Material culture can be defined as tangible objects produced and used by man to satisfyhis needs and wants. Material element chart have three main branches, that are economicinfrastructure, social infrastructure and financial and marketing infrastructure. These 3 branchescontain different elements. As a business man if am going to operate in a country I have toContinue reading “Material Element Chart”
Tag Archives: business ethics
REINFORCEMENT THEORY of Motivation
BF Skinner and his associates proposes reinforcement theory of motivation. It states that individual’s behavior may be a function of its consequences. It is law of effect. A person’s behavior with positive consequences tends to be repeated, but individual’s behavior with negative consequences tends to not be repeated. In simple words when a manager givesContinue reading “REINFORCEMENT THEORY of Motivation”
Islamic concept of business focusing on Gainful and losing business.
Doing business is one of the sun-nah of Holy prophet (P.B.U.H). Before he was appointedas prophet he use to be a merchant. Islam appreciate if a person do hard work and earn moneyfor himself and his family. Allah dislikes the lazy people. The Islamic concept of Gaining business contains 3 major elements those are knowingContinue reading “Islamic concept of business focusing on Gainful and losing business.”
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