The Role of Management and Technical Education in Facilitating Holistic Business Goals
International Journal of Economic Research, Vol 14, No 4, 2017
Posted: 13 Feb 2018
Date Written: June 1, 2017
The present study investigates the role of education in shaping the business to achieve its real goal, which is holistic in nature and involves individuals, families, society and nature. The study also discusses how education can facilitate the business to coexist with these four levels of existence. The results show that the current education is stressing merely on how to produce or manufacture without involving what to produce and why to produce. The findings reveal that the businesses are concentrating on the need creation rather than the need identification. Management and technical education is playing a vital role in this by teaching how to create the market for a product. The study also uncovers the fact that business is making the profit on the name of Corporate Social Responsibility. The study brings out the changes required in management education system in order to make business sustainable and holistic.
Keywords: Management Education, Business goal, Individuals, Families, Society, Nature
JEL Classification: A29, M19
Suggested Citation: Suggested Citation