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Unformatted text preview: of that people died. This is purely the fault of the company. Everyone in the company is responsible because most of them knew about the dangers of the car, but most didn’t take a stand to get them changed. I would apply Friedman and Freeman’s theory to this case in that safety should come first. Friedman does say that the CEO’s sole responsibility is to make money, but in this case, the company is losing money because they had to pay for medical bills and help the family out. Freeman says that managers should be unconstrained, but this case shows us what happens when managers aren’t constrained or just ignore the constraints, people die. Context always matters in business, this case really depends on what perspective you’re looking at the case from. From a consumer’s point of view, the company did the wrong thing, and from a business point of view, the business did the right thing. It always depends on how you’re looking at the case....
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This note was uploaded on 08/29/2011 for the course BUS 101 taught by Professor Rollins during the Spring '08 term at Miami University.
- Spring '08