Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Assignment

The nature of ethical decision making requires that we understand mistakes made by individuals and organizations in the past and evaluate the ways in which personal values interact with organizational culture to increase the likelihood of unethical decisions. This activity allows you to build your evaluation skills by identifying issues that create environments more likely to fall prey to unethical decision making through policies, procedures, and organizational norms. The 1977 Ford Pinto case is often studied in order to help create a deeper understanding about the dilemmas that not only impact an organization's public persona, long-term profitability, and consumer safety, but also each employee's responsibility for the decisions.

Read: Dowie, M. (1977, September/October). Pinto madness. Retrieved from http://www.motherjones.com/politics/1977/09/pinto-madness

Then, prepare a case analysis on the topic by locating and researching at least three sources (not including the Dowie article and your text) to discover additional information about the company and its ethical dilemma. Use your text to create a foundation for the ethics theory. This must be a concise evaluation of the case, so provide information on your understanding of the application of theory and personal values.

Develop your case analysis using the five following sections:

Section 1: Introduction and situational analysis: Describe the ethical dilemma, giving appropriate background information. The term "dilemma" implies that there are pros and cons to various options, even if some are clearly more socially acceptable than others. This is also where you do your situational analysis - identifying factors related to the individual(s) involved (consider the readings from this module), company and managerial practices and policies, external factors such as economic pressure, and any other aspects of the situation that you believe helped create the dilemma.

Section 2: Stakeholder analysis: Identify the key stakeholders and how they are potentially impacted by the various options inherent in the dilemma.

Section 3: Analysis based on ethical theories: Analyze the ethical dilemma from the perspective of cultural relativism (how it relates to cultural norms - what society would view as acceptable, as well as what is legal), teleology (looking at consequences and acting for the greater good), deontology (duties and principles), and virtue.

Note that the stakeholder analysis is particularly pertinent to the consequentialist approach, and that one of the challenges is estimating the positive and negative impacts on relevant stakeholders. Do the best you can, looking at both good and bad consequences for each stakeholder group. Ensure that you summarize the overall situation and come to a conclusion about the greater good.

Section 4: Conclusion and recommendations. Up to now, you have been analyzing and comparing options. Here is where you pull together the different threads of your analysis and determine whether or not the company did the right thing. Also, make recommendations about what the company should have done. Ensure that your justifications clearly flow from your analysis. Make managerial and policy recommendations that would help avoid similar ethical dilemmas in the future and provide guidance to help those facing a similar dilemma.

Section 5: References. List at least three sources (in addition to the Dowie article and your text) where you located additional information about the company and the associated ethical dilemma(s).

General guidance: Include a title page, and label the five sections. Your analysis should be 2-3 pages in length, not including the title and reference pages. All citations should be in APA 6th edition format. Double space your paper, use Times New Roman, 12-point font, with one inch margins. For more information, link to APA Tip Sheet, 6th ed.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92178395
  • Price:- $60

Priced at Now at $60, Verified Solution

Have any Question?


Related Questions in Business Management

What is an example of corporation that uses information

What is an example of corporation that uses Information technologies to improve their decision making other than Verizon's web-based digital dash baords

What is development economic development what are the

What is development, economic development? What are the measurement for economic development such as Health, education. Describe different between development and growth?

Discuss how the mckinseys 7s framework impact the future

Discuss how the McKinsey's 7S framework impact the future strategies of firms in the U.S.

1 blurred boundaries -- as organizations become more

1. Blurred boundaries -- As organizations become more laterally structured, boundaries begin to breakdown as different parts of the organization need to work more effectively together. Boundaries between departments as w ...

Introduce yourself to the class and identify an issue

Introduce yourself to the class and identify an issue related to the perception of business as a part of society. Is business seen as good or bad for the environment by the public? How does your role in business fit into ...

Can you explain me the main definition of 4 paradigms in a

Can you explain me the main definition of 4 Paradigms in a simplistic language, please?

How does a fundraiser use donor motivations to increase

How does a fundraiser use donor motivations to increase fundraising effectiveness? What is your opinion on why so much of the money given to charity comes from people who are not wealthy-what is their motivation?

Once considered pure science fiction artificial

Once considered pure science fiction, artificial intelligence (AI) is being relied on more and more in today's world. Artificial intelligence deals with algorithms based on complex data sets. If you had to tell story rep ...

Explain how amazon and walmart companies use information

Explain how Amazon and Walmart companies use Information and Communication Technologies (ICT) in their competitive strategies. Highlight the differences in their use of ICT.

Imagine that your team agrees to spend the next few weeks

Imagine that your team agrees to spend the next few weeks thinking about how to develop a new way of dealing with poor morale due to customer service difficulties. Describe the issue and detailed action plan scheduling a ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As