Course Content
Management Foundations
Management: Concept, Process, Theories, and Approaches, Management Roles and Skills
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Management Functions
Functions: Planning, Organizing, Staffing, Coordinating, and Controlling
0/3
Managerial Economics Foundations
Managerial Economics: Concept and Importance
0/2
National Income
National Income: Concept, Types, and Measurement
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Unit I : Evaluation
Unit I : Evaluation
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Unit I: Business Management and Managerial Economics

πŸ“’Β The primary objective of communication in business is to facilitate the effective and efficient exchange of information that supports the achievement of organizational goals. Communication serves both strategic and operational functions that help align efforts, guide decision-making, and ensure productivity.


🎯 Key Objectives:

1. πŸ“Œ Establish and Disseminate Goals

  • Communicates the mission, vision, and long-term goals of the organization.

  • Ensures that all employees understand the overall direction and purpose of the business.

  • Creates a sense of shared purpose and alignment.

2. πŸ—‚οΈ Develop and Share Plans

  • Enables collaboration between departments and teams.

  • Facilitates the sharing of strategies, action plans, and implementation schedules.

  • Encourages coordination and clarity during the planning process.

3. πŸ“Š Control and Monitor Performance

  • Provides a channel for reporting progress and results through feedback, evaluations, and performance metrics.

  • Helps in identifying deviations from the plan and implementing corrective measures.

  • Maintains transparency and accountability across roles.

4. βš–οΈ Avoid Information Overload

  • Aims to deliver the right information to the right people at the right time.

  • Filters out irrelevant or excessive data to avoid confusion and inefficiency.

  • Focuses on clarity, precision, and relevance in messaging.


🧠 Summary:

Business communication is not just about sharing information β€” it is a strategic tool that:

  • Guides planning and execution,

  • Aligns individual and organizational efforts,

  • Tracks and improves performance, and

  • Prevents barriers like information overload.

Effective communication ensures that decisions are informed, actions are coordinated, and objectives are met efficiently.