...Business and religion Business and Religion, just by looking at these two words, it looks like they are just completely different words and nothing is related to each other. But that is wrong. Business and Religion, these two are deeply related and difference in religion can influence the way of operating business and also the way of communication. Religion is one of the important key factors that we all need to know when we try to step into global business and dealing with people from other country or the other culture. There are countless religions around the globe but there are eleven major religions around the world. Those are Hinduism, Judaism, Zoroastrianism, Buddhism, Shinto, Confucianism, Jainism, Taoism, Christianity, Islam and Sikhism. 2.1 billion people around the world believe in Christianity, which ranked most number of adherents and Islam is the 2nd most and has 1.5 billion adherents. In some country, religion and the way of people living, including business and communication are tightly related. And most of the countries have the major religion, which most population believes. In this research, you will see example of 4 countries and their religion and showing how their religion is influencing their way of people living and the way of business and communication. First example is United States of America and Christianity. 224,457,000 people are the adherent of Christianity in USA. This is about 85% of USA’s population. There are cases that often company incorporates...
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...Business Ethics 2 Business ethics is certain behavior that a business follows when dealing with people in the business world. Many businesses have made a bad reputation for themselves because they are only interested in making money, an example of this would be the Enron case. Many of today’s top corporations have been fined a lot of money for unethical decisions. Ethical behavior in business improves the well-being of the individuals because it promotes things such as generosity, and compassion for each other and their customers. Ethical behavior among businesses can be enhanced when there are conferences between CEO’s of the organization and their employees talking about the standards of the organization. One way to find out if there is an understanding of ethical behavior is to ask employees if they understand the core values that make up the business. If they do not know them employees may unknowingly be practicing unethical behaviors that the company may not tolerate (2007, Nov 9). One out of every three major corporations offers some kind of ethical training which helps their employees to work through difficult situations. For example these programs will help employees to better understand and handle situations when they are confronted with a situation involving unethical behavior being exhibited by another employee. If companies do not have any of these programs they can expect unethical decisions to be made by their employees (White). In recent years companies...
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...THE IMPACT OF RELIGION ON INTERNATIONAL BUSINESS ABSTRACT The world economy is changing quickly and as that is happening, so is the trade between countries. International trade is a rapidly growing industry. Not only does the exchange of goods have an economic impact, but it also has a cultural dimension. This paper discusses the potential ways that religion has an influence on international trade. It will review the most influential world religions, being Hinduism, Judaism, Buddhism, Christianity, and Islam, on economic activity, and more particularly, their impact on trade. The conclusion will reveal that being open to different religions increases trade performance in different countries. OUTLINE 1. Introduction 2. The effect of religion on work habits 3. Discriminatory and Non-Discriminatory Networks 4. Trade-enhancing networks and religions—Influence of Religions on Trade 5. Effects of cultural tendencies 6. Hinduism 7. Judaism 8. Buddhism 9. Christianity 10. Islam 11. Effects of Religion on Trade 12. Conclusion BIBLIOGRAPHY Anderson, James E. and Eric van Wincoop. 2003. Gravity with Gravitas: A Solu- tion to the Border Puzzle. American Economic Review. 93(1): 170-192. Arruñada, Benito. 2004. The Economic Effects of Christian Moralities. Economics and Business Working Paper Series, 743, March, Universitat Pompeu Fabra. Britannica Book of the Year. 2005. Chicago: Encyclopedia Britannica Inc. Barber Benjamin...
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...Religion in the Workplace Dan Walker May 2, 2013 Religion in the Workplace As our country expands our workforce and the more markets go global, the workplace is forced to respond to religious differences and requirements in order to establish policy and remain in compliance with workplace harassment and discrimination laws as the workforce includes many more and diverse cultures in the ranks. This country was built on Judeo-Christian dominations and sects, but as the workplace expands, more and more non-Christian cultures are included that have different and more complex requirements. Christian culture dominates the American workplace and business and has since American’s colonial beginnings. Religious groups that enjoyed the highest standing during America's colonial period are still favorably positioned in the religious hierarchy. Studies in the 1990s show that Americans are much more likely to claim affiliation with groups ascendant during the colonial period (Episcopalians, Presbyterians, Quakers, and members of the United Church of Christ) than one would expect based on the representation of these groups in the general population (Davidson, 2003). Muslims have required times of prayer during the day and people of the Jewish faith are required to not work on Saturday to honor the Sabbath (Stern, 2011). Just these two examples have flown directly in the face of much of business schedules and practices in the past, and have required people who hold to these faiths to...
