(a) Define communication
(b) List six means of communication in business
(c) In what four ways is communication important to business?
(b) List six means of communication in business
(c) In what four ways is communication important to business?
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Correct Answer: Option n
Explanation:
a. Communication is the transmission of messages or information from one source to another.
b. Means of Communication
Word of mouth (oral)
Letters/memo
Circular
Radios
Telephone
Television
E-mail
Internet
Journals/Newspapers/Magazines
Catalogues
Neon Signs
Posters/Bill boards
Fax Telegram
c. Importance of Communication in Business
(i) It enhances contact with suppliers of goods and services
(ii) For advertisements-Businesses need to inform the public about the availability of their products
(iii) Communication is needed for payment of business transactions
(iv) Communication aids effective business management by providing the necessary information for sound decisions and also keeping staff and management well in-formed.
(v) Feedback/contact with customers Communication helps a business to interact with its customers/market re-search thus enabling firms to improve their products.
a. Communication is the transmission of messages or information from one source to another.
b. Means of Communication
Word of mouth (oral)
Letters/memo
Circular
Radios
Telephone
Television
Internet
Journals/Newspapers/Magazines
Catalogues
Neon Signs
Posters/Bill boards
Fax Telegram
c. Importance of Communication in Business
(i) It enhances contact with suppliers of goods and services
(ii) For advertisements-Businesses need to inform the public about the availability of their products
(iii) Communication is needed for payment of business transactions
(iv) Communication aids effective business management by providing the necessary information for sound decisions and also keeping staff and management well in-formed.
(v) Feedback/contact with customers Communication helps a business to interact with its customers/market re-search thus enabling firms to improve their products.