Question: Questions 1. After reviewing the Ford Pinto Case Study answer the following questions. a. If you were the CEO of Ford would you have made
Questions 1. 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 your fingers crossed 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 rear-end collision (and Ford was aware of this). In this case what is the difference between being in compliance with the law and exercising corporate ethics/social responsibility? 2. 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. Using the Josephson's Core Values Model explain how you would make a decision based on the event in the article you read (whether you agree or not with the actual outcome in the article)
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