Pallavi Pathak


Value is a shared idea about how something is ranked in terms of desirability, worth or goodness. The decisions we make are a reflection of our values and beliefs, and they are always directed towards a specific purpose. Our terminal values define the overarching goals that we hope to achieve in our lifetime; our instrumental values define how we go about reaching these goals. Our instrumental values influence the ways in which we go about achieving our end goals, making sure we do this in ways that are socially acceptable. Values and their hierarchy can change over time. They emerge with a special meaning, and change throughout life, because they are related to individual interests and needs.
When we are children, our values are for the most part defined by subsistence and by wanting the approval of our parents. In our adolescence, our values are derived from the need to experiment and be independent, and when we are adults, we have other priorities.
The present paper highlights the nature, importance and typology of values. The higher the total in any area, the higher the value one places on that particular area. It was found in the present study that among all the given areas, the management students found the financial dimension of values as the most important one for them. It was followed by professional and Family values.


Values, Terminal and Instrumental, Personal and Organisational

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DOI: http://dx.doi.org/10.21844/mijia.v12i02.6968


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