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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Case Study Discussion & Executive Summary: Pinto Fires Monday‚ March 28‚ 2011 Robert Adams‚ Kristi Nguyen‚ Ren Heeralal Mgt 216/ Organizational Ethics and Social Responsibility Instructor: DIANE RECTOR Case Study Discussion & Executive Summary This is an essay concerning a case study discussion & executive summary involving the Ford Pinto case. On August 10‚ 1978‚ take for the chapter concerning (Managing business ethics)‚ three teen girls died in an automobile accident
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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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Legal Analysis Grimshaw v. Ford Motor Company Facts In 1972 a Ford Pinto‚ purchased six months prior‚ unexpectedly stalled on the freeway in California. The Pinto was hit from behind by a Ford Galaxy‚ erupting into flames instantly. The driver of the car‚ Lilly Gray‚ suffered from fatal burns and died a few days later in the hospital. The passenger‚ a 13-year old boy named Richard Grimshaw‚ was also severely injured from burns‚ which caused his face and body to be permanently disfigured. After
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Chapter 8: Grimshaw v. Ford Motor Company Caption: Grimshaw v. Ford Motor Company Citation: California Court of Appeals‚ Fourth District‚ 1981 174 Cal. Rptr. 348 Facts: 1. Ford developed a new model‚ later to be known as the pinto‚ changing the design drastically. 2. Ford discovered that the fuel tanks position was in a ’vulnerable place’ and the car failed to met crash safety standards. 3. Ford was aware of the small cost to help the fuel tanks meet standards but refused to
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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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Ford Pinto Case Study The Ford pinto lasted from the 1960’s to the late 1970s and was highly controversial. This poorly made automobile came from a production race between the USA and Japan‚ where the United States promised an affordable‚ fuel efficient‚ and reliable car. Because of the hasty production‚ it left Ford with a flawed‚ dangerous‚ and untested product. The outrage over the obvious safety flaws of the Ford Pinto caused leaders to call upon their values‚ mission statement‚ and ethics
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Roles of Key Players One of the biggest roles is the board of directors or executive level management. Lee Iacocca the creator of the Ford Mustang had a very high reputation in which he outperformed his workers and his rival the President Semon “Bunky” Knudsen. The story of 1968 in which the German and the Japanese outperformed any other nation in making small compact cars. Lee Iacocca suggested to build a small compact car in which would outperform and be the competitor of the Germans’ compact
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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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