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PROFESSIONAL PRACTICE (FINANCIAL AFFAIRS (FINANCING (Internal and external…

- - - - The word investment carries with it the idea of using resources in order to achieve some benefit, be it economic, political, social, personal satisfaction, among others.
    - - Temporary investments: Those made temporarily, in order to keep producing excess revenue of resources for a period not exceeding one year, or in other circumstances, the normal business cycle of the company.
      - Long-term investments: Are those that are made by pursuing different objectives such as using surplus resources to produce some additional income momentarily.
        
        To be considered a long-term investment, it is necessary that factors occur that indicate that the company intends to remain as the owner of such investment, for a period exceeding one year or its normal operating cycle.
  - - - Internal financing: is one in which the company uses its own economic means, product of its activity, to reinvest its benefits in itself. It can come from reserves, own funds, amortizations, etc.
        External financing: is that which comes from investors who are not part of the company. For example: bank financing or a sponsor.
    - - Short-term financing: is one whose term of maturity is less than one year, such as, for example, bank credit.
        Long-term financing: is one whose expiration term is greater than the year, although it may also not have a deadline for its return (when it comes from friends or relatives). Such is the case of capital increases, self-financing or some bank loans.
    - - Financing is an important driver for the development of the economy, because it allows companies to access resources to carry out their activities, plan their future or expand.
        
        The most common way to obtain financing is through loans or loans to banks. In general, it is money that must be returned in the near or distant future, with or without interest, in full or in installments.
  - - - The coordination and negotiation of the members of the areas of each activity for its execution according to the experience acquired in previous budgetary processes, as well as to the contingencies that may arise.
        
        The framework established by senior management towards the management centers for the preparation of their action plans, programs and budgets
        
        The responsibility centers established by each operation unit and for which budgetary activities are scheduled within the term established by senior management.
        
        The approval by senior management, after the necessary adjustments at the end of the budget preparation process of the operating units, following the formal structure by the persons in charge of establishing the connection between the centers of responsibility and the high amounts
    - - Oblige planning
        
        Provide criteria for performance evaluation
        
        Facilitates the coordination of activities
        
        Obligates the execution of plans
        
        Encourage communication
        
        Support in the detection of internal problems
- - - - The strategic objectives considered essential to achieve the future success of an organization. The author Fred David in his book Conceptos de Administración Estratégica, states:
        
        The objectives can be defined as the specific results that an organization aims to achieve through the fulfillment of its basic mission.
        
        The long-term objectives represent the results that are expected from the monitoring of certain strategies. The strategies are the actions that will be undertaken to achieve the long-term objectives. The time frame of the objectives and strategies should be consistent, usually between 2 and 5 years.
        
        The organizations seek to develop strategies that allow them to achieve their objectives, being the goals that are intended to be achieved in the long term according to the mission of the organization, so the course that it must follow to reach success is established, through strategies that represent the means through which they will achieve it.
    - - Achievable.
        
        Understandable
        
        They must be quantified or expressed in figures.
        
        They are located in a time horizon.
        
        They must be derived from the institution's strategies.
        
        They must not be abstract.
        
        They must have the ability to transform themselves into specific tasks.
        
        They should enable the concentration of resources and effort.
        
        They must be multiple.
    - - How to use the goals and set objectives
        
        Your goals can help you set goals. You must learn to plan backwards. Start by imagining that your business has reached those goals. Then imagine the last step you have taken to achieve it.
        
        For the development of a virtual educational institution focused on the secondary level of our country, the strategic goals and objectives that should be pursued are the following:
        
        STRATEGIC GOALS
        
        Reinforce and expand the participation of society in the educational action
        
        Achieve educational equality and overcome all forms of discrimination in education
        
        Increase the supply of secondary education and enhance its educational character
        
        Increase the number of young people who complete secondary education
        
        Improve the quality of virtual education and the school curriculum
        
        Strategic objectives
        
        Strengthen virtual education activities incorporating new information and communication technologies in the teaching-learning process.
        
        Consolidate the use of virtual learning environments.
        
        Support teachers of different academic units in the design and development of virtual content.
        
        Promote in conjunction with academic units, the formation of more flexible educational plans and programs in the formulation of integrating content supported by virtuality.
  - - - Strategic plan
        
        Provision of both the teacher and student during the teaching-learning process, strengthening good communication and responsibility when using the virtual platform.
        
        Make or place flexible educational activities within the platform.
        
        Make use of the different multimedia tools for the potentialization of the classes.
        
        Show dosed content and easy understanding of students.
- - - - THAT REGULATES THE FUNCTIONING AND ARTICULATION OF POST-MEDIA EDUCATION CENTERS AND HIGHER EDUCATION CENTERS OR HIGHER, OFFICIAL AND PRIVATE INSTITUTES, AND DICTATES OTHER PROVISIONS "
  - - - You have to open a bank account, a procedure that must be done after having created the company and after having obtained the Notice of Operations.
    - - The S.A. they are the system by which 90% of Panamanian businesses are administered.
        The protection it offers from the identity of its shareholders and limitation to the capital and assets of the company in times of risk is the ideal instrument to be able to separate the investment made by the partners from the personal assets of the owners.
    - - Then you can make the hiring of public services (water, electricity, telephone, etc.) and private (Internet, cable, etc.), as it is supported by the documents of the constitution of the company and the Notice of Operations
    - - The hired personnel must be registered in the Ministry of Labor and Social Security or CSS.
- - - - . Based on the results obtained, the decision is made about whether to enter that sector or not with the product or service itself.
        
        Some of the most important aspects to analyze are the following:
        
        Analysis of the companies that compete in the market in all aspects: importance of each one within the total, prices that mark or with what margins they act.
        
        Collect the maximum information about the needs and preferences shown by the target audience.
        
        Capturing those aspects that are reinforced in the different marketing campaigns.
        
        Spaces through which the potential audience is informed.
  - - - Marketing mix - Price
        
        The price is a quantity of money ordered in exchange for a product or service. It is the sum of the values that consumers exchange for the benefits of having or using the product or service.
        
        t is the term used to describe the monetary value of an object.
        It is the monetary value assigned to a product or service according to its demand and quality.
      - Marketing mix - Product
        
        It is anything that can be offered to a market for its attention, acquisition, use or consumption and that will be able to satisfy a need or desire; It includes physical objects, services, people, places, organizations and ideas.
        
        The ideal product is the one that remains in the mind of the consumer and respecting that idea is how the product is created, modified, manufactured, presented, distributed and advertised.
      - Marketing mix - Promotion
        
        The promotion makes use of direct or personal marketing efforts: Contests at the level of the final consumer and indirect or impersonal efforts exemplified by advertising.
        
        It is a set of activities aimed at promoting the company's products in the market.
        
        It is an element of the marketing mix of an organization that serves to inform the market and persuade it about their products and services.
        
        The promotion consists of promoting goods and services through direct or indirect communication of the products to the selected market.