Grundzüge der Betriebswirtschaftslehre

Knowledge of fundamental business principles is a necessary prerequisite for anyone working in a responsible position within companies or preparing for such a role as a student. It is often less about specific detailed knowledge and more about the ability to conceptually understand business contexts and grasp operational problems in their specific economic essence. The structure and content of the textbook are shaped by this fundamental consideration. For the 19th edition, content revisions have been made, particularly in the eighth chapter (external corporate accounting), including necessary updates regarding applicable legal regulations. Additionally, necessary clarifications have been made in the discussions on company valuation in the sixth chapter.