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"Business cannot be dissociated from the society in which it exists and functions; it is an integral part of the human society. This holistic view of business is another perception emerging in modern business philosophy. And business happens to be the most dominant and representative organ of the modern society. So, in an organic vision of business, it has to be viewed as an integral part of the economic, technological, social, political and cultural environment in which it functions. And this environment, and the forces of the environment, at once influences and is influenced by the social organs which constitute it. As there is a need for a new synthesis based on the integral wisdom of the East and West, we will be seeking for such a synthesisa synthesis of the predominantly outer dynamism of the secular and scientific culture of the modern West and the predominantly inner dynamism of the ancient spiritual culture of the East. There are two visions of the new approach to managemen