Ethical Issues with Toyota Introduction:
Having already halted sales and production of eight of its top-selling cars in the U. The Toyota brand, once almost synonymous with top quality, has taken a heavy hit.
Even then, there are no guarantees. Maintaining a good corporate reputation in the 21st century is tricky business indeed. Here, for starters, are five: Aggressive growth can create unmanageable risk. Ingrassia, who has just authored a new book on the auto industrynotes that in Toyota recalled more cars and trucks than it sold; byConsumer Reports magazine stopped automatically recommending all Toyota models because of quality declines on three models.
Were quality control and safety part of the discussion? Quick tip to directors of other high-growth-oriented companies: Get the facts quickly and manage your risks aggressively.
The current recall, covering 4. Late inToyota also recalled 5. Plus, Toyota says there are some cars affected by both problems. For an interesting technical analysis of some of the issues involved, go here.
Uncertainty is not an asset, especially when lives could be at stake. And the questioning is just beginning. Congressional committee headed by Rep. Henry Waxman has already requested copies of emails and other documents from both Toyota and the National Highway Traffic Safety Administration, which regulates Toyota with regard to the recalls.
Congressional hearings are scheduled for Feb.
|Downloading prezi...||Toyota, which is second to General Motors in car and truck sales in the U.|
In cases such as this, investigators almost always start with two time-worn questions. What did you know?
And when did you know it? Were employees encouraged to flag safety issues to senior management? Were sufficient resources devoted to investigating the problems?WASHINGTON – Already flooded with hundreds of private lawsuits, Toyota now faces a dilemma stemming from safety problems on several popular models: whether to accept a .
Toyota's public response during its numerous recalls beginning in is a textbook case of how to thoroughly botch a crisis in consumer confidence, according University of South Carolina.
TOYOTA's Ethical Issue The name of the company The consequences of ethical dilemma The solution or the end of the ethical dilemma Toyota Motor Corporation The field of company The ethical dilemma or issue witch faced the company Toyota's "Sudden Acceleration" Problem Sudden Acceleration is the.
Toyota Ethical Dilemma Throughout history there have been many cases of corporations that have been faced with ethical dilemmas.
According to ph-vs.com, an ethical dilemma is a choice between two options, both of which will bring a negative result based on society and personal guidelines%(2).
Feb 14, · Toyota: Acceleration Concerns () Toyota faces ethical issues and litigation due to the delayed reporting to the NHTSA and delayed recall of automobiles related to the known complaints of sudden acceleration and the related injuries and deaths that resulted.
GM and Toyota Ethical Lapses bring into Question whether an Ethical Culture exists in these Auto Companies. Every dilemma affords more than just one opportunity.
The cautious handling of workplace ethics issues can resolve personal and business dilemmas. By .