-Explain the importance of communication in business
-Describe the common forms of organizational structure and the considerations for selection.
-Distinguish between the major forms of business ownership and compare the advantages and disadvantages of each
Communication is important in life no matter the situation. When we interact with people, work for someone one, or directly with some the need to have good communication is essential. Communication is how we negotiate, express ourselves, feelings, thoughts, and collaborate with each other. With no communication, or poor communication in an organization the organization will suffer. This suffering can be in terms of employee moral, customer service, loss of customers, high turn over because of unhappy employees, and even loss ...
Understanding the importance of communication in business and the types of business ownership