Business Development Practice Exam

Business Development

About Business Development

In order to create and implement growth prospects inside and between firms, business development involves a number of duties and procedures. It is a subset of organizational theory, business, and commerce.

This includes raising sales, expanding the firm, improving profitability through forming strategic alliances, and making strategic business choices.

Business Development is the crucial part of a company which is responsible for bringing business and increasing customer base for the organization.

Business Development has gained immense popularity across the globe resulting in huge demand for certified professionals. Business Development professionals, executives and managers are in high demand in companies across the globe.

Why is Business Development important?

A business development process aims to find, engage, and acquire new customers and possibilities. Since a company's primary need is to identify greater business opportunities, there must be a predetermined model in place for the procedure.

• It creates vital connections.
• Adds to the customer base
• Reach in new customer segments
  
• It's a crucial tactic for increasing sales and cutting expenses.
• The entire reputation of the business may be enhanced.
• It could make it easier to expand into other markets.

Business Development certified professionals add value to the organization by adding to the customer base.

Who should take the Business Development Exam?

• Any firm or person who wants to become an expert in business growth. This course will be useful to everyone, from those with expertise in the sector to those who have never taken it before.
• Sales professionals and managers
  
• Marketing professionals and executives
  
• Students who want a career in Business Development
• Anyone interested in Business Development

Knowledge and Skills required for the Business Development

Candidates gain quick success in career of business development if they have skills of critical thinking and good communication skills.

Business Development Practice Exam Objectives

Business Development exam focuses on assessing your skills and knowledge in concepts and application of Business Development

Business Development Practice Exam Pre-requisite

There are no prerequisites for the Business Development exam.

Business Development Certification Course Outline

1. Introduction to Business Development
2. Effective Business Development Mindsets
3. Determining The Best Business Development Strategy For Your Company
4. Building Your Initial Pipeline
5. Finding Anyone's Email Address
6. The Initial Approach and Email Introductions
7. Converting Emails to Meetings
8. Cold Calling
9. Constructing Your Pitch
10. Presales
11. Relationship Building
12. Getting Buy-In From Decision Makers
13. Deal Terms and Negotiation
14. Managing and Generating Inbound Opportunities

Exam Format and Information

Certification name – Certificate in Business Development
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees  - INR 1199