Final answer:
A 'developed opportunity' in sales or business refers to an opportunity that is likely to result in a closed deal, with a high success percentage but an unspecified number of days to close as it varies by context.
Step-by-step explanation:
The phrase 'a developed opportunity' typically refers to a sales or business context where an opportunity has been fully explored and developed to the point where the likelihood of closing a deal is high. While the specific percentage and number of days to close can vary greatly depending on the industry, company, and product or service being offered, a developed opportunity might have a high percentage, indicating a high likelihood of success. Without more context, it is not possible to provide a specific percentage or number of days.
In a general sense, sales teams may refer to a well-qualified and nurtured lead as a developed opportunity. This suggests that through the sales process, enough interest and commitment have been established, indicating that the deal could close imminently. Successful conversion rates and timeframes are often tracked and analyzed for sales forecasting and funnel management purposes. These metrics help businesses understand their sales cycle and refine their strategies.