Posts

FinTech Concept - Definitions

Image
Definition of Fintech FinTech Concept FinTech is services provided to individuals and companies with the aim of integrating technology with the financial transactions that people make in order to facilitate their lives and save them time. Such as the following services in brief: Money transfer service " PayPal ". Payment service in the Apple Store " Apple Pay ". The service of enabling online purchases using " bank payment cards ". The " Online Stock Trading " service is " Fintech " like Thndr App in Egypt or "IBKR" in USA. Automated teller machine ( ATM ) withdrawal service. And many other services that are provided in the field of fintech, help companies and individuals to manage the financial aspects of their business in a simple and effortless manner.

Marketing Concept - Definitions

Image
Definition of Marketing Marketing Definition There are many definitions of the term marketing, and we will review two of them: Marketing can be defined as the process by which companies provide value to customers and build strong relationships with them in order to obtain value from customers. Marketing is a set of activities that work to discover the desires of customers and develop a set of products or services that satisfy their desires and achieve profits for the organization during an appropriate period of time.

Economic Resource Concept - Definitions

Image
Definition of Economic Resources Economic Resource Concept Economic resources are often characterized by relative scarcity, that is, the available amount of them is usually insufficient to produce multiple and renewable human goods and services. We can know it through the following: Economic resources can be defined as anything suitable for the production of goods and services that satisfy human needs. Economic resources can be defined in every other way as the stock of wealth available in society, in addition to being called the factors of production or the inputs of the production process. Elements of economic resources Economic resources are divided into four elements: The Capital element. The Labor element. The Land element. Organization, and Management element. Reasons for studying economic resources What is the reason for the interest of economists in the study of economic resources? If we look at economic resources and why economists are interested in studying them, we will ...