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Business Development Tools

Instructions:

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

question 1 of 3

When a company utilizes business development, what type of long-term value should they build?

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1. Which is the BEST example of a focus group?

2. What is the main purpose for a business to use a survey?

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About This Quiz & Worksheet

Business development is critical for companies at any stage, and you can use the quiz and worksheet to assess your knowledge of tools that help with business development.

Quiz & Worksheet Goals

This assessment is designed to gauge your knowledge of:

  • An example of a focus group
  • The best type of long-term value to build when utilizing business development
  • Why companies cold call current and past clients
  • Term for when two or more companies come together and work better together than they would as an individual company
  • Purpose of using surveys

Skills Practiced

  • Interpreting information - verify that you can read information about why companies use surveys and interpret it correctly
  • Information recall - access the knowledge you have gained about an example of a focus group
  • Reading comprehension - ensure that you draw the most important details from the lesson on business development tools

Additional Learning

Go through the lesson named Business Development Tools, seeing what more you can learn about:

  • Why businesses need to conduct research and analyze the results
  • Why companies would work together
  • The meaning of a cold call
  • How business development works
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