The concept surplus refers to the situation that occurs when there is an excess of something necessary. In the area of finance, the surplus occurs when income is greater than expenses. In this case, the income generated covers the expenses, since the capacity to collect income exceeds the burdens borne by an administration, organization or … Read more
One of the most important concepts in marketing is that of buying behavior. It has a lot to do with the way people act, so we could think that this term is psychological (and it is), but because it moves in an economic field we can also indicate that it has to do with economía. … Read more
The concept of sponsor or sponsor refers to an organization or person that sponsors, supports or finances a project or activity, usually for commercial and advertising purposes. The word comes from English, and this in turn comes from Latin sponsor, which means'guarantor'. When being Castilianized, the term sponsor is also often used. Sponsorship supposes a … Read more
The concept of statistics is understood as the set of data that are collected and analyzed in order to find an explanation for a predisposition towards a conjecture that has been observed over time. To complete this definition of statistics, we will add that it is transversal, that is, it can be applied in different … Read more
A commercial company, or a company in general, must be directed or administered on a day-to-day basis by an administrative body. This can either be constituted by a board of directors, or by one or more administrators, who do not constitute a board. In the case of the sole administrator, all powers and responsibilities relating … Read more
The term inputs is commonly used to define everything that serves human beings for their life and development. It would therefore be all those goods that we can find both in nature and in society. In economic terms, the meaning of the word inputs is limited to those goods that serve as raw material for … Read more
When there is a self-insurance we are talking about an "insurance" that uses its own resources to be able to cover the costs that arise from a claim. In this case, the person or company in charge assumes the consequences of the risks to which they are exposed. It is the opposite of the acquisition … Read more
The Smart model, also known as Smart lenses, was developed in 1981 by Professor George T. Dorian. In order to create a system that would serve to fix goals. Smart objectives help companies achieve their goals. The term Smart objectives comes from the acronym in English of the words Specific, Measurable, Achievable, Realistic, in Time. … Read more
When we talk about Gross National Savings (ANB) it refers to the total savings that exist in a country. Said savings can be invested in himself or in the rest of the world, and they exist: both public savings and private savings. The former refer to the savings of public administrations or the State, while … Read more
The stock market, also known as the stock market, is a market in which those who demand capital are found, which are mostly companies, and those who are interested in investing to achieve profitability. There are also intermediaries who are responsible for managing each of the transactions that are carried out. To understand how the … Read more
