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Introduction to Business - Essay Example

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Relaying of information is the main aspect that maintains organization’s structure. There are different forms of communications that are vital to the success of an organization. Each…
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Introduction to Business Information is a critical element that enhances the sustainability of a business organization. Relaying of information is the main aspect that maintains organization’s structure. There are different forms of communications that are vital to the success of an organization. Each of the different forms of communicating requires an appropriate communication channel. This paper will therefore analyse why organizations require effective communication channels.
The basic aspect of communication is enhancing the relationship between people and organizations. Employee relation contributes to their motivation and performance. This is indicated as improved performance of the organization. Internal communication channels such as face-to-face communication are essential in maintaining employee relationship. For instance, face-to-face communication enables managers to build corporate teams within an organization. However, this is possible when an organization has effective communication channels. Positive attitude and effective corporate relations promote effective face-to-face communication.
Effective communication channels ensure sustainability of business in the modern competitive world. This is because communication stands out as a significant competitive advantage that businesses can use to enhance their sustainability. Effective communication channels within an organization ensure that it benefits from a piece of information before its competitors take advantage of the information. This relates to effective internal and external communication. In this case, effective internal communication enables employees to respond to certain business information within minimal time. On the other hand, effective external communication channels enable businesses to have a significant influence on the market. This effectiveness builds the competitive advantage of a business.
The growth of a business depends on effective communication channels. Organizational growth is both a strategic management and an objective aspect. Organization growth enables a business to withstand changes affecting its business environment. This includes changes that affect its market and production units. Effective communication channels create links between an organization and its environment. This enables organizations to have timely response to changes within its business environment. Timely responses towards a business environment enable a business to withstand competitiveness within an industry. For instances producers of mobile phones requires an efficient communication channels that link them with the market. Such channels enable the business to access and respond to market information. This is critical due to the dynamic nature of the technology industry. Unlike other industries, players in the technology industry require speedy response towards the market. This illustrates the significance of effective communication channels to the sustainability of a business.
Finally, effective communication channels reduce risks within a business. A risk is an occurrence or a situation that can lead to a loss. Risks lower the profit of a business through increased expenses. Effective communication channels can reduce business risks considerably. This achieved through timely and efficient operations that are promoted by effective communication channels.
In conclusion, effective communication channels are essential for the existence of businesses. Communication supports employee’s relation, motivation, and business sustainability. This is registered as organizational growth, which is instrumental in ensuring business sustainability. Effective communication channels ensure timely action thus lowering risk through reduced constraints. Read More
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