Who hasn't heard of the many technical terms used in economics? We come across terms such as cash flow, due diligence and VUCA in our studies, work and everyday life. A solid understanding of business management concepts is essential in order to understand economic relationships, make well-founded decisions and move confidently in your studies or professional life.
Munich Business School's business lexicon offers you a comprehensive collection of the most important terms in business administration - precisely defined, clearly explained and supplemented with practical examples. Whether you are just starting your studies, preparing for an exam or want to refresh your business knowledge for your job - you will find the right answers here.
Discover the most important terms from the fields of finance, marketing, corporate management, HR management, strategy, controlling and many other disciplines. So you'll be well prepared - for your studies, your day-to-day work and in business discussions.
Interested in Studying Business Administration?
Business Studies or Business Administration refers to the branch of economics that deals with the management of companies and organizations. It covers all areas of entrepreneurial activity, from strategic planning and operational implementation to controlling and cost accounting. Business Studies is divided into two major sub-disciplines that deal with different tasks and issues: the general business studies (or General Management) and the special business studies (or Function Management).
Interested in Business Studies?
Our Bachelor's and Master's Degree Programs will provide you with relevant knowledge and skills you need for a successful career.
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