1. Amy B. Perrault Individual Assignment | Number One MBA605 – Business Ethics & Social Responsibility | Jan Ruder‚ Ph.D. November 11‚ 2007 2. It’s 1973 and I am the Recall Coordinator for Ford Motor Company. Field reports are coming in reporting the following: Rear-end collisions‚ Fires‚ and Fatalities. I must decide whether to recall the Pinto. (Case: Pinto Fires‚ Trevino & Nelson‚ p. 115) 3. Before the Pinto‚ Ford was immersed in an intense‚ internal struggle between “Bunky” Knudson
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Estella Wright Dennis Gioia “The Ford Pinto Fire” Week Six (7/1/14) Written Assignment SYNOPSIS OF THE ARTICLE In 1968‚ Ford Motor Company made plans for a car that would be inexpensive‚ small‚ and appeal to all car buyers. The planned project was to meet the 2000/2000 rule‚ meaning that the Pinto could weigh no more than 2‚000 pounds‚ and cost no more than $2‚000. This rule was instituted because of the extreme competition from foreign car makers such as Toyota and all of the
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Business Case (The Ford Pinto) There was strong competition for Ford in the American small-car market from Volkswagen and several Japanese companies in the 1960’s. To fight the competition‚ Ford rushed its newest car the Pinto into production in much less time than is usually required to develop a car. The regular time to produce an automobile is 43 months but Ford took 25 months only (Satchi‚ L.‚ 2005). Although Ford had access to a new design which would decrease the possibility of the Ford
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Mr. Gioia’s decisions regarding the Pinto fires highlights the disengagement from emotion often associated with business decisions. From a business stand point‚ decisions have to be based on facts and financial repercussions are the ultimate deciding factor in which action to pursue. If a defect in a certain make or model of car is classified as an extremely rare incident then no action will be taken. This is governed by the premise of statistical probability. Coupled with a detailed cost versus
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Ford Pinto Case John Fraughton Jr. Taylor Gray Brenda Greenwell Christopher Macintyre Leanne Marks University of Phoenix MGT 216 March 17‚ 2010 Table of Contents Introduction 3 Recommended Solutions and Supporting Information to the Ford Pinto Case 3 Traffic Safety and Accident Data 4 Ethical Opinion 5 Influences from External Social Pressures 5 Case Examined with the Period Eye 6 Conclusion 8 References 9 Introduction Very few 20 to 30 year olds know of
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The Ford Pinto Case In the late 1960’s Ford Motor Company wanted to produce a small model car to compete with small Japanese and German imports like Volkswagen‚ Datsun and Toyota (Danley). In 1969 Ford’s Board approved the plan to produce the Pinto. The CEO‚ Lee Iacocca‚ wanted a car that was low weight‚ under 2‚000 pounds‚ and low cost‚ under $2‚000. Lee “Iaccoca imposed the 2000/2000 rule‚ i.e.‚ the Pinto could weigh no more than 2000 pounds and cost no more than $2000” (Danley). The engineers
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THE TASK “An organisation …has a personality‚ which we call its culture. And that culture influences the way employees act and interact with others.” Robbins‚ S.P. et al Management (2012) 6th Edition‚ Pearson Australia Essay Topic: What is “organisational culture”‚ and why is it important for managers to have a thorough understanding of their organization’s culture? Illustrate your answer with reference to examples. Word Limit: 1500 Your essay should include: REFERENCES: It
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THE FORD PINTO CASE: THE VALUATION OF LIFE AS IT APPLIES TO THE NEGLIGENCE-EFFICIENCY ARGUMENT Christopher Leggett Law & Valuation Professor Palmiter Spring‚ 1999 Abstract Text of Paper -------------------------------------------------------------------------------- Abstract The cases involving the explosion of Ford Pinto’s due to a defective fuel system design led to the debate of many issues‚ most centering around the use by Ford of a cost-benefit analysis and the
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Ethics is the code of moral principles and values that governs the behavior of a person or group with respect to what is right and wrong. Ethics sets standards as to what is good or bad in conduct and decision making. Example of Unethical and Illegal Organizational Behavior Toward Customers False or deceptive sales practice Submitting misleading invoices Fabricating product quality data Toward Employees Discriminating against employees Creating a hostile work environment Violating
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Case Study of the Ford Pinto Fires The existing prestigious Ford Motor Company has been in business centuries. Ford is known as a worldwide leader in automotive technology‚ automotive-related products and motor vehicle services. Over the last 20 years the company has been venturing into newer industries such as aerospace‚ communications‚ and financial services. Discussing in detail the Ford Pinto fires Team D agrees that the Ford Motor Company’s main focus in the 70’s was to gain profit and
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