business networking:
... an activity for building and maintaining working relationships within the business environment; a new business development activity intended as a precursor to a sale. See comments at the Wikipedia website about business networking as a marketing method.
Information is exchanged and deals made within a business network, which may be temporarily assembled or organized as a recurring networking event. It's not unusual for association events to include networking opportunities if not actually planned for such purposes. Business decision makers typically have networks. For example, savvy small business owners may network with suppliers to keep up with what's going on in their markets. People engaged in enterprise and economic development cannot get along without ally networks.
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Within the following quote is the suggestion that effectiveness of a business network is related to size: (Business meetings should be) ... far smaller and more intimate than the large, often unwieldy conferences that now typify many industry associations (2002 quote from a document of www.siteselection.com that is no longer available on the Web). Site Selection Magazine was the official publication of the International Development Research Council (IDRC), obviously an association referred to in the quote although not named, when it published comments about the decline in quality business networking at meetings. IDRC no longer exists. Site Selection is now the official magazine of the Industrial Asset Management Council (IAMC), apparently a smaller, tight knit, group of serious business networkers than what IDRC during the final years before its demise.
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enterprise development business what is social networking for economic development business what is social networking for site selection business
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