Big Business and Social Responsibility

The balance between big business and social responsibility is a struggle that has spanned our time on this planet. From the moment we decided to make use of our skills and produce goods to sell to others. We unknowingly began to have a direct impact on the larger group as a whole.

Fast-forward

Today we find ourselves in the unique position of yet another global crisis. As a result, we are inching closer and closer to a full on, blitz mode, end of days, walking dead territory. Due to this, we have panic shopping and hoarding of basic supplies. Now we are only two weeks in and the markets have plummeted, and continue to spiral. The airlines are skirting their responsibilities to customers and simultaneously looking for bailout money faster than the auto sector did in 2008.

Decisions made on the fly today, lead to the consequences of tomorrow

The fallout from this virus will be felt for years to come. There will be no shortage of new regulations. As well as, no shortage of monies to be made on new products and services. And finally, no shortage of questions and opinions. Leading to a flood of debate, consuming the airwaves and our lives in the foreseeable future.

Did the government act fast enough?

Should people be punished for trying to capitalize by selling protective gear at inflated prices?

Should the media be taken to task for their delivery of the message?

Does China slip back behind the red curtain? What does this mean for eventual air travel?

How does this change the global landscape?

Does hand sanitizer become the new Microsoft/hot stock?

So what now?

Whatever the future holds still remains to be seen. How will we treat each other, well that too is a mystery. Whatever the fallout is, profits will be made. The question remains, did we act responsibly?

Big Business and Social Responsibility By Michael Tesser

#coronavirus #covid19 #smallbusiness #bigbusiness #socialresponsibility