Business Ethics. What community standards were relevant to the controversy surrounding the Ford Pinto? Who were...
Business Ethics. What community standards were relevant to the controversy surrounding the Ford Pinto? Who were the stakeholders and affected parties?
Homework Answers
Ans: Community standards that are relevant to the controversy surrounding the Ford Pinto are:
- Professional: Being loyal to the company
- Social: Being responsible to the society
- Personal: Having personal values and beliefs
The stakeholders, in this case, include the employees of Ford, the customers who purchase Ford products, the government, domestic and foreign competitors, and those affected by the loss of life due to the safety concerns in the car. Additionally, local communities are also affected.
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Business Ethics. What community standards were relevant to the
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What are the relevant facts?
What are the ethical issues?
Who are the primary stakeholders?
What are the possible alternatives?
What are the practical constraints?
What actions should Penny take?
Which alternatives would you choose if you were in her shoes and
why?
What issue is the auditor dealing with?
What are the options for the auditor?
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