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A value system guides ethical behavior based on moral principles and beliefs. It determines a person’s character and actions, and can vary by culture and religion. Companies may suggest an ethics system for employees, but conflicts may arise when personal values conflict with collective values. Ethical decisions are based on weighing consequences and concepts of right and wrong.
A value system consists of ethical and moral principles that guide the decisions made by individuals or organizations. This ideology defines what is right and wrong and guides ethical behavior based on those beliefs. A person’s values determine his character and his actions, even in situations where there may be negative consequences for doing the right thing. Moral decisions produce internal rewards when value systems and actions coincide.
In society, these systems represent accepted standards that serve the greater good of the nation or community. Laws typically define the moral behavior acceptable to most citizens based on honesty, integrity, respect for others, and the religious history of the region. Value systems can vary by culture and religion, with emphasis on certain behaviors to guide morality.
In America, the national value system refers to the fundamental beliefs of liberty and liberty. A person living in India might incorporate the ideal of leaving a positive memory with every person they meet in their life into their value system. He or she may make an effort to show peace and care in words and actions.
An example of a value system can be found in the Christian behavioral standards outlined in the Ten Commandments. These rules express simple definitions of right or wrong behavior. They provide a clear model for a value system based on honesty, truth, fidelity and loyalty.
Companies or organizations could suggest an ethics system for employees or members to follow. These collective values typically derive from the organization’s core values and might include teamwork, professionalism, and trust. Corporate value systems summarize the company’s vision and employee behavior standards. Problems may arise when an employee’s personal value system conflicts with the company’s collective value system.
Problems could also arise when the standards fail to match the declared values. Norms represent informal rules generally accepted by a society or organization. The behavior may be morally or ethically wrong, but it is a normal part of doing business.
When a person makes an ethical decision based on personal values, they usually start by weighing the consequences of different actions. She may value the importance of other viewpoints and how they relate to her own value system. Even when information is unclear or incomplete, an ethical person typically reacts to a situation using concepts of right and wrong.
