Definition:Biz Dev (Business Development) refers to the activities and strategies aimed at growing a business by identifying and creating new opportunities for revenue, partnerships, and market expansion. This often involves building relationships, exploring new markets, negotiating deals, and enhancing the company’s overall strategic position.

Use It In a Sentence:  The company’s biz dev team focused on forging strategic partnerships and exploring new market segments to drive long-term growth and increase revenue.

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