...Case Study Discussion and Executive Summary June 27, 2011 MGT/216 Case Study Discussion and Executive Summary This paper explores “The Ford Pinto Case” managing of business ethics. Numerous factors suggest within this research that Ford Motor Company was negligent and violated its code of ethics. To understand how relationships are affected a closer look at Ford Motor Company missions and values will align Team B’s personal values with Ford Motor Company. In this paper the study to examine are the role of people, products, and profits in the decisions made regarding the Ford Pinto. Key factors surrounding the Ford Pinto Case The death of Lynn Marie Ulrich, Dana Ulrich and Lynn’s sister, and Judy Ann along with many others was what brought the controversy of the Ford Pinto’s faulty gas tank placement to a climax. After so many unnecessary deaths the release of the Ford Pinto was the responsibility of Ford’s CEO Henry Ford II and Ford’s new president Lee Iacocca. Iacocca reduced the average production of a car from three and a half years to a little over two years. Iacocca was aware that during crash testing the Pinto’s gas tank exploded upon collision but was desperate to expedite the vehicle’s release on his deadline. After the discovery of the Pinto’s faulty gas tank, Ford’s president decided it would be costly to make changes in the Pinto’s gas tank location and its size. The Ford Pinto cost $2000 and making changes would increase its price thus possibly...
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...|[pic] |Syllabus | | |School of Business | | |MGT/216 Version 5 | | |Organizational Ethics and Social Responsibility | Copyright © 2010, 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course provides a foundational perspective for socially responsible management practices in business. Special emphasis is placed on the inter-related nature of ethics, moral, legal, and social issues in managing individuals, groups, and the organization within a business environment. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in...
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...| Course Syllabus School of Business MGT/216 Organizational Ethics and Social Responsibility | Copyright © 2010, 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course provides a foundational perspective for socially responsible management practices in business. Special emphasis is placed on the inter-related nature of ethics, moral, legal, and social issues in managing individuals, groups, and the organization within a business environment. Policies Students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials DeGeorge, R. T. (2010). Business ethics (7th ed.). Upper Saddle River, NJ: Prentice Hall. Trevino, L. K., & Nelson, K. A. (2007). Managing business ethics: Straight talk about how to do it right (4th ed). Hoboken, NJ: John Wiley & Sons. All electronic materials are available on the student website. Week One: Fundamentals of Business Ethics | | Details | Due | Points | Objectives | 1.1 Differentiate between...
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...Ford Pinto Case Study MGT/216 November 11, 2010 Executive Summary In the1960's, the American small-car industry had strong competition for Ford, Volkswagen and several Japanese companies. In order to battle their challengers, Ford expedited its most contemporary automobile, the Pinto, into manufacturing. Fabrication was completed in a smaller extent of time than is generally mandatory to generate an automobile. The expected time to produce a vehicle is forty-three months however Ford took no more than twenty- five months (Trevino & Nelson, 2007). While Ford had the opportunity to produce a new model that would decline the risk of the Ford Pinto from blowing up, the corporation selected not to execute the plan. This design expense would have a rate of $11 for each vehicle. A study demonstrated the innovative plan would have resulted in a reduced amount of 180 casualties. The corporation argued that they had utilized the traditional risk-benefit tests to decide if the financial expense of adjusting the modifications were larger than society’s shared benefit (Safety X Change, 2009). Ford relied on the figures; the cost would have been $137 million vs. the $49.5 million; a printed fee placed on the vehicle for damages, casualties and injuries. Three adolescent girls passed away in a 1973 Ford Pinto on August 10, 1978, after being impacted from the back by a driver in a small truck (University of Phoenix, 2007). The Ford Pinto was totally immersed in fire and the undesirable...
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...Utilitarianism and Business Ethics INTRODUCTION Welcome to philosophicalinvestigations - a site dedicted to ethical thinking (rather than one page summaries!!! Though I'm afraid I do add those at exam time - market pressures!). I hope you enjoy this case study which also has a powerpoint that goes with it. There's plenty of other useful material on this site - case studies, handouts, powerpoints and summaries, and also I have written a number of books including best-selling revision guides and a useful book on 'How to Write Philosophy Essays". Click here for details. If you're worried about exams you might at least print out my strengths and weaknesses summaries under each moral theory. I deliberately quote only from my five favourite ethics books, click here to find out which they are - because you might like to buy one of them to supplement your study. Of course, it's important to quote the philosophers themselves in their own words - see my handouts, or for what academics say about them - see the key quotes section under the topic area of each moral theory. And if you'd like to blog on anything in the news send it to me - I'd be delighted to read it and - if it fulfils the criterion of good ethical thinking (!), post it!!!!! Utilitarianism is a normative, consequentialist, empirical philosophy which links the idea of a good action to one which promotes maximum pleasure or happiness, found by adding up costs and benefits (or pains and pleasures). It has two classic formulations...
