Managerial Decision Making: Case of the Ford Pinto
Visit the website www.motherjones.com/news/feature/1977/09/dowie.html and read the article concerning the Ford Pinto. How did the decision making process help to create the problems for the Ford Pinto? Do these decisions represent optimizing behavior or satisficing on the part of Ford? If you were Lee Iacocca, would you have decided differently? How? 200-300 words APA format.
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The response addresses the queries posted in 354 words with references.
//As per the directions, we will write about the problems created by the decision making process for Ford Pinto. Then, we will suppose ourselves as Lee Iacocca and make the decision differently and write about the decision. It will assist in understanding the problems with Ford Pinto and the impact of managerial decision making on the performance of the Company.//
Case of Ford Pinto
The decision making process at Ford created problems for the Ford Pinto in many ways. The defect in the rear portion of the car carrying the ...