Business Diploma Study Material and Solved Assignments

Running head: BUSINESS DIPLOMA
Business diploma
Name of the student
Name of the university
Author Note:

2BUSINESS DIPLOMA
Table of Contents
Assessment Task 1...........................................................................................................................4
Explain the concept of self-appraisal and how can it contribute to a performance review.........4
Explain the concept of peer appraisal and outline one benefit of peer appraisal.........................4
Outline three benefits of planning work......................................................................................5
Outline each of the letters in the acronym SMART in relation to goals.....................................5
Discuss the concept of the Pareto Principle in relation to time management..............................6
Outline five signs of stress...........................................................................................................6
Explain the concept of work-life balance....................................................................................6
Outline five strategies that can be used to manage stress and achieve a healthy work-life
balance.........................................................................................................................................7
Discuss the negative effect of technology on work-life balance.................................................7
Discuss three strategies that a business can use to ensure their workers maintain a healthy
work-life balance.........................................................................................................................7
Outline five ways to develop new work skills.............................................................................8
Outline two ways to more effectively manage time at work.......................................................8
Discuss the concept of personal development planning..............................................................9
Outline at least five crucial components of a personal development plan..................................9
Explain the concept of behavioral assessment in a workplace context.......................................9

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Discuss, in about a paragraph, the advantages of conducting behavioral assessments and
appraisals.....................................................................................................................................9
Explain five learning styles and why it is important to identify learning styles........................10
Assessment Task 2.........................................................................................................................11
Assessment Task 3.........................................................................................................................15
Table No 1: Work priorities Planning Report............................................................................17
Table No 2: Weekly Schedule...................................................................................................18
Assessment Task 4.........................................................................................................................19
Assessment Task 5.........................................................................................................................19
References......................................................................................................................................22

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Assessment Task 1
Explain the concept of self-appraisal and how can it contribute to a performance review.
The concept of self appraisal refers to the ability of a person to effectively perform a self
performance review. The performance of the review is generally termed as an integral part of the
performance appraisal of an individual.
The self performance review has a number of different benefits. The review helps the people to
get a clear knowledge as well as an insight into their own performance and also provides them
the required confidence to take up their own responsibilities.
Explain the concept of peer appraisal and outline one benefit of peer appraisal.
The assessment of the different employees in a business organization by his colleagues in the
office or the workplace is termed as peer appraisal. The appraisal is conducted by the colleagues
who regularly communicate with the employees. the following process generally excludes the
different superiors or the managers of the business organization.
Some of the major benefits of peer appraisal are as follows;
a. Encourages recognition- The providence of feedback for the individuals helps to
encourage recognition for the different peer reviewed persons.
b. Facilitates accountability to improve performance- The individuals who receive
feedback on their performance from the peers receives the valuable insight into their
different strengths and the developmental needs. This kind of feedback helps the
individual to improve the performance.

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c. Determines the talent- The insight provided by the people highlights the talent of the
individuals and helps to identify the leadership of the team management, networking and
the influence skills.
Outline three benefits of planning work.
The major benefits of the planning work are s follows;
a. Provides a sense of direction to the organization- The absence of plans can hamper the
operations of the business. Plans can help the organization to have an exact idea on which
way to go and which will be the possible route to achieve success.
b. Basis for Teamwork- The presence of plans helps to achieve teamwork as because the
plans help the organization to form team to ensure the achievement of long term goals.
c. Concentration on objectives and results- The presence of proper and effective plans
helps the people to carry them out concentrating on the on the anticipated results.
Outline each of the letters in the acronym SMART in relation to goals.
The acronyms for SMART in relation to the goal of the company are as follows;
a. Specific- The specific goals of the company will be precise, well defined and transparent
goals that can help the organization to achieve the business goals.
b. Measurable- The Measurable goals of the organization refers to the progress of the
organization along with keeping the goals of the organization on track with the needs of
the customers.
c. Acceptable- The realistic and attainable targets of the business must be formulated by the
business organization in order to ensure the achievement of the business purpose.

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d. Reliable- The presence of the realistic and deliverable set of goals are required to ensure
the success of the business organization.
e. Time Bound- The presence of the perfect timing is essential for the success of the
business organization.
Discuss the concept of the Pareto Principle in relation to time management.
The Pareto principle of time management is a theory that states that 80% of ll the problems faced
by the people results from 20% of all the causes. The time management is one of the most
important steps that define the following element as because it helps the people to manage tim in
an efficient and scientific manner.
Outline five signs of stress.
Five signs of stress are s follows;
a. Digestive issues
b. Acne
c. Chronic pain
d. Appetite changes
e. Loss of Energy
Explain the concept of work-life balance.
Work Life Balance is usually referred to as the particular balance that an employee needs
between the aspects of life and the time which has been allocated for his work in the business
organization.