NAME: AYUSHI BHARDWAJ

BCOM HONS
4TH SEMESTER
02221188821
Values are individual beliefs that motivate people to act one
way or another. They serve as a guide for human behavior.
They severely affect the emotional state of mind of an
individual. It sets our priorities in life, i.e. what we consider
in the first place. It is a reason behind the choices we make. It
reflects what is more important for us.

Generally, people are predisposed to adopt the values that

they are raised with. People also tend to believe that those
values are “right” because they are the values of their
particular culture.
 ETHICS
The word “Ethics” has been typically derived from
the Greek word “Ethikos” which means “character”.
Basically, it can be defined as a system that reinforces
an individual’s morality.

The principles of ethics are generally based on

“Truth, Honesty, Integrity, and Justice”. Ethics can
be defined as a set of rules controlled by an
individual’s behaviour, which are strengthened by a
society or a group of people.
NEED FOR ETHICS AND VALUES
Ethics and values are very crucial for a human being
when it comes to personal and professional success.
The ways an individual or any group discusses with
others express their real character because actions
always speak louder than words. Those who have
strong values and ethical standards of the highest
degree are easily remarkable by their actions.

Ethics and values come and develop from the place,

family, beliefs. So, the attitude and habits one picks up
early in his life follows him into the experienced world
and show an impact either a positive, or negative over
career success.
 CONCLUSION
Ethics and values are important in every aspect of life, when
we have to make a choice between two things, wherein
ethics determine what is right, values determine what is
important.
In the world of intense competition, every business entity
work on certain principles and beliefs which are nothing but
the values. Likewise, ethics is implemented in the
organisation to ensure the protection of the interest of
stakeholders like customers, suppliers, employees, society
and government.