The Five Core Values Of Ethics In The Ford-Firestone Case

971 Words2 Pages
bulb-icon

Recommended: Business emerging issues in regard to ethics in organisation

Ethics are moral principles that indicate how a person should act based on their moral values of distinguishing what is right and wrong. The five core values of ethics are honesty, fairness, responsibility, respect and compassion. Throughout life a person may find themselves in a situation where they have to make a choice between two of their ethical values and this is called an ethical dilemma. Ethical dilemmas challenge a person to resolve a problem in their life either the right or wrong way and sometimes there is not a right way. These ethical dilemmas occur everyday whether they occur in life choices or business decisions. When an ethical dilemma arises, you must know how to identify, evaluate, and resolve the problem at hand effectively. When someone is …show more content…

The failures from both companies are quite obvious in production process of the product however, the greatest failures come from the statements released during the investigations of the company’s. Both companies were shaming each other and trying to blame one sole company for the tragic problems that occurred. This shows bad moral values in honesty and responsibility. The failures by Ford and Firestone shed light to other automobile company’s to not make the same mistakes as they did. For example, “BMW immediately recalled 200,000 of its cars, after getting to know that there was a problem with the front passenger seat airbags” (Tutor, 2008). The Ford-Firestone case also caused customers to distrust them and shame them for the tragedies that they caused. The events in the situation could have been handled very simply and would have prevented the whole problem in the first place. All Ford and Firestone had to do was just delay the production of the Explorer and the tires until they got a safe and reliable product to put on the

Show More
Related

  • Firestone Essay

    1342 Words  | 3 Pages

    On August 9, 2000, Bridgestone/Firestone, an international tire manufacturer, issued a recall of all its ATX, ATX II, and Wilderness AT tires. To date, the company has replaced 6.5 million tires (“Firestone death...”). Ford had contracted with Firestone to supply tires for all the SUV’s it produced. Together Firestone and Ford investigated the problems with the recalled tires. Despite much bickering between the two companies, the tires failed due to flaws in Firestone’s manufacturing and production.

    Read More

  • A Practical Companion To Ethics By Anthony Weston

    1053 Words  | 3 Pages

    Ethics is a doing and learning experience which causes us as humans to keep an open mind to change. Generally, ethics ask us to live mindfully, to think how we act and even how we feel or do things, which can change the outcome. Sometimes we go down certain roads, which may be harder or make things more complicated or complex instead of making an easier option we just take the easier way out, usually the way that calls for

    Read More

  • Quiz Show by Robert Redford

    1538 Words  | 4 Pages

    Ethics are the principles that shape individual lives in modern society. It is a subjective idea that seems to have a standard in society. Ethics and morals are the major factors that guide individuals to make right and wrong choices. Something that is morally right to one person might be the very opposite of what another person would view as right. There are many factors that can trigger a change in an individual’s view of morality.

    Read More

  • Criminal Justice Case Study

    983 Words  | 2 Pages

    Ethics is “a branch of philosophy concerned with the study of questions of right and wrong and how we ought to live” (Banks, 2013). Also it involves making moral judgments about what is right and or wrong, good or bad. In the process of everyday life, moral rules are desirable, not because they express absolute truth, but because they are generally reliable guides for normal circumstances. Ethics or moral conduct, are of major importance in the criminal justice field today. If the police force condoned unethical behavior, there would be very little, if any, justice being served. A system of rules and principles helps to guide in making difficult decisions when moral issues arise. Ethics has been shown to be a central component in decisions involving ethical dilemmas. It is “concerned with standards of conduct and with “how I ought to act”, and standards of conduct may vary among different societies” (Banks, 2013). An ethical dilemma arises only when a decision must be made that involves a conflict at the personal, interpersonal, institutional, or societal level or raises issues of moral character. Richard Hare argues that we initially use an intuitive level of moral thinking when we consider ethical dilemma. There are “six steps in analyzing an ethical dilemma and they would be as follow” (NASW, 2014):

    Read More

  • The Ford/Firestone Case

    1127 Words  | 3 Pages

    Ford and Firestone knew that they were having problems with their products before all of these accidents happened. For instance “Ford internal documents show the company engineers recommended changes to the vehicle design after it rolled over in company tests prior to introduction.”(www.ratical.org/corporation) Moreover, “In 1998, mounting insurance claims already had indicated to financial staff members at Firestone that a problem existed with the tires.” (www.ombuds.org.) But Ford and Firestone did not take any action to fix the problem. So it was obvious then that they were not concerned for the well being of the people. Even staff members who knew that the safety of customers was in danger due to the defect of these tires, failed to report it to the authorities. And when Firestone was confronted with accusations about the performance of the tire, they provided misleading information. Therefore, this represented a very critical ethical problem. According to an executive director of auto safety, “if consumers never find out about this problem, these companies will end up saving millions of dollars in recall costs at the expense...

    Read More

  • Can Ethics Be Taught?

    1611 Words  | 4 Pages

    Ethics are the set beliefs and values of an individual which they apply to circumstances relating to morality. To act in an ‘ethical’ manner, an individual must display integrity by doing what they believe to be right.

