2007-06-27 05:34:56 · 0 answers · asked by K. Carlton 2 in Business & Finance ➔ Other - Business & Finance
Business development includes a number of techniques designed to grow an economic enterprise. Such techniques include, but are not limited to, assessments of marketing opportunities and target markets, intelligence gathering on customers and competitors, generating leads for possible sales, followup sales activity, formal proposal writing and business model design. Business development involves evaluating a business and then realizing its full potential, using such tools as marketing, sales, information management and customer service. For a sound company able to withstand competitors, business development never stops but is an ongoing process.
Successful business development often requires a multi-disciplinary approach beyond just "a sale to a customer." A detailed strategy for growing the business in desirable ways is frequently necessary, which may involve financial, legal and advertising skills. Business development cannot be reduced to simple templates applicable to all or even most situations faced by real-world enterprises. Creativity in meeting new and unforeseen challenges is necessary to keep an enterprise on a path of sustainable growth.
2007-06-27 19:28:14 · answer #1 · answered by Sandy 7 · 1⤊ 0⤋
The development of a business.
2007-06-27 05:43:20 · answer #2 · answered by charlie_the_carpenter 5 · 0⤊ 1⤋
There are some great free tools for business development. If you are smart, you can pull data from Google: http://www.id-london.com/new-business-strategy-blog/great-free-google-tools-for-business-development
2014-05-14 11:59:54 · answer #3 · answered by Anonymous · 0⤊ 0⤋
company progression skill having a approach for ensuring a company realises its finished ability. it incredibly is an basic approach that starts via putting the shopper on the centre of each little thing a company does. company progression additionally is composed of making use of sensible concepts and recommendations which will advance all your company strategies. the top interest is to make your present company - extra worthwhile be a extra relaxing place to artwork have chuffed contented shoppers that come back frequently.....with their pals. Do you have the type of approach on your company.........or do you have faith in a 'seat-of-the-pants' type concepts-set?
2017-01-01 08:35:50 · answer #4 · answered by Anonymous · 0⤊ 0⤋