business administration
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business administration
An academic discipline that deals with economic processes and decisions in companies. It is a subfield of economics and is often abbreviated as BWL in German.
Sie studiert Betriebswirtschaftslehre im fünften Semester.
She is studying business administration in her fifth semester.
This long word can easily be broken down into its components: 'Betrieb' (company), 'Wirtschaft' (economy), and 'Lehre' (academic discipline). The '-s-' sounds in between are linking sounds that connect the parts.
Die Betriebswirtschaftslehre beschäftigt sich mit den Prozessen innerhalb eines Unternehmens.
Business administration deals with the processes within a company.
In everyday life, and especially in a university setting, the abbreviation 'BWL' is almost always used. The full form 'Betriebswirtschaftslehre' (business administration) is more common in formal or written contexts.
Mein Bruder studiert BWL in München.
My brother is studying BWL in Munich.
As the name of a university subject, the word is typically combined with the verb 'studieren' (to study). You can also speak of a 'Studium der Betriebswirtschaftslehre' (degree/course of study in business administration).
Immer mehr Abiturienten entscheiden sich, Betriebswirtschaftslehre zu studieren.
More and more high school graduates are choosing to study business administration.
management
'das Management' and 'die Betriebswirtschaftslehre' both belong to the topic of companies. 'Management' means practical leadership: planning, organizing, making decisions, and achieving goals. 'Betriebswirtschaftslehre', on the other hand, is a subject or academic discipline that studies economic processes and decisions in companies. Learners may confuse the words because in BWL (business administration) you learn a lot about management. In practical terms: management is something you do in an organization; Betriebswirtschaftslehre is something you study or learn as a subject.
Im Studium der Betriebswirtschaftslehre lernt Sofia, wie Unternehmen Kosten und Gewinne planen.
In her business administration degree program, Sofia learns how companies plan costs and profits.
Gutes Management hilft dem Team, die Arbeit besser zu planen.
Good management helps the team plan its work better.