Ethics Keith A. Bates Sr. MGT/498 4 April 2012 Richard Rignall Ethics Ethics and Social Responsibility in Developing a Strategic Plan Ethics are values that guide personal thoughts and actions in knowing right from wrong. Personal conduct and behavior is based on how the individual views unethical behavior. Social responsibility is the company, management, and employees working and conducting themselves by following rules of society. Companies that include ethics and social responsibility into
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In 1962 Lee Iacocca, Ford’s General Manager at the time, told the Ford design team to come up with a new, modern roadster that would be able to compete with the Chevy Corvette Sting Ray. The Sting Ray was the car to beat in the 1960’s. Ford had previously tried to compete in this market since the 1950’s with the Ford Thunderbird, which was Ford’s most recent two-seater car, but it did not do as well as well as it was expected to do. Iacocca began the task of studying the buyers’ market. His research
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people, products, and profits played in the decisions made regarding the Ford Pinto was very unethical, immoral, and bias when you look at how the decisions were made when it came to the three roles listed above. From the beginning the CEO Mr. Henry Ford should have cared about the safety of the people instead of the product or the profit. I feel that the entire decisions made concerning the out come and the condition of the Ford Pinto was based on what Mr. Henry thought was right and nobody else which
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Gurniak v. Nordquist, 2001 BCCA 515 (CanLII) was heard Vancouver, BC, in the Court of Appeal for British Columbia, in 2001. It was an appealed case that involved indemnity. Indemnity is the obligation on the insurer to make good the loss. This case was under the Family Compensation Act, R.S.B.C. 1979, c. 120, from a motor vehicle accident involving a pedestrian. Nordquis was the driver of the vehicle which was owned by the defendant, Domo Gasoline Corporation Ltd., which hit and killed Robert Bruce
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Ethics Keith A. Bates Sr. MGT/498 4 April 2012 Richard Rignall Ethics Ethics and Social Responsibility in Developing a Strategic Plan Ethics are values that guide personal thoughts and actions in knowing right from wrong. Personal conduct and behavior is based on how the individual views unethical behavior. Social responsibility is the company, management, and employees working and conducting themselves by following rules of society. Companies that include ethics and social responsibility into
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El caso del ford pinto A finales de los años 1960’s los autos americanos perdieron su mercado por la venta de autos japoneses ya que estos eran mas económicos. En 1971 Lee Iacocca un CEO de Ford Motor quiso construir un auto para poder competir. Le ordeno a la compañía la construcción de un auto que no pesara más de 2,000 lbs. Y que su costo no pasara de $2,000.00. De esta idea nació el Ford Pinto. Por la prisa de querer terminarlo pronto, la producción del auto se logro en 25 meses cuando lo
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The In Dr. Michael Sandel’s video, “The Greatest Good for the Greatest Number”, the issue of utilitarianism in regards to policy making is discussed. In particular, the philosophies of Jeremy Bentham and John Stuart Mill are called into question and applied to modern day scenarios that illustrate how difficult it can be to create a policy based on utilitarianism alone. Several issues arise throughout the course of the discussion that create doubt as to its effectiveness as well as convincing evidence
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En 1968 la Ford Motor Company decidió introducir un nuevo coche compacto para competir con los vehículos extranjeros importados en la categoría de subcompactos. El Vice-Presidente de Ford en el momento el Sr. Lee Lacocca consideró que con el fin de captar una mayor cuota del mercado, Ford debe seguir siendo competitivos y tomando una decisión sobre poner el dinero antes de las vidas humanas. La Ford Motor claramente ejerció la ética pobremente, con los estudios que realizó Ford en aquel entonces
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As Pinto’s management had the opportunity to create a new design which would decrease the possibility of the Ford Pinto from exploding, the company’s decision not to move forward with its implementation could be considered appropriate. Ford justified this avoidance based on the accepted risk/benefit analysis to determine if the costs of making the change accommodated the social benefit. This risk/benefit analysis was created measuring the development of product liability, adopted by Judge Learned
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ethical dimension in the current global environment. Study and apply major normative ethical theories to business situations. Understand the relevance of stakeholders to business decisions. Improve ethical and moral decision-making processes. Analyze case studies that present ethical business dilemmas. Understand moral, amoral, and immoral decisions in business situations. Encourage ethical behavior and professionalism in all activities. Prerequisites There are no prerequisites for this course.
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