Several years ago a tsunami severely damaged parts of Japan. The Japanese people

Question

Several years ago a tsunami severely damaged parts of Japan. The Japanese people faced a very uncertain future with the possibility of nuclear meltdowns and radiation poisoning. The Japanese people desperately needed help to meet the simplest of life’s basic needs including food, water, shelter, and warmth. As humanitarian workers rushed to Japan, risking their lives to help these people, some global businesses “pulled out” and sold off billions of dollars in investment in Japan. Was the response of these global businesses ethical, socially responsible, in the best interest of their investors, and apt to backfire in the future?

Explanation / Answer

Absolutely this was not ethical. The companies are utilizing the resources of Japan, they are earning huge but the moment Japan was in danger these comapnei9s did not follow their responsibilities and pulled out the investment. This shows that those firms did not have any humanitarian value they are surviving only for money. The money should be them not they should be for money. The companies have responsibility toward the society. They are taking from the society such as their hard work, effort, money, resources, ability etc then they have to give back to the society. Japan is developed country and off course the country will back on track very soon because of their developed approach. But the action of companies toward Japan was not ethical. In fact Japan is sensitive country in terms of natural disasters. The foreign companies should have prepared before investing in the country.

It would have been better if those companies offered the county monetary help with food and shelter for needy.

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