management consulting / consultancy
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management consulting
The activity of professionally advising companies in order to improve their efficiency, organization, or profitability. Refers to the service itself.
Nach der Fusion nahm die Firma eine Unternehmensberatung in Anspruch, um die Abteilungen neu zu strukturieren.
After the merger, the company used management consulting to restructure the departments.
consultancy
A company or firm whose business model is to advise other companies for a fee.
Sie hat nach ihrem Studium einen Job bei einer internationalen Unternehmensberatung bekommen.
After her studies, she got a job at an international consultancy.
This long word is made up of three parts: 'Unternehmen' (company) + '-s-' (linking element) + 'Beratung' (consulting/advice). So it literally means the consulting of companies.
Eine gute Unternehmensberatung kann einer Firma in der Krise helfen.
Good management consulting can help a company in crisis.
The word has two meanings: the service (uncountable, often without an article) and the firm (countable, often with the article 'eine' (a/an) or in the plural). Pay attention to the article and the verb to recognize the meaning.
Unser Betrieb braucht professionelle Unternehmensberatung.
Our business needs professional management consulting.
When the service is meant, the word is often used with verbs such as 'in Anspruch nehmen' (to make use of), 'anbieten' (to offer), or 'benötigen' (to need).
Viele Start-ups nehmen am Anfang eine Unternehmensberatung in Anspruch.
Many start-ups make use of management consulting at the beginning.
When the firm is meant, typical combinations are 'bei/für eine Unternehmensberatung arbeiten' (to work at/for a consultancy), 'eine Unternehmensberatung gründen' (to found a consultancy), or 'eine Unternehmensberatung beauftragen' (to hire a consultancy).
Er möchte nach dem Studium bei einer großen Unternehmensberatung einsteigen.
After his studies, he would like to start at a large consultancy.
consulting
Consulting and Unternehmensberatung (management consulting) can both refer to the same kind of external professional advice. Consulting is an English-influenced industry term and can also highlight technical or organizational specializations. Unternehmensberatung is the German term for advising companies.
Für die neue Geschäftsstrategie nimmt die Firma externe Unternehmensberatung in Anspruch.
The company is bringing in external management consulting for its new business strategy.
Für die neue IT-Strategie nimmt die Firma externes Consulting in Anspruch.
The company is bringing in external consulting for its new IT strategy.
