Values
In the area of marketing and consumer behavior, value research has been heavily influenced by the theoretical and operational contributions of Milton Rokeach. "To say that a person 'has a value' is to say that he has an enduring belief that a specific mode of conduct or end-state of existence is personally and socially preferable to alternative modes of conduct or end-states of existence" (Rokeach, 1968)
They are the ". . .cognitive representations and transformations of needs" and provide the criteria or standards by which judgments are made (Rokeach, 1973)
Rokeach, as well as a large number of other value analysts, contend that values exist in a hierarchical, interconnected structure. That is, while all values are important and linked together, some values are more important than others.
when college students are asked to rank-order the Value Survey, many complain that certain values "clump together" and these value "clumps" take on differential importance. "It is the rare and limiting case," Williams suggests (1968), that ". . .a person's behavior is guided over a considerable period of time by one and only one value . . . more often particular acts or sequences of acts are steered by multiple and changing clusters of values."
VALUE
A belief that one condition is preferable to
its opposite
VALUE
SYSTEM
Rankings of importance of values in a
culture
ENCULTURATION
Learning beliefs and values endorsed by
one’s own culture
ACCULTURATION
Learning the beliefs and values endorsed by
another culture
Cultural values such as security or happiness, consumption-specific values such as convenient shopping or prompt service and product specific values such as ease of use and durability affect the relative importance that people in different cultures place on possessions. However such a distinction may border on abusing the value concept because it is normally taken to represent the most general level in social psychological heirarchy.