Question
Please answer in detail and in paragraph form Should Ford increase the death estimate for those who died due to the accident or make the
Please answer in detail and in paragraph form
Should Ford increase the death estimate for those who died due to the accident or make the vehicle safer? (Ford had estimated that each death caused by the Pinto would cost the company around two hundred thousand dollars. Unfortunately, six people died due to the fires. Ford paid out around $6 million in damages. Ford made Millions of dollars on the sale of the Pinto.) There are various risks and opportunities that come with making the product safer. What are the risk involved and what could Ford have done differently in this scenario?
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