Essay on Business Ethics Case Study: Ford Pinto - 1043 Words.
Excerpt from Essay: Ethics The Ford Pinto case offers an ideal opportunity to apply utilitarian ethics to a real world situation. First, it is important to list the actors and stakeholders in this case. Lee Iacocca was the leader of the Ford Motor Company.
The Ford Pinto case is today considered a classic example of corporate wrong-doing and is a mainstay of courses in engineering ethics, business ethics, philosophy, and the sociology of white-collar crime. The conventional account of the case goes something like this.
The Ethical Dilemma in the Ford Pinto Case Essay 1610 Words Sep 28, 2009 7 Pages The Ethical Dilemma in the Ford Pinto Case On August 10, 1978 three young girls died in a 1973 Ford Pinto after being stuck from the rear by a driver in a van.
The Ford Pinto Case The Ford Pinto Case was a very controversial moment in Ford’s history. They were struggling to keep up with the ever rising imports of Japanese auto manufacturers that were being produced and sold at a rate that was light years ahead of the industry. Ford had to come up with a solution and they had to do it fast.
The rush to produce the Pinto saved Ford 20 million in production cost and cost Ford 50 million in negligence suits (DeGeorge, 2006). During the 1970’s there was little or no job protection for indviduals that would speak out against an organizations ethical practices. Due to this indviduals feared job loss and refused to speak up.
Current Ethical Issues in Business: The Ford Pinto Fires In early 1968, the Ford Motor Company decided to take on the foreign car competition by introducing a compact, affordable vehicle they named the Pinto.
Sample by My Essay Writer The Ford Pinto case offers insight into the ethical concerns with which many organizations have to contend. Ethics addresses the right and wrong of an action in an organizational or personal setting. In everyday life, we are compelled to make decisions that have an influence on the outcomes of our actions.