EXECUTIVE SUMMARY Woolworth has been established in Australia and is a grocery store chained owned by Woolworth s limited. For developing any business effective communication process in a business is very necessary. Report highlight about the various concepts and theories related to communication implemented by company. The theories which have been compare and contrast in the report includes semiotic theory, socio-physical and socio cultural theory. Assignment discusses about what interaction theory worked for the organisation and supported them in expanding their business. Furthermore, it would discuss about the impact of effective communication on Woolworth. Report also consists of recommendations like keen market research which could be implemented by company in order to grow(Kernbach, Eppler and Bresciani, 2015.)
Table of Contents EXECUTIVE SUMMARY..........................................................................................................1 INTRODUCTION.......................................................................................................................1 DISCUSSION..............................................................................................................................1 Description of business.......................................................................................................1 Compare and contrast the nature of communication............................................................2 Presenting why communication enhanced or damaged Woolworths...................................4 Recommendation.........................................................................................................................4 REFERENCES............................................................................................................................6 EXECUTIVE SUMMARY..........................................................................................................1 INTRODUCTION.......................................................................................................................1 DISCUSSION..............................................................................................................................1 Description of business.......................................................................................................1 Compare and contrast the nature of communication............................................................1 Identifying the type of communication worked...................................................................2 Presenting why communication enhanced or damaged Woolworths...................................2 Recommendation.........................................................................................................................3 CONCLUSION............................................................................................................................4 REFERENCES............................................................................................................................5 2
INTRODUCTION Business communication can be understood as sharing of information with people within and outside an organisation which is been performed for the commercial benefit of industry. It can also be described as the method which is used by workers, management and administration in order to achieve their organisational goal. Report discusses about woolworths which is a popular retail store dealing in grocery items established in Australia.Company has established more than 1000 stores across the country. Woolworth supermarket is a popular Australian supermarkets chain who are specialised in selling grocery products like vegetables, fruit, meat, packaged food and many more. Company has established more than 1000 stores across the country. Organisation is also engaged in implementing advancing technology like selling their products online which has helped them in exploringwiderrangeofconsumers.Theaimofthereportistoestablisheffective communication in the organisation in order to increase profit. The scope of the report represents the communication theory utilised by the company and it discusses about how much it has helped firm in expanding their business. Organisation is also engaged in implementing advancing technology like selling their products online which has helped them in exploring wider range of consumers (Gupta and Hashim, 2017). The aim of the report is to establish effective communication in the organisation in order to increase profit. The scope of the report represents the communication theory utilised by the company and it discusses about how much it has helped firm in expanding their business. Report provides the description of the business done by woolworths. It also compare and contrast the nature of communication. Furthermore, assignment presents type of communication worked for them(Anolik and Hazani, 2017). DISCUSSION Description of business Woolworths is an Australian supermarket who sells groceries such as fruit, meat, packaged foods etc. Further, they also sell magazines, DVDs, health and varieties of beauty products. Currently, the company operates more than 1000 stores in Australia. The quoted company also have worldwide expansion and offers online services to their customers with home 1
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shopping delivery services (Mounia, Nadir and Omar, 2018). Woolworths also introduce loyalty schemes that includes number of incentives while purchasing items from the store. It also provide discount offer at various seasons in order to attract wide range of customers. In every purchasing, the company offers rewards points to their customers and it also provide shopping credit cards that automatically tracks positions of supermarkets and people also take benefited from this cards while shopping(Anolik and Hazani, 2017). Compare and contrast the nature of communication Communication is the term that mainly refers to exchange the ideas, feelings and sharing meaning of reaching mutual understanding or it is a process to convey information from the senders to receiver with the use of media in which they are communicated(Communication, 2018). Semiotic theory:This theory of communication is mostly used where study are related to literature, environmental and social structures or gestures. It is a sign system in which people understand the phenomena and then organize them mentally in order to transmit communication or sharing it with others (Gupta and Hashim, 2017).This theory helps only when business taking image apart from that and provides an ideas or guidelines of what to do for future when managers got stuck with actual meaning. But on the other hand,this theory also have many disadvantages such as it is used when language are not used by a company and they only used sign system where there is a chances of miscommunication. 2
Socio- Psychological Theory:This theory basically focus on individual and relies on scientific research to generate more theories of social behaviour (Hirsch, 2017). This theory of communication is used when the individual emphasizes the idea of their personal choice in order to maximize profits and minimizes cost(Anolik and Hazani, 2017). This theory also helps a business to pass out correct form of ideas to their subordinates in order to attain their all defined objectives of a company. However, this theory is quite differ from economies theories in the terms of making prediction about their relationships with other subordinates. Socio- cultural theory:This theory mainly contributes in individual development. This theory of communication basically stress the interaction between developing people and culture in which they live. Socio- cultural theory not only focus on how individual learn but also on how cultural beliefs will impact (Anolik and Hazani, 2017). Further,this theory help in problem solving and make good collaboration with their capable peers in order to raise employees knowledge and skills to perform well in the company. IIdentifying the type of communication worked For Woolworths, Socio- psychological and socio- cultural theories will work because these theories are helpful for company to work accordingly and communicate in proper and effective manner(Gupta and Hashim, 2017). Using this theory into work area will help to maximizes profit and minimizes cost as socio- psychological stated. While on the other side socio- cultural theory will further help in contributing towards a society which help to sustain its brand image in market.Moreover, this theory also helps to provide exact information to their peers and subordinates so that they all helps to achieve defined objectives of a company(Martin, 2015). 3
