How Would a Virtue Ethicist Analyze the Ford Pinto Case

question 8

Short Answer

How would a virtue ethicist analyze the Ford Pinto case (see Chapter 9)?

Grasp the significance of international codes of ethics and their implications on global business practices.

Acknowledge the complexity of ethical dilemmas, including conflicting laws and stakeholder interests.

Appreciate the value of ethical education in enhancing problem-solving and decision-making skills.

Understand Kohlberg's construct of moral judgment and its stages.

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Definitions:

Stockbroker

A professional who buys and sells stocks and other securities on behalf of clients in exchange for a fee or commission.

Retail Stores

Businesses that sell goods or commodities directly to consumers from a particular location or outlet.

Overextended

A financial condition where an individual or organization has taken on more debt or financial obligations than is prudent or sustainable, leading to potential financial distress.

Revolving Door

A metaphor often used to describe the movement of personnel between roles as legislators and regulators and the industries affected by the legislation and regulation, in an ongoing cycle.