Chanakya's Rajrishi Concept and Business Domains

Flashcards covering the concepts of Chanakya's Rajrishi and related business principles.

Rajrishi Concept

A concept by Chanakya that combines the qualities of a 'raja' (king) and 'rishi' (sage), embodying leadership that is both dynamic and spiritually wise.

Philosopher King

An ideal leader who embodies both kingly authority and spiritual wisdom.

Dharma

A moral law and duty that guides the actions of a king.

Satya

Truthfulness; a principle that a good king should uphold.

Ahimsa

Non-violence; a principle that a good king should follow.

Ethical Conduct

The prioritization of honesty, integrity, and fairness in leadership.

Risk Mitigation

The process of identifying and proactively addressing potential financial risks.

Wealth Distribution

The ethical allocation of resources considering the needs of all stakeholders.

Market Analysis

Conducting thorough research to identify opportunities and potential threats in a business context.

Efficiency

The optimization of processes to maximize productivity and minimize waste.

Adaptability

The ability to be flexible and responsive to changing market demands.