Western Governors University (WGU) BUS3130 D099 Sales Management Practice Exam

Question: 1 / 635

What encompasses activities aimed at developing and implementing growth within organizations?

Sales quotas

Business development

The focus of activities aimed at developing and implementing growth within organizations is best captured by business development. This term refers to a wide range of tasks, initiatives, and strategies that are designed to increase the market share, revenue, and overall success of a company. Business development involves identifying new market opportunities, forging partnerships and relationships, exploring new products or services, and enhancing the overall value proposition offered to customers.

In contrast, sales quotas are specific targets set for sales representatives to achieve within a given timeframe, primarily focusing on short-term sales objectives rather than broader organizational growth strategies. Power skills, often described as interpersonal or soft skills, such as communication, negotiation, and leadership, are essential for effective collaboration and relationship management but do not encompass the strategic and developmental aspects of business growth. Hard skills refer to the technical abilities and knowledge required for specific tasks, but they too do not directly address the overarching processes aimed at driving organizational growth. Thus, business development is distinctly positioned as the correct answer, as it encapsulates all activities involved in fostering growth within an organization.

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Power skills

Hard skills

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