Faith Integration Research Paper

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Faith Integration: BUSI 530 Tiffany Reid, Christopher Robertson, Samantha Roth, Christina Vass, Desiree Woodard Liberty University Faith Integration: BUSI 530 In the world of business and corporate finance there are many challenges that may arise. Every answer to each challenge we face can be found in within the pages of the bible. The Purpose of this essay to provide a clear integration of biblical principals in relation to principles of money, principles of investing, the stock market, ethical business, and financial counseling. Principles of Money In many corporations, money (profit, capital, and revenue) is what motivates activities and decisions. One of the major goals of corporations, shareholders,…show more content…
Unethical business practices can impact customer satisfaction and commitment. Ignoring unhappy customers is not a good practice for business. Consumer satisfaction can affect the reputation of the company and its products. This is significant because consumers use word of mouth referrals to get information out about a business, whether it is good or bad. If a business receives a complaint about a product, the business should respond immediately and try to find a solution for the consumer as soon as possible. This is the right thing to do and can prevent a negative brand experience. Another unethical and deceptive tactic in marketing is intentionally misrepresenting a product’s abilities. As Christians and business professionals, we should conduct business, including marketing and advertisement, with a high level of…show more content…
One can seek God for direction and vision. Seeking counsel in business can be very beneficial especially when dealing with financial decisions. There are many aspects of seeking counsel in business that can be utilized. Having financial counsel can help to manage assets of your business. Financial advisors can aid in providing money advice about investing, taking risks, taxes, forecasting, etc. An example of a financial advisor is a stockbroker. The stockbroker allows the buying and selling of securities on a stock exchange. A financial advisor can create a financial plan for a company aiming to broaden its consumers. "And herein I give my advice: for this is expedient for you, who have begun before, not only to do, but also to be forward a year ago." (KJV, 2 Corinthians
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