September 2005
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3 Reads
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3 Citations
SEDME (Small Enterprises Development Management & Extension Journal) A worldwide window on MSME Studies
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September 2005
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3 Reads
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3 Citations
SEDME (Small Enterprises Development Management & Extension Journal) A worldwide window on MSME Studies
July 2005
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493 Reads
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2 Citations
Asia-Pacific Journal of Management Research and Innovation
Business and society have been coeval since time immemorial. Only the nature of relationship between the two has undergone change from profit-drenched motive to people motive. Business history all over the world is replete with such examples that ultimately deremine whether the businesses conducted in an ethical or good manner survive and succeed and those conducted in an unethical manner flounder and fizzle out in due course of time. The reason is 'Satyamev Jayate' i.e., only the truth wins. It is against this background, the present paper makes an attempt to explain and exemplify how ethical conduct of business proves good for business itself.
... The business history is replete with evidences to believe that business flourishes only where society thrives. On the contrary, business dies when society condemns and rejects it (Khanka, 2006). No business can survive without societal approval and sanction. ...
July 2005
Asia-Pacific Journal of Management Research and Innovation