Digital Role Economic Growth
Summary
Business development is the creation of long-term value for an organization from customers, markets, and relationships. Businesses often encourage employees to brainstorm innovative ideas, which can help improve the potential of the overall business. Business development activities come in many forms. Few of the most prominent new sales or business strategies that can deliver value to organizations is Specialized sales development, Partnership management or strategic partnerships, New products to market, Corporate development. The ralali.com company implements B2B function, this function is one of the business models of a company that focuses on selling products and services to other companies, not to individual consumers. In developing a business, there are three things that must be considered, namely revenue, expansion, and strategic partnership. Activities in expanding business in various departments such as sales, marketing, project management, product management, vendor management, partnerships, and cost-saving efforts. In digital business development requires several different processes. For example, such as a contract, before digital there were a number of ways such as negotiation, terms and conditions, etc., now the standardization of the company has been established. Business development may be difficult to define concisely, but it can be easily understood using a working concept. An open mindset, willingness for an honest and realistic self-assessment, and the ability to accept failures are a few of the skills needed for successful business development.
Abstract
Economic growth in Asia is very rapid, and technology from year to year also began to sophisticated. The use of digital technology can make business more efficient, innovative, nimble, and nimble. The economy in Asia is now using advanced technology. and this can be utilized to support economic growth and the trajectory of economic development in developing countries. Digital technology, done right, can be a powerful enabler for Asian economies and economic growth. Investment in digital infrastructure contributes to productivity in the same way as other forms of infrastructure, and by increasing productivity and opening new trade channels, economic growth can be increased beyond what should occur. As such, technology can support the policy agenda and facilitate the achievement of opportunities for businesses, consumers and governments. Although all organizations, from very small businesses to multinational companies, can benefit from digital technology, this section focuses on small and medium enterprises (SMEs), which make up the majority of businesses and are part of the economy in Asia. SMEs are more likely to innovate than larger companies, because they tend to have a greater risk appetite and because it is better placed to pioneer and use new technology. By activating SMEs, digital technology can support economic growth and development in the region.