Based on the WSJ Print Article - Firms Assess Gun Industry Ties Jenny Strasburg

Question

Based on the WSJ Print Article - Firms Assess Gun Industry Ties Jenny Strasburg      February 26, 2018

American corporations have generally stayed away from politically-sensitive debates, but many have been galvanized in recent days into assessing their exposure to gun-related issues.

Society impact and social responsibility are increasing concerns for business leaders as organizations work to have a purpose and positive impact locally and globally.

Leaders are increasingly engaging in decision making and public statements involving political situations.

ANSWER THESE QUESTIONS BELOW

1. Why are companies reassessing involvement with the gun industry?

2. What is the role of CEOs and business leaders in politically sensitive debates? Offer two ideas from the article.

3. How are business leaders in a unique position to impact the gun industry? How are business leaders impacted by external situations?

Explanation / Answer

1.The companies reassessing involvement with the gun industry because of in wake of school shooting in Parkland, Fla, company have the pressure to cut ties with the firearms industry.

2. The role of CEOs and business leaders in politically sensitive debates are as follows:

1. Social Leader- Some of the CEOs and business leaders participate on the debates related to some specific topic such as immigrations, gey rights etc.

2. Listener – The leaders simply listen to the debates and avoid to talk on it.

3. The business leaders are the shareholders of the company. They have the power to take decision. They impact the gun industry by their liaison. They connect the things more wisely. The business leaders impacted by the external situation because they are in a position to take decision. Hence, the decision that were taken by the business leader have the impact of environment, politics, legal, technological as well as economic. The company leader has to choose the correct path. The decision of the leader was influenced by the mentioned factors.

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