Technology-Based Business Development in Herning aims at producing candidates with a strong insight in engineering practices, and the boundary and habitual conditions of the modern company. STEPHENSON: Defines business as the regular production or purchase and sale of goods undertaken with an objective of earning profit and acquiring wealth through the satisfaction of human wants. Too often business owners get an idea in their head and jump right in with both feet.
BCM consists of a set of steps, to successfully identify, manage and control the business processes that are, or can be outsourced. Many sales representatives claim to be business development professionals, but this does not fully capture what business development is. One of the principal activities a business developer does is identify new opportunities.
The second level, is a function that is generally perceived as unrelated to sales, but integrally related to business development. This includes an understanding of economics, history, culture, law, business practices and business models in the country of destination.
A business development specialist might also work on specific accounts to help develop the business to its full potential. In other words, he understood big business and big budgets, but he didn’t know how to roll his sleeves up and deal with my problems. Thus, it is often difficult to make out what is what with respect to business development.
The first three years of the Business Development Engineer (BDE) study programme at AU Herning (corresponding to 180 ECTS, including completed Bachelor’s project). Both in the development phase and the implementation phase, the business developer collaborates and integrates the knowledge and feedback from the organization’s specialist functions.