Why study Religions and International Business?Master / Doctorate: Religions and their influence on Global Business
Religions and International Business Despite the phenomenon of globalization, the trend towards regionalization is increasingly important. The different World's Religions (84% of humanity belong to some religion) define a series of economic areas that significantly influence on way of doing business, politics, culture, economic relations within each economic area as well as outlining the Interactions with other economic areas. Religious contexts influence every aspect of global business, from consumer demand to labor policies and ethical frameworks. For example, Christianity drives holiday-based retailing, Islam drives Halal and Islamic financial markets, Hinduism shapes the vegetarian consumer landscape in India, Buddhism promotes sustainability, and Judaism influences niche markets. Companies that integrate religious sensitivity into their strategies (through local products, inclusive policies, and cultural training) gain competitive advantages, while mistakes can lead to financial and reputational losses. Religious diversity influences labor policies and operational logistics. For example, religious calendars affect business operations. In Muslim-majority countries, Ramadan reduces work hours, impacting productivity and supply chains. In India, holidays like Diwali and Eid al-Adha cause temporary factory closures. Companies like Amazon adjust delivery schedules in these regions to account for these variations. Religious norms influence workplace policies. For example, in Saudi Arabia, companies adhere to gender segregation and modest dress codes rooted in Islamic tradition. Multinationals like IKEA train their managers to respect these norms to avoid legal or cultural conflicts. Related Doctorate, Masters and Courses offered by EENI Global Business School:
Religions often prescribe or influence dress standards that reflect values such as modesty, cultural identity, or spiritual devotion. religious diversity in the workplace can be a driver of inclusion and productivity if managed properly. Companies must implement clear policies, promote education, and ensure equity to reap the benefits of a diverse workforce. At the same time, they must navigate legal and operational challenges with sensitivity and pragmatism. Any professional related to International Business must know, in addition to the fundamentals of Foreign Trade and global marketing, the pillars of these religions to understand how they influence both on business and on their respective economic area. This knowledge will be essential to avoid intercultural clashes and to adapt the internationalization and International Marketing strategies to each economic area. The Master / Doctorate in Religions and International Business focuses on analyzing the pillars of these religions, characteristics of the global economic areas, the main economic organizations and trade agreements related to each economic area.
Many of the most important businessmen and philanthropists of the world, openly declare their adherence to some religion. Therefore, student will analyze the profiles of several businessmen and women of each of the studied religions, where the important influence onir beliefs in their businesses can be observed. Below are a summary of some businessmen analyzed.
Christian Businessmen (Catholics and Protestants) Two of the richest businessmen in the world are Christians: Amancio Ortega (founder of Inditex, Catholicism, Spain) and Carlos Slim (Christian Maronite, Mexico). Isabel dos Santos (the richest woman in Africa, Angola) or Folorunsho Alakija (the richest Nigerian woman) are Christian. The American businessman Thomas Monaghan (founder of Domino Pizza, took the vows of poverty) is Catholic. The richest man in Colombia, Luis Sarmiento, is also Catholic. African Christian Businessman, Businesswomen and Politics:
American Christian Businesspeople.
Why study “Christianity and Business”?. Orthodox businessmen
Vladimir Potanin, one of the largest Russian businessmen or the Egyptian entrepreneur Onsi Sawiris (founder of Orascom Group) are Orthodox Christians.
Why study “Orthodoxy and Business”?.
Muslim Businessmen His Royal Highness Prince Al Waleed Bin Talal (one of the world's biggest investors, Saudi Arabia), Alhaji Aliko Dangote (the richest man in Africa, Nigeria), Mohamed Ibrahim (one of the most influential Africans in the world, Sudan), Yusuf Hamied (founder of one of the largest pharmaceutical laboratories in the world, India) or the Saudi Lubna Olayan (one of the most influential entrepreneurs in the world) are Muslims.
Sample: Why study “Islam and Business”?.
Hindu Businessmen Important Indian entrepreneurs are Hindu (Hinduism): Shri Mukesh Ambani (Director of Reliance Industries, 3% of Indian GDP), Senapathy Gopalakrishnan (co-chair of Infosys, one of the largest technology enterprises in the world) or Kiran Mazumdar (founder of BIOCOM, the largest Indian biotechnology company). Why study “Indian Religions and Business - Hinduism”?. Buddhist Businessmen
Kazuo Inamori (founder of Kyocera and Buddhist monk, Japan) or Lee Kun-hee (president of Samsung, South Korea) are Buddhists.
Why study “Buddhism and Business”?. Businessmen of other religions Christianity, Islam, Hinduism (1,210 million Hindus) and Buddhism are considered the largest religions in the world (by the number of believers), but it is also necessary to know the profile of businessmen of other minority religions. Zoroastrian businessmen The Tata Group (has Western brands such as Jaguar or Land Rover, 3.2% of Indian GDP) belongs to a Zoroastrian family. Sahu Jain, which controls the largest Indian communication group, is Jainist. Corporations such as the Rotchild Group or Mastercard have hired Sikh managers due to their moral rectitude.
Although Judaism only accounts for 0.2% of the world's population, its influence on International Business is very important. The South African business woman (Wendy Appelbaum), one of the largest entrepreneurs in Algeria (Issad Rebrab) or one of the richest bankers in the world (Joseph Safra, Brazil) are Jews.
Confucian and Taoist Businessmen The
Chinese businessman Zhang Ruimin (president of the Haier Group) is Confucian Why study “Taoism, Confucianism and Business”?. The Giving Pledge, the largest philanthropic initiative in the world was founded by the North-Americans: Bill Gates (founder of Microsoft) and Warren Buffett (one of the largest investors in the world), both agnostics. Civilizations, religions and economic integration. The economic areas analyzed are the following:
For each of these economic areas, the main Economic Organizations and trade agreements are analyzed in a summary form. For example, for the East African Economic Area, the following regional Economic Organizations are analyzed briefly:
Free Trade Agreements related to East Africa:
In addition to the economic interactions with the rest of the world economic areas. From the religious point of view, the training approach is neutral, that is, it is not based on the superiority of any religion or any type of proselytism, and that only through the knowledge of the pillars of these religions can they be respected and therefore be able to adapt regionally according to the characteristics of each economic area.
(c) EENI Global Business School (1995-2025)
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