Values

That which is worth to be considered is value.

It may be a Positive and negative values.

Types

Cultural values : Expectations of customers, suppliers, employees and public.

Moral values : Related to moral aspects.

Ethical values : Health, Democracy, Freedom, Empowerment, Self respect, Diversity

Managerial Values

1.   Productivity

2.   Profit maximization

3.   Employee welfare

4.   Consumers’ satisfaction

5.   Industrial leadership

6.   Distributive justice

Features

Descriptive (What it is?)

Normative (What it ought to be)

Analytical (Why ethical)