Differing values and business perspectives of ford

Assignment Help Business Management
Reference no: EM133297990

Henry Ford, majority shareholder of the Ford Motor Company, announced that rather than pay a special dividend to the company's shareholders, he was going to reinvest the accumulated earnings in order to expand the company and hire more workers. He further indicated that he wished to lower the price of the Model T car to make it more accessible to the general public. Two minority shareholders, John and Horace Dodge, sued to require payment of the dividend. The court upheld management's right to make decisions for the benefit of the company; however, the court said that "the corporation is a business, not a charity," and found for the Dodges because Henry Ford's decision was to benefit the public instead of shareholders.

1. How do the differing values and business perspectives of Ford and the Dodges influence this case?

2. How should a present-day corporation balance corporate social responsibility with shareholder interests?

3. Do laws easily allow for both "profits and people" to be maintained?

Reference no: EM133297990

Questions Cloud

What is the name of that nutrient deficiency : Tell me more. If the nutrient deficiency disease has a specific name, what is the name of that nutrient deficiency?
What is the status of contract : Allen, a merchant, made a signed written offer to sell his motorcycle to Larry on May 1, 1999.What is the status of a contract, if any, between Larry and Allen?
Describe change dietary pattern to reduce : After reviewing the information, describe one way you could change your dietary pattern to reduce your risk for developing cancer.
Element of a contract is met by bargained-for-exchange : Which element of a contract is met by a bargained-for-exchange?
Differing values and business perspectives of ford : How do the differing values and business perspectives of Ford and the Dodges influence this case?
Fallacies of tests used to help affirmative action : Describe three fallacies of tests used to help Affirmative Action. Why do you think these are unethical?
Examine various entrepreneurship opportunities : Consider the town that you live in- the economy, the businesses that exist, the culture. Now imagine that you have already acquired a degree in culinary arts.
Torts and Crimes-Intellectual Property : Discuss the potential violations related to intellectual property rights. Discuss whether Carlos has committed any torts or crimes
Exotic used car dealership : At Rip-Off Motors, an exotic used car dealership, you are the general manager and Slick is your dishonest salesperson.

Reviews

Write a Review

Business Management Questions & Answers

  Can people increase their collaboration skills

Eexplain why it is an important skill for business professionals. Describe what is working with regards to your group's process and what is not working. Can people increase their collaboration skills? If so, how? If not, why not?

  Evaluation of the business''s primary customers

All references MUST be included, and you can utilize an appendix for any extra information that you would like to include.

  Business professionals use internet technologies

How do successful business professionals use Internet technologies and collaboration tools to reach their company's goals? Provide examples of each

  Benefit of maintaining massive collection of data in cancer

benefit of maintaining massive collection of data in cancer registriesdetails even with the use of registries to share

  Implications for managing global and virtual teams

Discuss current issues that managers face when managing teams. In your answer draw on the implications for managing global and virtual teams

  Mentoring employees and grooming them for future

Most mentorship programs are focused on internally mentoring employees and grooming them for future opportunities. 100 w/c

  Descriptive statistics for all numerical variables

Provide tables to summarize descriptive statistics for all numerical variables

  Explain board of directors annual meeting date.

Create a fictitious organization for which you answer all the questions and tasks in the weekly assignments. Explain Board of Directors annual meeting date.

  What are the specific activities that salespeople carry out

1. What are the specific activities that salespeople carry out? 2. Based on the choice of the most suitable means for each activity?

  Human capital with organizational strategies

Need help- In what ways does human resource management process align human capital with organizational strategies?

  Six traits of derailmentselect a past or present manager

six traits of derailmentselect a past or present manager and state whether he or she has any of the six traits of

  Change concepts intersect and crystelintersect investments

change concepts intersect and crystelintersect investments executives are pointing fingers because of internal

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd