Question

In: Economics

share your PERSPECTIVE (NOT YOUR OPINION) and detailed understanding of "Conscious Business" as described and explained...

share your PERSPECTIVE (NOT YOUR OPINION) and detailed understanding of "Conscious Business" as described and explained by Raj Sisodia, and share your perspective and understanding of the influence human irrationality may have on the administration of law and the management and operations of a business.

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Expert Solution

Business firms always the responsibility of maintaining the proper corporate governance, cordial relationship with the government and of possessing the corporate social responsibility of supporting and reducing the act of environmental checks threatening the environmental safety through the effects of production activities of all business ventures in all the areas. Based on above facts Author Raj Sisodia has explained his ideas through his book "Conscious Business". I wish to share my perspective look on his views on human irrationality towards administration of law and the management and the operations of a business.

The descriptive views of Raj Sisodia emphasizes mainly on the role of the business nature of comprehending the pain as well as difficulties facing by the people in the society either in the form of massive business unethical way of effects nor the ineffective policy of the government to prevent the massive effects of unlawful behavior of the business operations. It is not just the normal duty of every business venture executives to take part in the morale operations to reduce the effects but it is the operations of inbuilt and significant responsibility of higher level hierarchy people to govern the public concern from the four point of views.

Such point of views are namely higher purpose, stakeholder integration, good leadership of guiding the employees in the right path of respecting the human values, prudent management of operating the CSR activities towards improvement of the betterment of the people are really acts as guiding path of growing and existing entrepreneurs to practice those qualities of good understanding of operations and implementing in order to improve the loyalty and morality towards welfare of the people based on their results of good reputation on the business ventures running by all corporate companies.

On the other hand, human irrationality behavior of business operations with respect to the improper administration of law poses the big challenge for environment protection. The book "Conscious Business" mainly insist on unlawful activities of administrative machinery of the corporate bodies. Companies producing power sources of energy, electronic goods and other emission producing goods needs more attention of producing into full products without affecting the people in the form of breathe problems, consuming polluted water, skin problems, liver problems and all the problems effecting the other parts of the body. This book has the significant object of making the firms to understand the seriousness of the problems of breaking the cordial relationship between the public and the firms. Such relationship should not be affected because of firms unlawful act of human irrationality on environmental issues. And also firms should help people in the fields of education and to avail other facilities to run their daily routine life. According to my perspective, the book "Conscious Business" shares the views on improving the broader outlook of the business ventures to maintain the loyal and moral relationship among the society and also doing some welfare service to the people.  


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