    Read More

  • Ethics: The Belmont Report

    837 Words  | 2 Pages

    The Belmont Report was first written by the National Commission for the Protection of Human Services of Biomedical and Behavioral Research (NCPHS). The report was written in 1978 then sent to the President of the United States, President of the Senate, Speaker of the House, and the Secretary of Health, Education, and Welfare was to "identify the basic ethical principles that should underlie the conduct of research involving human subjects." (p. 3, HHS, 2016) Part of the reason for its existence was due to past deplorable acts in research and to protect human subjects in the clinical study from that point forward. The final form of the document was released on April 18, 1979, after receiving approval from the US Government (p, 1, HHS, 2016).

    Read More

  • The Walmart de Mexico Scandal

    1137 Words  | 3 Pages

    Ethics are moral principles that can be used to help guide peoples decisions. We are all different and therefore our beliefs and opinions differ. There are many ethical theories, and according to Panza and Potthast (n.d.) the following are some that are widely used. Virtue ethics is one theory which states that personality is the most important thing. Living an ethical life, acting right, requires that one develops and demonstrates the quality of courage, compassion, wisdom, and temperance. It also requires that greed, jealousy, and selfishness is avoided. Utilitarianism states that the amount of happiness and suffering created by a person’s actions is what matters the most. As a result, acting rightly includes maximizing the amount of happiness and minimizing the amount of suffering around you. At times you may need to break some of the traditional moral rules to achieve such an outcome. Kantianism is another theory which highlights the principles behind actions rather than an actions results. It states that it requires to be motivated by good principles that treats everyone with respect. If you’re motivated by good principles, you overcome your animal instinct and act ethically. Another ethical theory is the Contract theory, which suggest that ethics should be thought of as terms of agreements between people. It suggests that doing the right thing means obeying agreements set by members rather than those of society. For this theory ethics isn’t necessarily about character, consequences, or principles. The last theory I’m going to mention is Care ethics. Care ethics focuses on ethical attention on relationships before other factors. As a result, acting rightly involves building, strengthening, and maintaining strong relationship...

    Read More

  • Ethics and Its Influence in Social Work Internship: A Personal Reflection

    756 Words  | 2 Pages

    Ethics is a complex of moral precepts held or rules of conduct followed by an individual. Ethics defines the elements essential to human well-being and proposes principles to be used as guidelines for generating an ethical culture. Ethics also refers to the specific values, standards, rules, and agreements people adopt for conducting their lives. That’s why ethics is essential to social workers.

    Read More

  • Ethical Ethics Case Study

    1665 Words  | 4 Pages

    Many ethical dilemmas are philosophical in nature, an ethical issue can be described as a problem with no clear resolution. In order to solve the issue or dilemma a consensus between the parties involved must be reached. There are several reasons to come to an agreement over an ethical dilemma, it is the basis for all aspects of personal and professional dealings. Each one of us is part of a civilized society and as such it is our responsibility to be rational, honest and loyal in our dealings with others. (Alakavuklar, 2012) states that individuals make decisions for different situations in business life involving various ethical dilemmas. Each time either consciously or unconsciously individuals may follow some ethical approaches

    Read More

  • Ethics And Ethical Systems

    1378 Words  | 3 Pages

    As a function, ethics is a philosophical study of the moral value of human conduct, and of the rules and principles it should govern. As a system, ethics are a social, religious, or civil code of behavior considered correct by a particular group, profession, or individual. As an instrument, ethics provide perspective regarding the moral fitness of a decision, course of action, or potential outcomes. Ethical decision-making can include many types, including deontological (duty), consequentialism (including utilitarianism), and virtue ethics. Additionally, subsets of relativism, objectivism, and pluralism seek to understand the impact of moral diversity on a human level. Although distinct differences separate these ethical systems, organizations

    Read More

  • The Importance of Ethics in Society

    874 Words  | 2 Pages

    Ethics are moral principles or values that govern the conduct of an individual or a group.It is not a burden to bear, but a prudent and effective guide which furthers life and success. Ethics are important not only in business but in academics and society as well because it is an essential part of the foundation on which a civilized society is built.

    Read More

  • Managerial Ethics

    1607 Words  | 4 Pages

    [1] Ethics is defined as “the code of moral principles and values that governs the behaviour of a person or a group with respect to what is right or wrong” (Samson and Daft, 2005, p.158)

    Read More

  • The Importance Of Ethics In Community Development

    889 Words  | 2 Pages

    Ethics is a code of thinking and conduct administered by a combination of personal, moral, legal, and social standards of what is

    Read More

  • Ethics in the Modern World

    1524 Words  | 4 Pages

    Ethics is a system of moral principles and a branch of philosophy which defines what is acceptable for both individuals and society. It is a philosophy that covers a whole range of things that have an importance in everyday situations. Ethics are vital in everyones lives, it includes human values, and how to have a good life, our rights and responsibilities, moral decisions what is right and wrong, good and bad. Moral principles affect how people make decisions and lead their lives (BBC, 2013). There are many different beliefs about were ethics come from. These consist of; God and Religion, human conscience, the example of good human beings and a huge desire for the best for people in each unique situation, and political power (BBC, 2013).

    Read More

More about The Five Core Values Of Ethics In The Ford-Firestone Case

Open Document