Business Administration Assignment Solved (Doc)
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Added on 2020-10-22
Business Administration Assignment Solved (Doc)
Added on 2020-10-22
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Business Administration
Table of ContentsINTRODUCTION...........................................................................................................................11.1 Explain the importance of negotiation in a business environment.......................................11.2 Explain the features and uses of different approaches to negotiation...................................11.3 Identify the components of negotiation tactics.....................................................................2TASK 2............................................................................................................................................22.1 Explain the different types of presentation and their requirements......................................22.2 Explain how different resources can be used to develop a presentations.............................32.3 Explain different methods of giving presentations...............................................................32.4 Explain best practice in delivering presentations..................................................................32.5 Explain how to collect and use feedback on a presentation..................................................4TASK 3............................................................................................................................................43.1 Explain the characteristics of bespoke documents................................................................43.2 Explain the factors to be taken into account in creating and presenting bespoke documents.....................................................................................................................................................43.3 Explain the legal requirements and procedures for gathering information for bespokedocuments & 3.5 Explain how to gain approval of bespoke documents....................................53.4 Explain techniques to create bespoke business documents...................................................5TASK 4............................................................................................................................................64.1 Explain the typical stages of information system development............................................64.2 Analyse the benefits and limitations of different information systems.................................64.3 Explain legal, security and confidentiality requirements for information systems in abusiness environment..................................................................................................................64.4 Explain how to monitor the use and effectiveness of an information system.......................7CONCLUSION................................................................................................................................7.........................................................................................................................................................7
INTRODUCTIONBusiness communication is the process of sharing information among people within andoutside any business organisation carried out for commercial benefits of the organisation.Business communication can be oral or written. The assignment poses various problems inrelated to business communication and the report attempts to understand them in brief. 1.1 Explain the importance of negotiation in a business environmentNegotiation in general terms means reaching to an arrangement to resolve a conflict formutual benefits, wherein both the parties try to come to a conclusion which caters his owninterests. In any business environment negotiation is required for resolving conflicts anddisappointments(Stair and Reynolds, 2013). Negotiation is a skill which is necessary for bothinformal and formal commercial transactions. The informal transactions comprises of everydayinteractions whereas the formal transactions includes agreements relating to conditions of sale,lease etc. along with other legal contracts.And, good negotiation skills helps in growth and success of a business as it builds betterrelations and prevents future conflicts.1.2 Explain the features and uses of different approaches to negotiationThere are four approaches of negotiation and the result of negotiation differs dependingupon the approach followed. The various approaches are – 1.Win – win or integrative approach – is the superior to all the other problem solvingapproaches as the interests of both the parties are met in the end. Generally, a solutionsatisfying both the parties is only possible if their interests are not in conflict.2.Win – lose or Bargaining approach – is also known as competitive approach as it isbased on the premises that one party can win at the expense of other. One party loses andother wins in this approach.3.Lose – lose approach – is an approach where one party is under the threat of losingcarries on with all the activities to ensure that the results of negotiation serves neitherparty's interests. The result of this approach is that all the parties end up losing. 4.Compromise approach – is adopted to avoid the lose-lose approach, as the results of thelater approach are least desirable. In this approach both the parties tries to settle for less1
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