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Unit I
Module I
Introduction
In this module, you will learn about the objectives of business communication, the components of
communication, and the types of communication. The communication model consists of five components: the
stimulus, filter, message, medium, and destination. Ideally, the process ends with feedback to the sender,
although feedback is not necessary for communication to have taken place.
You will also learn about the formal communication network in organizations. Within the organization,
information may be conveyed from superiors to subordinates (downward communication), among people at the
same level on the organizational chart (horizontal communication), from subordinates to superiors (upward
communication), and among people in different departments within the organization (cross-channel
communication). These four types of communication make up the organization’s formal communication
network. In addition, you will learn about the categories of barriers to communication.
Finally, you will learn about the informal communication network in organizations.
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Unit I
Module I
Module Summary
You have reached the end of this module. Let us revise the key points. You learned to:
Unit I
Module II
Introduction
In this module, you will learn about the variables of group communication and initial group goals. Three factors
— conflict, conformity, and consensus — greatly affect the efficiency with which a team operates and the
amount of enjoyment that members derive from it.
You will learn about how conflicts can be resolved in groups. In addition, you will learn about the six most
common types of nonverbal communication in business such as body movement, physical appearance, voice
qualities, time, touch, and space and territory.
You will also learn about the strategies for communicating across cultures. In addition, you will learn about the
steps for conducting business meetings.
Unit I
Module II
Module Summary
You have reached the end of this module. Let us revise the key points. You learned to:
and illustrate your points with real examples; and provide and ask for feedback;
summarize regularly; provide a written summary of the points covered in a meeting;
ask your counterpart to rephrase what has been said; encourage questions.
Value Diversity - Those who consider diversity among employees as a source of
richness and strength for the organization can help in bringing several benefits to their
organization.
• List the steps for conducting business meetings.
o Plan the meeting - This includes identifying the purpose of the meeting, determining whether a
meeting is necessary, preparing an agenda, deciding who should attend, and determining
logistics.
o Conduct the meeting - This includes following the agenda, leading the meeting, and adopting
parliamentary procedure.
o Follow-up the meeting - This includes writing the minutes of the meeting and sending it to the
participants.
• Discuss about business etiquette and manners.
o Business etiquette is the practice of well-mannered and suitable behavior in business settings.
It specifies what behaviors are apt and under what circumstances. Thus, business etiquette is
concerned with interaction between people and it is not a meaningless ritual.
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Unit II
Module I
Introduction
In this module, you will learn about the evolution of corporate communication in India, the placement of
corporate communication within organizations, and the troika in corporate communication. A corporate
communication practitioner needs to work on the troika or trinity of audience, message, and medium to achieve
the goals.
You will also learn about employee communication, the theories influencing employee communication, and the
media used in internal communication within organizations. Employee communication media includes house
journals, video magazines, open house/events, idea boxes, shop-floor discussions, bulletin boards, and
employee blogs.
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Unit II
Module I
Module Summary
You have reached the end of this module. Let us revise the key points. You learned to:
Unit II
Module II
Introduction
In this module, you will learn about the symbiotic relationship between business and government, the
relationship between industry associations such as the Federation of Indian Chambers of Commerce and
Industry (FICCI), the Association of Chambers of Commerce and Industry of India (ASSOCHAM), the
Confederation of Indian Industry (CII), and the government.
You will also learn about lobbying, the history of lobbying in India, and the process of lobbying. In addition, you
will learn about issue management and the imperatives of government relations.
You will also learn about the various sources of information for media, the topics that media writing would
broadly cover such as news releases, press handouts, press notes, rejoinders, and features. In addition, you
will learn about how a news release is structured and how to manage media events.
You will also learn about how effective media relations can be built and how media and the corporate
communication department are dependent on each other.
Finally, you will learn how to prepare a spokesperson for media interaction.
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Unit II
Module II
Module Summary
You have reached the end of this module. Let us revise the key points. You learned to:
Unit III
Module I
Introduction
In this module, you will learn about how corporate communication integrates with marketing communication to
support brand communication through various methods such as consumer public relations (PR), sponsorships,
media endorsements, and events.
Marketing planning includes various tasks such as conception, pricing, promotion, and distribution of a product.
Consumer PR is a key tool of promotion in the mix that aims to connect the brand with consumers in a subtle
way.
Sponsorship refers to the monetary support provided by an organization to an activity of another organization
for an event not only to meet a specific commercial objective, but also to create goodwill with the organization
that has requested for the sponsorship.
Organizations make two-pronged use of events in brand promotion, namely sponsorship of certain events to
get the necessary exposure through sponsorship as well as events specially created for a brand launch or
brand promotion.
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Unit III
Module I
Module Summary
You have reached the end of this module. Let us revise the key points. You learned to:
• Identify the various tools and strategies employed in consumer public relations (PR) for brand promotion.
o Marketing planning includes various tasks such as conception, pricing, promotion, and
distribution of a product. Consumer PR is a key tool of promotion in the mix that aims to
connect the brand with consumers in a subtle way. In future, the use of online marketing and
PR is likely to become a major part of consumer PR for many organizations.
o Marketers in India are using innovative methods to reach out to potential customers, which
may not involve the use of any formal media. The disruptions in conventional marketing mean
that organizations have to change their mindset about technology and consumer PR across
the board. Having said that, the traditional expectations from PR – third-party endorsement
through media and building events and activities to extend their news values to additional
audiences – remain crucial.
