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But according to me they should have given their customers the actual information. It would give the public a sense of trust in Ford. The real ethics lies in having the faith of the customers by thinking about their well being.
As per a Ford inside notice, the optimal approach to defeat the security issue was by bringing down the core of gravity, enlarging the Explorers wheel base, and utilizing a more diminutive P215 tire. Then again, when further dissection was carried out, Ford understood that stretching the wheel base and bringing down the core of gravity might have deferred the processing, and consequently it chose to act "unethically" Rowell (2008). This shows that Ford was aware of the problem and they also knew the reason for it. It was a fault on their end. They had the thought process of saving their reputation.
We can use the Utilitarian approach in this situation. Consistent with the Utilitarian Approach, the maker of the item ought to be considered answerable for the imperfections as opposed to the retailer, and it is the obligation of each maker to guarantee that it processes the most secure items conceivable. Accordingly dependent upon the Utilitarian Approach, it could be reasoned that Ford was "unethical" since it was regulating the methodology through which Explorer was transformed, and in this manner it is to be considered ethically and also lawfully answerable for the imperfections which were available in the vehicle. Based on this theory it can be said that the responsibility should have been taken by Ford.
Yes Ford should have taken the responsibility instead of blaming the whole issue on Firestone. It was unethical on their part to protect themselves and blaming a tire manufacture. Ford should have recalled all the faulty cars that had been manufactured by them and should be replaced with the non faulty one or should have repaired the cars on their own expense.
According to me it was
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Ford has been in crisis for some years now. The reasons that have lead to this crisis are many. There are external factors as well as internal factors that lead to the present crisis situation. But it is found that the center of all the issues of Ford is the serious mismanagement which has been undergoing in the company for years.
Business policy also deals with the acquisition of resources with which corporation goals and visions can be attained. It is the study of the functions and responsibilities of higher management, the substantial issues impacting corporation achievement and decision impacting corporation in long-run (Vlasic, & Bill 19).
Only few corporations are as closely tied with the history and development of industry and society throughout the last century as Ford Motor Company. As with many great enterprises, Ford Motor Company's beginnings were modest, starting with a small runabout called the Model A.
For understanding the illustrated aims, we have followed an extensive case study approach in presenting a macro-, and micro-economic perspective in analysing the content. Coming to specifics, the paper starts off with a cursory glance at relevant scenario analysis of FPV, followed by a close approximation of factors that govern the creation, and sustenance of economic value, mainly researching into the input-output channel flow.
This will be followed by thorough evaluation of the current marketing mix and programs of Ford Galaxy relative to intense competition. In the end, a series of marketing recommendations will be presented primarily to augment the current practice and challenge the company to move forward aggressively.
The Company’s first name was the Henry Ford Company but later renamed to Cadillac Motor Company after Ford got the rights to his name and withdrew the rights (Winnewisser, 2005; pp.12). Twelve investors joined hands in 1903 and
The company is a leading manufacturer of automobiles in the world that include commercial vehicles and luxury cars under its ford and Lincoln brand respectively. The company expanded globally and acquired other automobile company over the years by partial or full