Personal Values as Ethical
Anchors
Values are abstract ideals
that shape one’s thinking and behavior.
Instrumental value: Enduring belief that a certain way (mode) of behaving is appropriate in all situations
Terminal value: Enduring belief that a certain end-state of
existence (being admired) is worth striving for
Identifying and Acting
Upon Your Own Values
Basic personal values are
taken for granted. They are not arranged consciously in order of priority.
Managerial Ranking of Values
Terminal Values:
Self-respect
Family security
Freedom
A sense of accomplishment
Happiness
Instrumental Values:
Honesty
Responsibility
Capability
Ambition
Independence
General Ethical Principles:
Self-interests
Personal virtues
Religious injunctions
Government requirements
Utilitarian benefits
Universal rules
Individual rights
Economic efficiency
Distributive justice
Contributive liberty
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