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...MGT 3915: Project Management Term Project Report Semester 2/2015 UNIVERSITY FOOTBALL CHAMPIONSHIP Assumption University By SECTION (401) CHUCHU DONG 5518373 HASMIM FAHAD JALAL JISHAN 5628006 Submitted to A. Victoria Vlada Trebesh Martin de Tours School of Management and Economics Assumption University TABLE OF CONTENTS Page EXECUTIVE SUMMARY INTRODUCTION Work breakdown structure Activity-on-node (AON) project scope checklist responsibility matrix conclusion reference APPENDICES 1. Tournament agenda 2. Gantt chart 3. Network diagram 4. Tournament venue LIST OF FIGURES FIGURES Page 1 Project Priority Matrix 2 Work Breakdown Structure EXECUTIVE SUMMARY This report analyses and states how the University Football Championship, which will be held at Assumption University football fields, Assumption University Suvarnabhumi Campus from the 27th - 29th of April 2016, is going to be conducted. The main purpose of the report is to fulfill the requirement of the course MGT3915: Project Management. The project report includes the detail information of the tournament, project work breakdown structure (WBS), Gantt chart and Network diagram to show the flow of work and amount of time to complete organizing the tournament, project scope checklist, and...
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...TAP Portugal Luis Costa MBAA 518 Financial Management Embry Riddle Aeronautical University Table of Contents Abstract 3 Introduction 4 Firm Information 4 Leadership 6 Human Resource Management 7 Organizational Structure 9 E-Commerce 11 Culture & Ethics 12 Global Strategies 13 Politics 16 Conclusion 16 References 18 Abstract TAP Portugal, the Portuguese main airline carrier, first took to the skies in 1945 and changed management in 2000 with the current CEO, Fernando Pinto. It has since become an icon for the Portuguese people as a modern and quality carrier. Operating regular flights to 35 countries, TAP expands its network system through Star Alliance by means of a growing number of code-shared operations. It meets today’s challenges and competition by continuously investing in innovation and modernization effective through its human element and technical resources. Ethically conscience, the organization moves forward providing a variety of product and equipment improvements and embraces the environment with its green initiative program. It offers a collection of features suited for any customer need, driven by its customer driven policy, providing an experience one is sure to remember. Despite an impending privatization sale, TAP strives to move forward and continues to rise as a strong international competitor within the fierce aviation industry. TAP Portugal...
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...Project Management PM3110 Victor Nyankah 10/24/14 Tacoma Narrow Bridge Executive Summary The Tacoma Narrows Bridge was built in 1940 at the cost of $6.4 million funded mostly by the federal government’s Public Works Administration. The purpose of the brigde was to connect Seattle and Tacoma with the Puget Sound Navy at Bremerton, Washington. It was said to be the third largest of its kind. Though it was a long bridge, it was very narrow because it only had one way traffic from each direction. It had a center span of 2800 feet and a 1000 foot approaches on each side. The bridge took nineteen months to be constructed and fell apart barely four months after its inauguration. It is however important to note that even before the inauguration, the bridge had started showing signs of incompetence and exhibiting strange characteristics which shouldn’t have gone unnoticed. The bridge started galloping and swaying and hence got the nick name, the “Galloping Gertile”. In order to under the dynamics of suspension bridges, we need to understand the physics of bridges as propagated by Newton also known as Newton’s Laws. All bridges are subject to Newton's three laws of motion. Newton's First Law states that an object at rest will stay at rest unless acted upon by an Unequal force. For a bridge, this means that unless all of the forces on a bridge remain balanced, one or more components of the bridge will move. Left uncorrected, this instability can lead to a partial or...
