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Business Development Assignment Help

mode

Business management has rapidly grown into one of the most sought after disciplines of mode

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times. Global corporate houses hire specially trained graduates in order to bring scientific rigour
into business practices. Universities and colleges provide separate business courses, while
Free Tools several management schools have been established over the last three decades. Business
development is a sub-field of business management and aims at developing the business of a
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particular company using methods and tactics of business management.

Chemical Equations Balancer development assignment help is now provided by MyAssignmenthelp.com.

Quadratic Equation Solver But let us first see what is business development, what are the main areas covered by it and
what are its main strategies.
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GPA Calculator What Is Business Development?

Page Calculator Business development as noted before is an interdisciplinary area of business studies. It
incorporates perspectives from organizational theory, business management and commerce.
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The discipline has evolved into a number of sub-disciplines so much so that, today, IT
Paraphrasing Tool programmers, specialized engineers, marketers, sales agents etc have tasks related to business
development. A job of a business developer is to develop a growth plan and then put that into
Our Top Tutors execution. In the development phase, the business developer collaborates with the production,
marketing and the R&D teams etc.
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Business development professionals need skills in all the areas of business management,
MiM (Masters in including:
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Chain Management 1. Finance
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4. Legal

James Cook 5. Strategic management

6. Proposal Management or capture management
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7. Sales experience
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Let us discuss each of these areas separately to find out how each of this area contributes to the
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discipline of business development.

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1. Finance




Finance deals with allocation of assets and liabilities of either an individual or a company or a

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with Specialization in ment during periods of both certainty and uncertainty. There are three main areas of finance:
Project Communications
Management Corporate finance
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From the point of view of business development, knowledge of the financial state of a company
helps to frame strategies to increase business and reduce costs. There are three types of
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financial report that declares the financial state of a company. They are:

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statement of income that notes the net profit incurred
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statement of owner’s equity that notes the effect of cash inflow and outflow on the owner’s
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balance sheet that tells the financial state of the company at any given moment.

2. Marketing
Great Marketing deals with the communication of the value of a product to the customers in order to
Academic Solution maximize the profit-making motivations of a company. Marketing has traditionally involved 4
distinct aspects: price, product, promotion and place. Any business development strategy has to
take into account the 4Ps of marketing mix.
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3. Strategic Management
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Delivered Strategic management refers to the formulation and implementation of strategy based plans
usually undertaken by the top management of a company on the behalf of the board of directors
inte

and shareholders based on a careful analysis of the inte

al and exte
exte

al environment of the company. In recent years, the focus of strategic management has shifted
from the production process to the marketing processes. Strategy based planning and
Amazing Features executions are essential for business development.

4. Mergers And Acquisitions

A part of strategic planning, merger refers to the coming together of two or more companies,
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while acquisitions refer to the taking over of one company by another. Mergers and acquisitions,
as they are called together, consist of distinct stages. They are:

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Top Quality Documentation which involves a letter of intent between two parties to enter into a deal.
Business valuation refers to the evaluation of the market value of both the companies
entering in a merger and acquisition
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Financing refers to the ways in which a merger and acquisition deal can be carried out either
through a cash purchase or through a purchase of stocks etc.

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They involve the various legal aspects of conducting a business. Most of these laws are
commercial in nature.

Live Review 6. Capture Management/Proposal Management

Our Mission Client Satisfaction It refers to the study of proposals for the capture of new businesses.

It was very accurate. The research was Hire An Expert

done very well and I got nice marks .
They really helped me with my work as I
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How Does Business Development Include All These
User Id: 590157 - 29 Dec 2021
Australia
Aspects?




Business developer has to have knowledge of all these areas. He would then combine his
knowledge of all these areas to come up with successful business development policies. He
must be aware of the financial situation of the company, the competitive advantage of the
The assignment done by professional
company, the ways of finding capital for newer projects etc. Business development over the
way and I got more than 85 marks for
years has grown into an independent field of business itself. Several companies now provide
this subject. Thanks for the whole
Nerddz team. business development solutions based on prior research.

User Id: 287765 - 29 Dec 2021

Australia
Sample Question And Solution Of Business




Development Assignment
MGMT20132 Innovat ion And Sust ainable Business Development

Great work done by the Team Nerddz. I Question:

got marks more than 85 for the subject.
Does innovation strategy affect financial, social and environmental performance?
Thank you...

User Id: 287765 - 29 Dec 2021 Answer:

Australia
Int roduct ion

Apple Inc. is a multinational company in America which deals with technology. The headquarter
of Apple is in Cupertino which is in California. The company develops electronic goods, software
Awesome service. I live it and I will for computers and services which can be used online. The company was started in the year 1976
continue to work with them I April by Steve Jobs, Ronald Wayne and Steve Wozniak. It was later incorporated in the year 1977
recommend it. Please do consider
January as Apple Computer Inc (Apple, 2018). The mission statement of Apple is their
User Id: 863735 - 28 Dec 2021 commitment to bring the best experience of computing for the students, creative professionals,
Australia
educators and consumers globally through their innovation of their software, online services

and hardware. The advertising slogan for Apple Inc. is Think Different which was created in the
year 1997. The products of the company include iPhone which is a smartphone, iPad which is a
tablet computer, Mac which is a personal computer, iPod which is a music player, a smart watch
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known as Apple Watch, Apple TV and a smart speaker which is known as HomePod. These are
the hardware products of the company. The Apple products operate under the operating
systems iOS and macOS. Apple as a company, concentrates both on the customer and their
employees as well. They strive to make the work of the employees more productive and simple
(Pisano, 2015). They help the employees to make good business decisions and to make their
work easier and also enable them to stay connected no matter where they are. All of Apple’s
products are designs and developed with the idea to make life simple. Read more

Some Business Development Policies: Business

Pipeline Strategy
One iinteresting
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b i development
d l t strategy
t t is
i the
th “pipeline”
“ i li ” It refers
f to
t the
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One interesting business development strategy is the pipeline . It refers to the flow of the
potential clients which the company has started developing. Each business development
strategist provides each client in the pipeline with a business development plan containing:

1. Targeted sales figures

2. Reasons for wins and losses

3. Top performing sales channels and figures

4. Sales of services and figures etc.

Other Techniques And Skills Involved In Business

Development
Assessment of marketing opportunities and target markets.

Intelligence gathering on customers and competitors

generating leads for possible sales

advising on, drafting and enforcing sales policies and processes for Business Development

Follow-up sales activity

Formal proposal or presentation management and writing

Pitch and presentation rehearsals

Business model design etc.

Thus we see that business development is a rather complex discipline which includes a number
of allied fields. A business developer therefore must have a bit of knowledge in everything: be it
finance or accounting or marketing and sales.

In finance he must be aware of capital budgeting, making financial statements, creating

financial analysis etc.

In production he needs to know the production process and the raw materials used in the
process.

Finally he must also be aware of marketing mix, marketing strategy etc.

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