Institute of Management, Nirma University

BBA – MBA Integrated

(Term -V)

Ethics and Value

Individual Assignment

Submitted to: Smita Pillai

On December 30th, 2021

Submitted by Pramati Bhargava

Self-introduction
Name – Pramati Bhargava
Career aspirations – Investment Banker, Business Analyst
Hobbies – Listening to music, watching anime, cycling, learning about new culture.
What things you did you do during past week?
 Visited my friend’s hometown
 I tried new dishes
 I tried to learn driving.
 Started reading a new webtoon.

If you have been given the $1000 to do whatever you want. What will you do with this
money?
I would like to invest the money buy purchasing shares of the famous brands I follow.

List at least five values in each of the following areas.

 Social
 Make others feel comfortable
 Helping those in need
 Not to do something that harms others
 Respecting traditions and culture
 Respecting opinions of others

 Moral
 Be patient
 Being just to everyone
 Do not judge
 Be honest
 Never give up hope
 Intellectual
 Be cautious
 Creativeness
 Be Innovative
 Learn new things
 Helping helps learn

 Family
 Be responsible
 Be kind to everyone
 Respect each other
 Spend time with each other
 Be ready to help

 Career
 Work as a team
 Treat everyone on one level equally
 Earn in ethical way
 Save for the future
 Take up new opportunities
 LIFE VALUES INVENTORY

An Assessment of Values that guides behavior and Decision making

SECTION I

Values are beliefs that influence people’s behavior and decision-making. For example, if people believe
that telling the truth is very important, they will try to be truthful when they deal with other people.

On the following pages is a list of beliefs that guides people’s behavior ad helps them make important
decisions. Read each one and then choose the response (1-5) that best describes how often the belief guides
your behavior.

Almost Never Sometimes Almost Always

Guides My Guides My Guides My
Behavior Behavior Behavior

1. Being healthy 1 2 3 4 5

If a belief in being healthy almost never guides your behavior, circle 1. If being healthy almost always
guides your behavior, circle 5. If the bet answer for you is between 1 and 5, circle the number 2,3, or 4 that most
accurately describes how this belief guides your behavior.

Now you are ready to begin. Read each item carefully and circle only one response. Usually your first
idea is the best indicator of how you feel. Answer every item. There are no right or wrong answers. Your choices
should describe your own values, not the values of others.
 Almost Sometimes Almost
VALUES Never Guides My Always
Guides My Behavior Guides My
Behavior Behavior
1. Challenging myself to achieve 1 2 3 4 5

2. Being liked by others 1 2 3 4 5

3. Protecting the environment 1 2 3 4 5

4. Being sensitive to others’ needs 1 2 3 4 5

5. Coming up with new ideas 1 2 3 4 5

6. Having financial success 1 2 3 4 5

7. Taking care of my body 1 2 3 4 5

8. Downplaying compliments or praise 1 2 3 4 5

9. Being independent (doing things I want to 1 2 3 4 5

do)

10. Accepting my place in my family or group 1 2 3 4 5

11. Having time to myself 1 2 3 4 5

12. Being reliable 1 2 3 4 5

13. Using science for progress 1 2 3 4 5

14. Believing in a higher power 1 2 3 4 5

15. Improving my performance 1 2 3 4 5

16. Being accepted by others 1 2 3 4 5

17. Taking care of the environment 1 2 3 4 5

18. Helping others 1 2 3 4 5

19. Creating new things or ideas 1 2 3 4 5

20. Making money 1 2 3 4 5

21. Being in good physical shape 1 2 3 4 5

22. Being quiet about my success 1 2 3 4 5

23. Giving my opinion 1 2 3 4 5

24. Respecting the traditions of my family or 1 2 3 4 5
group

25. Having quiet time to think 1 2 3 4 5

26. Being trustworthy 1 2 3 4 5

27. Knowing things about science 1 2 3 4 5

28. Believing that there is something greater 1 2 3 4 5

than ourselves

29. Working hard to do better 1 2 3 4 5

30. Feeling as though I belong 1 2 3 4 5

31. Appreciating the beauty of nature 1 2 3 4 5

32. Being concerned about the rights of others 1 2 3 4 5

33. Discovering new things or ideas 1 2 3 4 5

34. Being wealthy (having lots of money, land or 1 2 3 4 5

livestock)

35. Being strong or good in a sport 1 2 3 4 5

(being athletic)

36. Avoid credit for my accomplishments 1 2 3 4 5

37. Having control over my time 1 2 3 4 5

38. Making decisions with my family or group in 1 2 3 4 5

mind

39. Having a private place to go 1 2 3 4 5

40. Meeting my obligations 1 2 3 4 5

41. Knowing about math 1 2 3 4 5

42. Living in harmony with my spiritual beliefs 1 2 3 4 5

 LIFE VALUES INVENTORY

SCORING SUMMARY

Add up the ratings from pages 2, 3, and 4 for each question. Record the total scores for
each letter below and in the SCORES column on page 6. This will give you your scores for
the 15 major life values identified by this inventory.

