The recent tweet from Daryl Morey, general
manager of Houston rockets, has put billions of dollars of NBA in a predicament.
The tweet about Hong Kong has placed NBA on the cusp of losing all the
investment it has done in China. Hong Kong has been the principal focus for the
world to target China because of violation of human rights. China has made it
clear that it wishes to circumvent attention gravitating towards its relation
with Hong Kong. NBA’s concern for Hong Kong isn't negligible because this
incident's been assessed from the right of freedom of expression as well. The
argument clearly states that China can't control the rights of another person
expressing his views. China has also asked NBA to fire Daryl Morey and this has
further exacerbated tensions between China & NBA. The trade war hasn't cooled
down yet and another clash between big American corporate and communist China
is surging.
If the feud between China and NBA doesn't settle
down, NBA would lose its base of 800 million fans (almost triple the population
of the US) hurting their profits and business. China's been a lucrative market
for NBA and other big corporates, thanks to the population of China and per
capital income of people there.
However, the bigger feud here is between values
and capitalism. Both arguments stand correspondingly valid as one corporate
just can’t relinquish diligence and years of work for a tweet. However, is
money and investment superior to the right of an individual? Nonetheless, this
beef underscores the crucial role of politics in business and entrepreneurial
side of the world. Should a business modify its policies just to make the government
pleased? Should a company give up on its values and work in accordance to the
interest of policy makers and politicians? The answer is still ambiguous in the
business world.
Badhia
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