Business Administration (BWL) is the scientific examination of the "economy" of "enterprises". "Operation" is a narrower traditional term for business. "Business" is understood as the responsible use of scarce resources. Ie. In business administration, it is fundamentally about investigating the use of resources such as raw materials, goods, personnel and capital in companies, as well as developing knowledge and tools in order to shape enterprise activity in all its dimensions in such a way that the input / output Ratio is as optimal as possible.
Business Administration (BWL) deals with the scientific examination of the economic activities of companies and the responsible use of scarce resources. Basically, it is about investigating the handling of resources such as raw materials, goods, personnel and capital in companies as well as the development of insights and tools to design existing processes and existing structures in companies in such a way that the input / output ratio is as optimal as possible ,
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