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Report on Ethical Communication for Business

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Added on  2020-04-07

Report on Ethical Communication for Business

   Added on 2020-04-07

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JB Hi-Fi Communications 1JB HiFi: Ethical Communication for BusinessBy NameCourseInstructorInstitutionLocationDate
Report on Ethical Communication for Business_1
JB Hi-Fi Communications 2Executive SummaryThe paper aims to highlight aspects of the proper mode of communication within a business, in this case concentrating on the JB HiFi Company based in the Australian retail industry. The research constitutes different areas of interest which include: Organization overviewThe area concentrates on the key data of the company including its history and the journey towards where the business is at the present. In addition, the section looks into the market shares controlled by the organization of interest within the industry as well as its ranking among other competitors. As such, the business is placed in a statistical analysis to determine which of the many enterprises command a substantial market share within the industry as well asthe trend involved in the current market dynamics. Consequently, a determination of the financial performance my subject of interest is made. Other essential aspects such as the ownership structure to determine power structure within a business whether it is run by an individual or a group. In addition, we determine procedures of elevating people to the management level. The physical location and the head offices of the enterprise are discussed. Industry overview In this section, we will address the industry to which our company of interest belongs. On that light, we look at the key factors affecting the field. On that light, we concentrate on what impacts they have on the livelihoods of people to determine whether many players are required or a few enterprises can satisfy the demand of the products in the market. Being in the retail of consumer goods, our research will concentrate on the major players to compare to our research business since most of these goods are necessities hence must be provided in huge volumes in the market which encourage many investors. The challenges, therefore, should include the aspectof competition within the field and how it shapes the market. To support our arguments the
Report on Ethical Communication for Business_2
JB Hi-Fi Communications 3claims ought to be followed up with industry reports on comparison as well as the determination of those with a major command of the industry.Communication Strategy The section discusses business communication to the external world. We consider the strategies employed by organizations to enhance the perception the public holds about them. As such, the focus will be based on reports made and released through media for the purpose of informing the people about aspects they care about or the financial proceedings of the enterprises. On the other hand, the data could be a persuasive move to attract consumers to use more of their products. In addition, will discuss special communication carried out by an entrepreneur to counter negative publicity. For instance, if an influential person commented adversely about a business which strategy do they use to clean their name and gain the confidence of the people who might have changed their opinion based on the former’s declaration.
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