Question

Concepts and networks and its benefits to business organizations

Answer 1

Business networking means the socioeconomic activity through which business related people as well as the entrepreneurs meet each other in order to make relationship and to seek the business opportunities  while doing the information sharing  and also in order to find the potential partners.
This helps the organizations alot and in developing the effective ways of business as well as increasing the social capital

This give the various benefits to the organizations like
Sharing knowledge: networking enable the organization to share knowledge  as well as the ideas . This also help to expand the ideas
Opportunities :  It provide various opportunities  and tell how to use resources effectively 
Increasing the confidence :
  It help the owner to gain confidence over the business activities .
tackling the problem: it also helps in identifying the problems and ways to resolve them effectively.

Answer 2

Business networking is the process of establishing a mutually beneficial relationship with other business people and potential clients or customers. The main goal of business networking is to tell others about one's business and try to turn them into customers.

Some benefits of networking are as follows:

1. Sharing knowledge - It is possible to share knowledge and ideas. It provides an opportunity to learn from others mistakes and avoid them.

2. Avail new opportunities - A business opportunity can come in the form of a referral or a partnership offer, or it can be a request for the product or service offered by the business.

3. Helps to be connected - It helps to build connections with people and businesses.

4. It helps to increase confidence - Regular networking and association with other businesses can help to build confidence.

5. It helps to raise one's profile - Networking helps to be visible and get noticed.