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Business development may be defined as follows: “The creation of long-term value for an organisation from customers markets and relationships”

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What is the definition of business development in PDF?
BUSINESS DEVELOPMENT: A DEFINITION
Business development may be defined as follows: “The creation of long-term value for an organisation from customers, markets and relationships”.
What are the main components of business development?
There are three main components that business experts generally agree form the base of business development: markets, customers, and relationships. In order to grow a business beyond its current state, it is important to focus on one or more of these areas.
What are the roles of business development?
Business development managers are responsible for driving business growth within a company. They develop a network of contacts to attract new clients, research new market opportunities and oversee growth projects, making sales projections and forecasting revenue, in line with projected income.
Business development is the process of implementing strategies and opportunities across your organization to promote growth and boost revenue. It involves pursuing opportunities to help your business grow, identifying new prospects, and converting more leads into customers.

[PDF] Quality of entrepreneurship education as a key factor in youth

What is the definition of business development in PDF?

What are the main components of business development?

What are the roles of business development?