Question

Describe the Evolution of Business Philosophies

Answer 1

Business philosophies are vision and goal of a business entity for which it is established.
It is a set of principals, which applied and persued to reach at the success. Business philosophies
applied to the profitability, customers, employees, services & products.
Evolutuon in business philosophies has come with the time changes but mission or goal does not
changes and from promoters to employees each follow the set of principals and rules in ethical
manner with the development of practices to achive the goal and vision in the way to safequard
the interest of stakeholders. Another evolution business philosophies are corporate governance
including monetory and non monetory contribution in necessary areas of nation to achive the object
of business philosophies.