The movie revolved around a class suit filed against an automotive company following the injuries caused by the defects. The attorney hired against the company is known to as a lawyer who aids people from being abused by the rich and powerful, but the event turned personal due to the discovery that the attorney of the opposing party was his estranged daughter. Upon watching the film, it showed how some businesses view profit as the main goal rather than the safety of their customers and even employees.
It is important for any company to always think of their customers first rather than the return to investment. It is difficult, because companies have many things to consider when dealing with its financial capability, however, it should still not come first before human safety. In the film, the automotive company used an approach to risk management that utilizes the projection of actuaries for probable deaths and injury to car-owners is compared to the cost of re-manufacturing the automotive products. The company decided to risk of keeping the car as it is to profit. Businesses are constantly reminded for their responsibility to not only their customers but also to society. In the case of the automotive company, they not only put their customers to danger but also other people. The concept of social responsibility is embedded in the identity of companies because to foster an ethical obligation to industries. Companies have the distinct obligation to balance their approach to the economy and ecosystem. In the film, the danger of the manufactured cars is the result of the exploding gas tanks. The defect, obviously constitute to grave harm to the people are near the vicinity of the defective product. Social Responsibility serves as a constant reminder to corporation that their role is not only in the economy, which is why they need to work ethically.
It is unethical for company to risk the safety of the people especially since they already have identified the potential threat in their product. They still chose to push through with the product because they valued the short-term profitability of their product. Although it was not the main plot of the film, the movie was able to showcase the importance of ethics in business. The case in the movie showed the realistic scenarios today where companies value money more than their corporate responsibility to the people. It is difficult for the companies to strike a balance between the two. Some critics of the social corporate responsibility mention that it only deviates company from their main economic role; however, I believe that it is still important if not expected for companies to think about the benefit of the people first. Companies, no matter how big or small, are still part of the social realm. The decisions they make will undoubtedly impact the lives of many people directly or indirectly. The instances where company decides to risk people for the sake of bigger profit constitute to great danger to many people because companies have the resources to continuously manufacture the defective products. The movie, for instance, despite many people already complaining about the safety of the product, the company stayed deaf to the pleas of their customer, as a business the customers should always be the main priority. Thinking about the customer, constitute not only to their satisfaction, but includes their personal safety and the safety of the society they live.
Thought Paper Essay Examples
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WowEssays. (2020, March, 04) Thought Paper Essay Examples. Retrieved November 21, 2024, from https://www.wowessays.com/free-samples/thought-paper-essay-examples/
"Thought Paper Essay Examples." WowEssays, 04 Mar. 2020, https://www.wowessays.com/free-samples/thought-paper-essay-examples/. Accessed 21 November 2024.
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WowEssays. Thought Paper Essay Examples. [Internet]. March 2020. [Accessed November 21, 2024]. Available from: https://www.wowessays.com/free-samples/thought-paper-essay-examples/
"Thought Paper Essay Examples." WowEssays, Mar 04, 2020. Accessed November 21, 2024. https://www.wowessays.com/free-samples/thought-paper-essay-examples/
WowEssays. 2020. "Thought Paper Essay Examples." Free Essay Examples - WowEssays.com. Retrieved November 21, 2024. (https://www.wowessays.com/free-samples/thought-paper-essay-examples/).
"Thought Paper Essay Examples," Free Essay Examples - WowEssays.com, 04-Mar-2020. [Online]. Available: https://www.wowessays.com/free-samples/thought-paper-essay-examples/. [Accessed: 21-Nov-2024].
Thought Paper Essay Examples. Free Essay Examples - WowEssays.com. https://www.wowessays.com/free-samples/thought-paper-essay-examples/. Published Mar 04, 2020. Accessed November 21, 2024.
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