Business communication focuses primarily on achieving goals/aims and, in the case of a public company or organization, increasing dividends of shareholders. After generating an idea, the sender encodes it in a way that can be comprehended by the receiver. The consequences of misunderstandings are usually higher and the chances to recognize and correct a mistake are lower. Categories of business communication If the flow of information is blocked for some reason or the parties cannot make themselves understood, then communication fails. Start studying Business Communication. The barriers to communication and technique for improving communication are the same regardless of where the conversation takes place. Then comes interpersonal communication between two or three people. Communication is a need in today’s business world. The communication process is dynamic, continuous, irreversible, and contextual. Similarly, effective communication is the foundation of a successful organisation and to carry out business activities smoothly. It is not possible to participate in any element of the communication process without acknowledging the existence and functioning of the other elements. Process of business communication on the lowest level of communication in management is intrapersonal communication, which is made in a mind of a person, before he or she forms the message, when choosing a suitable ways of encoding it. Effective business communication helps in building goodwill of an organization. (5) Communication is an active process. The communication process goes through several phases. (4) Communication is a continuous process. Business Communication can be of two types: Oral Communication-An oral communication can be formal or informal. Here is a description of those phases. Learn vocabulary, terms, and more with flashcards, games, and other study tools. The term communication process refers to the exchange of information (a message) between two or more people. Communication starts with the sender, who is the initiator of the message. https://www.middlemarketcenter.org/expert-perspectives/effective- Effective communication is an ongoing process of telling, listening and understanding. Generally business communication is a formal means of communication, like : meetings, interviews, group discussion, speeches etc. Business process improvement is a strategic planning initiative that aims at reshaping business processes based on operations, complexity levels, employee skills, etc. Business communication is a common topic included in the curricular of Undergraduate and Master's degree programs at many colleges and universities. For communication to succeed, both parties must be able to exchange information and understand each other. Business communication is held to a higher standard than everyday communication. 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