It is an ethical dilemma that will continue to be discussed for generations to come. To fully understand the case, however, one must determine all of the facts surrounding the case, including:
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.
It imposes a social responsibility on people. Even though, in the past ethics was referred to humans mostly, today we hear more about ethical principles of business organizations, organizational integrity and corporate responsibility. Business ethics is "examining ethical rules and principles within a commercial context [?
It is not enough for them to create a product and make profit. It is more than that.
Reputation is something that counts nowadays. In fact being honest pays. Without a doubt, seeking for the solutions that reconcile the moral and ethical issues with company's strategic benefits is a goal of today's CEO. This results in creating mission statements describing the company's reason to exist.
Why company was first created, also, the values company represents; and to motivate those connected to the company. For that purpose the Ford Motor Company placed its mission statement on the company's website: Ford Motor Company is a worldwide leader in automotive and financial products and services.
Our mission is to improve continually our products and services to meet our customers' needs, allowing us to prosper as business and to provide a reaCost Benefits Analysis Versus Ethics Case Study . Ford Pinto Ethics When it comes to ethics, safety and car companies, more recent events like the protracted Toyota or General Motors recall issues or the Ford/Firestone fiasco probably come.
Bus Group N Summary Cost Benefit Analysis Ethical Issues Change Alternatives Recommendation The Ford Pinto – a small car to compete with foreign car company competitors Pinto – weighed lbs and cost $ Rushed project led by Lee Iacocca Planning took 25 months compared to the industry norm 43 months Testing found several safety defects @ 25mph+ the gas tank would rupture in an.
The Ford Pinto case is mentioned in most Business Ethics texts as an example of Cost-Benefit analysis, yet in those formats any appreciation of the complexity surrounding the issues of such decisions is overly simplified.
Case Study. Resources: Business Ethics and Taking Sides Read: The Ford Pinto Case in Ch. 12 of Business Ethics and Issue Was Ford to Blame in the Pinto Case?
4 of Taking Sides. Write: A 1, to 1,word paper in which you address the following: o If you were involved in the dilemma discussed in the case study, what solution would you recommend?
Ford Pinto Case Study University of Phoenix MGT December 21, David Beckam Dropbox 4 Business Ethics A Utilitarian Argument in the Ford Pinto Case In Ford Motor Company decided they wanted to create a compact car that could compete with the other Japanese manufactured cars.
It rushed from its inception to its actual production. The Ford Pinto Case: A Study in Applied Ethics, Business, and Technology [John Fielder (Editor), John H. Fielder (Editor) Douglas Birsch] on grupobittia.com *FREE* shipping on qualifying grupobittia.com: John Fielder (Editor), John H.
Fielder (Editor) Douglas Birsch.