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...[Learning And Management Development]- HRM4060 Management Development Program – Wal-Mart [Eruemulor E. Stanley]- M00517817 [School Of Business Studies] [5th may 2014] Executive Summary This report entails the problems pertaining to the Wal-Mart, which was faced by the organisation due to their diverse workforce, vast geographical difference, and management of resources. This report contains both primary and secondary data analyses, where secondary data was collected through libraries, books, scholarly articles, peer journals and articles. Whereas, the primary data was collected from 20 employees of the Wal-Mart, where series of open ended questions were asked from them. The survey aimed to identify the current problem faced by the Wal-Mart and how those problems are affecting the employees of the Wal-Mart. In the report, different management development activities that have been employed within the Wal-Mart, where to overcome the problem, future strategies are also suggested, along with the benefits that will be laid on the organization. These development programs include, diversity management, manager - employee relationship, employee involvement and feedback, bridging gap between today and tomorrow, focus on individuality and matching skills with goals. The estimated cost for the program will be £100,000, which will be spent over a year’s time. Therefore, this report is based on the human resource, organisational resources, and management of all these resources efficiently...
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...A Conceptual Model of Corporate Moral Development Author(s): R. Eric Reidenbach and Donald P. Robin Source: Journal of Business Ethics, Vol. 10, No. 4 (Apr., 1991), pp. 273-284 Published by: Springer Stable URL: http://www.jstor.org/stable/25058230 . Accessed: 16/09/2013 07:44 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. . Springer is collaborating with JSTOR to digitize, preserve and extend access to Journal of Business Ethics. http://www.jstor.org This content downloaded from 202.125.103.33 on Mon, 16 Sep 2013 07:44:13 AM All use subject to JSTOR Terms and Conditions Conceptual Model Moral Development A of Corporate Donald R EricReidenbach P. Robin ABSTRACT: The conceptual model presented in this article argues that corporations exhibit specific behaviors that signal development. Accordingly, the authors identify five levels of moral development and discuss the that move corporations dynamics of corporate behavior another. Examples tive of of moral stages specific development from which...
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...Case 10- Chipotle Mexican Grill in 2012: Can it Hit a Second Home Run? Small Quiz-Strategic Management Felix Hedyanto Rulie-1342980281 Summary: Chipotle Mexican Grill was established in Denver in 1993,by Steve Ells. Guided by conviction that food served fast did not to be low quality and that delicious food did not have to be expensive. Menu & Food Preparation-The menu at Chipotle Mexican Grill was unusually limited: burritos, burrito bowl, tacos, and salads, plus soft drinks, fruit drinks, and milk. Serving Orders Quickly-As Customer moved along the serving line, Customer selected exactly what they wanted and how they wanted it by speaking directly to the employees that prepared the food and were assembling the order behind the counter. The Commitment to” Food With Integrity”-Use organically grown local produce, organic beans, organic dairy products, and meats from the animal that were raised in accordance with animal welfare standards and were never given feeds containing antibiotics and growth hormones to speed weight gain. Supply Chain Management Practices-the company developed long term relationship with a number of reputable food industry suppliers that could provide high quality, fresh ingredients, and other products that meet Chipotle expectations. Chipotle utilized the services of 22 independently owned and operated regional distribution centers to purchase and deliver ingredients and other supplies to Chipotle restaurants. Chipotle personnel diligently monitored...
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...Thursday, November 13, 2014 [Ethics of the Automobile Industry: Ford Motor Company] | By Amir Rafih, Jordan Mather, Jennifer Sprague, Eric Parr, Gloria Ledi, and Meshal Mustafa | | (04-71-300 ) Business Ethics in a Global Context by Dr. Kent Walker Table of Contents Executive Summary 3 Introduction 4 Global History & Development of Automotive Industry 4 Value Chain of the Automotive Industry 6 PEST Analysis 7 Political Factors 7 Economic Factors 9 Social Factors 9 Technological Factors 10 Stakeholder Interests 11 Shareholders 11 Domestic Part Suppliers 12 CAW/UAW (Employees) 12 Customers 12 Environmental Groups 13 Stakeholder Position Analysis 13 CEO 13 Customers 13 Competitors 14 Analysis of History of Recalls and Assessment of Ethics 14 History of Recalls 14 Potential for Improvement 16 Economic, Social and Environmental Impacts of the Global Automobile Industry 17 Utilitarianism 17 Feminist Ethics 18 Postmodern ethics 20 Kant’s categorical Imperative 21 Corporate Social Responsibility, Corporate Social Responsiveness and Corporate Social Performance 22 Conclusion 27 References 27 Appendices 29 Executive Summary Before only the wealthy could afford cars but this changed with the Ford Model T. This car was specifically targeted at average family household by making it affordable to own. By 1918, Model T was owned by half of American car consumers (LoveToKnow, 2014). Standards must be set for companies...
