https://doi.org/10.36719/XXXX-XXXX/1/9-12
Nusrat Huseynov
Azerbaijan State Agrarian University
Doctor of Philosophy in Economics
https://orcid.org/0009-0000-2511-0706
Samad Gasimov
Azerbaijan State Agrarian University
Master student
https://orcid.org/0009-0005-1346-2997
Development Directions of Business Relations
Abstract
The characteristic of the current development of the world economy is the progressive dynamics of socio-economic factors. The emergence of constantly changing new factors affecting the state of subjects of economic relations, high rates of technological and structural changes, increased competition, social factors impose new demands on management systems, which require the development of business subjects.
Business development management is viewed as the goal of finding new customers and building relationships with them. In fact, this is a rather narrow essence of this direction, which can only partially solve tactical problems. The concept of development of business relations does not only mean the increase of turnover at a certain time, but the increase in the income level of the business entity in the long term, providing a different, higher base for future growth.
Keywords: business, strategy, corporate, marketing, entrepreneurship, production