discuss the role of religion and education in mo

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discuss the role of religion and education in modern business transformation with appropriate examples

Chelsea10 · Answer

Hi, below is an answer that I found on Chegg that matched your exact question. Please put it in your own words so that you do not get plagiarized. Let me know if you have any issues. Thanks. Chelsea.
Role of Religion in modern business
We live in a world where religious populations will dramatically outgrow religiously unaffiliated populations. According to the Pew Research Center, the global religiously affiliated population is projected to grow by 2.3 billion between 2010 and 2050 compared with almost no growth in the religiously unaffiliated population (about 0.1 billion). This is more than a 23-fold difference in favor of religious populations. That’s like religion “winning” 23-to-1.
This religious growth is also changing the global marketplace. Today, three of the top five economies are Christian-majority. But in 40 years, only one is projected to be. The other four top economies in 2050 will include countries where Hindus, Muslims, Buddhists and the unaffiliated predominate.
Research shows that this religious growth can be good for the workplace and the bottom lines of businesses –– as long as it is accompanied by respect for freedom of religion or belief by governments and societies. In such countries, innovative strength is more than twice as high as in countries where governments and societies don’t respect freedom of religion or belief.
So, freedom to believe – or not believe – is good for business. We can see this in the world’s two largest economies.
First, China. Admittedly it is perhaps a counter-intuitive example. During the Cultural Revolution of the 1960s and 1970s, religion was completely outlawed and people were routinely beaten and killed for having superstitious or religious beliefs. While it is true that today China has very high government restrictions on religion relative to other countries in the world, current conditions are far less restrictive than they were in the 1960s and 1970s. Today, China has the world’s largest Buddhist population, largest folk religionist population, largest Taoist population, 9th largest Christian population and 17th largest Muslim population – ranking between Yemen and Saudi Arabia (Pew Research Center 2012). It is undeniable that had the Cultural Revolution’s draconian restrictions on religion and all segments of society continued, China’s economic progress would not have been possible.
Second, the U.S. Religion annually contributes nearly $1.2 trillion of socio-economic value to the U.S. economy. That is equivalent to being the world’s 15th largest national economy, putting it ahead of about 180 other countries. &mdash; It’s more than the annual revenues of the world’s top 10 tech companies, including Apple, Amazon and Google. &mdash; And it’s also more than 50% larger than that of the annual global revenues of America’s 6 largest oil and gas companies. So – you might say – that represents a lot of spiritually inspired fuel being pumped into the U.S. economy.
Religion-related and religion-friendly business add about $438 billion to the US economy each year. These include faith-based businesses, ranging from the Halal and Kosher food industries to religious media such as EWTN and the Christian Broadcast Network. The largest group within this sector are not religious companies, per se, but are faith-inspired or religion-friendly companies. Tyson’s Foods, for example, employs a large force of chaplains for their multi-religious workforce.
Worldwide, a number of companies adhere to a religious or belief-based ethos. For instance, Sanitarium, the most popular breakfast cereal company in Australia, is owned and operated by the Seventh Day Adventist Church. As a practical demonstration of the Church’s doctrinal dedication to health and well-being, Sanitarium is a South Pacific leader in producing healthy products and in organizing community programmes to encourage healthy lifestyles.
Major global companies are adding religion as part of diversity and inclusion programs. Recently, EY created an online program, Religious Literacy for Organizations, winning EY UK Chairman Steve Varley a Global Business & Interfaith Peace Award at a March 2018 gala keynoted by former UN Secretary-General Ban Ki-moon, with the collaboration of the UN Global Compact.
Bloomberg, DTCC and The Walt Disney Company are sponsoring the 3rd Annual Tanenbaum Religious Diversity Leadership Summit on May 10 at Bloomberg headquarters in New York. At the summit I will discuss the global traction of the Corporate Pledge on Religious Diversity & Inclusion, which has a growing number of signatories including the CEOs of Hyundai Elevator, Berkshire Capital, The Edmond de Rothschild Foundations, Yuhan-Kimberly and the Mizan Group, Indonesia’s largest Muslim publisher.
Religion, not just religious diversity and inclusion, also animates business leaders. Here, at the annual Horasis Global Meeting of business and world leaders, five CEOs will share with their peers how their faith inspires and animates their work in business. And faith is a consistent topic at the annual World Economic Forum meeting in Davos, ranging from special sessions on the power of faith to informal events like the Davos Shabbat initiated by the late Israeli President and Prime Minister Shimon Peres.
