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Values can be defined as broad preferences concerning appropriate courses of actions or outcomes. As such, values reflect a person's sense of right and wrong or what "ought" to be. "Equal rights for all", "Excellence deserves admiration", and "People should be treated with respect and dignity " are representatives of values.
Definition. Value theory is the systematic study of values. Also called axiology and theory of values, it is the branch of philosophy that examines which things are good and what it means for something to be good. It distinguishes different types of values and explores how they can be measured and compared.
5. Love, affection, friendship, cooperation. 6. Power, achievement, freedom, adventure, novelty. Frankena, in formulating his list, builds on what he called the "classical triad" of beauty, goodness and truth [14] and headings similar to these terms can be used to introduce a primary set of values as follows.
The term evangelical itself is fraught and has become synonymous with the Republican Party, argues Ryan Burge, a political science professor at Eastern Illinois University.
Value can thus be defined as the relationship of a firm's market offerings to those of its competitors. Value in marketing can be defined by both qualitative and quantitative measures. On the qualitative side, value is the perceived gain composed of individual's emotional, mental and physical condition plus various social, economic, cultural ...
Obligation and permission are contrasting terms that can be defined through each other: to be obligated to do something means that one is not permitted not to do it and to be permitted to do something means that one is not obligated not to do it. [100] [h] Some theorists define obligations in terms of values or what is good.
A particular value can conflict or align with other values, and these dynamic relationships are typically illustrated using a circular graphic in which opposite poles indicate conflicting values. In a 2012 article, Schwartz and colleagues refined the theory of basic values with an extended set of 19 individual values that serve as "guiding ...
In management, business value is an informal term that includes all forms of value that determine the health and well-being of the firm in the long run. Business value expands concept of value of the firm beyond economic value (also known as economic profit, economic value added, and shareholder value) to include other forms of value such as employee value, customer value, supplier value ...