Madrid, Spain

Mechanical Engineering and Business Management and Entrepreneurship

Bachelor's
Table of contents

Mechanical Engineering and Business Management and Entrepreneurship at European University of Madrid

Language: EnglishStudies in English
Subject area: engineering and engineering trades
Language: Bilingual (80% English)
University website: www.uem.es

Definitions and quotes

Business
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.
Engineering
Engineering is the creative application of science, mathematical methods, and empirical evidence to the innovation, design, construction, operation and maintenance of structures, machines, materials, devices, systems, processes, and organizations. The discipline of engineering encompasses a broad range of more specialized fields of engineering, each with a more specific emphasis on particular areas of applied mathematics, applied science, and types of application. See glossary of engineering.
Entrepreneurship
Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business. The people who create these businesses are called entrepreneurs
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Mechanical Engineering
Mechanical engineering is the discipline that applies engineering, physics, engineering mathematics, and materials science principles to design, analyze, manufacture, and maintain mechanical systems. It is one of the oldest and broadest of the engineering disciplines.
Mechanical Engineering
This is a great drawback on the introduction of steam-vessels generally abroad; and until the profession of mechanical engineering is considered a fit pursuit for respectable young men, it must remain so.
MacGregor Laird (1837) Narrative of an expedition into the interior of Africa. Vol 1. p. 13
Management
Administration is the most obvious part of government; it is government in action; it is the executive, the operative, the most visible side of government, and is of course as old as government itself.
Woodrow Wilson, "The Study of Administration," Political Science Quarterly, Vol. 2, No. 2 (June, 1887), pp. 197-222.
Mechanical Engineering
Engineering is no longer just an industrial discipline or technology — it is also a concept of statesmanship and of humanitarianism and a challenge worthy of our best. Mechanical Engineering is a career which follows a never-setting sun.
: The Journal of the American Society of Mechanical Engineers (1963) Vol 85. p. 93
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