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What is Business Development? - Definition & Basics

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is business development?

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1. What are three areas of business development?

2. Which is NOT an example of a strategy used in business development?

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About This Quiz & Worksheet

See what you know about the different components of business development by completing these assessments. Questions also focus on strategies related to business development and other information from the lesson.

Quiz & Worksheet Goals

Knowledge of the following will be tested:

  • Business relationships that can possibly stimulate growth
  • Three areas of business development
  • Strategies used in business development

Skills Practiced

  • Knowledge application - use your knowledge to identify one of the strategies that can be used to attract customers to a store
  • Reading comprehension - ensure that you draw the most important information from the lesson on business development
  • Information recall - access the knowledge you've gained regarding the function of business development

Additional Learning

Increase your understanding of how to grow a business by completing the lesson titled What is Business Development? - Definition & Basics. The covered objectives include:

  • Understand the base of business development
  • Review an example of a business relationship
  • Know the function of research and planning in business development
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