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    Kirti Suri
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    Values refer to the intrinsic worth or goodness that enhance quality of life. They have been classified in different ways, such as operative versus conceived values, terminal versus instrumental values, and positive versus negative values. Business ethics examines the ethical principles and problems that arise in business, and applies to all aspects of business conduct for individuals and organizations. Some key areas of business ethics include marketing, finance, human resource management, information technology, and intellectual property rights.

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    Values refer to the intrinsic worth or goodness that enhance quality of life. They have been classified in different ways, such as operative versus conceived values, terminal versus instrumental values, and positive versus negative values. Business ethics examines the ethical principles and problems that arise in business, and applies to all aspects of business conduct for individuals and organizations. Some key areas of business ethics include marketing, finance, human resource management, information technology, and intellectual property rights.

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    24 views9 pages

    Value and Ethics in Business

    Uploaded by

    Kirti Suri
    Values refer to the intrinsic worth or goodness that enhance quality of life. They have been classified in different ways, such as operative versus conceived values, terminal versus instrumental values, and positive versus negative values. Business ethics examines the ethical principles and problems that arise in business, and applies to all aspects of business conduct for individuals and organizations. Some key areas of business ethics include marketing, finance, human resource management, information technology, and intellectual property rights.

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    VALUE AND ETHICS IN BUSINESS

    Prepared by: KIRTI SURI

    VALUE IN BUSINESS
    Values are a set of principles cherished by people. They enhance the quality of individual and collective life. They involve personal and community discipline and sacrifice of immediate gratification needs. Quality of life depends upon physical, social, environmental, mental and spiritual health and wholeness of a person. Values refers to intrinsic worth or goodness.

    TYPES OF VALUES
    Classification given by Albert Schweitzer 1. Operative Values. 2. Conceived Values. 3. Objective Values. Classification given by M. Rokeach 1. Terminal Values. 2. Instrumental Values.

    Classification given by Jones and Gerald 1. Positive Values. 2. Negative Values.

    ETHICS IN BUSINESS
    Business ethics (also corporate ethics ) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. Business ethics has both normative and descriptive dimensions. As a corporate practice and a career specialization, the field is primarily normative.

    ETHICS IN AREAS OF BUSINESS


    1. ETHICS IN MARKETING 2. ETHICS IN FINANCE 3. ETHICS IN HUMAN RESOURCE MANAGEMENT 4. ETHICS IN INFORMATION TECHNOLOGY 5. ETHICS IN INTELLECTUAL PROPERTY RIGHTS

    THANK YOU

    ANY QUESTIONS ??

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