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3 years ago

One of the lessons that we learned from the Ford Pinto case was that:_________

Business

1 answer:

Oksi-84 [34.3K]3 years ago

6 0

Answer: option 3

Explanation:

Background to the case:

The cases involving the explosion of Ford Pinto's due to a defective fuel system design led to the debate of many issues, most centering around the use by Ford of a cost-benefit analysis and the ethics surrounding its decision not to upgrade the fuel system based on this analysis.

Basis of analysis:

Should a risk/benefit analysis be used in situations where a defect in manufacturing could lead to seriously bodily harm and even worse death, such as in the Ford Pinto situation?

Rule of the court:

There hasn’t really been a definite decision about the case and arguments both for and against such an analysis have been made. It is an economically efficient method which has been accepted by courts for numerous years, however, juries may not always agree, so companies should take this into account.

Discretion is expected to be used.

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Estimate the effective annual rate (ear) for a continuously compounded annual nominal rate of 8.00%.

kirill115 [55]

The effective annual rate is 8.33%.
we can calculate the effective nominal annual rate by using this formula;
r = e∧i - 1
e is the constant = 2.718
i = compounded annual nominal rate = 8% = 0.08
r = 2.718∧ (0.08) - 1
= 1.0833 - 1
= 0.0833 = 0.0833 x 100 = 8.33%

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2 years ago

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shutvik [7]

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2 years ago

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Amiraneli [1.4K]

Managers need to understand the possible dangers associated with a job to ensure work is being done safely. Understanding job requirements is critical to making intelligent hiring decisions.

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1 year ago

What do you hope to gain from the course of economic development?

Slav-nsk [51]

Explanation:

An economics degree gives you a high level of mathematical and statistical skills and the ability to apply economic principles and models to problems in business, finance and the public sector. ... numeracy - handling complex data and techniques of mathematical and statistical analysis. problem-solving. analytical skills

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2 years ago

Roberto Designers was organized on January 1, 2018. The firm was authorized to issue 140,000 shares of $5 par value common stock

Phoenix [80]

Answer:

The total stockholder's equity at the end of the year will be $352,000.

Explanation:

The issue of common stock at $7/share= 14,000*$7=$98,000

The issue of common stock at $8/share= 28,000*$8=$224,000

The net income is $140,000.

The dividends paid= $70,000.

Purchase of treasury stock= 4000*$10=$40,000

The total stockholder's equity

=The issue of common stock at $7/share+The issue of common stock at $8/share+The net income-The dividends paid-Purchase of treasury stock

=$98,000+$224,000+$140,000- $70,000-$40,000

=$352,000.

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3 years ago