Principles of effective communication
Communication is the essence of human life and society. Communication is effective where there are no barriers to communication. People all time are engaged in…
Management
Importance of Feedback in Business Communication
Feedback is the final component and one of the important factors in the process of communication. It is important in two-way communication. It is defined…
Steps to Overcome Communication Barriers in Business Organization
The effectiveness of communication greatly contributes to the success of an organization and the performance of its managers. Communication can hardly be a hundred percent…
Importance of Internal Communication
Internal communication shares information about the company so employees can perform their jobs well. Every organization has its own objectives and to obtain such objectives…
Importance Of Supply Chain Management
Supply chain management, also known as SCM, is the management of how goods and services transform from raw materials into products sold to customers. In…
Supply Chain Management (SCM)
Supply chain management (SCM) is the optimization of the development and flow of a product from the procurement of raw material to manufacturing, logistics, and…
Deferred Compensation
Deferred compensation applies to the portion of one’s contribution at a future date that is postponed and compensated. It is an agreement in which a…
Internal Communication
Communication starts from the individual and moves forward to encompass with mass people. Internal communications are all about promoting effective communications among people within an…
Cluster Chain Network in Business Communication
In the cluster chain, a person tells the information to the selected persons who may in turn relay (pass) the information to other selected persons.…
Probability Chain Network in Business Communication
A probability network is an informational network where each of the individuals randomly tells others the same message. Under this communication pattern, the information passes…
Cost-benefit analysis – a business process to analyze decisions
A cost-benefit analysis (CBA) is a process businesses use to analyze decisions. It is a process by which organizations can analyze decisions, systems or projects,…
Perverse Incentive – a type of negative unintended consequence
The perverse incentive is a widespread phenomenon reported in various contexts and organizations. It is an incentive that has an unintended and undesirable result that…
Load More