A 11 H 8
Questions 1 + 15 + 29 Questions 8 + 22 + 36

B 15 I 13
Questions 2 + 16 + 30 Questions 9 + 23 + 37

C 10 J 14
Questions 3 + 17 + 31 Questions 10 + 24 + 38

D 10 K 12
Questions 4 + 18 + 32 Questions 11 + 25 + 39

E 10 L 11
Questions 5 + 19 + 33 Questions 12 + 26 + 40

F 13 M 10
Questions 6 + 20 + 34 Questions 13 + 27 + 41

G 12 N 12
Questions 7 + 21 + 35 Questions 14 + 28 + 42
 LIFE VALUES INVENTORY
VALUES PROFILE
SCORES

A 11 ACHIEVEMENTS
It is important to challenge yourself and work hard to improve.

B 15 BELONGING
It is important to be accepted by others and to feel included.

C 10 CONCERNS FOR THE ENVIRONMENT

It is important to protect and preserve the environment.

D 10 CONCERNS FOR OTHERS

The well-being of others is important.

E 10 CREATIVITY
It is important to have new ideas or to create new things.

F 13 FINANCIAL PROSPERITIES
It is important to be successful at making money or buying property.

G 12 HEALTH AND ACTIVITY

It is important to be healthy and physically active.

H 8 HUMILITIES
It is important to be humble and modest about your accomplishments.

I 13 INDEPENDENCES
It is important to make your own decisions and do things your way.

J 14 LOYALTIES TO FAMILY OR GROUP

It is important to follow the traditions and expectations of your family or group.

K 12 PRIVACIES
It is important to have time alone.

L 11 RESPONSIBLITY
It is important to be dependable and trustworthy.

M 10 SCIENTIFIC UNDERSTANDING
It is important to use scientific principles to understand and solve problems.

N 12 SPIRITUALITY
It is important to have spiritual beliefs and to believe that you are part of
something greater than yourself.
 CLARIFYING YOUR VALUES (Adapted From Tobias Lundgren’s Bull’s Eye
Worksheet)

Deep down inside, what is important to you? What do you want your life to stand for? What sort of qualities do you want
to cultivate as a person? How do you want to be in your relationships with others? Values are our heart's deepest
desires for the way we want to interact with and relate to the world, other people, and ourselves. They are leading
principles that can guide us and motivate us as we move through life. Values reflect what you want to do, and how you
want to do it. They are about how you want to behave towards your friends, your family, yourself, your environment,
your work, etc.

Values are not the same as goals. Values involve ongoing action; they are like directions we keep moving in,
whereas goals are what we want to achieve along the way. A value is like heading West; a goal is like the river
or mountain or valley we aim to cross whilst traveling in that direction. Goals can be achieved or ‘crossed off’,
whereas values are ongoing. (No matter how far West you go, you never reach it!) For example, if you want to
be a loving, caring, supportive partner, that is a value: it involves ongoing action. In contrast, if you want to get
married, that’s a goal - it can be ‘crossed off’ or achieved. If you want a better job, that’s a goal. Once you’ve got
it - goal achieved. But if you want to fully apply yourself at work, contribute your best, and engage fully in what
you’re doing, that’s a value: it involves ongoing action.

THE BULL’S EYE

The ‘Bull’s Eye’ is a values-clarification exercise designed by a Swedish ACT therapist called Tobias Lundgren.
(I have rewritten it.) The dartboard on the next page is divided into four important domains of life:
work/education, leisure, relationships and personal growth/health. To begin with, please write down your values
in these 4 areas of life. Not everyone has the same values, and this is not a test to see whether you have the
"correct" ones. Think in terms of general life directions, rather than in terms of specific goals. There may be
values that overlap – e.g. if you value studying psychology, that may come under both Education and Personal
Growth. Write down what you would value if there were nothing in your way, nothing stopping you. What’s
important? What do you care about? And what you would like to work towards? Your value should not be a
specific goal but instead reflect a way you would like to live your life over time. For example, to accompany your
son to a football game might be a goal; to be an involved and interested parent might be the underlying value.
Note! Make sure they are your values, not anyone else’s. It is your personal values that are important!

