Risk Analysis (Pinto Case) Three social issues that are in this case are that one‚ social issue in this case was Ford claimed the reason for the recall of the 1.9 million Ford Pintos was not for safety but for “reputational” reasons. This is a social issue because‚ after all the evidence was piled up on their company for being unsafe and hazardous‚ they couldn’t just admit they made a mistake and recall the vehicles to make them safer. No‚ they had to use the reputation card to help their company’s
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Pinto Fire Case Study MGT216 April 18‚ 2012 Roles Regarding Pinto Fire In the 1970’s Ford Motor Company was faced with a questionable decision regarding the production and introduction of the Ford Pinto (Encyclopedia of Science‚ Technology‚ and Ethics‚ 2006). The introduction of the Ford Pinto was Ford’s attempt at producing a stylish and affordable subcompact vehicle that possessed lower operating costs (Encyclopedia of Science‚ Technology‚ and Ethics‚ 2006). The Pinto was rushed into production
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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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Ethical dimensions of cost/benefit" analysis. Evaluate from a moral perspective the "cost/benefit" analysis conducted by Ford. One may ask what do we need ethics in business for? To answer this question‚ we need to know what ethics is‚ as well as‚ what impact it has on businesses‚ people and relations. Ethics is often defined as a set of rules‚ principles governing a group or a person; determining his/her behavior. It imposes a social responsibility on people. Even though‚ in the past ethics was
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Immanuel Kant would have would have certainly believed that Ford acted wrongly by not upgrading the integrity of the Pinto’s fuel system after learning about the danger of explosions in low-speed rear end collisions. Kantian deontology asserts that “nothing can possibly be conceived in the world‚ or even out of it‚ which can be called good‚ without qualification‚ except a good will.” (Kant 1). Although some human qualities are intrinsically valuable‚ or good for their own sake‚ Kant believes that
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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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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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Business Ethics Ford Motor Company In the simplest form of utilitarianism‚ promoting the greatest pleasure for the greatest number of people; is a popular ethical business practice. Sometimes this utilitarian theory is considered a controversial theory of morality especially when linked to the cost-benefit analysis versus the risk-benefit analysis‚ ultimately eliminating the human quality of making business decisions. Ford Motor Company‚ Ford Pinto Case‚ is one of the most debatable utilitarian
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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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Haskins November 25‚2013 For 1970‚ the Torino now became the primary model and the Fairlane was a sub-series of Torino. Ford moved away from emulating the boxy lines of the to a completely new body for the 1970 Torino/Fairlane line influenced . Just a were influenced by jet aircraft of the 1950s‚ stylists such as Ford stylist Bill Shenk who designed the 1970 Ford Torino were inspired by supersonic aircraft with narrow waists and bulging forward and rear fuselages needed to reach supersonic
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