CULTURE : RELIGION

Religion

•         Religion is an important aspect of most societies. It affects the ways in which members of a society relate to each other and to outsiders.

•         Religion shapes the attitudes its adherents have toward work, consumption, individual responsibility, and planning for the future.

•         Hinduism emphasizes spiritual accomplishment rather than economic success. The goal of a Hindu is to achieve union with Brahma

•         Islam while supportive of capitalism, places more emphasis on the individual’s obligation to society. According to Islam, profits earned in fair business dealings are justified,but a firm’s profits may not result from exploitation or deceit.

•         Religion affects the business environment in other important ways.

•         Religion also affects the types of products consumers may purchase as well as seasonal patterns of consumption.

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