VALUES

AND
ETHICS
By Group 2 : Ryan Hidayat
Norsyafika
Khairunnisak
Riana Citra
Risma Br Silaban
What is Values?
Values are deep ideas and feelings that manifest
themselves as the behavior or behavior of those
values. The true reflection of a person's values is his
actions.
 VALUE CHARACTERISTICS

1. Values tend to be relatively stable 2.Values are the foundation of a 3. Values are abstract
and last a long time person's character representations

4. Some values are not fixed, but change 5. Values have intensity and content 6. Values are internalized by an
our times and situations. attributes individual
 ESTABLISHMENT OF
VALUE IN COMMUNITY
For a certain person to accept certain values into his value
system, he must first find the value of his life's pursuit.
Values in an individual's value system are introduced and
then reinforced through lifelong experiences, but more
specifically during the growing, forming years of the
individual.
01 The family

02 Schools

03 Religion.

04 The society
TYPES OF VALUES

1. Instrument values
The values which concern the way
we approach the end states

2. Terminal values
They are those end state goals that
we praise such as comfortable life,
a sense of accomplishment,
equality among all people
ETHICAL VALUE SYSTEM
Everything that we see, here, say, imagine or do can
be divided into two main categories:
(a) The way situations are
(b) The way situations ought to be.
ETHICS AND VALUE
MAXIMIZATION
Does value maximization in an organization simply
means as short cut profit maximization? No! A very
deep understanding of ethical standards are required
for value maximization, a typical economic
discussion of short run profit maximization is not at
all sufficient
 Ethical and Trust
Trust is one of the most important
ethical complements, they are
compatible with each other as ethical
behavior leads to trust.
 Delegation of Decision Rights
Management has to decide properly how to assign
decision rights among employee of the company. As
decentralization forced companies to leave space for
decisions to lower level employees with the multiple
benefits of more effective use of local knowledge,
saving time of senior management, motivation for
lower level management.
THANK YOU!