What are Informal communication networks?
Informal networks are unofficial channels through which information passes in an organization. Formal communication networks contain more of the written, predictable, and routine communications; informal...
Effective Communication
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What are sales promotion letters?
SALES PROMOTION LETTERS: These letters are issued to supplement the direct sales efforts with a view to develop a favourable foundation and environment for...
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What is meant by trail, routine, conditional, approval, time-bound and cancellation of orders?
Trial order: No buyer places a very large order with a new seller for the first time. The first order is therefore, usually a trial...
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Dumping
DUMPING: In an age of industrialization and cut-throat competition, there may by different techniques to capture market. One known technique used in international market...
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What are the advantages of written communication?
(i) Wide Access (vi) Permanent record (ii) Precision and Accuracy (vii) Legal Evidence (iii) Repetition (viii) Lengthy Evidence (iv) Mechanical Efficiency (ix) Fixed Responsibility (v)...
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Arrivals
ARRIVALS: A market usually opens transaction with stock in hand i.e, brought from the previous day of business. During the course of the business...
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How a message is prepared?
After having completed the five steps of planning a message, it should be drafted on paper. A routine short communication may be written easily with...
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Cap-price
CAP PRICE: It is the highest price on which buyers are ready to purchase on a particular by demand, it is known as “Cheerful...
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Difference between formal and informal language
Formal language: Informal Language: (1) It is the language spoken in office, business and other formal...
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Name the essential quality of sale letter and how will you achieve the objective
As there is a direct relationship between sales and profits, the sales letter is perhaps the mot important letter that a businessman has as draft....