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Explain the following term/concept. Moral Values - Organisation of Commerce and Management

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Question

Explain the following term/concept.

Moral Values

Explain
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Solution

  • Moral values are the fundamental beliefs and principles that guide individuals in determining what is right and wrong, good and harmful. They shape a person’s character and influence behaviour in personal and social life. Examples of moral values include honesty, kindness, compassion, respect, fairness, and responsibility.
  • These values help people make ethical choices, treat others with dignity, and contribute positively to society. They are often influenced by family upbringing, culture, religion, and personal experiences and serve as a compass for living a meaningful and principled life.
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Business Ethics
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Chapter 6: Social Responsibilities of Business - Exercise [Page 130]

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Balbharati Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 6 Social Responsibilities of Business
Exercise | Q 2. 4) | Page 130

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