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Youth Unemployment

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SCHOOL OF BUSINESS LEADERSHIP
STUDENT: NOZIZWE DAISY NYAMANE
STUDENT NUMBER: 05153638
ASSIGNMENT: 02
LECTURER: PROF NICOLAIDES
DUE DATE: 2 SEPTEMBER 2015

TABLE OF CONTENTS NO | SUBJECT | PAGE | 1.1 | Morality of the actions of JPMorgan Chase &co. | 3 | 1.2 | Should the boss bear the blame | 5 | 1.3 | Elements of moral judgement | 8 | 1.4 | Where people get their values | 11 | | List of References | 14 |

QUESTION 1.1 MORALITY OF THE ACTIONS OF JP MORGAN

According to Buchholtz and Carroll (2012) moral management conforms to the highest standards of ethical behaviour or professional standards of conduct, motives, goals orientation towards the law and general operating strategy.
Moral management pursues its objectives of profitability, legality, and ethics as both required and desirable. Moral management would not pursue profits at the expense of the law and sound ethics.
The operating strategy of moral management is to live by sound ethical standards, seeking out only those economic opportunities that the organization or management can pursue within the confines of ethical boundaries. The organization assumes a leadership position when ethical dilemmas arise.
The stakeholders at JPMorgan Chase & Co. case include executives at the bank, other employees, competitors to JP Morgan and those who have accounts, funds, stocks, etc. associated with the bank.
The executives of JPMorgan Chase & Co. had one major interest in their positions i.e. to maximize profits for the bank. The executive looked to continue this profit-streak, and keep finding large profits each quarter.
According to the normative ethical theories, The JP Morgan Chase &Co executives conformed to amoral management where their motives were well-intentioned but selfish in the sense that impact on others was not considered. Their goal was profitability. They gave their trader a free

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