Questions & Answers 2026
BD Lifecycle Stages - ANS ✔✔1. Market ID
2. Account Planning
3. Opportunity Assessment
4. Opportunity Planning
5. Proposal Planning
6. Proposal Development
7. Negotiation
8. Delivery
Market Risk Assessment (part of Market Identification) - ANS ✔✔Risk - highest for new
customers/products
Risk - lowest for existing customers/products
Account Planning vs. Opportunity Planning - ANS ✔✔Long-term positioning vs. specific qualified
opportunity
Opportunity Planning - ANS ✔✔Requires knowledge of
4 C's
- Customer
- Competition
- Cost
- Company Solution
and Portfolio Management