1. Work/Education: refers to your workplace & career, education and knowledge, skills development. (This
may include volunteering and other forms of unpaid work). How do you want to be towards your clients,
customers, colleagues, employees, fellow workers? What personal qualities do you want to bring to your
work? What skills do you want to develop?

Ans: My clients, customers, co-workers, co-workers, co-workers need to work in harmony. You should prioritize
your organizational goals, not your personal goals. The qualities I want to bring to work are commitment,
communication skills, leadership skills, and the ability to work in a team. There is always room for improvement.
Therefore, I want to acquire skills such as time management, flexibility, and creativity.

2. Relationships: refers to intimacy, closeness, friendship and bonding in your life: it includes relationships with
your partner, children, parents, relatives, friends, co-workers, and other social contacts. What sort of
relationships do you want to build? How do you want to be in these relationships? What personal qualities do
you want to develop?

Ans: After all, if one person has to choose a relationship over another, the two relationships cannot be treated
the same. If one treats all relationships equally, no one can succeed. Therefore, it is important to treat each
relationship in a unique way. For example, a relationship with one partner should be treated differently than a
relationship with another relative. However, it is important to make sure that all relationships are nurtured
and that we are doing our best to make them successful. The personal features I want to develop are more
time for relationships, more expressiveness, and control of my anger
3. Personal Growth/Health: refers to your ongoing development as a human being. This may include
organized religion, personal expressions of spirituality, creativity, developing life skills, meditation, yoga, getting
out into nature; exercise, nutrition, and addressing health risk factors like smoking.

Ans: My goal is to grow in areas where I feel weak. For example, academia is practicing more in challenging
subjects. I also try to learn new skills such as dance style, drawing and music. To stay healthy, I exercise every day
and eat a balanced diet. I also meditate for 30 minutes every day, go for a walk, watch the beautiful sunset, and get
in the car to get in touch with nature. To stay focused, we keep our schedule and work hard to reach our goals.

4.Leisure: refers to how you play, relax, stimulate, or enjoy yourself; your hobbies or other activities for rest,
recreation, fun and creativity.

Ans: Free time is an important part of life. You can take a walk, listen to your favorite music, play with family and
friends, watch movies, play sports, and play your favorite sports. I like playing badminton, dancing, watching TV and
traveling.
 THE BULL’S EYE: Read through your values, then make an X in each area of the dart board, to
represent where you stand today. An X in the Bull’s Eye (the centre of the board) means that you are
living fully by your values in that area of life. An X far from Bull’s Eye means that you are way off the mark
in terms of living by your values.

Since there are four areas of valued living, you should mark four Xs on
the dart board.
I am acting very
I am living fully
inconsistently
by my values
with my values
Dedication
Communication
Leadership quality
Teamwork
Management
Creativity
Flexibility

Work/ Education Leisure

Tr
ust

Ange
r

Express

Honest

Individuality

Care

Personal growth/ Health

Relationships
Importance

1. I have the right to feel safe 1.I have a responsibility to reassure people by
making them happy and comfortable.
1. I have the right to feel welcome to 2. It is my responsibility to welcome others at the
the institute or school institutes and schools that welcome me with a
smile and warmth.
2. I have the right to choose whom I 3. I have a responsibility to choose who I want to
play with play with by giving them the opportunity to play
7. I have the right to be included in school equally
7. I have a responsibility
with everyone andto participate
avoiding in school
prejudice
activities activities
against anywith an athletic
particular spirit within me.
person.
3. I have the right to tell someone 4. It is my responsibility to tell others that they
that they can’t join in cannot go with me by providing a reasonable
reason why I am doing so.
8. I have the right to be different in the way 5.8.It's
4. I have the right to tell someone I my responsibility
I have toto
a responsibility tell someone that
participate I
in school
don’t like what
I learn, communicate, theyaround,
move are doing
and don't like their behaviour by showing
activities with an athletic spirit within me.them how
to improve their work and how they can be
look harmful / disturbing to others.
9. I have the right to be acknowledged for 9 I have a responsibility to recognize my abilities and
my skills
5. Iand
haveabilities
the right to express my 6.skills
It isbymy
working in the best
responsibility possible
to give way and fully
a legitimate
committing to a particular task.
opinion opinion, to express my opinion, to express my
10. I have the right to contribute at school opinion
10 I have anda to speak with confidence.
responsibility to contribute at school and
and at home at home by doing my job properly and managing my
time properly.
11. I have the right to be treated fairly and 11 It is my responsibility to be treated fairly and not
not labelled for my differences to label my differences by being confident and
unaffected by the actions of others.
12. I have the right to ask for help 12 It is my responsibility to seek help
 Indicate ‘T’ if Terminal value or ‘I’ if Instrumental Value

