BUSINESS PRACTICE FROM 4 MAJOR RELIGIONS PERSPECTIVE

1.0 Introduction

Business practices in the emerging global economy provide opportunities and challenges that require an ethical response. Frequently, this response is made within the setting where one or more religions have some influence on policy and practice. Recent developments in corporate and economic life for e.g. the case of Enron’s call for new policies and ethical responses. In response to said developments, novel academic and governance debates are emerging. These debates have local, regional and global dimensions and lack an appropriate forum (O’Brien, 2002). 

The main purpose of this paper is to investigate how the adherents of Islam, Christianity, Sikhism, Buddhism and Hinduism holding management position perceive and apply the concept of ethics in their routine office and personal business dealings.

1.0  UNDERSTANDING SELF-FULFILLING PROPHECY

We all know what a prophecy is. It is the knowledge of the future that may or may not turn out to be true. What then, constitutes a self-fulfilling prophecy? Let’s say I make a proclamation that “I’m going to have the worst day of my life”, chances are that I might act in a way that actually makes the claim come true. Similarly, if I say that “this is going to be the best day of my life”, my actions intentionally or intentionally might make my proclamation come true. If such a phenomenon takes place, it is said to have fulfilled a ‘Self-fulfilling Prophecy’.

IIUM- CONVOCATION CEREMONY 6 OCTOBER 2012

indeed all the praises are due to Allah the Most Beneficent, the Most Merciful. Ladies gentlemen, in conjunction with my 27th birthday anniversary, I would like to announce that I’m officially graduated with Master degree in Business Administration (MBA) from IIUM-Graduate School of Management,International Islamic University Malaysia also thanksgiving to my family, love of my life, friends, and all individuals who contribute by any how in this success. Without your guidance I couldn’t do it. Thanks again may Allah bless all of us.