Business Communication
MBA 102
times has the quality of creating an atmosphere of collective, outloud thinking about some question, idea, problem, text, event, or
artifact. Like deliberation and debate, a good way to encourage
active learning.
4. In-Class Debates and Deliberations: A structured
consideration of some issue from two or more points of view.
Debates typically involve participants who argue one side
throughout, while deliberation allows for movement by individuals
within the process. Both feature reason-giving argument. Can be
applied to issues of many kinds, from disputed scientific facts to
theories, policy questions, the meaning of a text, or the quality of
an artistic production. Can range from two participants to a
lecture hall.
5. Speeches and Presentations: Classically, the stand-up,
podium speech delivered by an individual from an outline or
script. Also includes group presentations or impromptu speaking.
A strong element of monologue, but dialogue can be built in with
question and answer or discussion with the audience afterward.
6. Oral Examinations: Can take place in the instructors office,
in small groups, or before a whole class. Range from one oral
question on an otherwise written exam to an oral defense of a
written answer or paper to an entirely oral quiz or examination.
Difficult with very large groups, but an excellent way to determine
the depth and range of student knowledge and to stimulate high
levels of preparation.
Email
Any company that does business online has an email address for
customers to use, and most companies offer several different
addresses that enable customers to send the message to the
right department within the company. The question is often not
one of email, but rather of what type of email to have. While
online providers such as Google, Yahoo! and Hotmail offer free
email, these types of services often leave the user with spam
issues. Additionally, some of these services mistakenly block
messages to customers. This means that a company should
consider investing in a business email provider that offers
stronger filters.
Customer Interaction
The faceless quality of online business means that customers
cannot receive the in-person communication that even a person
at the other end of a telephone can provide. Businesses that
function largely online should thus provide a more personal touch
and make the interaction between the customer and the company
easier. Options include instant messaging services for the
customers to have online discussions with company employees or
even online forums for customers to discuss issues with one
another or offer tips and service reviews on the company.
Support Options
Customer support is an essential part of doing business online.
Companies should make every effort to show customers that the
company takes their concerns seriously. Posting a notice about
the turnaround policy for answering customer questions and
then following this policy helps indicate to customers that the
company values their questions and comments. Additionally,
companies can provide customers with a Frequently Asked
Questions (FAQs) link from the main page of the website. Over
time, companies find that customers tend to ask the same
questions repeatedly. An FAQ page can answer these questions
and save the customer time and frustration.
Professional Presentation
Although email
communication,
effort to create
receive. Emails
Dialogue
Communication with stakeholders builds dialogue. By setting up
forums or inviting other forms of feedback, you can gain a better
understanding of your stakeholders interests and attitudes so
that you can fine tune your communications. Using forums or
other social media to communicate enables you to respond to
critical
comments
or
correct
any
misunderstandings.
Communicating through social media can also spread your
message further as stakeholders share attitudes with others.
Power
Your communication program must focus on the stakeholders who
have the greatest influence on your success. If government
agencies or industry regulators are considering legislation that
could cause problems for your business, for example,
concentrating your communications on those groups ensures that
they take your point of view into account.
Relationships
Communicating regularly with stakeholders and creating a
positive understanding can help you build effective long-term
relationships with key groups. A strong relationship brings a range
of benefits. Communicating with customers can put you in a
strong position when customers are making purchasing decisions.
Supplier communications can help you to build a supply chain
that is aligned with your needs. Shareholder communications can
give you easier access to funds.
Ans:Communication is the basis of all business transactions. Even employees within the
same company communicate with one another on a daily business to discuss
important points of interest, strategies, and plans.
There are a number of tasks in any company or business that must be accomplished
every day, and employees would not be able to achieve this without proper
communication. Internal business communication comes in many different forms.
One form is through team members. Teamwork is a vital part of many business
operations. Teams are gathered together to discuss various issues that have arisen in
order to find solutions to various problems within the company. Teams also work to
solve many different logistical problems, as well as find ways to put the strategies into
actionable plans that will only serve to help the company grow.
It is also often necessary for separate teams to communicate in order to discuss
important issues that may possibly overlap departments. Since it is important that
every team have a specific purpose, the communication between each will ensure all
efforts are being concentrated on different individual aspects of the business.
Company managers also communicate with their employees on a daily basis to
discuss the progress of various plans, as well as the situations that have resulted
from certain plans of action. Managers are there to guide, but they are also there to
listen. During business communication, listening is just important as talking, and
company owners have no choice but to learn how to be good listeners as well as
effective speakers.
Employees will also need to talk to one another about different customer-related
concerns or issues. These may even stretch from one department to another, but
there will be situations that will require the communication of two or more people from
different locations within the company. This will promote efficiency and make overall
business operation run more smoothly as everyone learns to work together.
When new products are introduced, communication will be a very important part of
the process. Each team will need to communicate with the others to ensure the
product is conceived, manufactured, and offered to the public in a manner that
appears seamless. This is what makes businesses gain good reputations, and is what
ensures those good reputations will stick.
Shareholder communication:
If the company is doing well and wants to expand its scope of operation or
diversity into un related areas ,in this case ,good shareholder relations can help
to raise the required capital and minimize borrowing from bank and financial
institutions
If the company is going through a crisis or difficult times ,more communication
with shareholder is needed ,take the example of Coke and Pepsi during the
pesticide controversy .in such a situation the company much be open with its
shareholders and explain the problem clearly ,including the steps being taken to
overcome the crisis
The appropriate media for communicatrion with shareholder include both oral and
written channels .periodic mailers must be sent to all shareholder ,giving a fair and
truthful representation of the companys results and progress on various front .In
areas where there is an aggregation or concentration of shareholder ,shareholder
meetings conference much be held making presentation on the companys
progress .where the company is going through a crisis ,shareholder must be taken on
project site and factory visits to show them the measure that are being taken to solve
the problem .
The overall guiding factor in communicating with shareholders must be that they are
the owners of the company