Toyota's Ethical Issue Of Toyota

A major car company by the name of Toyota was recently experiencing mechanical issues with some of their vehicles and there have been major fatalities cause by it. Toyota is trying to recall the models that are causing the problems, however, there are too many to recall and it will cost millions of dollars to fix the problem. Having a successful company requires that you practice and have good business ethics also. Toyota business ethics have come into question over its lack of concern for the safety of the consumer and for its desire to make as much money as possible, therefore Toyota had a major recall after owners of Toyota vehicles raised issue about the safety of Toyota’s vehicles.

Reaching across the center console of my car, I imagined the commute that I had into school. My 1992 Jeep Cherokee courageously braved the snowstorm of the year, with only one functional windshield wiper and a forlorn four wheel drive system. As I turned onto the Merritt Parkway, a Honda Civic swerved past me and proceeded to weave in and out of the afternoon traffic. Fast-forward sixty seconds and that Honda was now engulfed by the powder white trees which bound the highway. Instinctively, I pulled up behind the crash site, dialing 911 as I ran over to the mangled wreck. I peered into the car, my pupils the size of marbles, and the driver seemed uninjured; regardless, I proceeded to reassure the driver that Emergency Medical Technician’s/Paramedic’s

This paper explores how ethical issues of Pinto case have affected the Ford Motor Company business environment. A number of factors suggest that Ford Motor Company was negligent and violated its code of ethics. In this paper, we will review the corporate culture mindset which prioritizes profit over the value of human life for the purpose financial gain.

“Amanda Clark’s phone conversation came to an abrupt end when her Chevrolet Trailblazer rolled three times before landing on its roof. She had run a stop sign and was broadsided by another driver. Metal caved in around her, but the roof stayed intact and she survived with just scrapes and bruises” (Tracy). Amanda Clark survived her first car accident caused by distracted driving, but wasn’t as lucky the second time. After she started driving again, she pledged to put her phone away and focus on driving. Clark’s Mother, Bonnye Spray, said, “I thought this would be a wakeup call for her, and it was for a short time she wouldn’t talk on the phone, she was more cautious. But she got more confident in her driving and a sense of ‘Hey, I survived one, I’m invincible, nothing is going to happen to me now’” (Tracy). A year after her accident, Clark was driving on a highway. She

Chapter four of our textbook reveals the importance of ethics and goes into detail about what ethics is. The textbook directly states that “We define ethics as society’s accepted standard of moral behavior, that is, behavior accepted by society as right rather than wrong.” The article states that although ford made defective vehicles that there were no reported injuries because of them. However, because of ethics ford is recalling the vehicles before anyone gets hurt. This proves that Ford has good

The assumption that ‘it’s easy to be ethical’ assumes that individuals automatically know that they are facing an ethical dilemma and that they should simply choose to do the right thing. But decision makers may not always recognize that they are facing a moral issue. Rarely do decisions come with waving red flags. Dennis Gioia was recall coordinator at Ford Motor

One summer in 2016, in Tacoma, Washington, a woman was taking her 5 year old son to school, coming along for the ride was her 2 year old son. While driving the mother lost control of her car and swerved into a tree. The car was totaled and the side where her 2 year old was sitting was completely caved in. Yet amazingly, no one was hurt, and the kids were fine. The 2 year old was saved by their car seat, which absorbed all the impact of the crash. Had that car seat not been properly installed, the family would have lost more than a car. The sad thing is scenarios like this happen every day, car crashes are a reality of life, and sometimes they are your fault, sometimes the fault of the other driver.

Toyota Motor Corporation is one of the Japanese automotive manufacturer that headquartered in Toyota, Aichi, Japan. The history of Toyota began in 1933 with the company being a division of Toyoda Automatic Loom Works devoted to the production of automobile under the direction of Kiichiro Toyoda, the founder’s son. Toyota Motor Corporation have use code of conduct, corporate social responsibility and sustainability policies for their firm daily operations.

2. Suppose Ford officials were asked to justify their decision. What moral principles do you think they would invoke? Assess Ford’s

With billions of dollars invested and hundreds of thousands of Americans employed (Department of Commerce, n.d.), the automobile industry has a vast influence in the United States. Since the time Henry Ford developed the assembly line production (Statista, n.d.) the industry has grown into a global market with no signs of slowing down. Top car companies are constantly searching for new innovations to set them apart from their competitors. Among those companies is Volkswagen (VW). A company which strides in emissions and fuel efficiency turned, not only to be false, but caused a severe amount of damage (Ewing, 2016).

Volkswagen created a device that would pass an emission test, a cheaper ignition switch was used, which caused air bags not to deploy and cars to stop when bumped into moving vehicles. In the article “Volkswagen: Where were the lawyers?”, the decisions of the lawyers involved are examined, were these lawyers being ethical did they follow proper guidelines? After reviewing this article, I feel as an employee or manager in either the legal office or the engineering department, this could have been prevented.

All employees (including the company executives) should be guided by moral principles and ethical values when making decisions (Balc & Simionescu, 2012). The ability of executives to make ethical decisions can be influenced by their cognitive bias (Zeni, Buckley, Mumford & Griffith, 2015). Utilitarianism is one of the frameworks that can be used to address ethical dilemmas. Utilitarianism holds that decision makers should take alternatives that maximize the happiness of the majority of the stakeholders (Choe & Min, 2011 and Marques, 2015). This presentation will discuss how the 8-step ethical decision making process can be applied when addressing a dilemma using the utilitarianism framework. The presentation will also guide the executives of Toyota on how to address the negative publicity associated with the production of cars with faulty acceleration system.

Ford Motor Company is an automobile manufacturing company which manufactures and distributes the products across six continents. Currently, the company has 65 plants producing vehicles under the Ford and the Lincoln brands (Ford Motor Company, 2014). Also, Forbes describes Ford as an important industrial company in the history of the United States. As a consequence, the company boasts of 180000 employees and an annual revenue exceeding 134 billion dollars (Ford Motor Company, 2014). Similarly, the company operation is highly automated, making it necessary for the company to have a Total Quality Management system in place, bearing in mind that ford is one of the first companies in the world to embrace Total Quality Management, as they used the slogan, “Ford has a better Idea” (Scheid, 2011).

With the rise of globalization and the complex dynamics of the global business environments, organizations are tackling and forced to deal with large ethical issues on a daily basis. The ramifications for an organization that does not handle an ethical scenario efficiently and effectively could put the entire company and organization at dire risk. Organizations put their company brand and identity on the line with their everyday decisions and how they choose to operate themselves and their business. Many companies will do anything to keep their image or façade in good graces with the public and try to cover up or hide the mistakes with hope that their mishap or fault will never be exposed. The auto industry has had its fair share of

We will start the external analysis with the PESTEL analysis of the automotive sector followed by the Porter’s five forces analysis and we will end by having a look at the key competitors and competitor pricing.