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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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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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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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 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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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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arguCopyright © 1978 by Stephen A. Zeff. *Ed. note: For the opinion of an accounting standard setter‚ see Oscar S. Gellein ’s article in Statements in Quotes‚ p. 75. ments‚ and the Financial Accounting Standards Board and the Securities and Exchange Commission have become extremely sensitive to the issue. ’ The economic consequences argument represents a veritable revolution in accounting thought. Until recently‚ accounting policy making was either assumed to be neutral in its effects or‚ if not neutral
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Special Working Paper Series Globalization and Politics Suzanne Berger MIT IPC Globalization Working Paper 00-005 P1: FMF April 18‚ 2000 15:37 Annual Reviews AR097-03 Annu. Rev. Polit. Sci. 2000. 3:43–62 Copyright c 2000 by Annual Reviews. All rights reserved GLOBALIZATION AND POLITICS Suzanne Berger Department of Political Science‚ Massachusetts Institute of Technology‚ Cambridge‚ Massachusetts 02139; e-mail: szberger@mit.edu ? Key Words internationalization
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Cornelia Nistor‚ Positive and negative effects of globalization / Annals of University of Bucharest‚ Economic and Administrative Series‚ Nr. 1 (2007) 152-163 Positive and negative effects of globalization Assoc. Prof. PhD Cornelia Nistor Faculty of Administration and Business University of Bucharest Abstract Although globalization cannot ensure worldwide stability and economical equilibrium‚ or full environmental protection‚ its positive effects mainly regarding the trading development and the
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