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Is it time to buy a bunch of "Michaels" stock?
You ultra-right business owners are just too dumb to live. Most Liberals would never have had any problem with Chik-Fil-A until Dan Cathy started spouting off, now Hobby Lobby is taking a stand it will lose regarding funding of the morning after pill, which is only abortion if you think life begins while you and your date are having after dinner drinks. They should take a lesson from Jim Perdue of Perdue Chicken, who probably has to bite his tongue and have epileptic fits wishing and praying that he could spout off about some Right Wing pet issue but has the common sense to know that businesses getting involved publicly in sensitive political issues is almost always a death knell for the company involved.
I suppose I have to ask a question here sooner or later, so:
What CEO or company will be next to go into some Yahoo Answers Politics & Government-style rant and risk destroying their company?
Gwennie--you make a good point. Perhaps I'm overstating this but he point of business is to make money. Making statements that isolate your business from some segment of the buying public is utterly counterproductive to the business itself. Either they are completely acting out without having htoiught of the repercussions or they think they can risk the flack without it affecting their bottom line. Chick Fil A may have had a huge surge of support from people who already go there but this is a business that was slowly gaining market share on KFC and could have overtaken them. It's a pretty safe bet that's not going to happen anytime soon now. My wife, who is nowhere are political as I am, acknowledged after the Chick Fil A thing that if Hobby Lobby came out against something she believes in, she would have to stop shopping there. (She's pretty upset right now realizing that shes' going to have to switch all of her shopping to Michaels, when she used to split i
1 Answer
- Gwennie BLv 79 years agoFavorite Answer
Thing is, I can't think of a prominent business that has gone under due to the right-wing views of its owners . . . they get some flack, but they also get tons of publicity, some renewed support (see: Chik-Fil-A), and a whole bunch of people who continue to frequent said business even if they disagree with those views.
I mean, if I'm wrong and I'm forgetting about companies that have seen a direct causal link between voicing political views or even engaging in the political process through donations and going under . . . if so, let me know.
EDIT: Yeah, I get where you're coming from; I just don't think there's much precedent to scare off business owners. If they could point to a famous business that fell due to public remarks, they'd have reason to keep it zipped, but none come to my mind.
I'd also add in that while businesses do exist to make money, businessmen are people, and people often have multiple and sometimes conflicting drives and goals. We all know, for instance, that the more customers you have, the more business you do and money you make- and yet there have been in the past and remain some businesses that have refused to serve certain clientele. Business owners have their own prejudices and opinions, and some may value being open/honest about their views over a dip in profits that might result.