JobTestPrep makes it its business to help job candidates become hired as Business Developers by the company of their choice. After researching about the profession, duties, and responsibilities of the Business Developer, we have summarised our findings in the sections bellow. This page contains everything you need to know about the profession to decide whether you want to work in the role of the Business Developer.
If you finally decide that being a Business Developer Executive is your calling, we can also assist you with turning your plans into reality. Our carefully developed tests and interview materials will prepare you for the pre-employment assessment at your company so well that your name will be put at the top of the list of promising job candidates. With our Numerical, Verbal, and Abstract Reasoning Tests, you will sharpen the accuracy of your calculations and logical reasoning and will improve your reading comprehension. The Hogan Business Reasoning Inventory, appearing on JobTestPrep's website, will test and improve your business acumen and develop your tactical and strategic reasoning, necessary for your success as the Business Developer. Practicing with JobTestPrep’s materials will boost your confidence and will lead to your employment in the company you want.
Business Developers are responsible for the flourishing of the organization for which they work. As the name of the occupation clearly demonstrates, they develop the company’s opportunities and offerings, securing new customers in the process and, in so doing, moving its business forward. The role of the Business Developer in effect combines several roles: those of the Sales Representative, Marketing Analyst, and Business Analyst. Yet Business Developers do not only analyse markets in which the company participates or evaluate how well its business grows but they also take care of strategic planning, customer services, and finances. The Business Developer, therefore, is in charge of various departments and activities in the organization, especially of those that influence its general business development and profits.
Most often than not, Business Development Executives have senior roles in their companies. Although they have managers above them, they usually work according to their own schedules. If the business strategies developed by them work well, bringing good sales volumes and new clients, Business Developers are allowed to plan and organize their working day themselves.
Responsibilities shouldered by the Business Developer vary depending on the field in which the organization works. Yet because the major function of the Business Developer is to increase the company’s profits, there are duties that any Business Developer performs regardless of the company’s business specialization. In most of the companies, Business Developers have the following responsibilities: to improve products or services, bring new sales leads, and develop reliable and profitable relationships with customers.
All these responsibilities require from the Business Developer to do thorough research about markets and customers. They may be asked, for example, to research about potential customers and partners and identify new leads and prospective markets. They may also need to contact these potential customers and partners to create business ties with them and arrange meetings, if required. Another responsibility of the Business Developer Executive is to plan and supervise new marketing initiatives and participate in various business events and conferences.
If Business Developers are responsible for sales in the company, then their duties will be slightly different. They will need to inform clients about new developments in the company’s services and products. They will be expected also to develop quotes and proposals along with sales goals. Business Developers also ensure that these goals are met by their team members and, if sales are still low, they explain to them how to increase the company’s revenue.
Business Developers Executives are also required to keep good relationships with the company’s customers and partners. To achieve this, the Business Developer liaisons extensively with existing and potential clients, talking to them on the phone and meeting them at events and conferences. In addition to these responsibilities, Business Developers also write reports, business plans, and feedback about the blossoming of the company’s business. These plans and reports are presented to upper management.
There are many skills and personality traits that the Business Developer should possess. The most important among them are the following:
Employers expect their prospective Business Developers to have a bachelor’s or master’s university degree in business or mathematics. Those who have no university degree may be promoted from the position of the marketer or salesmen, if they participate in one of the apprenticeship programs available in the field. Employees with no university degree may obtain level 2 qualifications in Business Principles, Sales Management, and Marketing to advance their career once they have already been employed. When they gain work experience within the company, employers can also receive levels 3, 4, and 5 diplomas in marketing and then become promoted to the position of the Business Development Executive.
This test is a reliable measurement of applicants’ reasoning skills. With the help of the HBRI, employers ascertain how well their potential employees solve problems and what problem-solving style they possess. The results of the test predict applicants’ future success in business. There are two elements of reasoning that the Hogan Business Reasoning Inventory assesses:
The Hogan Business Reasoning Inventory can help you find out whether you have business acumen and can achieve success in business. By evaluating yourself and tracking your progress while studying, you can prepare yourself well for your upcoming pre-employment assessment and your future position of the Business Developer.
JobTestPrep puts forth an all-out effort to help job candidates become employed. Our close test simulations and interview materials will bring you to the successful completion of your pre-hire assessment. Practice with our PrepPack™ and begin to move the business of your chosen company forward.