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MrMuchimi
2 years ago
13

Identify and explain two reasons why effective communication within a business is important to the management​

Business
1 answer:
steposvetlana [31]2 years ago
3 0

Answer:

Why effective communication within a business is important to the management?

In order to attain your objectives, it is critical to communicate well during negotiations. Within the business, communication is also crucial. Effective communication can aid in the development of a positive working connection between you and your employees, which can enhance morale and productivity.

Explanation:

It Builds and Maintains Relationships: Positive interactions with people help to form and maintain relationships. Communication will be crucial in this process; without it, it would be difficult to build and maintain fruitful partnerships. Communication is an important component of any relationship. Two people cannot be friends until they begin to communicate with one another. A supervisor-underling relationship is similar, in that the boss should be able to explain how to do his job to a new office worker.

It Facilitates Innovation: Collaboration and innovation inside the unit or organisation can be improved when employees feel free to express themselves. Employees, for example, will be able to share their ideas on how to improve a company process. Furthermore, if employees are unable to communicate their ideas owing to a lack of communication skills, the idea is unlikely to be fully implemented.

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What are 2 characteristics for intellectual property rights? (in Entrepreneurship)​
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<h2>Copyright Protection </h2>
  • A copyright will protect the following categories of works:

literary works

  • musical works, including any accompanying words
  • dramatic works, including any accompanying music
  • pantomimes and choreographic works
  • pictorial, graphic and sculptural works
  • motion pictures and other audiovisual works
  • sound recordings
  • architectural works
  • computer programs (sometimes the graphical user interface) and websites
<h2>Patents </h2>

Patents protect processes, methods and inventions that are "novel," "non-obvious" and "useful." If granted, a patent gives you a 20-year monopoly on selling, using, making or importing an invention into the United States.

(These are 2 characteristics of property rights)

5 0
3 years ago
What will happen to trade if business is flourishing?​
PolarNik [594]

Answer:

if the business is florishing, as an example Medical sectors during pandemic they are going to grow till they are in a high demand

8 0
3 years ago
Morristown Industries has an issue of preferred stock outstanding that pays a $12.60 dividend every year in perpetuity. If the r
lilavasa [31]

Answer:

$80 per share.

Explanation:

Given: Dividend= $12.60

           Rate of return= 15.75%

  Now, finding the price per share.

Formula; Price per share= \frac{Dividend}{Rate\ of\ return}

⇒ Price per share= \frac{12.60}{15.75\%}

⇒ Price per share= \frac{12.60}{0.1575}

∴ Price per share= $80 per share.

Hence, price per share is $80 for Morristown Industries.

6 0
3 years ago
Which of the following statements are true regarding a FICO score’s changing?
ladessa [460]

Answer:D

Explanation:

4 0
3 years ago
Panda Cafe earned net income of $ 69 comma 000 after deducting depreciation of $ 3 comma 000 and all other expenses. Current ass
kompoz [17]

Answer:

Panda Cafe's cash provided by operating activities​ is 82.000

Explanation:

The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.

It depends on the account if it is added or subtracted to net income. In this case ,  all of them are added to the net income.

Net income 69.000

Adjustment to reconcile the net income to cash  

+ Depreciation expense 3.000

+ Increase in current liabilities  8.000

+ Current assets decreased 2.000

 

Net cash 82.000

4 0
3 years ago
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