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Business Development Strategies

Business indicates towards all those functions, which run the business successfully and create the organisational relationship

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Business Development Strategies

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  1. Business Development Strategies By Hyper Effect

  2. "Business indicates towards all those functions, which run the business successfully and create the organisational relationship amongst men, machine, and materials to achieve the objectives of a business".

  3. CONCEPT OF BUSINESS DEVELOPMENT "Concept is an intangible thought which is generalised by basic idea or imagination"

  4. CATEGORIES OF CONCEPT Old Concept According to this concept, business development is all related to the traditional method only economic activity only and business done offline. The sole objective of a business is to maximise profit and concentration of financial power by hook and crook. At that time the profiteering activation were considered to be of prime importance

  5. Modern Concept According to this approach the final goal of business is not making money but it has covered customer satisfaction must. Today, all business is going on online, if you want to bring your business online, then you should look at the concept of Website Design Silverdale, Usability defines the success or failure of a website and the development of the business from the website.

  6. GoalDetermination Goal or objectives (the two terms are used interchangeably) are the end result of the business organisation's operations. Unless there is an objective, organisation operations cannot be ensued. Identification of organisational goals is, in fact, the first step of the overall planning process.

  7. ProjectProposal A project is a confination of interrelated activities with well defined objective to be completed in a specific time period. The activities are to be performed in a specified are to be performed in a specified sequence or order and require resources such as money materials facilities and space. 'A project typically has a distinct mission and a clear termination point' - WilliamH.Newmann

  8. Steps of project planning process Screening Development Introduction The ideas generated at the first stage are examined to eliminate those which have no potential or which are capable of making any significant contribution to the project. On this stage project idea convert into actions i.e. Idea which is on paper changed in physical form research and development also helped in the task of development. This is the last stage of project planning porcess in this step task of project are completed and evaluation process started and objective of project is recognised in this stage.

  9. FINANCIAL MANAGEMENT Financial planning is the process of estimating the capital required & determining its competition. It is the process of farming financial policies in relation to procurement, investment and administration of funds of an business.

  10. PRODUCTION MANAGEMENT Production management and control is an important task. production is related to the conversion of raw material into finished goods. This process involves number of steps such as deciding What to produce, How to produce, When to produce etc. It is necessary to produce quality goods at reasonable price and in a most systematic manner. So that products are manufactured in a best way and conform to a planned schedule and are of a right quality and quantity.

  11. MARKETING MANAGEMENT Marketing is the performance of business activities that directs the flow of goods from producers to consumers. Management as- "It is the process of planning & executing the concertion pricing promotion and ditribution of goods and services and ideas to create exchange with target group that satisfy cutomer and organisational goal."

  12. "Good Sales Man are Born and not made" The role of sales person is more important for success in sales. It is a fact that sales function is similar to life blood in an econom It is through selling that all business activities are based. In the words of - Theodore Levitt,"It is the salesmen who keep the selling system in beautiful and good shape.

  13. BusinessDevelopment Hereareafewtipsforbusinessdevelopment: tips Focus On Efforts That Offer the Best Chance of Success Keep Efforts Organized Do a Little Bit Every Day Make Action a Priority Keep Efforts Organized Build Your Business Development Skills

  14. "ThemainfunctionofBusiness organisationandmanagementis planning, relationandmotivation& to controlandcordinatethework performedbyotherstoachievea specificobjective ." -James Lundy

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