Economics Of Business — 2nd
Sep. 2018 — An intensive training course that combines theoretical knowledge with practical application, focusing on the key accounting and economic principles that directly impact the feasibility of small and medium-sized enterprises. The course is designed to equip participants—both specialists and non-specialists—with a clear understanding of essential financial and economic aspects, and how to apply them in developing effective business models or crafting practical, actionable strategies.
The course content helps participants gain insight into the following areas:
— Core foundations of a viable business model
— Optimal methods for pricing products and services
— Advantages and disadvantages of different profit structures
— Evaluation of strengths and weaknesses within target markets
— Strategies for resource utilization and profit margin enhancement
— Accounting approaches to leveraging business expansion
— Techniques for forecasting future accounting data and indicators
— Understanding macroeconomic trends and their impact on market dynamics
The course content helps participants gain insight into the following areas:
— Core foundations of a viable business model
— Optimal methods for pricing products and services
— Advantages and disadvantages of different profit structures
— Evaluation of strengths and weaknesses within target markets
— Strategies for resource utilization and profit margin enhancement
— Accounting approaches to leveraging business expansion
— Techniques for forecasting future accounting data and indicators
— Understanding macroeconomic trends and their impact on market dynamics
Instructors
Abdullah Al-Salloum
Economist, strategic developer, investor and author
Videos
Opinion
Reem Abdullah Al-Shammari
Kuwait
06 Sep. 2018 • 06:23 pm
Course positives: it provided easy tools for analyzing costs, profits, and product pricing, in addition to how to deal with market changes in terms of supply and demand and how to extrapolate future project data. I benefited greatly from these aspects and am happy with the new knowledge I gained. As for my note, I hope a simple introduction to some scientific concepts can be added so that the course better suits all audience levels and academic backgrounds.
Majed Awad
Kuwait
06 Sep. 2018 • 08:50 am
The course focused somewhat on businesses related to goods rather than on service-based businesses and the economics specific to them.
Abdullah Turki Al-Enezi
Kuwait
06 Sep. 2018 • 08:24 am
Peace be upon you. May God grant you health and wellness, Mr. Abdullah. I benefited greatly from the course, and it was enjoyable and useful that we applied every case we studied to examples so the information and purpose became clear. I only wish we had studied cases from the Kuwaiti market and the reasons for their success or failure, but hopefully next time :-) Best of luck ?
Dalal Mutlaq Al-Sumairan
Kuwait
06 Sep. 2018 • 12:16 am
Positives: excellent location and excellent timing. Negatives: the need for more course material for the content, and the marketing aspect was neglected.
Zaid Mohammad Al-Sanae
Kuwait
05 Sep. 2018 • 11:31 pm
In complete honesty, I will say what I saw. The academic material was excellent. The practical applications were very excellent, realistic, and could be used quickly and directly. The explanation and delivery of information were excellent, and that is where the beauty of the course lies. What we usually hear from economics experts outside the course is often complicated for non-specialists, but Mr. Abdullah Al-Salloum’s explanation was brilliant because he simplified complex ideas in a simple way, and that is the true brilliance. Time organization was excellent as well; despite the long hours, the trainee does not feel them because of the richness of the content and the breaks. For me, the course was excellent both professionally and personally, and I thank Mr. Abdullah Al-Salloum for his distinctive contribution and excellent performance. I am confident that, God willing, I will attend future courses to increase my knowledge, because they are genuinely useful for anyone in any field. Thank you, Mr. Abdullah, and may God grant you health.
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