Question

Explain the following concept:

Business Communication

Answer 1

• Business communication is the branch of general communication especially concerned with business activities.
• It is a process through which information, facts, ideas, orders, decisions, etc. are exchanged between the person associated with the business.
• The success of the business enterprise depends largely upon good communication.
• Ineffective communication may cause loss of money and even goodwill of a business.
• Thus, business communication relating to trade, law, management, finance, etc. of a business enterprise is termed as business communication.