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...covers approximately an area of about 7.6 million square kilometers. The social aspects in Australia are highly valued since they act as the unifying factor in the country they include, language, religion, arts and the sporting culture (Frankie, 171). The social aspects determine the future of the country both economically, socially, and politically. Language is the first aspect; many people are urged to learn the national language which is English and also a unifying factor among the people. There are also a variety of other languages that are used in Australia such as Greek and Vietnamese. Another aspect is that of religion, where most of the citizens in Australia are Christians by religion. Australia is recognized as a nation with a wide cultural diversity due to the many religions practiced. The earliest religions date way back to the islander people who existed around 60, 000 years ago. There is no official rule in the nation that restricts people from practicing any religion as long as they respect the law. Australia is also famous for its vibrant and fine art that showcases the rich culture among the Australian society. The visual arts has shaped and improved Australia’s image worldwide mainly due to the talented visual artists that exist (Lee, 110). A common feature of the business industry in Australia is that of a non-hierarchical democratic culture. Power is not assigned spontaneously to an individual merely because of their stature. Achievement...
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...of Cultural issues on International Business performance International business is dependent on co-operation and understanding. It is difficult to achieve this when there are so many inevitable cultural differences between countries and traders. While globalisation has meant the breaking down of many barriers, there are still issues that are unresolved or in need of some further development. Cultural issues such as communication, especially linguistically, religion and a cultures taste or preferences are still important today. When we look to the future these issues becomes perhaps even more important as international relationships continue to grow. The development of markets and the emergence of strong economies such as India and China are challenging the European market and deserve our attention. Therefore, we must examine these aspects over the range of geographical areas and evaluate their status and potential to develop further. The first major aspect of cultural issues can be seen in the obvious language barrier. If we look at China we can see that there are important aspects such as not just having phonetic translations of a product which will be confusing and irrelevant to a Chinese consumer. If it cannot be related to then it decreases the likelihood of being bought. Distributors have even been known to refuse to sell a product without a suitable Chinese name. However, it is not always just the translation that affects business. Meetings with a mix of native and...
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...Transformations to Open Market Operations Doing business internationally is not the same as doing business at home. There are new skills to learn and new knowledge to acquire about the country that the company will be going into. The company will need to learn about the different laws and regulations, the different customer buying habits, and change the marketing strategies and materials to appeal to the new country the company is entering. It is important to remember that the way the company operate its business will be determined by culture of the market it’s entering, not ours. Understanding both the social and business culture in another country is the first key to success. Our world is becoming increasingly connected and global and the role of international business is increasing. Each country has its own set of unique customs and traditions. Each citizen’s beliefs define the cultures by which each citizen abides by in normal everyday life, serving as the very foundation of the country. For example, in Saudi Arabia a citizen convicted of stealing will have his had cut off. In the United States, a citizen convicted of stealing would possibly recieve only short term probation. The American Heritage Dictionary defines culture as, “The totality of socially transmitted behavior patterns, arts, beliefs, institutions, and all other products of human work and thought characteristic of a community of population.” Seemingly minuet gestures or situations which carry different...