Woolworths doidnot follow semiotic theory of communication because this theory is completely based upon sign language which cause miss- understanding among workers and as a result they did not achieve all goals and objectives of a company (Bhatia, 2016). Presenting why communication enhanced or damaged Woolworths Enhances: ď‚·An effective communication in Woolworths will helpsto motivate their employees and informing them about company's actual objectives and it further helps to improve overall performance ofacompany(Communication, 2018)(Importance of communication, 2018). ď‚·Communication is a source of information in a firm that helps members in decision making and also helps in socialisation. In order to attend meeting and conferences, every individual must have to communicate with each other in the form of oral or written documents(Gupta and Hashim, 2017). ď‚·Formakingpositiveteamrelationship,Woolworthsmusthaveaneffective communication. Further,it also helps to prevent conflicts among them. Damaged: ď‚·Without proper communication,.the brand image of a company will not even sustain in market because their employees did not even know how to work and attain defined objectives of a company (Martin, 2015).This will help them in expandinng their market share. ď‚·With ineffective communication, creativity and innovation will be affected and as a result,company will not able to promote their products in market. Recommendation Various theories of communication like such as socio-physiological, socio-cultural theory are used by Woolworth in order to make interaction more productive and effective between company and consumers (Thomas and Stephens, 2015). This has helped organisation in building relationship with customers which has supported firm in retaining customers. Furthermore, company can take feedbacks from the buyers through internet. For example, organisation can ask customers to give their experience by using products on their websites. This process would 4
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help company in enhancing quality of product and would also make their communication more productive(Gupta and Hashim, 2017). All this can assist in creating loyal consumers. Various theories of communication like semiotic,socio-physical, socio-cultural theory are used by Woolworth in order to make interaction more productive and effective between company and consumers (Thomas and Stephens, 2015). This has helped organisation in building relationship with customers which has supported firm in retaining customers. Furthermore, company can take feedbacks from the buyers through internet. For exampleorganisation can ask customers to give their experience by using products on their websites. This process would help company in enhancing quality of product and would also make their communication more productive. All this can assist in creating loyal consumers. For improving communication, organisation can also ask employees to become more friendly with buyers and implement an informal relationship between them. It would help firm inmoreconnectingmtoconsumers.Also,efficientcommunicationcanhelpindustryin designing the products according to the needs and requirements of buyers which would help them in gaining competitive advantage (Rucker, D.D. and et.al., 2014). Alsofirm can also make use of various other theory of communication like critical and cybernetic theory which would help employees in understanding the customers on the basis of their culture, beliefs, values and needs. Organisation should also be involved in doing market research related to the psychology of consumers. They should be involved in making sure that all the goods produced by them are culturally expected by customer. It can be done through asking questions to the consumers about the loopholes or drawback found in the product. All this will implement productive interaction between consumers and organisation. It can help them in gaining competitive advantage. For improving communication, organisation can also ask employees to become more friendly with buyers and implement an informal relationship between them. It would help firm in connectingmore to consumers. Also, efficient communication can help industry in designing products according to the needs and requirements of buyers which would help them in gaining competitive advantage (Rucker and et.al., 2014). Also,firm can also make use of various other theory of communication like critical and cybernetic theory which would help employees in understanding the customers on basis of their culture, beliefs, values and needs. Organisation should also be involved in doing market research related to the psychology of consumers (Gupta and Hashim, 2017). They should be involved in 5
making sure that all the goods produced by them are culturally expected by customer. It can be done through asking questions to consumers about the loopholes or drawback found in product. All this will implement productive interaction between consumers and organisation. It can help them in gaining competitive advantage. 6
REFERENCES Books and journal Anolik, R. and Hazani, A., Corning Optical Communication Wireless Ltd, 2017.Remote units for distributed communication systems and related installation methods and apparatuses. U.S. Patent 9,812,759. Bhatia, P. S., 2016. Dense quantum communication using single-and two-particle operations on six-particle cluster state.Quantum Information & Computation. 16(3-4). pp.271-290. Gupta, N. and Hashim, Z., 2017. Recent Trends and Applications of Materials used in Fabrication of Devices for Wireless Sensor Network.Materials Today: Proceedings. 4(9). pp.10332-10335. Hirsch, G. K., 2017. Are the Curricula of Technical Communication Programs Keeping up with the Demands of Professionals and Employers. Martin, A. D., 2015.The role of psychic distance in market entry sequence and channel partner initiation: a study of New Zealand food and beverage SMEs: 156.799 Master of Business Studies thesis, Massey University, School of Communication, Journalism & Marketing(Doctoral dissertation, Massey University). Martina,D.A.,andet.al.,2016.FamilyCommunicationaboutChildren’sRomantic Relationship.Interaksi Online.4(3). pp.1-11. Mounia, M., Nadir, A. and Omar, B., 2018. Effects of phytogenic products on gut morpho- histology of broiler chickens.Int J Vet Sci Res.4(1). pp.009-0011. Kernbach,S.,Eppler,M.J.andBresciani,S.,2015.Theuseofvisualizationinthe communicationofbusinessstrategies:Anexperimentalevaluation.International Journal of Business Communication,52(2), pp.164-187. Rucker, D.D. And et.al., 2014. Consumer conviction and commitment: An appraisal-based framework for attitude certainty.Journal of Consumer Psychology,24(1), pp.119-136. Thomas, G.F. and Stephens, K.J., 2015. An introduction to strategic communication. Online ImportanceofcCommunication.2018.[Online].Availablethrough: <https://smallbusiness.chron.com/importance-good-communication-business- 1403.htmlhttps://www.merriam-webster.com/dictionary/communication%20theory>. 7