In 1968 Lee Iacocca and the Ford Motor Company wanted to produce a inexpensive vehicle to appeal to the first time buyers market. Mr. Iacocca philosophy was for consumers to remember Ford as the very first vehicle that they owned so that when it was time for them to invest in another vehicle it would be a Ford. But‚ in order for Ford to develop a inexpensive vehicle to fit the philosophy of Lee Iacocca‚ they had to cut corners. Unfortunately‚ the one corner they cut was the placement of the fuel
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Ford Pinto Fires Case Study and Executive Summary John Bonner‚ Scotti Greenleaf‚ Rose Scarbrough MGT216 University of Phoenix October 18‚ 2010 Sarah Nelson Ford Pinto Fires Case Study and Executive Summary Introduction During the Late 1960’s the Ford Motor Company was one of the leading auto manufactures in the United States. Ford was credited with revolutionizing the muscle car era of the 1950’s and 1960’s. During the mid 1960’s Lee Iacocca helped Ford establish itself in the late 1960’s
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Dilemma in the Ford Pinto Case On August 10‚ 1978 three young girls died in a 1973 Ford Pinto after being stuck from the rear by a driver in a van. The Ford Pinto was completely engulfed in flames and the accident resulted in the death of the three young girls. Today‚ the debate continues regarding whether or not The Ford Motor Company was responsible for this case and many other cases involving the Pinto bursting into flames resulting in disfigurement or death. Ford has argued for
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Dropbox 4 Business Ethics A Utilitarian Argument in the Ford Pinto Case In 1971 Ford Motor Company decided they wanted to create a compact car that could compete with the other Japanese manufactured cars. It rushed from its inception to its actual production. In the end‚ these cars proved to be one of the most dangerous ever produced because of their extreme flammability in instance of rear impact collision. The decision by Ford to not recall any of its cars‚ and not fix design flaws‚ conceal
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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 when placing a monetary value
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Question 7: In our opinion‚ we think that Ford Company is morally wrong if the savings resulting from not improving the Pinto gas tank had been passed on to force’s customers. We will say is morally wrong because Pinto do not meet the safety standard propose by the National Highway Traffic Safety Administration (NHTSA). The safety standard of NHTSA is to reduce fires from traffic collisions. This standard required that all new cars produced by 1972 should be able to withstand a rear-end impact
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1. Case Summaries and Guide Questions for Discussion: https://www2.bc.edu/~sannella/Case.htm SULLIVAN’S AUTO WORLD. The owner of a Ford car dealership dies unexpectedly. His 28-year ... Compare the sales and service departments at Auto World. What useful.... Provide supporting quantitative analysis where appropriate. What ... 2. term paper on Sullivan Ford Auto World Case (Analysis) www.termpapermasters.com/.../Analysis-of-the-Sullivan-Ford-Auto-... Sullivan Ford Auto World Case (Analysis)
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Lottie George Part‚ Two Water for Profit‚ John Luoma February 26‚ 2013 Should Water be Free? Today’s economy is mostly comprised of wealthy business investors and major corporations. Fresh water resources are being controlled or being angle drilled by private corporations from across the world. This article by John Luoma‚ Privatization refers to: To change (an industry or business) from Government or public ownership or control to a private enterprise dealing with private water companies
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Cazul Ford Pinto Acesta caz s-a petrecut la sfarsitul anilor ’60‚ cand cererea pentru masini sub-compacte a fost in crestere pe piata. Specificatiile Iacocca pentru proiectarea masinii au fost fara compromisuri: "Pinto trebuia sa fie cu nici macar o uncie mai greu de 2.000 de pounds (aprox. 900 kg) si sa nu coste un cent peste 2.000 de dolari." In timpul proiectarii si productiei‚ totusi‚ testele de coliziune a relevat un defect serios la rezervorul de benzina. In accidente
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Ford Pinto Executive Summary Your Name University of Phoenix MGT/216 Teacher Date Ford Pinto Executive Summary The Ford Pinto case is a classic example of ethics versus money. Ford decided to make a decision that was unethical in order to save time and money. The questions that come about when determining how unethical it all was are: What solutions would be recommended to make it better? How did external social pressures influence the decisions? Through the period eye would the decision
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