Mark Atia 7/25/2012 Extra Credit Assignment THE PRACTICE OF MANAGEMENT BY PETER DRUCKER The introduction is titled “The Nature of Management” and features three chapters. The first chapter is titled “The Role of Management”. The first two sentences in this chapter might be the best definition of a manager anyone has ever written. Drucker states that “the manager is the dynamic, life-giving element in every business. Without his leadership the “resources of production” remain resources and never
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Ford and Firestone Case Study Safety issues involving Firestone tire tread separations specifically on Ford Explorer SUV’s and resulting vehicle rollovers were brought into the public’s view in early 1998 as a result of several tragic accidents. Tire tread separation photo, Associated Press, 2000 One accident involved a junior high school girl named Jessica LeAnn Taylor from Mexia, Texas. Jessica was a passenger in a Ford Explorer with Firestone tires, during the accident the tire peeled
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“cost-benefit analysis”. We at this time want you to agree with the need for added safety modifications. Let’s not make the same mistake as Ford Motor Company; The Ford Pinto Case. Ford Pinto is a car that was associated with fuel-fed crash fires. In the early 1970’s this compact vehicle showed a likelihood of catching fire when hit from behind at low speeds. (20mph). Ford needed to make a decision. Its car was in compliance with industry standards, so no laws were broken. But Ford’s own research had proved
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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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Ford India Private Limited is a wholly owned subsidiary of the Ford Motor Company in India. Ford India Private Limited’s head quarter is located in Chengalpattu, Chennai, Tamil Nadu. It is currently the 6th largest car maker in India after Maruti Suzuki, Hyundai, Tata, Mahindra and Chevrolet. Ford has been in India since 1901 when it launched the Model A here. Ford India was established but the operations were discontinued in 1954. Ford re-entered the market in 1969 producing tractors in a joint
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Memo To: Senior Management From: Portfolio Management Team Date: September 27, 2011 Re: SBU Proposal Industry Background Ford Motors Corporation was started by Henry Ford. Born in Wayne County, Michigan, in an area that later became Dearborn, on July 30, 1863, Henry Ford was the oldest of six children. In April 1888, Ford married Clara Bryant, a local girl and the foster child of—like Henry—Irish immigrant farmers. In 1893, his only child, Edsel, was born. Success soon came to him as he
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Kiyon Gaines PHIL 391-01 January 22, 2012 Ford’s Fault How can you place a value on a person’s life? This is exactly what the Ford Motor Company did when assessing the cost vs. the benefits concerning their faulty production of the Ford Pinto. It had been found that the fuel bladder was not installed in the correct place so that when this vehicle was struck from behind it caused leakage. This leakage could then result in the car combusting and causing harm and in worse case scenarios death
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approved for use. The manufacturers of these tires can have some legal responsibility, but is there a moral responsible. Two major tire manufacturers have had controversies involving the use of their tires. Firestone had their controversy with the Ford Motor Company, while Michelin had their controversy in the racing world. Each manufacturer had legal battles, but only Michelin realized the fault in the company tires and deemed them unsafe for use. Automobiles have long since been a major part
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The Ford Pinto Case Team B Management 216 May 10, 2011 Ian Finley The Ford Pinto Case The horrific tragedy that took place on August 10, 1978 involving Judy Ann Ulrich, Lynn Marie, and Donna Ulrich was a real eye opener to a lot of consumers regarding the Ford Pinto. A van collided into the back of the young girl’s car causing the Pinto to collapse, the fuel tank to rupture, and the car to engulf into flames. Donna and Lynn Marie were trapped inside and suffered to death as a result of the
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Ford Motor Company entered the business world on June 16, 1903, when Henry Ford and 11 business associates signed the company’s articles of incorporation. With $28,000 in cash, the pioneering industrialists gave birth to what was to become one of the world’s largest corporations. Few companies are as closely identified with the history and development of industry and society throughout the 20th century as Ford Motor Company (Ford Motor Company, 2007). What made Henry Ford the businessperson successful
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