The National Basketball Association (NBA) is the premier basketball league in the world. It plays its games in North America but recruits players from all over the world. Because of this level of recruitment, the NBA has established a global market for its product – measured in viewership, advertising revenue, and the sale of trademarked merchandise.The Corporate Social Responsibility of the NBA can be seen as operational on three separate levels – the league, its member teams, and its players and staff. In fact, the NBA prides itself in saying that it makes CSR a philosophy, not a department. Further still, the league has credited its players and management personnel as having really led the charge. The NBA has said that “social responsibility becomes a core tenet of who you are”. As such, the NBA respects the concepts of truthfulness and transparency in its marketing and advertising strategies. The league and its partners have embraced both environmental sustainability and social sustainability as both moral and ethical imperatives. The NBA’s CSR is clearly out there in the public view and heavily promoted online.In October of 2019, an NBA Team Executive made comments on twitter about the current political situation that has been unfolding in Hong Kong. The Chinese Government took offence to the comments. The comments were almost immediately withdrawn from the twitter account, but the damage seemed to have been done and a crisis was quickly in the making.At the time, the NBA was involved in a multibillion dollar deal in China in the continued promotion of its game of basketball. China is the largest market outside of the United States that the league had targeted for development and expansion. The incident has placed in jeopardy the NBA/China business prospect.The Government of China, a communist regime, has taken a hard line in others meddling in the country’s social justice issues. The parties involved are at a stalemate. Economic issues are in jeopardy because of non economic concerns. The business world is closely watching.The NBA’s belief in CSR is being challenged. If the NBA is truly and sincerely committed to all that it has previously said and done and perhaps even benefited from, should it cling to those expressed values even if that means the loss of the lucrative economic deal? In the alternative, should the NBA instead back off on the social justice values advanced by one of its own in a recognized democratic way and salvage the economic deal? Is there any real compromise here? Would a compromise be seen as selling out on CSR in favour of a pure economic choice? To date, a cone of silence has descended over the episode.How will it be resolved? How should it be resolved? If you were advising the NBA in the overcoming of this multi billion dollar crisis, what logical proposal would you proffer that could make sense in the accommodation of all the stakeholders?
I think that it is fair to surmise that the pressure here is pretty much one sided… that is, on the NBA. We should assume that the position of the Chinese Government with respect to its views on the issues of its social and political policies is both non negotiable and unretractable.This is a real life problem. It touches on everything that we have researched and discussed in our last seven weeks. Draw on that knowledge to address this issue. The competing views are very much polarized. Through this Assignment, we join an army of many who are currently engaged in a similar exercise for the parties who have a great financial investment in the eventual outcome.
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
Looking for a Similar Assignment? Our Experts can help. Use the coupon code SAVE30 to get your first order at 30% off!