Business Development

Definition of Business Development Hierarchical Category as it relates to Business, Business Administration

A field of study and practice that involves strategizing, implementing, and managing growth opportunities within and between organizations. It is a subset of the fields of business, commerce, and organizational theory, focused on long-term value creation from customers, markets, and relationships. It often involves tasks and processes aimed at developing and implementing growth opportunities within and among companies. It also includes the core principles of business administration, such as planning, organizing, staffing, directing, and controlling an organization to accomplish a range of objectives.

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