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Politics, Ethics and Social Responsibility of Business
book

Politics, Ethics and Social Responsibility of Business

by Usha, Bhanu;Krishna, K. V. Murthy
October 2010
Intermediate to advanced content levelIntermediate to advanced
232 pages
9h 1m
English
Pearson India
Content preview from Politics, Ethics and Social Responsibility of Business
39
DEMOCRACY |
7.3 DEMOCRACY – ITS VARIETIES AND PROCESSES
Democracy (literally ‘rule by the people’, from the Greek words demos , which means ‘people’ and kratos ,
which means ‘rule’) is a form of government for a nation state or an organisation. Today, a democracy is
often assumed to be a liberal democracy but there are many other varieties of democracy and the methods
used to govern differ amongst these varieties. While the term democracy is often used in the context of a
political state, the principles are also applicable to other areas of governance. The principles of democratic
governance could extend to the ‘organisation’ or ‘corporation’ or ‘business’ as well. Therefore, the corporation
or company is to be seen as a ‘microcosm’ ...
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Publisher Resources

ISBN: 9789332506497