Musyarakah: Definition, Pillars, Types, and Differences with Murabaha Contracts
Musyarakah is an important contract in Islamic economics, which is increasingly recognized by residents in Indonesia. As adherents of Islam […]
Economics
Chief Financial Officer (CFO): Definition, Duties, and Roles
The Chief Financial Officer (CFO) is a senior executive overseeing the company’s finances. As a c-suite member or the highest-ranking
Economics
Amortization: Definition, Methods, Benefits, and How to Calculate
Amortization is – In accounting you could say that an asset is a resource with economic value that has its own
Adam Smith’s Thoughts in The Wealth of Nations
An Inquiry into the Nature and Causes of the Wealth of Nations , one of Adam Smith’s masterpieces which until
Understanding Inflation: Definition, Causes, and Effects
Inflation is one of the main topics in economic studies. The amount of inflation is very influential on the economic
Product Life Cycle: Understanding the Stages of Product Development
Similar to the product planning stages, the life of a product also has its stages. The stages of a product’s
The Importance of Packaging: Functions, Benefits, and Types Explained
Packaging is something that is very important and cannot be separated from the marketing and distribution process of a product. So what exactly
What Triggers Economic Recession: Definition, Causes, and Impact on Society
In measuring the development and progress of a country, of course the main reference or indicator is how much economic growth is.
5 Things You Should Know About Sales
Business pals, hearing the word ” sales ” doesn’t sound familiar anymore, doesn’t it? Its vital role for the company
Sales Forecasting: Definition, Importance, and Techniques
What is a Sales Forecast? Sales forecasting or sales forecasting is the process of estimating future revenue by predicting the
What is the difference between Revenue and Income? Here’s the explanation
Often Confused What is the difference between Revenue and Income? Here’s the explanation – Without realizing it, usually some financial terms are
Understanding Market Share: Definition, Importance, and Metrics
As we know, market share is a very determining factor for the success of a business. Then actually, what is the meaning of market
3 Basic Investment Principles from Warren Buffett
Warren Buffett is a legendary investor and billionaire who is greatly admired in the United States and throughout the world. Not surprisingly,
The Gig Economy Explained: Definition, Benefits, and Risks
Gig Economy is a term that has recently been booming among the public. The gig economy was born from significant
Economic Goods: Definition, Types, and Examples
In economics, there are three types of goods that humans can use to support their survival. The three types of
Introduction to Microeconomics: Definition, Theory, Objectives and Scope
Are You looking for references on microeconomic theory? That’s right, sometimes there are still many people who can’t tell the
10 Points of Washington Consensus Policy According to John Williamson
When discussing the Washington Consensus, it is also important that we discuss Neoliberalism. Basically, neoliberalism is not a big theory.
What is Capitalism? Definition and Characteristics
Ideology is an idea, thought, or principle that is owned by an individual or group of people. This time, we will
Advantages, Disadvantages of Perfectly Competitive Markets
In general, a perfectly competitive market is a market structure in which a large number of buyers and sellers are
How to Determine Market Segmentation
Like an archer athlete, a successful business can certainly determine the right target market . An archer must already know
SWOT Analysis: Benefits, Factors and Examples
Strengths, Weaknesses, Opportunities, Threats is an acronym for SWOT. SWOT Analysis is a strategic planning techniques that are useful for
Understanding Accounting and Its Importance in Business
For some people, the science of accounting is related to the calculation system, but the fact is that accounting is a process
Definition of Distribution: Function, Purpose, and Types of Distribution
Distribution is one of the processes carried out in economic activities and plays an important role in providing human needs. So what exactly
What Are Economic Bubbles, How To Avoid Them?
The term economic bubble or often also referred to as a speculative bubble or financial bubble. This is one thing to
Definition of Embargo, Types, and Case Examples
In short, the definition of an embargo is a prohibition issued by the government in a country to import or
Product Differentiation: Definition, Strategy & Impact for Business
What is product differentiation? Product differentiation is the process that differentiates your product or service from others. This process involves detailing
Understanding Gimmick Marketing
The ideal gimmick is low cost but still manages to attract the attention of many potential customers. More than that, a
How to Calculate Working Capital?
Working capital is the company’s ability to pay current liabilities with current assets . Working capital is an important measure
What is Gross Profit Margin (GPM)?
Gross Profit Margin is a metric that analysts use to assess a company’s financial health by calculating the amount of
The Concept of Demand and Supply in Economics
What is the Law of Supply and Demand? The law of supply and demand is a theory that explains the
From Mudharabah to Ijarah, Get to Know the Principles of Islamic Banking
Islamic banks are banks that carry out their activities based on Islamic law (Islamic principles). This bank is also called an
Understanding the Meaning of Economic Bubbles
There is a phenomenon in economic studies called economic bubbles or bubble economy . This phenomenon occurs in many countries
Understanding Economic Growth: Characteristics, Factors and Measurement Methods
The economic growth of a country is closely related to the welfare of its people which also becomes a benchmark
Kakeibo, Japanese Tricks to Manage Finances
Kakeibo is a Japanese concept art of financial management that teaches us how to save more by reducing the amount
The Concept of Deflation and Its Impact on the Economy
In the previous material, we have studied the definition of inflation, its triggering factors, and economic policies to overcome it.
Concepts of Utilitarianism, Liberalism, Libertarianism, and Socialism in Economic Policy Determination
Concepts of Utilitarianism, Liberalism, Libertarianism, and Socialism in Economic Policy Determination. Determination of economic policy is a classic problem that
Economics
What is Accumulation? Definition, Types, and How to Count
Definition of accumulation – Accumulation is a periodic addition, for example returns or deposit interest . Have you heard the term accumulation? You may often