Role of Education in modern business
Some people don’t think that formal education plays a big role in shaping entrepreneurship skills. Even they need to admit that business college diploma definitely brings opportunities for developing an astonishing career. Some people like to point out that great entrepreneurs like Steve Jobs, didn’t receive formal business education, but they tend to forget the fact that such a great entrepreneurs lived to learn. In one of his speeches Steve Jobs pointed out that the only way everyone can get an equal opportunity is to equip every child with great education, which is in his opinion more important thing, even than a great family life.
What benefits business education brings?
Let’s imagine you are a businessman with no formal business education. You are already running a company and have all required experience to succeed. Why would you spend your time and money for MBA or some other type of business studies?
We all know that theory and practice can be very different, but we forget that theories are formed from observations of practice patterns. Insight in these patterns enables us to be better planners in the future. And that’s not all formal business studies bring, MBA can also:
Enable us to confirm situations from our previous business experience with formalized theories;
Gives us an awareness of developed patterns and processes our company goes through;
Enable us to learn new concepts and correct our attitudes towards certain business trends;
Give us the chance to discover new business tools, etc.
Education doesn’t always mean schooling
Lots of people learn new things through practice. There are plenty of entrepreneurs who turned out to be top managers without getting their MBA degree. Practice is another very important segment that gives us very specific knowledge in entrepreneurship. Practice and education are complementary and the best way to combine them is when MBA graduates start to work as interns in big corporate entities. After a few years, they usually start their own entrepreneurship projects, equipped with both theoretic and practical knowledge.
Considerations
Unfortunately business education, at least in United States is very expensive. Many high school graduates don’t have enough funds to enroll to the desired colleges, which means they are left stranded with no education and much less opportunities for developing successful career in the corporate world. Average tuition fees are $80,000, to this you should add $40,000 for boarding and books and $20,000 for peripheral expenditures. Of course there are a lot of good quality community colleges, where you can also gain good business knowledge.
What are the alternatives?
Courses! There are hundreds of great courses that can provide you with business knowledge and enrich your skill’s set. Managers usually decide to enroll to communication, leadership or accounting course. These are all great and can be viewed as part of the valuable leadership training process that together with few years of work experience on various positions can turn anybody into smart and skillful entrepreneur.
Another great thing for obtaining informal business knowledge are free online courses many different American Universities offer, where users can listen to the lectures, do tests, exercises and solve problems assigned to real university students. On these websites you can listen to lectures given by some of the most respected experts in various niches.
Even the highest and the best quality education can’t guarantee that you will be successful in business, but it is much easier to make your way through corporate mess of today with your eyes wide open, when you understand everything that happens around you. Hopefully one day, great education will be affordable to anyone, and obstacles like tuition fees and other similar expenses will be forgotten.

salamence3262 · Answer

Our society is set to transform into one where religious populations will dramatically outgrow religiously unaffiliated populations. In the United States alone, religion annually contributes about $1.2 trillion dollars of socio-economic value to the nation's economy. Currently, religious congregations such churches, synagogues, mosques, temples and chapels throughout the country donate $418 billion annually to the American economy. This has allowed for a situation where modern businesses are required to cater toward religious peoples, since they have a monetary incentive to do so. A modern example of this phenomenon is Tyson's Foods, which is a company famously friendly toward religious peoples since it maintains an active workforce of chaplains for their employees. In doing so, Tyson's Foods has made moral and ethical teachings of faith as a staple of how they seek to carry out their business. Most definitely, in the future, there will be an exponential growth of the influence religious denominations have on corporations throughout this country.

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discuss the role of religion and education in mo

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