Doctoral studies

subject area
university type - Austria  
university status  
Vienna, Austria

Business and Economics


Language: German Studies in German
Subject area: economy and administration
University website:
Doktor/in der Wirtschaftswissenschaften, Dr. rer. oec
6 Semester
180 ECTS
Business is the activity of making one's living or making money by producing or buying and selling goods or services. Simply put, it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors." The term is also often used colloquially (but not by lawyers or public officials) to refer to a company, but this article will not deal with that sense of the word.
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
An artisan busies himself with his work for three hours each day and spends nine hours in study.
Maimonides, Treatise 3: “The Study of the Torah,” Chapter 1, Section 12, H. Russell, trans. (1983), p. 52
All businesses operate below their true potential. That is unavoidable, given the fallibility of human beings.
Robert Heller, British management journalist and author. 'The Competitors', Chapter 10, The Decision makers (1989).
In business affairs, it is the manner in which even small matters are transacted that often decides man for or against you.
Samuel Smiles. 'Men of business', Chapter 9, Self-Help (1859).
Depletion and the negative environmental impact of fossil fuels are the main drivers behind the quest for renewable energy technologies. EU-funded scientists studied the potential of newly developed prototype devices to exploit geophysical flows.

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