logo share us

Values

   

Definition: Values are broad preferences concerning appropriate courses of action or outcomes.
As such, values reflect a person’s or group's or country's sense of right and wrong or what “ought” to be.
They are a powerful driver of human behavior, decision making, motivation, etc., and are a key component of organizational cultures and mission statements.
Values can be considered absolute (independent of individual and cultural views, as well as independent of whether it is known or apprehended or not) or relative (differing between people, and on a larger scale, between people of different cultures).
The study of ethical value is included in value theory.


   
   
💡

Learn more about Values.



More on ethics: Bystander Effect, Consequentialism, Value Theory.

You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA.



MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.

We like to keep things short, and provide links to learn more about your subject.


add us to your desktop

Add MBA Brief to your desktop / iPad

   

© 2024 MBA Brief - Last updated: 23-4-2024  -  Privacy   |   Terms