1. What moral issues does the Pinto case raise? That businesses should not be putting a value on human life and disregard a known deadly danger. 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. 2. Suppose Ford officials were asked to justify their decision. What moral principles do
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Case: The Ford Pinto 1.) In my judgment, I feel that the management of Ford Company should be held morally responsible for Mrs. Gray’s death and Richard Grimshaw’s injuries. This is because Ford Company put the Pinto on the market to be sold. In that case, the managers were aware of the risk factors if indeed these cars did sale. Certainly, I do feel the Ford Company as a whole, should be held legally liable for the death of Mrs. Gray and the injuries of Richard Grimshaw. I strongly believe
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Financial Analysis of The Ford Motor Company Samar Shaba February 17, 2014 INTRODUCTION: In this report a detailed financial analysis of the Ford Motor company is presented. The information in the form of financial statements namely balance sheet, income statement and cash flow statement, is used to compute various financial ratios. From the provided data liquidity, leverage, turnover and market value ratios are calculated for both Ford and its competitor General Motors. The report proceeds
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– Corporate Responsibility & Society November 24, 2013 Week #5 Short Written Assignment Pinto Fires and Personal Ethics: A Script Analysis of Missed Opportunities by Dennis A. Gioia, is a sad article which focuses on the moral muteness of the author during his experience at the Ford Motor Company. However, before providing an analysis, several definitions are required: * Generalization Test – There must be a reason for an action and it should be consistent and based on one’s
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Executive Summary: Ford Motor Company was incorporated in 1903 in Michigan,USA by Henry Ford and 11 partners with a starting capital of 28000 US $ in cash. The company witnessed tremendous growth and became one of the top three car manufacturers in North America. Sales reached 150 billion $ in 1996 with a total of 370,000 work force worldwide. The company stayed innovative and progressive in its strategy and business model. In the 1970's, the car market became more competitive with the Japanese
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The Ford Motor Company. 4 Ford Marketing Stratgies and Tatics. 4 Ford @ Social Media. 5 CRM at Ford Motor Company. 6 Assesment on Ford’s CRM and eCRM Strategies 9 Recommendations 11 Bibliography 12 www.ford.com The Ford Motor Company. Ford Motor Company is well established multinational automaker with a legacy of over more than 100 years. The company sells automobiles and commercial vehicles under the Ford brand and luxury cars under the brand Lincoln. Ford is also
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Ford Pinto: Setting the precedent for corporate crime Caleb Bede Accounting 573: Accounting Fraud, Criminology, & Ethics Joan Moore
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subject. Students are required to write a 2,000 word essay based on the case study. Case study Ford Motor Company is one of the greatest automobile manufacturers of all time. They started under Henry Ford in Detroit, Michigan. Ford had a skill for craftsmanship when he built an experimental car in 1896. It was a twin cylinder engine with potential of 20 mph. In 1899 he left his job in order to organize the Detroit Automobile Company. Ford's first production was in 1903, the Model A, with an under the
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Case Analysis: Ford Motor Company General environment analysis: The number of global population is increasing every year. Many developing countries have rapidly increasing rate in both population and economy. BRIC, represent developing countries, have huge population and become emerging market. Globalization impel the communication and transition of both culture and economy aspects. It is the landscape of international business. The effects of globalization deepen and intensify the correlation
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What moral issues does the Pinto case raise? The moral issues about the Ford Pinto is that they take their profit is more important than human life. They also did not inform the consumer about the facts of the Pinto. Lastly, they also lobbied the safety of the car to lowest standard.The Pinto case brought up issue of abusing human rights and behaved unethically in business. Ford had the design to reduce the possibility of Ford Pinto from exploding. However, the company refused to implement it, although
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