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Sample Question And Solution of Ford Business Ethics
Question:
The report which should be 1,500 words, should analyse and provide answers to the following questions-
Who are the stakeholders in the case?
What are the ethical issues raised in the case?
Who where the persons responsible for ethical decisions you identified in the case
How do you think this type of behaviour effected the brand of the organisation?
What would you do in this situation?
Answer:
Introduction
The word Ethics is derived from the Greek word Ethos which means character or custom. Ethics is a code of behaviour which an organisation should follow. Ethics is a creation of the mind rather than science. Ethics is a conception of what is right or wrong. Business Ethics, on the other hand, it is the application of general ethical ideas to business behaviour. Business Ethics shows that business can be ethical and still make profits. A company who follows ethical values will attract customers and investors. One of the famous case regarding business ethics and social responsibility is Ford Pinto which is very popular in North America. Ford Pinto is a subcompact car. It was manufactured in North America by a company named Ford Motor. In this case, the problem is with the design of the Ford Pinto's car model. It does not have sufficient space to fit fuel tank neither the Ford company rethink on the blueprint of the model. The difference between the gas tank and rear axle is only about nine inches. During design of Ford Pinto, the company place gas tank behind the rear axle. In May, 1972, the three girls were travelling in the car and their car struck from the back. After hit from behind by a Van, the fuel tank break down and bursts into high flames although their car speed was low. During this incident, three of the girls were died. Read More...
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Most Popular FAQs Searched By Students:
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What are Ford's weaknesses?
Ford’s weaknesses are listed as follows:
- Higher cost as compared to the competitors.
- Slow innovation process.
- Limited global scope.
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What is the One Ford plan?
The One Ford plan expands on the company’s business plan for achieving global recognition and success. It was adopted by Ford during the year 2007.
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Who can do my ford pestle analysis online?
Academicians holding scholarly degrees in Marketing and Management can do your Ford Pestle analysis online. Apart from that, one can get in touch with reliable online assignment writing service providers for customised assistance on the go.
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Who is Ford owned by?
Ford is owned by Ford Motor Co, with James Hackett being the CEO since 2017.
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