Business Management Practices to Promote Inclusive Economic Growth and Employment
Year: 2025
Type: article
Abstract: This paper explores how innovative business practices contribute to inclusive economic growth and job creation, emphasizing the balance between profitability and social responsibility. It identifies practical strategies, such as fair wages, flexible working arrangements, and community investments, that enhance productivity and positively impact society. Using a mixed-methods approach, the study combines case studies of successful businesses with data analysis to evaluate the effectiveness of these practices. Findings reveal benefits like improved employee satisfaction, higher productivity, and stronger community ties, highlighting leadership's role in sustaining these efforts. The research concludes that inclusive business strategies enable sustainable growth, reduce economic inequality, and foster job creation. It underscores the need for collaboration between businesses and policymakers to scale these practices, offering a practical roadmap for aligning profitability with social impact.
Author: Mrs. Riddhie Priya
Language: English
Subfield: Business and International Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4410930278