Whenever we need something so badly in the business landscape, innovation is bound to happen. From the slight improvement in the user interface of your…
Average Inventory – Definition, Formula, Uses and Examples
Average inventory is the average quantity of inventory available in a company during a specified period. In other words, it means the value of an…
Public Communication – Definition, Importance and Types
Definition: Public Communication can be defined as strategic communication to convey ideas, programs, though, presentations, data, propaganda, etc., to the masses, the public, students, or…
Verbal Communication – Definition, Types, Importance and Difference from Non-Verbal
Verbal communication is a form of oral communication that happens between two or more persons in any form of speech or by using words. This…
Communication Strategy – Definition, Importance, Types and Success
A communication strategy is a plan through which a company can achieve the communication objectives. It constitutes different elements such as setting the goals of…
11 Communication Quotes and Sayings for Businesses
Communication quotes are a collection of words to boost morale and inspire people. Such quotes have a psychological effect on the individual. Communication in general…
Upward Communication – Definition, Types, Advantages and Difference from Downward Communication
Upward communication is defined as a communication process in which the managers, supervisors, directors receive information and messages from the lower level employees regarding works…
List of 21 Communication Techniques to Master
Communication techniques are methods used by a communicator, speaker, or listener to improve the effectiveness and reach of every conversation or interaction. For better understanding,…
Miscommunication – Definition, Causes and How to Avoid It?
Miscommunication is the failure to communicate adequately or not being able to express ideas or thoughts correctly. It is among many communication barriers. A miscommunicated…
Business Communication – Categories, Process and Benefits
Business communication entails a continuous & effectively regularized process to bring together both the subordinates & superiors under one cloud. It is also true for…
Visual Communication – Definition, Importance and Types
Visual communication is a means of conveying data and information using various visual mediums, for instance, graphic design, diagrams, text, prints, charts, illustrations, typography, infographic,…
7 C’s of Communication Explained
Definition: The 7 c’s Of communication can be defined as a checklist used to help effective communication between two or more parties and make sure…
Vertical Communication – Definition, Types, Advantages and Disadvantages
Definition: Vertical communication is a form of communication that occurs between two individuals who are at different positions of hierarchy within the same organizations. It…
Monte Carlo Analysis – Overview, Simulation and Importance
Monte Carlo Analysis is a computerized mathematical model that helps people to calculate risk in decision-making and quantitative analysis. Monte Carlo analysis is also known…
How to Write a Mission Statement With Real Examples
A mission statement is defined as a roadmap that describes the vision statement of an organization. In other words, it is an action-oriented statement that…
