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INDIAN SCHOOL OF BUSINESS
AN ISO 9001 : 2008 CERTIFIED INSTITUTION
SUBJECT:- Business Communication
MARKS :80
Course :MBA-4 Sem (Masters In Business
Administration Dual
Name :
Answer the question in one line.
Q1. Explain the nature and general
purpose of financial statements. (10 marks)
Answer:Financial statements, which are accounting
reports, serve as the principal method of communicating financial information
about a business entity or an individual to outside parties such as banks and
investors. In a technical sense, financial statements summarize the accounting
process and provide a tabulation of account titles and amounts of money.
Furthermore, financial statements report the financial position or financial
status of a business or an individual as well as financial changes at a
particular time or during a period of time. The basic purpose of financial
statements is to communicate to external and inter
Q2. What is meant by the term
‘Just-in-Time’ Inventory system? (10 marks)
Answer: Just in time (JIT) inventory is a management
system in which materials or products are produced or acquired only as demand
requires. This approach to managing inventory has become increasingly popular
in the early 21st century as suppliers and retailers collaborate to try to
control inventory costs while still meeting customer demands.
Purpose: Just in time inventory is intended
to avoid situations in which inventory exceeds demand and places increased
burden on your business to
Q3. What is a bad news message? (10 marks)
Answer:In business writing, a letter, memo, or email
that conveys negative or unpleasant information--information that is likely to
disappoint, upset, or even anger a reader.
Bad-news messages include rejections
(in response to job applications, promotion requests, and the like), negative
evaluations, and announcements of policy changes that don't benefit the reader.
A bad-news message conventionally
begins with a neutral or positive buffer statement before introducing the
negative or unpleasant information. This approach is called the indirect plan.
Delivering bad news is something
that we all
Q4. What do you understand by the
phrase ‘Readers responses are sharpened by Situation’? (10 marks)
Answer:One can sort reader-response theorists into
three groups: those who focus upon the individual reader's experience
("individualists"); those who conduct psychological experiments on a
defined set of readers ("experimenters"); and those who assume a
fairly uniform response by all readers ("uniformists"). One can
therefore draw a distinction between reader-response theorists who see the
individual reader driving the whole experience and others who think of literary
experience as largely text-driven and uniform (with individual variations that
can be ignored). The former theorists, who think the reader controls
Q5. What is resume deception and
personal data in resume writing? (10 marks)
Answer:When creating your resume, it’s important to be
honest and accurate. Embellishing your resume can come back to haunt you. Many
people have been fired from their jobs because they lied on their resume or job
application. Most employers conduct background checks and check your personal
and professional references. If your employment history doesn’t match up, you
will be denied the position.
Being honest on your resume doesn’t
mean you
Q6. Why is a claim letter written?
(10 marks)
Answer:Claim letters are used to make claims due to
unsatisfactory work or products by companies that have contracted another party
to complete work. For example, if a company outsources production of a part
required for a final product and is unsatisfied with the contractor's work,
that company will write a claim letter to demand superior products. As such,
claim letters have a very formal and serious tone. Use the suggested phrases
and model letter below to model claim letters for use in your own business
activities.
The following letters make claims
against
Q7. Define communication. Discuss
the importance of communication with reference to an individual and an
organization. (10 marks)
Answer:Communication (from Latin commūnicāre, meaning
"to share") is a purposeful activity of exchanging information and
meaning between living organisms or artificial devices using various technical
or natural means, whichever is available or preferred.
Communication requires a sender, a
message, a medium and a recipient. However, the receiver does not have to be
present or aware of the sender's intent to communicate at the time of
communication; thus communication can
Q8. What legal aspects influence
business communication? Discuss any two of them in detail. (10 marks)
Answer:Business communication can take many forms,
including sales pitches, marketing messages, press releases and even company
meetings, depending on the audience and communication medium. Business
communication competencies tend to focus on building relationships and
achieving productive results, but the legal aspect must also be considered.
Certain areas of business communication are strictly regulated by law, while
others can lead to potentially harmful civil litigation. Understanding the
legal framework in which business communicators work is essential for
entrepreneurs, managers and front-line employees
Dear
students get fully solved assignments
Send
your semester & Specialization name to our mail id :
“
help.mbaassignments@gmail.com ”
or
Call
us at : 08263069601
(Prefer
mailing. Call in emergency )
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