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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in India. TATA has created its brand value not only in India but even outside India it has created its brand by acquiring Jaguar-Land Rover‚ Corus Steel during 2007-08. TATA has been named among top 10 brand companies by Fortune Magazine in the year 2008. It has got into top 100 companies in the survey of Standard & Poor Mody’s research in the year 2008. Being into most valued brand in world the consumer satisfaction to its customers is very important for TATAS and thus they are continuously
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Ford & General Motors in Russia In July 2002‚ Ford Motor Company officially opened its first Russian car factory near St. Petersburg. The factory‚ which cost some S150 million to build‚ is 100% owned by Ford and represents the first wholly owned investment by a foreign carmaker in Russia. The factory is tiny by international standards; it will employ 800 people and initially will produce 10‚000 Ford Focus cars a year. By comparison‚ a typical auto plant in the developed world produces 200‚000
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Ford vs Chevrolet Ford and Chevrolet (Chevy) are in the automotive industry and have been in completion for many years start back in 1908‚ both companies started in the state of Michigan and have been battling it out for profits‚ market share and hometown bragging rights. Ford was founded in the suburb of Dearborn‚ Michigan and Chevy was founded in Flint‚ Michigan. Ford and Chevy both are good-producing sectors‚ they both manufacture automobiles that are similar but different. They each have
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Tata Motors Limited: Ratan’s Next Step Executive Summary Ratan Tata‚ chairman of Tata Motors Limited (Tata Motors)‚ came out with the good reputation "the world’s cheapest car" into New Delhi Auto Expo. Introduction of Tata’s background Situational Analysis Strengths Manufacturer of the world’s cheapest car 81% of domestic sales in India Diverse and complete range of resources (98 companies in 80 countries) Own steel factory resource Ratan’s well-known understanding of business (auto design
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Tesla Motors Elon Musk successfully established Tesla Motors as one of the leaders in the electric vehicle industry since his induction as CEO in 2008. Tesla Motors designs‚ manufactures‚ and sells electric cars and powertrain components. The company also provides services for the development of powertrain systems and components‚ and sells electric powertrain components to other automotive manufacturers. It markets and sells its vehicles through Tesla stores as well as over the internet (Mora
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AUDIT MEMORANDUM To: First Motors Corporation From: Nam Do CC: Dr. Jeff Archambault Date: 11/10/2011 Re: The Accounting Policies and Procedures Purpose: The purpose of the audit memo is to clarify the accounting policies and procedures used by clients and the accounting policies and procedures that should be followed. The audit memorandum also provides a clear explanation of a difference between the risk premium in discounting the free cash flow from Plant 3 and the risk premium in discounting
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Introduction: The Ford Explorer is one of the most popular sport-utility vehicles sold in North America and built by Ford Motor Company. Since the early 1990’s the “Explorer” has been the head of the mid-sized SUV fleet in North America by Ford. It was born as a replacement for the Ford Bronco II‚ which ended production when restyling in 1989‚ did not have the desired market capturing success. In addition‚ safety reports of 1989-1990 suggested the Bronco II was prone to rollovers‚ poor handling
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TERM PAPER OF ORGANIZATIONAL CHANGE AND DEVELOPMENT ON “CHANGE MANAGEMENT AT TATA MOTORS” SUBMITTED TO: Ms. ANUMEHA SUBMITTED BY: ANCHAL DHAWAN MBA-LIT (IV-D) RT1804B33 Reg. no.: 10810204 ACKNOWLEDGEMENT The satisfaction and euphoria that accompany the successful completion of any task would be incompletes without the mention of people who made it possible‚ those consistent guidance and encouragement crowned my efforts with success. In the completion of my master degree first of
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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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