IMPACT OF BELIEF SYSTEM Flashcards
It is a set of MORAL PRINCIPLES and guidelines that must be respected and followed by those who would be identified as members of the religion.
RELIGION
is a set of principles or tenets which together form the basis of a religion, philosophy, or moral code. Historically, since the dawn of civilization, religious beliefs have been some of the most powerful influences on human behavior. This lesson defines religion and explores its impact on business practices.
A belief system
is defined as a set of beliefs concerning the cause, nature, and purpose of the universe, especially when considered as the creation of a superhuman agency or agencies, usually involving devotional and ritual observances, and often containing a moral code governing the conduct of human affairs. It is a systematic set of beliefs that influences human behavior.
Religion
8 MAJOR RELIGIONS IN THE WORLD
CHRISTIANITY
JUDAISM
ISLAM
HINDUISM
BUDDHISM
CONFUCIANISM
TAOISM
SHINTOISM
businessmen and women follow the stewardship doctrine. Accordingly, as God appointed mankind as the stewards of the earth, the Lord entrusted them all his resources to manage them with care and skill. Christian business professionals depend on the Lord’s leadership for their business by asking blessings through prayer to provide strategic direction, resources, eamings, etc. Christian business professionals also believed that the Lord delight in justice. Therefore, in conducting a business transaction, they must be fair, like paying the workers with fair wages and appropriate work conditions.
Christian
The Jewish business ethics is illustrated by the widely quoted Talmudic tradition that in one’s judgment in the next world the first question asked is: “Were you honest in business?” Thus, in the treatment of workers, the Jews are obliged to pay their workers on time, pay their workers a living wage and treat their workers with dignity and respect. On the side of the workers, it is important not to steal company time.
JUDAISM
Prophet Muhammad’s doctrine on honesty and kind dealings with customers are the secrets of success in business. According to Islam, no fraud or deceit, sellers must avoid making many oaths when selling merchandise. Mutual consent is necessary. They are also strict when it comes to weights and measures. The prophet also forbade monopolies and a free enterprise is encouraged. Hoarding merchandise to increase the price is forbidden. Islam also requires being honest in dealings with Muslim and non-Muslim alike. Gambling is restricted among Muslims. They are not allowed to invest in the stock market because it is considered gambling activity, But they are not restricted from engaging in business activities or making a profit.
ISLAM
The third religion in the world by a number of believers mainly in India. The Tata Group is the most respected business house in India. The five core Tata values describe their business processes. 1.) Integrity is to conduct business fairly with honesty and transparency. 2.) Understanding is to care, show respect, compassion and humanity for colleagues. 3.) Excellence is to constantly strive to achieve the highest possible standards of work in the quality of goods and services. 4.) Unity is to work with colleagues and 5.) building a strong relationship across the group, and with customers and partners around the world, based on tolerance, understanding, and mutual cooperation and to continue to be responsible.
HINDUISM
Work hard, no excuses, to those who do not want to work, they let their chance pass by. A good work ethics and a
great attitude, very little will stand in your way. If you work hard, rest well, is one of the values of practicing Buddhism is a focus on centering and balance. The Buddhist practice of mindfulness can be a key to good business. Remember to be calm, and not to obsess too much about positive or negative feedback.
BUDDHISM
Confucian ethics are described as humanistic. Confucianism is the most profound and dynamic thought system in traditional Chinese culture. It is not surprising that traditional Chinese business culture was deeply associated with Confucianism.
CONFUCIANISM
Taoists believe such good behavior is an essential part not only of self-improvement but of improving the world as a whole. Taoism suggests that the ideal way for a leader to run their country is by example. A good leader is one that the people respects and whose instructions are willingly followed.
TAOISM
Work is understood to be a self-expression of the great life force, Japanese people try to unify themselves with the great life force by concentrating on their own work. For Japanese, the company name is more important than the job title, the community they belong to is much more Important than what they do.
SHINTOISM
