BUSINESS DEVELOPMENT

Stages of Business Development

Stages of Business Development

Introduction

One increasingly predominant notion of business development originated from the world of business, and is part of a larger trend that developed in response to increased public and political pressure to respond to the environmental crisis. A crucial component of business development is to see development as resting on essential pillars; mainly they are the profit the business is making, the environment of business, and economic situation. However, the businesses go through various phases of development in their life cycle. Business development starts from a research and development phase (the initial phase of the ...