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prospection

/prɒˈskɛkʃən/ noun · British & US
Valid in UK
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What does prospection mean?

noun

The act of looking forward or anticipating thuốc the future, especially in a systematic or methodical way. Prospection involves identifying potential opportunities or risks and developing strategies to address them.

Example

"The company's prospection team used data analysis and market research to identify new business opportunities and develop a plan to capitalize on them."

Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.

Etymologically related

Synonyms for prospection

Antonyms of prospection

Rhymes with prospection