Effective Business Communication
(eBook)

Grouping Information

Hoopla Extract Information

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    [year] => 2023
    [artist] => Nishant Baxi
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    [titleId] => 16318767
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    [language] => ENGLISH
    [profanity] => 
    [title] => Effective Business Communication
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    [pages] => 83
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    [synopsis] => Business communication is an area of organizational management that pertains to the sharing of information, internally and externally, to achieve company objectives and maintain business operations. This communication may occur at various levels internally among staff-across departments, teams, and hierarchical levels-or externally between the company, its clients, stakeholders, suppliers, and the community at large. Business Communication Demystified The deliberation between staff, communication from superiors to subordinates, emails to clients, newsletters to suppliers, and press releases to the public are among the different instances that incorporate business communication. In effect, it can be multi-directional-the flow of information vertically or horizontally within a company, or outward from the company to stakeholders and the broader market. Regardless of direction, the communication must be clear, concise, coherent, complete, and courteous for effectiveness (Lehman & Dufrene, 2010). Moreover, business communication can be categorized into two forms-written and oral. Written communication involves memos, reports, emails, letters, etc., while oral communication includes face-to-face meetings, telephonic conversations, video conferences, and speeches. The Significance of Business Communication Effective business communication is critical for organizational success. It ensures seamless continuity of business processes, underpins decision-making, facilitates information sharing, and fosters collaboration and cooperation among teams. Good communication practices lead to improved performance and can directly contribute to a company's bottom line (Robbins & Judge, 2018). Conversely, poor communication practices can result in confusion, error, and low morale. A failure in communication can adversely impact relations with customers, business partners, and stakeholders, tarnishing the company's reputation and potentially harming its competitive position. Furthermore, in today's increasingly globalized and digitized business environment, the importance of effective business communication has been augmented. Geographic barriers have diminished, teams are dispersed across continents, and the speed of doing business has accelerated significantly. Now, businesses must navigate cultural, language, and time-zone differences; thus, the ability to communicate effectively has become more pivotal than ever (Bovee & Thill, 2016).
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    [publisher] => Nishant Baxi
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