Report On TNC ( The Nice Collection ) - Managing Communication

Added on -2020-02-05

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MANAGINGCOMMUNICATION,KNOWLEDGE ANDINFORMATION
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................41.1................................................................................................................................................41.2................................................................................................................................................41.3................................................................................................................................................51.4................................................................................................................................................6TASK 2............................................................................................................................................72.1................................................................................................................................................72.2................................................................................................................................................72.3................................................................................................................................................82.4................................................................................................................................................9TASK 3............................................................................................................................................93.1................................................................................................................................................93.2..............................................................................................................................................103.3................................................................................................................................................13.4................................................................................................................................................1TASK 4............................................................................................................................................24.1................................................................................................................................................24.2................................................................................................................................................34.3................................................................................................................................................4CONCLUSION................................................................................................................................4REFERENCES................................................................................................................................6
INTRODUCTIONManaging communication is a systematic planning in which implementation, monitoringand revision are included. Mostly this term is used when a business wants to grow or think aboutthe opening new venture. With the help of managing communication business develop itsstrategies it leads to collecting information and knowledge gathering (Holsapple, 2013).Present report is based on a upcoming online business that is TNC (The Nice Collection)and its business owner gathered various information so that they become able to stand in the
market of London. In this business person has to developed a team for gathering all informationthat will assists for establishment of business. Team should be taken various discussion aboutdecision-making process that used in the initial stage of the business. Furthermore everynecessary stage is coved in this report that must for the business (What is BusinessCommunication. 2016).TASK 11.1For the initial stage of the business various decision has to adopted by the selected team.In this team should have capability of good decision power, experience holder are also in theteam, good information system and interpreting are included in this. Team leader tries to enhancetheir team quality so that at the time of decision making process no hurdle has available. In thisvarious decision has to be taken by the TNC management that is listed as follows:Programmed decision: In this management of TNC focuses on its product range that haslaunched in the market. In this company has to develop their strategies to evaluate the marketthat which type of product is prefers by the consumer as well what ability TNC products havingthat leads to differentiate from other online business (Jones and Sallis, 2013). Non-programmed decision: Here TNC management focuses on supplier that shouldcover the need of production. In this team has to concerned with all available routes that may beneeded in the future. In this management also focuses on substitute management that will assistat the time of shortage.Strategic decision: When a company think about to come in the market at that time theymust adopt strategies that will assists for stand long term in the market. In this best pricedecision, products and services that available to the consumer and also management evaluatesour competitors efficiency (Choo, Detlor and Turnbull, 2013).Tactical and Operational decision: In tactical medium decision-making taken by themanagement for the implement all tactic in which all market related decision taken under this.And operation is about products merchandise in the warehouses. 1.2In any organisation information and knowledge play a vital role. For implementation forabove decision-making various knowledge and information should be gathered by the team.

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