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Business Administration - Assignment Solution

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Added on  2020-11-12

Business Administration - Assignment Solution

   Added on 2020-11-12

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BUSINESSADMINISTRATION 2
Business Administration - Assignment Solution_1
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31.1 Compare sources of information on professional development trends and their validity.....31.2 Identify trends and developments that influence the need for professional development....51.3 Evaluate their own current and future personal and professional development needsrelating to the role, the team and the organisation......................................................................6TASK 2............................................................................................................................................62.1 Evaluate the benefits of personal and professional development.........................................62.2 Explain the basis on which types of development actions are selected................................72.3 Identify current and future likely skills, knowledge and experience needs using skills gapanalysis........................................................................................................................................82.4 Agree a personal and professional development plan that is consistent with business needsand personal objectives...............................................................................................................82.5 Execute the plan within the agreed budget and timescale.....................................................92.6 Take advantage of development opportunities made available by professional networks orprofessional bodies ...................................................................................................................10TASK 3..........................................................................................................................................103.1 Explain how to set specific, measurable, achievable, realistic and time-bound (SMART)objectives...................................................................................................................................103.2 Obtain feedback on performance from a range of valid sources........................................113.3 Review progress toward personal and professional objectives...........................................113.4 Amend the personal and professional development plan in the light of feedback receivedfrom others................................................................................................................................12CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14
Business Administration - Assignment Solution_2
INTRODUCTIONBusiness administration refers to process in which management of business and operationare done. It consist of various aspects related to perceiving and directing business operations andfunctions. It related to various fields that include accounting, financing,corporate governance,economics, research and marketing (Storey, 2016). Organization taken for this assignment isRiver Island which is dealing in fashion, clothing, textile and retail industry. It is established inyear 1948 by Bernard Lewis and brothers. Its headquartered is in London, England, UnitedKingdom and they are known as street fashion brand. They serve their product in almost allworldwide market such as UK, Ireland, Philippines, Peru, Malta, Chile and many others. Thisreport mainly highlights the process by which a company can manage person and professionaldevelopment, for increasing performance of business. TASK 11.1 Compare sources of information on professional development trends and their validityProfessional development refers to the process by which a person can develop or maintainits professional credibility (Escobar-Rodrigue and Monge-Lozano, 2012). Their are varioussources by which an individual obtain professional development, some major of them areexplain below- SourcesDevelopment Trends Validity E-learning It refers to procedure in whichlearning, training oreducation is done bysource or means ofelectronic. It concern withuse of electronic device orcomputer. It is very helpful for thoseemployees who work fulltime, they can conducttheir learning at any timeor any place. It is moretime efficient. On the job training It reflect to procedure oflearning or enhancingskills, knowledge andcompetencies whileworking within aBy this source of professionaldevelop a person can learnthings very quickly and ineffective manner. But inthis it is mandatory
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workplace. In this processa person enhance theirability while workingsome work in anorganisation. availability of person atworkplace.
Business Administration - Assignment Solution_4

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