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The three principal levels of hierarchies within a business organization are?

The three principal levels of hierarchies within a business organization are: 1. Functional 2. Business 3. Corporate


What is the Role of informal communication within the organization?

Informal communication can be casual conversation among coworkers in a business. This can be effective for spreading news and creating a working relationship.


What role does a decision tree play in business decision-making?

Decision trees help managers visualize how their choices will play out within the organization. Using a decision tree, management can assess multiple options at once.


Is creditor an internol user?

A creditor is generally considered an external user of financial information. They are not part of the organization but rely on financial statements to assess the creditworthiness and financial health of the business. Internal users, such as management and employees, use financial information for decision-making within the organization.


What is ' organization structures and communication channels within your organization '?

The organisation structures and communication channels within your organisation are memos, emails, telephone calls within the business etc


What is business communication?

Business communication is nothing but, the communication between the people in the organisation for the purpose of carrying out the business activities. It may be oral, verbal, written etc. A business can flourish when all the targets of the organization are achieved effectively. For efficiency in an organization all the people (within and outside) of the organization must be able to convey their message properly. The exchange of ideas, understanding, within and outside the organization to achieve the business goals is known as business communication.


What is the meaning of need for sound organization methods?

The need for sound organization methods refers to the ability to establish business practice within the business that actually work. Using business methods that are proven increases the organization's chance of success.


What does downward communication mean?

The flow of information from higher levels of management to subordinate individuals working within an organization. Business managers often need to be very skilled at downward communication in order to properly motivate the staff working under them at their company.


What are the key legal obligation which apply to organization and staff member?

The main obligation of any Business is to provide a safe working enviroment for all staff to work in free from any abuse and within the rules and regulations of the working time directive of the EEC.


What is the difference between business letter and business report?

A business letter is a communication regarding a matter of business to or from a business, public or private organization, or a private person (persons).A business report is a document of organized information prepared for people within a business, organization, or agency, or to the public.


What tool does the HRM use to assess the knowledge skills abilities experience and career aspirations of the employees within an organization?

The Skills Inventory


What purpose does organization chart serve?

to show the lines of responsiblity & authority within a business.

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