business-management
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business-management
Relating to business administration (BWL); concerning the economic aspects of a company.
Aus betriebswirtschaftlicher Sicht ist die Investition sehr sinnvoll.
From a business-management perspective, the investment makes a lot of sense.
This long word can be broken down into its components: 'Betrieb' (business/company), 'Wirtschaft' (economy/business), and the ending '-lich', which makes it an adjective. The 's' in between is a linking sound that connects the parts.
Die betriebswirtschaftliche Abteilung kümmert sich um die Finanzen.
The business-management department takes care of the finances.
The adjective is very often used in the fixed expression 'aus betriebswirtschaftlicher Sicht' (from a business-management perspective) to express a perspective or opinion.
Aus betriebswirtschaftlicher Sicht müssen wir die Kosten senken.
From a business-management perspective, we have to reduce costs.
Common nouns combined with this adjective include 'Analyse' (analysis), 'Entscheidung' (decision), 'Kenntnisse' (knowledge/skills), and 'Denken' (thinking).
Für diese Position sind betriebswirtschaftliche Kenntnisse erforderlich.
Business-management knowledge is required for this position.
This word belongs to the technical language of business and is used mainly in professional, academic, or formal contexts.
Im Studium haben wir eine betriebswirtschaftliche Fallstudie analysiert.
In our degree program, we analyzed a business-management case study.
economic / economical
'wirtschaftlich' and 'betriebswirtschaftlich' look similar, but they are not used in the same way. 'wirtschaftlich' is general: it can refer to the economy as a whole or to whether something is economical, profitable, or cost-effective. 'betriebswirtschaftlich' is more specific and refers to business administration (BWL) or to economic questions within a company, for example cost accounting, profit, planning, or organization. Learners can confuse the words because both have to do with the economy. When it is generally about the economy or profitability, 'wirtschaftlich' fits. When it is about a company's perspective or business administration, 'betriebswirtschaftlich' is more precise.
Aus betriebswirtschaftlicher Sicht muss die Firma ihre Lagerkosten senken.
From a business-management perspective, the company needs to reduce its storage costs.
Wirtschaftlich ist die Lage im Moment schwierig, weil viele Preise steigen.
Economically, the situation is difficult at the moment because many prices are rising.