Ford Pinto Case Analysis

Ford Pinto Case Analysis - Ford Pinto Case 1 Running head:...

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Unformatted text preview: Ford Pinto Case 1 Running head: FORD PINTO CASE ANALYSIS Ford Pinto Case Analysis Joey D. Finley University of Phoenix Ford Pinto Case Analysis Several public factors outside the inner workings of the Ford Motor Company went into consideration when deciding this recommendation. Taking into account the estimated 20.9 million dollars that it would have cost to recall all Ford Pintos (De George, 2006) wagered against the cost analysis of accidental deaths or injuries suing Ford would be less than the recall cost would be socially unacceptable. A few different external aspects that guided the decision- making process were; the lack of regulations or legal issues in manufacturing automobiles; the economical welfare including buyers, suppliers, and shareholders; the social entities of the media, labor groups, and the recently created Environmental Protection Agency (EPA). Just because there is not a rule stating that a car company must make sure the vehicle being made has to be perfect, does not mean trying to achieve as close to perfect should not be an...
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This note was uploaded on 03/29/2011 for the course ECON 101 taught by Professor Smith during the Spring '11 term at University of Phoenix.

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Ford Pinto Case Analysis - Ford Pinto Case 1 Running head:...

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