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Business
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| Number of pages / Number of words: |
2 / 503 |
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Definitions
a. Values - stable, long-lasting beliefs about what is important in a variety of situations.
b. Cultural values - represent the dominant prescriptions of a society.
c. Personal values - incorporate cultural values, as well as other values socialized by parents, friends, and personal life events...
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Organizational values - those which are widely and deeply shared by people within the organization.
e. Ethics - the study of moral principles or values that determine whether actions are right or wrong and outcomes are good or bad.
2. Importance of values and ethics
a. Rise of globalization leads to a multitude of different values and ethics in the workplace...
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