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...diversity is necessary so that employees can reach their full potential, maximize productivity, and create a positive work environment by which everybody is accommodated. By understanding the positives and negatives of having religion and spirituality in the workplace, it is clear that there are advantages and disadvantages. Positive aspects of integrating religion or spirituality into the workplace may include improved worker performance and better relationships between management and employees. There are disadvantages as well, such as discrimination, and resistance to religious culture, which can reduce productivity and may lead to legal issues. Law and Regulation The most common way a company integrates religious views into their work place would depend if the company were public or privately held. For example, if the CEO of a private organization was Christian there might be rules for allowing extra prayer time at the work. Under federal law, regarding religious expression in private work areas, “Employees should be permitted to engage in private religious expression in personal work areas not regularly open to the public”(Earp, 2008). Publicly held organizations must allow for prayer during the day and if the other employees are atheist or another religion they must be respectful. As long as work is being completed during work hours all religious practice is acceptable. Under federal law, “religious expression directed at fellow employees is permitted to engage in religious...
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...Introduction Islam is a one of the major religions in the world. Its basis is from the prophet Mohammed who travelled to hills, deserts, and wilderness. The prophet travelled to mediate and reflect. Through this, he came up with revelations as a new man. The revelations made his followers believe Allah had transformed him. At first the Islam, was an Arab religion. Many practices and beliefs were added unto it making it popular that aided its rapid spread. During the Arabic century, many things were at stake. Mohammed teaching on Islam revolutionized everything. He brought changes in the social security, family and women were given rights. He improved the society that was under Arabic influence. He established both religious and social life for many races. Mohammed made Islam to responsible for providing basic needs for the captives . The women in the ancient societies considered women as inferior compared to men. The Islam teachings revolutionized the idea. The recent world sees women as people capable of doing anything. They are viewed as strong like men. They engage in activities that were meant for men. Women are able to make decisions, provide for the family and even work as engineers and in factories. The laws of Koran brought revolution in social relations . The Koran taught people on the importance of production. This helped in quickening trade. The Koran taught people on tolerance . This kind of faith and believe helped traders to travel distant lands, mingle with...
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...Islam teachings: How Islam teachings revolutionized the world Name Professor Institution Course Date Introduction Islam is a one of the major religions in the world. Its basis is from the prophet Mohammed who travelled to hills, deserts, and wilderness. The prophet travelled to mediate and reflect. Through this, he came up with revelations as a new man. The revelations made his followers believe Allah had transformed him. At first the Islam, was an Arab religion. Many practices and beliefs were added unto it making it popular that aided its rapid spread. During the Arabic century, many things were at stake. Mohammed teaching on Islam revolutionized everything. He brought changes in the social security, family and women were given rights. He improved the society that was under Arabic influence. He established both religious and social life for many races. Mohammed made Islam to responsible for providing basic needs for the captives. The women in the ancient societies considered women as inferior compared to men. The Islam teachings revolutionized the idea. The recent world sees women as people capable of doing anything. They are viewed as strong like men. They engage in activities that were meant for men. Women are able to make decisions, provide for the family and even work as engineers and in factories. The laws of Koran brought revolution in social relations. The Koran taught people on the importance of production. This helped in quickening trade. The Koran taught people...
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...Examining World Religions Religion, in many forms, has had the most profound influence on human society throughout history. Religion is the basis for many human traditions, value systems, and conflict throughout the history of human civilization. Most people would generally view religious traditions and moral belief systems to be positive, perhaps with some exceptions. However, conflict is a major part of religious history worldwide. Religious persecution of believers and also persecution of unbelievers by members of religions is still a part of human life worldwide. Some may dismiss this idea based on their ignorance of the subject or their own personal detachment from such situations; however, religion surrounds the American culture and other cultures worldwide. Understanding religious traditions, relationships, and foundational beliefs enables humans to understand their differences and better prepare themselves to make decisions regarding religious interactions in the appropriate context. Religious Foundations C.S. Lewis once said, “I believe in Christianity as I believe that the sun has risen, not only because I see it, but because by it I see everything else,” (C.S. Lewis Foundation, 2010). Lewis expresses the importance that his faith has in his life, just as so many others might view their faith as intrinsic to their lives. Although many religious people might view their faith in this way, religions vary in several ways. Some religions express faith in a singular...
