Toyota, the world’s very first automobile manufacturer to produce more than 10 million vehicles per year with more than 330, 000 employees worldwide.  However, Toyota chose to go on the path of unethical failure in 2010 by ignoring the safety deficit and delaying call investigations over their own profit-earning.  According to the confrontation with safety concerns, Toyota revealed that the company saved up to $124 million for phasing in side airbags, as well as $11 million for delaying the rule for tougher door locks.

Being torn between making more profit and protecting customers’ rights and safety perfectly fits the “business ethics” situation, which disappoints me that Toyota chose profit without a blink of an eye.  During the board meeting, even the “apology” sounds the company’s only sorry that the got caught.  Performing “ethical business” is not only a legally right thing to do but more than a humane, moral behaviour.  When purchase products like vehicles, the contract is more like a promise than a legal document.  Customers would be expecting more when they bet their personal safety on it.

source : http://www.businesspundit.com/10-most-unethical-business-practices/?img=45148

image source: http://www.autoguide.com/gallery/gallery.php/d/145859-4/toyota-recall.jpg

Welcome to UBC Blogs. This is your first post. Edit or delete it, then start blogging!