Description
Read the case study Ford Pinto Recall Download Ford Pinto Recall and answer the questions. Write down the questions and answer to submit.
1. Do you think Ford analyzed the problem of redesigning the Pinto fuel tank safety in a reasonable way? Why?
(25 points)
2. Should questions involving the risk of loss of human life be analyzed in a cost-benefit analysis? After all, don’t life insurance companies do this all the time in pricing life insurance policies to older versus younger customers?
(30 points)
3. Because the $137 million cost of the safety improvement outweighed the $49.5 million benefit of the redesign, Ford decided to push ahead with the original design. How would you apply biblical principle in this problem? How would you persuade shareholders in making decisions?
(40 points)
– Addressing your argument just because it is ethically right won’t work since shareholders are more interested in making money than being ethically good people.
– Saying “I am a Christian” or “The bible says…” will negatively affect your argument, it is more important for you to apply biblical principle than to let them know you are a Christian or to teach them the bible.
INCLUDE SMALL INTRODUCTION AND CONCLUSION. ALSO INCLUDE A BIBLE SCRIPTURE THAT CAN RELATE TO ARTICLE
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