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COMMUNICATION AND FEATURES OF DIFFERENT BUSINESSES

This essay is about importance of communication and features of a communication process. it also talks about features of different kinds of businnesses stating their advantages and disadvantages.

Details
language english
wordcount 3537 (cca 10 pages)
contextual quality N/A
language level N/A
price free
sources 3
Table of contents

1) Explain the importance of communication in an organization. 1
2) Describe the process of communication    Information –Sender – Message – Encoding – Channel – Receiver –Decoding 1
3) Explain the barriers to effective communication. 3
The overview of types of business organization. 5
a) Sole proprietorship 6
b) Partnerships 6
c) Co-operatives 7
d) Limited companies 8
3.) Explain the advantages and disadvantages of number two (2) above. 8
References 12

Preview of the essay: COMMUNICATION AND FEATURES OF DIFFERENT BUSINESSES

1) Explain the importance of communication in an organization.

To bring about change – information needs to be passed from one section or level of an organization to another in order to affect change in the action of the receiver.
To sustain stability – when things are satisfactory people need to know that they are going to continue in the same way.
To lead people onto a common purpose – organization need all staff to share the same objectives ...





... is difficult for a partner to withdraw his investment. The buying out of a partner may be difficult unless specifically arranged for in the written agreement. Partners who may wish to withdraw find it impossible to do so and this leads to dissatisfaction and lack of commitment to the firm.

Limited accesses to capital-Partnerships have difficulties in obtaining large sums of capital especially long term financing. This is a serious problem especially if the firm intends to finance major development projects.
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Economics
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Public Relations
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