ABSTRACT
This chapter discusses the various challenges of organizational ethics in detail and concepts and analytical tools to address them. It also defines basic concepts, such as responsibility and business-specific responsibilities, and different elements of organizational ethics, such as corporate responsibility (CR), ethical culture, and ethics and compliance programs. The concept of responsibility is used in different ways and has different meanings. A specific business or company usually has a well-defined competence, purpose, and mission. The business’s main goals are to fulfil its purpose, provide certain goods or services, and generate profits. For determining the specific responsibilities of a given business, need to identify the stakeholders and the impacts of the business, ethically evaluate those stakeholder relationships and impacts, identify the degree of responsibility the business has for them, and finally develop feasible strategies to assume responsibility. The Ethical Life Cycle Assessment (ELCA) is applicable to businesses that market a product.