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...BUSI604: International Business Global Cultural Analysis: Japan Liberty University June 24, 2013 Abstract This paper provided an opportunity to take a deeper look into the country of Japan by conducting a Global Cultural Analysis. Throughout this paper the following four research areas were explored: 1.What is the major elements and dimensions of culture in Japan? 2. How are these elements and dimensions integrated by locals conducting business in Japan? 3. How does U.S. culture and business compare with the elements and dimensions of culture integrated by the locals conducting business in Japan? 4. What are the implications for U.S. businesses that wish to conduct business with Japan? Japan has the third largest economy in the world. Having one of the largest economies comes with many rewards as well as challenges. Japan’s main reason for success is their culture. “Japan’s culture stems first from bushido, an ancient code that exalts loyalty to one’s superiors” (Emery, 2001, para.1). Japan has also been successful in part because of their superlative electronic and Information Technology industries as well as a very strong automotive industry. Imports and exports have been in instrumental in Japan’s success. “Japan is the 5th largest importer and exporter in the world,” (Japan Export, & Trade, 2013, para.1). Despite Japan’s prominent position, they have been experiencing major financial issues just like the rest of the world. Japan’s...
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...Running head: GLOBAL BUSINESS CULTURAL ANALYSIS: TURKEY Abstract A global business cultural analysis is a tool used in order for one to become more familiar with a culture, more attune to the implications that the culture has on the business conducted by the people group of the culture, and more aware of the attitudinal and behavioral implications a member of a different culture should expect when working with members of the people group. In exploring the varying cultural elements, one examines the role and perception of women, the role and influence of religion, and the role and perspective of time. The cultural elements have an impact on business that should be considered by a U.S. American seeking to conduct business with members of this people group. Global Business Cultural Analysis: Turkey Primary sources serve to provide a foundation for definitions when pursuing a research project. They are also beneficial for defining terms and establishing reasons behind why one might pursue a particular research topic. When beginning a global business cultural analysis, it is important to understand what is meant by the term culture. Hofstede defines culture as “the collective programming of the mind that distinguishes the members of one group or category of people from another” (Hofstede, 2001, p. 9). The people group focus for this study is the members of the Republic of Turkey. Though the culture in Turkey differs from that of other people groups around the world, this...
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...Corporation has decided to expand their business to India. The study was authorized by the CEO of Target when all other crew of the company approved for expansion business to India. The CEO of Target Corporation requested an evidence to show the positive impact of expansion. Our conclusion that Target will have positive impact in India is based on scholarly articles, cultural books and research. In order to achieve success in India, the company will have to consider these aspects of the culture: * Social customs: Target needs to adapt various cultural, religion and taste preferences. * Family life: Big quantities will be sold much faster as the basic building block of Hindu society is the joint or extended family. * Religion and Folk belief: Religion has a huge impact on the daily life of almost everyone in India. Business have to holidays on holy festivals of India. * Economic Institutions: Employees must get paid a monthly salary. Target has to compete with “Kirana” stores that sell groceries and food to consumers at a low price. On the basis of these findings, it is recommended that Target needs to offer products not only at a lower price but with good customer service. Target Corporation has to avoid selling beef and pork in stores. Also, Target has to change their stores layouts while expanding its business all over India. INTRODUCTION: TARGET’S OVERSEAS EXPANSION Target Corporation is expanding its business abroad. A report was requested...
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...workers are speaking Japanese, the manager will be expected to communicate in Japanese as well. Another challenge in managing across cultures is cultures. Managers must understand that other cultures do not conduct business the same as they do in the United States. Before doing businesses in other cultures, managers need to study the culture of the country they will be working in. They need to become familiar with business etiquette, time management, dining etiquette, nonverbal communication, religion, and personal space. If managers have an understanding of the previously listed concepts, they will be successful in managing in another country. For example, a manager doing business in Greece should be aware of how Greeks feel about time management. Managers should leave ample time in their schedules when conducting business meetings in Greece. Greeks are not strict about time and it is common for meetings to start late. They are also big on developing personal relationships. When conducting a business meeting, it will be common for someone to interject and ask personal information about income, weight, and marital status. One should not become offended because they are only trying to build a relationship. A deep relationship will result in a successful business venture in Greece...
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