Types of Business Communication
In a business context, all communication can be divided into two categories namely, External Communication and Internal Communication.| Communication Theory
Fayol’s Administrative Management Theory emphasizes organizational efficiency, universal principles, and the functions of managers.| Communication Theory
In a business context, all communication can be divided into two categories namely, External Communication and Internal Communication.| Communication Theory
Douglas McGregor introduced Theory X and Theory Y to explain different styles of management. Theory X refers to an authoritarian style and Theory Y refers to a participative/interactive style of managing employees.| Communication Theory
Decision making is a cognitive process of selecting a belief or a course of action after a conscious evaluation of the existing choices and alternatives. This is a complex process and hence it gives room for errors and biases.| Communication Theory
Collaborative decision-making refers to the process where individuals, often from different backgrounds, work together to arrive at a consensus or shared decision.| Communication Theory
Management Information Systems play a vital role in modern businesses, enabling organizations to harness the power of data for better decision-making, improved efficiency, and competitive advantage.| Communication Theory
