consumers who seem to be the most profitable segment(s) and likely to buy their new model. They did several surveys and they found out two possibilities: targeting according to socio-demographic descriptions or according to psychographic
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Henry Ford Henry Ford was an industrialist and was the creator of one of the greatest motorized vehicle companies in the world. Henry Ford’s products did not only affect people of his time but they also have had a greatly affected modern day motor vehicles. Henry Ford was significant for many things but in my opinion he was most important for his thriving Ford motor company‚ his use of the assembly line and technique of mass production‚ and finally his contribution to war. Henry Ford was born
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Ford had Responsibility to Fix Pinto The Ford Pinto case study clearly presents an unethical and immoral practice that shows corporate greed for a positive bottom line is more important than the value of human life. Along with the issue of greed is the need to outdo the competition to be the best in the automobile industry. Together these issues cloud the judgment of Ford’s management. The use of cost-benefit analysis to determine if the flaw in Ford Pinto automobiles is worth the financial
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Informative speech on automobile safety Informative Speech Outline Intro Automobiles! You just have to have one in this fast paced world! In the United States‚ or maybe just in a popular city such as Los Angeles or New York‚ automobiles are necessary. People need to move from point A to point B. These points can be as close as a few hundred feet or even range up to a few hundred miles! When making these trips safety is a priority. There are hundreds of thousands of automobiles on the roads across
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Abstract The purpose of this paper is to show how technology has been used to enhance automobile development. The paper’s overall claim is that without technology‚ many of the advances made in this field would not have been possible. The paper will discuss three advancements in the automobile field that have been enhanced by technology. These advancements are: safety enhancements‚ speed enhancements‚ and alternative fuels. Research was done using data from various sources. Sources of the used articles
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Henry Ford 1863-1947 American industrialist and essayist. One of the most esteemed figures in American industry‚ Henry Ford is credited with devising and implementing the continuous assembly line‚ thus making possible the era of mass-production‚ mass-marketing‚ and the modern‚ consumer society. Ford’s efforts are additionally thought to have shaped American culture in the early twentieth century‚ tremendously speeding the process of urbanization by making the automobile available to the middle
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Ahmet Ali Dinler 2011301264 The Ford Motor Company Mission Statement ONE FORD MISSION: ONE TEAM People working together as a lean‚ global enterprise for automotive leadership‚ as measured by: * Customer‚ Employee‚ Dealer‚ Investor‚ Supplier‚ Union/Council‚ and Community Satisfaction ONE PLAN * Aggressively restructure to operate profitably at the current demand and changing model mix * Accelerate development of new products our customers want and value * Finance
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