Question: Please read the Ford Pinto case ( attached ) , watch the video, and answer the following:Is what Ford did legal or ethical?If you were
Please read the Ford Pinto case attached watch the video, and answer the following:Is what Ford did legal or ethical?If you were in the position of leading Ford Motor Co would you have fixed the car? If so how would you justify such an action to those shareholders who insist that you have a duty to maximize profitsespecially if the fix would involve a major hit to the corporate bottom line? What do you think about Milton Friedman's comments regarding Ford? Milton Friedman received a Nobel Memorial Prize in Economic Sciences.
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