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... 1. Executive Summary 4 1.1 Mission & Vision Statement 4 1.2 Company Summary 4 1.3 Management Team South East Auto 5 1.4 Success Stories 5 1.5 My Journey in the Motor Industry 6 1.6 Aftersales at South East Auto 7 1.7 Objective of the Assignment to Improve Parts & Service Profitability 7 1.9 Parts SWOT Analysis 9 2 Parts Department Balance Score Card July 2015 10 3 Sourcing business-to-business Prospects 11 3.1 Telephonic contact 11 3.2 Personal visits 11 3.3 Internet Leads and join automotive groups 11 3.4 Brochures/Flyers 11 3.5 Word of mouth referral’s 11 4 Customer Record Cards 12 5 Business Proposals and Referral Strategy 17 6 Conclusion 18 7 Appendix A Business-to-Business 19 8 Appendix B Request for a Quotation, Formal Quote and Covering letter 19 9 Appendix C Business Proposals 19 10 Appendix D Customer Trade visit Log Book 19 11 References: 19 1. Executive Summary...
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...and Satisfaction Week 7 Course Project Final Draft PROJ 587 Advanced Program Management Contents 1.0 Executive Summary 4 2.0 Organization’s Strategic Plan 5 3.0 Organization’s Strategic Capacity Plan 6 3.1 Defend the Core 6 3.2 Expansion of Sales and Products 6 3.3 Balance the Portfolio 6 4.0 Portfolio Management Process 7 4.1 Portfolio Strategic Plan 7 4.2 Portfolio Charter 7 4.3 Portfolio Management Plan 7 4.4 Portfolio Roadmap 8 4.5 Portfolio 9 5.0 Project Selection Criteria 9 5.1 Project Definition 9 5.1.1 Project Categorization 9 5.1.2 Project Prioritization 9 5.1.3 Weighted Scoring Method 10 5.2 Project Acceptance 11 5.2.1 Business Criteria 11 5.2.2 Logistical Criteria 11 6.0 Program Management Plan 11 6.1 Setup of Program Management Office (PMO) 11 6.1.1 Responsibilities: 11 6.2 Phase Gate Review Team 12 7.0 Plan to Identify/Resolve Triple Constraints Conflicts 12 8.0 Change Management Plan 14 8.1 Controlling Scope Change 14 8.2 Change Control Process 15 9.0 Resource Utilization Plan 16 9.1 Network Diagram 16 9.1.1 Utilization 16 9.1.2 Background Activities 16 9.1.3 Single-Tasking and Mulit-Tasking 16 9.1.4 Cross-Training 17 9.1.5 Identify Time-Critical Activities 17 9.1.6 Schedule Based on Deliverables 17 9.2 Requirements Plan 17 10.0 Works Cited 19 1.0 Executive Summary The primary purpose and goal of this report is to explain in detail the Portfolio Management Plan for Tektronix. This document...
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...MANAGING FOR STAKEHOLDERS: TRADE-OFFS OR VALUE CREATION1 One of the central uses of stakeholder theory, in its original form, was as a counterpoint to the idea that corporations should be managed in the interests of shareholders. As the theory developed the debate was often framed in terms of “shareholders vs. stakeholders.” While developing “theories of the firm” is an interesting and useful project, focusing solely on “theory of the firm” obscures a more important contribution of stakeholder theory. The purpose of this brief essay is to set forth what I consider to be the central insight of stakeholder theory: the jointness of stakeholder interests. The Basic Idea The basic idea of “managing for stakeholders,” as I now see it, is quite simple, and I believe it is closer to the origins of the idea from Eric Rhenman and the Tavistock thinkers. In fact, Juha Nasi was correct in his assessment of the Scandinavian origins of the stakeholder idea that focus on what holds stakeholder interests together. Nasi originally suggested that we focus on “intressent” in Swedish. “In Finnish this term was modified as “intressentti” or “sidosryhma” which could be translated as an “interest group” or even as a “linkage” or “bonding” or “binding” group.” (Nasi, 1995 at 98) It is this bonding or binding idea that is most interesting to explore. Managing for stakeholders asks us to see stakeholders as “bound together by the jointness of their interests.” So, the basic idea goes like this. Business...
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