Question: 1 . After reviewing the Ford Pinto Case Study answer the following questions. a . If you were the CEO of Ford would you have
After reviewing the Ford Pinto Case Study answer the following questions.
a If you were the CEO of Ford would you have made the modification to the Pinto to make it safer and lost revenue or would you have kept crossed your fingers hoping no one else was injured thus keeping profits high
b When a company admits they are wrong or they have made an unethical decision their company usually suffers financially due to several factors. What stakeholders were affected by the faults of the Pinto?
c Ford claims that its Pinto met all of the government safety requirements for motor vehicles, but as you now know the Pinto was an extremely dangerous automobile if you were involved in a rearend collision and Ford was aware of this In this case what is the difference between being in compliance with the law and exercising corporate ethicssocial responsibility?
Find an online current event in the news within the last year about a product recall, a product that has caused injury to a consumer, or an illegal act committed by a business. Post a link to the article and give a one paragraph synopsis explaining the article. Explain if you agree or not with the actual outcome in the article.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
