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Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. [1] It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. [2]
New business development concerns all the activities involved in the creation of a new enterprise and in realizing new business opportunities, ...
The first use of second-wave strategies was in the late 1960s [8] and early 70s. [1] In second-wave economic development, practitioners began to use strategies to retain and expand existing firms. They also included a focus on small business development [2] through entrepreneurial tools like loans and enterprise zones. [9]
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. [1] [2] While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo-founder. [3]
The bait and hook business model (also referred to as the "razor and blades business model" or the "tied products business model") was introduced in the early 20th century. This involves offering a basic product at a very low cost, often at a loss (the "bait"), then charging compensatory recurring amounts for refills or associated products or ...
Although participation in environmental decision-making processes can be granted or attained in many ways, and at many levels, one pivotal international instance establishing the rights of individuals to participate came via the Rio Declaration in 1992. In Principle 10, that declaration sets out that "[e]nvironmental decisions are best handled ...
Corporate development refers to the planning and execution of strategies to meet organizational objectives. The kinds of activities falling under corporate development may include strategic planning, market and competitor mapping and tracking, phasing in or out of markets or products, arranging strategic alliances or partnerships or joint ventures, identifying and acquiring companies ...
Business-driven development [1] is a meta-methodology for developing IT solutions that directly satisfy business requirements. This is achieved by adopting a model-driven approach that starts with the business strategy, requirements, and goals, and then refines and transforms them into an IT solution.