Communication Skills for Business: Models, Methods, and Stakeholders

This report provides a comprehensive overview of communication skills essential for business success. It begins by defining communication and its importance, followed by an exploration of communication systems and models utilized in business, including Shannon's and Berlo's models. The report then examines communication technologies and methods, distinguishing between verbal and nonverbal communication, and analyzing the advantages and disadvantages of formal and informal communication. It also highlights the processes used to communicate with stakeholders and emphasizes the principles of effective communication, such as simplicity, clarity, and accuracy. The report concludes by summarizing the vital role of communication in achieving business goals and objectives, and the importance of utilizing communication theories and models to enhance market positioning and employee relations.