After watching this video where Danny Gioia talks about his time at Ford and listening to these students pick his brain about his experience with the Pinto Fires scenario. Overall‚ after reading the case and Gioia’s personal memoir about his experience and how he grew‚ I felt strongly connected to his case. After writing my ethical dilemma paper‚ I found myself falling into scripting my unethical behavior and also not fully being aware of their ethical situation. I knew that something felt weird
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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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1081209020 Li Hongke 1081209050 Lu Linlin 1081209031 Lu Yao 1081209043 March 2009 Abstract Excessive cash and undervalued stock price forced Ford to conceive an unprecedented cash payout system - Value Enhancement Plan in 2000. For a dual-stock-structure company‚ this recapitalization did favor much Ford family which held the dominant voting power by giving it larger flexibility‚ enhanced control with less capital as well as tax benefit and confidence improvement. While
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THE FORD CASE Executive Summary After carefully analyzing Ford’s existing supply chain I immediately became aware of its highly complex nature. This high level of complexity combined with other internal and external factors have pushed Ford to search for solutions in order to overcome the costly supply chain challenges that they are facing and may continue to face in the future. Ford’s major difficulty in their present system is: the inefficient control of
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The Ford Pinto Fires Case The Pinto fires case is about a series of accidents involving the Ford Pinto’s fuel tank bursting into flames if struck from the rear. A 1978 suit against Ford Motor Co. for the murder of 3 teenagers brought the incidents to the public attention as it was the first time a major corporation was charged in a criminal case beyond negligence (Trevino‚ 2011). Background The Ford Pinto was rushed to production by Lee Iacocca to directly compete in the small car market with countries
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Introduction Ford Motor Company is the second largest industrial corporation in the world‚ employing 370‚000 people in 200 countries across the world with revenue over $144 billion. The auto industry has become very competitive on a global level‚ forcing automobile companies to cut costs and stay competitive. In trying to remain competitive‚ Ford introduced a plan called Ford 2000. This was done to cut costs‚ streamline the organization and processes globally‚ and increase economies of scale
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FORD MOTOR COMPANY: SUPLY CHAIN STRATEGY I. VIEWPOINT Teri Takai‚ Director of Supply Chain Systems at Ford Motor Company II. TIME CONTEXT Late 1990s III. STATEMENT OF THE PROBLEM How should the company use emerging information technologies (i.e. Internet technologies) and ideas from new high-tech industries to change the way it interacted with suppliers? IV. OBJECTIVE To be able to make the supply chain run smoothly by eliminating bottlenecking
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Principles of Management Henry Ford – A Great Innovator Submitted by: Souvik Chowdhury(05) Sachin Hegde (18) Kaustubh Patankar (34) Shishir Sahu (42) Shailendra Rumade (43) Rachana Vichare (54) Henry Ford In Early Days: Ford was born on July 30‚ 1863. He was the first child of the six children born to a farmer family in Dearborn‚ Michigan. A born tinkerer of mechanical equipments‚ Ford set off at the young age of sixteen to the nearby town of Detroit to work three years as a machinist’s apprentice
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Case Analysis: Pinto Fires Introduction Greed is the root to evil or at least the motivation behind some corporations making a good‚ ethical decision. The Ford Motor Company fell into a trap of greed that would cost many human lives. Before the disaster of the Pinto Fires‚ Ford had a reputation as being the safety pioneer in the automobile industry with additions such as the seat belts. However‚ as the invention of small cars began to take emerge Ford began to loose market shares to the foreign
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Ford Pinto Fires Case Questions 1. Identify relevant facts (Treviño‚ Nelson‚ and K.A. (2007) a. 1968 Ford made the decision to battle foreign competition and produce a small car to be in the showroom by 1971 b. Shortest production planning period in automotive history c. Under normal conditions chassis design‚ styling‚ product planning‚ advance engineering‚ component testing‚ and so on were all either completed or nearly completed prior to tooling of the production factories
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