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(Doc) Business Administration Assignment Soved

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Added on  2020-10-22

(Doc) Business Administration Assignment Soved

   Added on 2020-10-22

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BUSINESS ADMINISTRATION3
(Doc) Business Administration Assignment Soved_1
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................11.1 Explaining importance of negotiation in a business environment........................................11.2 Explaining features and uses of different approaches to negotiation....................................11.3 Identifying components of negotiation tactics......................................................................22.1 Explaining different types of presentation and requirements in business.............................22.2 Explaining how various resources can be used to develop a presentation............................22.3 Explaining methods of giving presentations.........................................................................22.4 Discussing the best practice in delivering presentations.......................................................32.5 Explaining how to collect and use feedback on a presentation.............................................33.1 Discussing characteristics of bespoke documents.................................................................33.2 Explaining factors for taking into consideration while creating and presenting bespokedocuments...................................................................................................................................43.3 Explaining legal requirements and procedures for bespoke documents...............................43.4 Discussing techniques for creating bespoke business documents.........................................43.5 Discussing how to gain approval of bespoke documents......................................................54.1 Explaining stages of information system development........................................................54.2 Analysing benefits and limitations of different information systems...................................54.3 Discussing legal, security and confidentiality requirements for information systems..........64.4 Explaining how to monitor the use and effectiveness of an information system..................6CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
(Doc) Business Administration Assignment Soved_2
INTRODUCTIONBusiness administration is important for enhancing daily operations of business. Presentreport deals with importance of administration in firm by reflecting on significance ofnegotiation. Report will discuss about different types of presentation and resources for making it.While, characteristics of bespoke documents and factors related to it will also be explained.Moreover, stages of information system development along with benefits and limitations willalso be enumerated in report. Legal, security and confidentiality requirements and monitoring ofinformation systems will be discussed.MAIN BODY1.1 Explaining importance of negotiation in a business environmentThe importance of negotiation in business can be explained below-Negotiation for success in deals-The business is enhanced by providing benefits to its shareholders in the best waypossible. It can be said that stakeholders such as suppliers can be entailed by buying rawmaterials from them at lower prices or giving discounts. Thus, negotiating for better deal savesmoney of firm.Resolving conflicts-Many employees work in the organisation which comes from different backgrounds. Thismight lead to certain situation of conflicts when opinions does not match. Thus, negotiation playcrucial role in the business so as to resolve conflicts by reaching at better agreement.1.2 Explaining features and uses of different approaches to negotiationThere are various approaches to negotiation and result of the same depends on approach.It includes distributive negotiation or win-lose approach, lose-lose approach, compromiseapproach and win-win approach (Approaches to Negotiation. 2018). The features of win-loseapproach is that it is favourable to both parties involved in conflicts. On the other hand, use andfeature of lose-lose approach is that in this both parties led to conclusion and no one win thesituation. While, feature of compromise approach is that parties partially sought their situationand as a result, they compromise the situation. Win-win approach is that when parties arrive atwinning situation and value is created.1
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