Prospecting is physical labour, involving traversing (traditionally on foot or on horseback), panning, sifting and outcrop investigation, looking for signs of mineralisation. Prospecting is a small-scale form of mineral exploration which is an organised, large scale effort undertaken by commercial mineral companies to find commercially viable ore deposits. It is the physical search for minerals, fossils, precious metals or mineral specimens, and is also known as fossicking. Prospecting: Prospecting is the first stage of the geological analysis (second – exploration) of a territory.In addition, reputation building has also proven to help facilitate business development. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, business development activities can be done internally or externally by a business development consultant. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. Business development is the creation of long-term value for an organization from customers, markets, and relationships.

It is a subset of the fields of business, commerce and organizational theory. Business Development: Business development entails tasks and processes to develop and implement growth opportunities within and between organizations.Specify the abilities and skills that a person needs in order to carry out the specified job duties.Įach competency has five to ten behavioral assertions that can be observed,Įach with a corresponding performance level (from one to five) that is required for a particular job. What Skills Does a Marketing and Business Development Need?

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