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Overview of a business development case study
There are several benefits associated with research and development which lead the business to greater heights. Business development uses numerous means and methods to develop the business of an organization. It is an interdisciplinary area of business studies that includes business management, commerce, and organizational theory outlook. The business developer develops and executes different strategies for the development of the business organizations. Marketing is one of the essential aspects of business development. Through marketing, an organization can achieve the estimated sales figures. Some of the methods and skills involved in business development are as follows:
- Evaluating target markets and marketing opportunities
- Creating leads for potential sales
- Recruiting and implementing sales policies and procedures for business development
- Pitch and presentation practices
- Official application and presentation management
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