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Vocabulary flashcards focusing on the definition, Latin origins, basic aim, purpose, and key points of significance of business communication.
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Communicare
The Latin word from which the word 'communication' is derived, meaning 'to share'.
Communication (Simplest Form)
The transferring of information from one person to the other.
Communication (Full Definition)
The process of transferring, sharing, exchanging or transmitting, ideas, facts, feelings, data, information and experience from one entity to other through a medium.
Basic Aim of Communication
To share, listen and understand the message being exchanged by the parties involved.
Business Communication
The process of sharing/exchanging information between people within and outside the organisation in order to accomplish organizational goals and have mutual understanding of the commercial benefit of the organization.
Purpose of Business Communication
To clearly understand the business processes effectively.
Managerial Efficiency
An aspect of business communication significance where an organisation communicates its goals so all parties involved are on the same page and can carry out required tasks for smooth management operation.
Building a Dedicated and Loyal Employee Base
A significance of effective communication that emphasizes employee participation in management, builds employee morale, and creates cordial industrial relations.
Effective Leadership
A quality that depends on effective communication, requiring a leader to communicate, listen to views, and share feedback with subordinates for smooth task functioning.
Mutual Trust and Confidence
An essential factor between workers and management for effective organizational functioning that helps reduce misunderstandings and resolve conflicts.
Better Decision Making with Informed Judgement
The requirement of effective communication of data, information, and goals to make proper and prompt business decisions without harming organizational profitability.
Human Resources Management
An organizational function that requires effective communication for its proper execution.