A Comfortable Life T Pleasure I

a prosperous life an enjoyable, leisurely life
Equality T Salvation I
brotherhood and equal opportunity for all saved; eternal life
An Exciting Life I Self-Respect T
a stimulating, active life self-esteem
Family Security T A Sense of Accomplishment T
taking care of loved ones a lasting contribution
Freedom T Social Recognition I
independence and free choice respect and admiration
Health T True Friendship T
physical and mental well-being close companionship
Inner Harmony I Wisdom I
freedom from inner conflict a mature understanding of life
Mature Love I A World at Peace T
sexual and spiritual intimacy a world free of war and conflict
National Security I A World of Beauty I
protection from attack beauty of nature and the arts

Ambitious I Independent T
hardworking and aspiring self-reliant; self-sufficient
Broad-minded I Intellectual I
open-minded intelligent and reflective
Capable T Logical I
competent; effective consistent; rational
Clean I Loving I
neat and tidy affectionate and tender
Courageous I Loyal I
standing up for your beliefs faithful to friends or the group
Forgiving I Obedient I
willing to pardon others Helpful I
working for the welfare of others 7

Honest I
After Ranking your values, the final step of identifying your Terminal and Instrumental Values is
to write a short sentence about the meaning of each value. For example, if “National Security” is
one of your higher values, you might understand it (and yourself!) better by identifying why it is
a priority for you.

TERMINAL VALUES WHY THIS MATTERS TO ME?

A comfortable life A comfortable life is one of the things that every man desires. This
means that all my work in my life is paying well.
Equality Everyone should be equally. I should work in such a way that
everyone gets equal of what one deserves.
Self-Respect Self-respect is one of the things I cherish. I always work to
maintain my self-respect.
Family Security Family is most important in my life. I want my family to be secure
and safe at all times and all my work is finally directed to this.
Sense of In the end I should not feel that I have not accomplished anything. I
accomplishment should be proud of all my achievements and look back to them as
good memories.
Health Being healthy is how all other terminal values can be fulfilled.
Hence this is one of my terminal values.
True Friendship A true friend is always a person you can trust and rely on when you
are in need. So I strive to make such good friends and also become
one such good friend to others.
A world at peace The betterment of humanity can be done only if the world is at
peace. Humanity includes all of us. So I will always work in such a
way that I can contribute to this world peace.
Independent Being independent means not relying on others. I want to be
independent so that I can meet my own eye. Also this means that I
can help others, because someone who is dependent on others
cannot help others.
Capable I want to be capable, in every field of life, so that I can do whatever
is needed.

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INSTRUMENTAL WHY THIS MATTERS TO ME?
VALUES
Pleasure These are important to me because these are necessary for me to
Salvation reach my Terminal Values
An Exiting Life
Social Recognition
Inner Harmony
Wisdom
Mature Love
National Security
A World of Beauty
Ambitious
Broad Minded
Freedom
Intellectual
Logical
Clean
Loving
Courageous
Loyal
Forgiving
Obedient
Helpful
Polite
Honest
Responsible
Imiginative.

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So what? (Discussion)
1. What difference does this exercise make?
I got to understand what are my long-term goals and how I am likely to achieve them
through my values.

2. Now that you know these things about yourself, what changes should you consider
making in key areas of your life?
I need to start thinking about myself a little more and say No rather than saying yes and
burdening myself.

3. What does this say about your employment?

I am likely to get employed because I believe honesty and loyalty are values which are
desired values by employers.

4. What does this say about your hobbies or recreational activities?

I have various hobbies which vary from time to time and I like team sports as I am a team
player.

5. What does this say about your relationships within your family? Your marriage, children
(etc)?
I have a vague relationship with my family because we have stayed away from each other
for a long period.

6. If you are currently experiencing conflict with someone, what role might be differing
values play in the conflict? How might you respond to this? Are there ways you can
respect the other person's values while maintaining your own?
Value conflict occurs when one’s values contradict the other person’s value. In my case I
have not experienced such a situation because I adjust to the situation and talk sensibly
whenever there is a conflict.

7. What additional insights has this exercise brought to your mind?

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I need to work on my intrinsic values to achieve my terminal goals. The main goal is
acceptance from my family, which I am trying to gain through honesty and intellect.

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