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- DictionaryBusi·ness de·vel·op·ment
noun
- 1. the activity of pursuing strategic opportunities for a particular business or organization, for example by cultivating partnerships or other commercial relationships, or identifying new markets for its products or services: "Roy brings with him over 17 years in strategy planning and business development"
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4 days ago · Learn what business development is, how it works within an organization, and what skills are needed for it. Explore 10 potential areas for business development, such as sales, marketing, partnerships, and innovation.
Business development is the creation of long-term value for an organization from customers, markets, and relationships. Learn how business development differs from sales, how to measure its impact, and how it aligns with marketing.
Sep 5, 2023 · Business Development is a strategic process that aims to expand and improve a company's profitability and market presence. It involves identifying opportunities, building relationships, and creating strategies to foster growth. Learn the key concepts, strategies, and the importance of Business Development in a competitive business landscape.
Jan 11, 2023 · Learn what business development is, how to create a business development strategy, and what skills business development representatives need. Find out the difference between business development and sales, and explore examples of business development activities and goals.
Aug 17, 2021 · Business development is the process of implementing strategies and opportunities across your organization to promote growth and boost revenue. Learn how business development reps (BDRs) help you find and qualify leads, identify prospects, and seek new business opportunities.
- Kristen Baker
Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. [1] It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. [2]
Jul 24, 2023 · Business development is a strategic process that aims to unlock a company’s growth potential and enhance its overall value. It involves market research, networking, sales and marketing alignment, strategic planning, innovation, risk management, and customer-centric approach.
