SWOT Analysis- To Make Your Business A great deal more Profitable

Generally speaking, business ethics is a normative discipline, whereby particular ethical standards are advocated and then applied.

Business ethics should be distinguished from the philosophy of business, the branch of philosophy that deals with the philosophical, political, and ethical underpinnings of business and economics. Business ethics operates on the premise, for example, that the ethical operation of a private business is possible -- those who dispute that premise, such as libertarian socialists, (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper.

Business ethics is also related to political economy, which is economic analysis from political and historical perspectives.

Business Ethics and Social Responsibility

SWOT Analysis is a well-known method for describing a business or business propositions in terms of those factors that can have the maximum impact. The business owner does this analysis in order to improve the current position of the business. The Strengths and Weaknesses of the business are considered to be the internal aspects of a business, such as the quality of the product or the managerial skills. The strengths and weaknesses of a business can be found in the following: . Sales: The strength of sales, how dependent your sales are on external factors, and cyclical sales are some of the factors that affect the business. . Financial: The factors affecting the financial condition of your business determine its strengths and weaknesses.