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

See all articles by Sanjeet Singh

Sanjeet Singh

UCRD, Chandigarh University; Chandigarh University

Jagmeet Bawa

Punjab Technical University

Gagan Deep Sharma

Guru Gobind Singh Indraprastha (GGSIP) University

Date Written: June 1, 2017

Abstract

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

Singh, Sanjeet and Bawa, Jagmeet and Sharma, Gagan Deep, The Role of Management and Technical Education in Facilitating Holistic Business Goals (June 1, 2017). International Journal of Economic Research, Vol 14, No 4, 2017, Available at SSRN: https://ssrn.com/abstract=3013076

Sanjeet Singh (Contact Author)

UCRD, Chandigarh University ( email )

National Highway 95
Punjab
Mohali, IN Punjab 140413
India

Chandigarh University ( email )

Gharuan
Mohali
Mohali, Punjab 140413
India

Jagmeet Bawa

Punjab Technical University ( email )

Jalandhar, Punjab
India

Gagan Deep Sharma

Guru Gobind Singh Indraprastha (GGSIP) University ( email )

Sector 16 C,
Dwarka
Delhi, Delhi 110078
India

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