Pinto Fire Case Analysis Identify Decision Options Available to decision makers The affected Parties Ford Motor Company The Consumers purchasing the Ford Pinto The Decision Options Available 1.) The first decision available to Ford was to have taken Mr. Knudsen’s idea of foregoing the small car market and focus on the most profitable medium size cars market. This would have made it unnecessary for the company to shorten its regular production time‚ which resulted in cutting corners in the
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The largest issue in the case of the pacemaker is whether it is right or wrong to make‚ of course‚ but in order to find our moral correctness compass we must define what Utilitarianism is and from whose standpoint we are looking at this issue. John Stuart Mill‚ who studied under Jeremy Bentham (the father of Utilitarianism)‚ defined Utilitarianism as “actions are right to the degree that they tend to promote the greatest good for the greatest number (Kay 1997‚ p.7).” Racking and stacking the positives
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1081209020 Li Hongke 1081209050 Lu Linlin 1081209031 Lu Yao 1081209043 March 2009 Abstract Excessive cash and undervalued stock price forced Ford to conceive an unprecedented cash payout system - Value Enhancement Plan in 2000. For a dual-stock-structure company‚ this recapitalization did favor much Ford family which held the dominant voting power by giving it larger flexibility‚ enhanced control with less capital as well as tax benefit and confidence improvement. While
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are taking action. This brings us to the discussion of the difference between psychological egoism and ethical egoism and my position upon ethical egoism. I will begin by defining both psychological and ethical egoism. I will then state the counterexamples/arguments against it‚ and finally critically assess my position on ethical. Psychological egoism‚ as Dr. Belcher describes it is‚ "Psychological egoism is the claim that humans are (and can be) motivated only by selfish desires or that humans can
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THE FORD CASE Executive Summary After carefully analyzing Ford’s existing supply chain I immediately became aware of its highly complex nature. This high level of complexity combined with other internal and external factors have pushed Ford to search for solutions in order to overcome the costly supply chain challenges that they are facing and may continue to face in the future. Ford’s major difficulty in their present system is: the inefficient control of
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The Ford Pinto Fires Case The Pinto fires case is about a series of accidents involving the Ford Pinto’s fuel tank bursting into flames if struck from the rear. A 1978 suit against Ford Motor Co. for the murder of 3 teenagers brought the incidents to the public attention as it was the first time a major corporation was charged in a criminal case beyond negligence (Trevino‚ 2011). Background The Ford Pinto was rushed to production by Lee Iacocca to directly compete in the small car market with countries
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Introduction Ford Motor Company is the second largest industrial corporation in the world‚ employing 370‚000 people in 200 countries across the world with revenue over $144 billion. The auto industry has become very competitive on a global level‚ forcing automobile companies to cut costs and stay competitive. In trying to remain competitive‚ Ford introduced a plan called Ford 2000. This was done to cut costs‚ streamline the organization and processes globally‚ and increase economies of scale
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FORD MOTOR COMPANY: SUPLY CHAIN STRATEGY I. VIEWPOINT Teri Takai‚ Director of Supply Chain Systems at Ford Motor Company II. TIME CONTEXT Late 1990s III. STATEMENT OF THE PROBLEM How should the company use emerging information technologies (i.e. Internet technologies) and ideas from new high-tech industries to change the way it interacted with suppliers? IV. OBJECTIVE To be able to make the supply chain run smoothly by eliminating bottlenecking
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SHOUF CAMPUS Research about: EGOISM NATURALISM UTILITARIANISM Presented to: Dr. Charbel Orfali Done by: Firas hamadeh Semester: Spring 2012 Egoism Egoism can be a descriptive or a normative position. Psychological egoism‚ the most famous descriptive position‚ claims that each person has but one ultimate aim: her own welfare. Normative forms of egoism make claims about what one ought to do‚ rather than describe what one does do. Ethical egoism claims that it is necessary and
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Case Study- Ford Motor Company Stacey Planz Strayer University Principles of Management Bus302 Professor Osburn January 22‚ 2011 Case Study- Ford Motor Company 1. The case creates four options to choose from. Discuss at least three criteria the company should use to decide which of the four listed options is best and the reasons why each criterion should be used: i. Economically profitable; to maximize Ford’s profits‚ it’s clear that North American factories are not doing good and
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