Ethical dimensions of cost/benefit" analysis. Evaluate from a moral perspective the "cost/benefit" analysis conducted by Ford. One may ask what do we need ethics in business for? To answer this question‚ we need to know what ethics is‚ as well as‚ what impact it has on businesses‚ people and relations. Ethics is often defined as a set of rules‚ principles governing a group or a person; determining his/her behavior. It imposes a social responsibility on people. Even though‚ in the past ethics was
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Responsible Commerce (COMM 101) Case 2.3 (The Ford Pinto) Week 4 1. What moral issues does the Pinto case raise? Moral issues that Ford Pinto case raises included producing dangerous products which are not safe to use it without informing the dangerous of the products to the public. In addition‚ lobbying the NHTSA to delay the safety measure of the products is also one of the moral issues that Ford Pinto case raises. (53 words) 2. Suppose Ford officials were asked to justify
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Utilitarian Analysis The Case of the Ford Pinto The Ford Pinto first rolled off the Ford Motor Co. production lines in 1971 and stayed in production in its original state until 1978. The vehicle engineers were tasked to develop the vehicle and put it into production within 25 months‚ which was nearly half the time in which the average new vehicle is put into production. The Ford engineers were aware that rear-end impact safety tests were pretty standard at the time‚ but they were not required
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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: 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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CASE STUDY THE FORD PINTO Q1.What moral issues does the pinto case raise? The moral issues raised in Pinto case are that business should not put a value on human life and avoid known dangers. As ford thought they could get away with a dangerous automobile by paying off those lawsuits from people who were injured and the families of the dead. Ford thought it was more cost effective not to fix the dangerous condition than to spend the money to save people. Q2. Suppose ford officials
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Ford Pinto Ethics Case Analysis Dickey L. Sours Jr. Business Ethics Course The Ford Pinto designs had the placement of the fuel tank behind the rear axle. The fuel tank position has allowed the projecting bolts to puncture the tank when the vehicle was struck from the rear. The Ford Motor Company had decided not to change the fuel tanks design location in order to reduce the production costs. Ford Motor Company determined there would be a savings of approximately $20.9 million dollars. Between
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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 Pinto
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Varun Patel Philosophy 131 Michael F. Martin 03/08/2010 The Ford Pinto Case and Utilitarianism In this essay‚ I will talk about the ford Pinto case‚ and how the information was withheld from public in order to save company from huge losses and at the same time keep company’s reputation intact. I don’t think the decision of the ford company to with hold the information about the safety-issue of the car for which they were already aware of; was the right thing to do. I agree‚ as a utilitarian
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FORD PINTO CASE The Ford management has chosen to be unethical and morally unworthy to be trusted with the lives of its customers. Can you just imagine the number of individuals riding every day in the cars that they produced‚ who are unaware that they could be in an injury any moment? Ford management has chosen not to follow the safety guidelines and standards in producing such products because at that time‚ the government is still not that strict in implementing such rules. And because of their
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