das Geschäftsfeld
Translation
business field, business area, line of business, sector
Examples
Das ist ein neues Geschäftsfeld für unsere Firma.
This is a new business field for our company.
Wir expandieren in neue Geschäftsfelder.
We are expanding into new business fields.
Grammar Patterns
to expand into ((sth.)) The company is expanding into a new Geschäftsfeld.
Similar Words
Synonyms: die Branche (industry), der Sektor (sector), der Geschäftsbereich (business division)
Etymology
A compound noun from 'Geschäft' (business) + 's' (linking element) + 'Feld' (field).
Memory Tips
Think of it literally as a 'business field'. Just like a farmer has a field, a company has its field of business.