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What’s the difference between business development and sales? Understanding the ideal customer: In addition to having an understanding of your company’s products and services, business development representatives need to have a high-level understanding of their ideal customer, what market segments they operate in, and who is in your company’s current customer base.
During this phase, the business require infusion of additional capital to buy capital equipment to increase production (for manufacturing businesses), to establish additional service network (for service providers) or procure more goods for trade (for trading businesses).
A particular interest will be taken into how business development activities …
You may have heard about business intelligence before but do you know what this means? To help with that, a growing number of organizations are replacing traditional waterfall development with Agile BI and data warehousing approaches that use Agile software development techniques to break up BI projects into small chunks and deliver new functionality to business analysts on an incremental and iterative basis.