INROADS- An International Journal of Jaipur National University
  • Year: 2013
  • Volume: 2
  • Issue: 2

Conceptualisation and Application of Business Ethics and Social Responsibility: A Comparative Study of Mega Marts in Jaipur City

  • Author:
  • Sanju Sharma
  • Total Page Count: 5
  • DOI:
  • Page Number: 144 to 148

Assistant Professor, School of Business and Management, Jaipur National University, Jaipur 302017, Rajasthan, India

Online published on 25 December, 2013.

Abstract

This paper is based on the author's doctoral research, carried out at the University of Rajasthan (India). It is argued in this paper that during the post-globalisation period, the global market faces considerable repercussions on conventional trade on the one hand and on business ethics and corporate social responsibility (CSR) on the other. This study of Big Bazaar and Vishal mega marts brings out that the two malls and also the other two, namely Shopper's Stop and Lifestyle, do not allow their functionaries, customers and the people at large to know about business ethics and CSR. In fact, business ethics and CSR are both sort of alien words to the staff members. Profit-driven strategies are the hallmark at the two malls. However, the staff of the two malls are well aware about strategies of attracting customers as they are made to see that ‘customer is king’. Bazaar power, foreign direct investment and CSR would remain the focal themes in the years to come in the Indian economy.

Keywords

Business Ethics, Bazaar Power, Social Responsibility, Mega Marts