The pinto memo
Webb21 okt. 2024 · “RT @STS_News: Last week @wired published a piece by historian Mar Hicks comparing Facebook whistleblower Frances Haugen to the infamous "Pi…” Webb26 mars 2010 · The memo was meant for regulators’ eyes only. But it was off to the races after Mother Jones magazine got a hold of a copy and reported what wasn’t the case. The exploding-Pinto myth lives on,...
The pinto memo
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Webb26 mars 2016 · The Pinto automobile was marketed by Ford from 1971 to 1980 to try to feed the new American appetite for smaller cars. With its dinkster four-cylinder engine, … Webb26 okt. 2024 · The Ford Pinto was an American subcompact car produced from 1971 to 1980. It was developed as Ford's entry into the small car marketplace. Pressures from foreign competition and the looming rise in gas prices incentivized Ford’s upper management to cut the Pinto’s delivery time in half. Promises of a light and cheap car …
Webb22 juni 2024 · When doing the cost-benefit analysis of the Pinto gas tank fix, the memo failed to include costs of litigation and bad press. (I still laugh at the gag in the movie Top Secret where a 2 ton truck runs a gauntlet of Nazi fire and ends up barely touching a Pinto which erupts in a fireball. Whereupon the truck then drives off.) WebbThe Ford Pinto case exemplifies a classic corporate fight between profit and ethics. Businesses frequently assess their success in terms of profit and net assets. This may …
Webb28 nov. 2024 · In the memo, Ford estimated the cost of modifying the Pinto’s fuel system to be $137 million across the 12.5 million cars manufactured. If the system was left unmodified Ford estimated there would be an additional 180 burn deaths and 180 serious injuries per year, which would cost around $49.5 million. WebbThe Pinto Memo wasn't used or consulted internally by Ford, but rather was attached to a letter written to NHTSA about proposed regulation. The Pinto's fuel tank location behind the axle, ostensibly its design defect, was commonplace at the time in American cars.
WebbAnother way to prioritize stakeholder relationships is with a matrix of their power and interest. As Figure 3.5 shows, a stakeholder group can be weighted on the basis of its …
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