The Enterprise and Economic Development Glossary a resource of the .network library

business

... activities, undertakings, dealings in commercial, industrial, or professional environments or situations where trade occurs or where money changes hands; a business enterprise. The definition of a business organization or business concern factors in people by emphasizing that they constitute specific commercial, industrial, and profession enterprises. Wikipedia has additional comments. Risk takers heading up activities such as starting or expanding businesses are referred to as enterprise developers rather than business developers because the latter are typically marketing and/or sales people in business organizations who do promotional work to keep existing customers or clients interested and to, especially, bring in new ones.

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The Enterprise and Economic Development Glossary a resource of the .network library

business development

... a direct marketing activity which has networking as its most effective precursor to a sale; the enterprise activity activity of building and maintaining working relationships that may be referred to as new business development; an expression sometimes used in place of enterprise development. Wikipedia is a source of more information.

The Network supports business development related to its mission. It does so by helping members of its core user group find and get in touch with so called mission contacts.

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