What does "business development" mean?

The creation of long-term value for an organization from customers, markets, and relationships.

What is a synonym for "business development"?

Common synonyms include: bd, rainmaking.

noun

noun ·Rare ·Advanced level

Noun

1
The creation of long-term value for an organization from customers, markets, and relationships. countable, uncountable
"With little internal fanfare, Peter reorganized a portion of the business development team to begin targeting the gaming space exclusively."

"With little internal fanfare, Peter reorganized a portion of the business development team to begin targeting the gaming space exclusively."