This document provides an overview of values and ethics in business organizations. It discusses how values are the basis for ethics and influence behavior. Key terms like ethics, values, and corporate social responsibility are defined. Examples of values statements from various companies like ITC, Tata Steel, SAIL, and Infosys are presented, demonstrating a focus on concepts like trusteeship, customer focus, integrity, excellence, and social responsibility. The importance of ethics for business success and having a positive impact on reputation, employees, and customers is explained. Finally, the document discusses individual values systems, educating organizations on ethics, and learning from leaders like Vivekananda and Gandhi.