The communication process goes through several phases. Start studying Business Communication. The people either work for or are associated with an organisation, including employees, stakeholders, banks, customers, suppliers, advertisers, etc. Categories of business communication Effective communication is an ongoing process of telling, listening and understanding. The consequences of misunderstandings are usually higher and the chances to recognize and correct a mistake are lower. Business communication is a common topic included in the curricular of Undergraduate and Master's degree programs at many colleges and universities. It is not possible to participate in any element of the communication process without acknowledging the existence and functioning of the other elements. 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. For communication to succeed, both parties must be able to exchange information and understand each other. The barriers to communication and technique for improving communication are the same regardless of where the conversation takes place. Effective business communication helps in building goodwill of an organization. (6) Communication has no boundaries. The process of business communication is vital for a company to achieve its goals.This statement may even seem obvious, but many companies disregard this valuable concept and continue to use precarious forms of control and task monitoring. Communication is a need in today’s business world. https://www.middlemarketcenter.org/expert-perspectives/effective- in order to make the entire process more meaningful, efficient, and contribute to overall business growth. Different Types of Business Communication. (5) Communication is an active process. After generating an idea, the sender encodes it in a way that can be comprehended by the receiver. Communication is an active process that changes with the changing environment and mindset of people. The term communication process refers to the exchange of information (a message) between two or more people. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Communication starts with the sender, who is the initiator of the message. (4) Communication is a continuous process. Then comes interpersonal communication between two or three people. Business communication is held to a higher standard than everyday communication. The communication process is dynamic, continuous, irreversible, and contextual. Here is a description of those phases. Business Communication can be of two types: Oral Communication-An oral communication can be formal or informal. Business communication focuses primarily on achieving goals/aims and, in the case of a public company or organization, increasing dividends of shareholders. Similarly, effective communication is the foundation of a successful organisation and to carry out business activities smoothly. If the flow of information is blocked for some reason or the parties cannot make themselves understood, then communication fails. 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. , group discussion, speeches etc and understanding types: Oral Communication-An Oral communication can comprehended. 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