• Describe the concept of sponsorships.
o Sponsorship refers to the monetary support provided by an organization to an activity of
another organization for an event not just with a specific commercial objective in mind, but
also to create goodwill with the organization that has requested for sponsorship.
o In online sponsorship, the company that sponsors and the organization that has received the
sponsorship put the necessary information on their Web sites. Thus, each time a user uses a
search engine to gather information about the event, many Web pages open up, including
those of both the companies.
• Discuss the stages involved in event management.
o Organizing an event involves complex activities that require precision management. Event
management is defined as the application of the management principles of project
management to the creation and development of festivals and events.
o Event organizers are now undertaking projects from concept to commissioning. This means
they take charge of the entire range of work involved in organizing events. Their tasks involve
giving a client the objectives of the proposed event, selecting the theme, planning, preparing
the inventory, selecting the venue, getting clearances from authorities, setting up the
venue/décor, preparing the guest list, sending out invitations, and taking care of hospitality
and publicity arrangements.
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Unit III
Module II
Introduction
In this module, you will learn about financial communication, the evolution of financial communication in India,
and the key publics for financial communication.
Financial communication is an important factor that can reduce the cost of capital, provided the company is
willing to furnish complete, timely, and relevant information about its financial situation.
You will also learn about the functioning of various financial institutions in India, the various financial
instruments in the capital market, and financial advertising—a term used for communication aimed at raising
money from the capital market.
In addition, you will learn about the importance of crisis communication. Whenever an organization faces a
crisis, it has to communicate with several stakeholders from its perspective. It also needs to respond to the
information needs of these stakeholders. The success of crisis management depends on how the organization
responds to the victims and whether it communicates what it is doing and how it will bounce back.
Moreover, you will learn about corporate governance, which refers to the relationship of a company to its
shareholders, or more broadly, its relationship to society.
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Unit III
Module II
Module Summary
You have reached the end of this module. Let us revise the key points. You learned to:
• Mutual funds – They are collective investment schemes that collect money
from many investors and invest it in different securities.
• Certificate of deposit (CDs) – They are similar to commercial papers and are
mainly issued by banks.
• Commercial papers - Corporate businesspersons issue commercial papers to
fund their working capital needs.
o Describe the meaning of financial advertising.
Financial advertising is a term used for communication aimed at raising money from
the capital market.
In other words, it is a paid form of communication pertaining to various financial
instruments by using mass media.
o List the four principles of crisis communication.
James Grunig proposes the following four principles of crisis communication.
• The relationship principle,
• The accountability principle,
• The disclosures principle, and
• The symmetrical communication principle.
o Discuss the importance of crisis communication.
Whenever an organization faces a crisis, it has to communicate with several
stakeholders from its perspective. It also needs to respond to the information needs of
these stakeholders. The success of crisis management depends on how the
organization responds to the victims and whether it communicates what it is doing and
how it will bounce back.
o Explain the meaning of corporate governance.
Corporate governance refers to the relationship of a company to its shareholders, or
more broadly, its relationship to society.
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Unit IV
Module I
Introduction
In this module, you will learn about the features of business reports and the common types of reports. The
common types of reports include periodic reports, proposals, policies and procedures, and situational reports.
You will also learn about collecting data through questionnaires and interviews. In addition, you will learn about
creating tables and constructing charts. A table is a systematic arrangement of data into columns and rows. A
table presents numerical data more efficiently than narrative text. The proper use of well-designed charts and
graphs can facilitate reader comprehension, highlight certain data, generate interest, and save time and space.
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Unit IV
Module I
Module Summary
You have reached the end of this module. Let us revise the key points. You learned to:
Unit IV
Module II
Introduction
In this module, you will learn about the process of a report that involves planning, drafting, revising, formatting,
and proofreading.
Planning a report involves deciding on the structure of the report, the organization of the content, and the
framework of the headings before you start writing and also as you write. Drafting a report involves writing
down your ideas as they flow, without worrying about style, correctness, and format.
The final process of a report involves revising, formatting, and proofreading a report for content, style,
correctness, and readability.
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Unit IV
Module II
Module Summary
You have reached the end of this module. Let us revise the key points. You learned to:
Unit V
Module I
Introduction
In this module, you will learn about business presentations. Both written reports as well as oral presentations
are crucial in helping an organization accomplish its objectives. In addition, you will learn about work-team
presentations. Work-team presentations are common strategies adopted to communicate about complex
projects. Such presentations, whether written or oral, require extensive planning, effective coordination, in
addition to maturity and goodwill.
You will also learn about visual aids used in business presentations. In addition, you will learn about audience
handouts, which are printed copies of notes, tables, or illustrations.
Unit V
Module I
Module Summary
You have reached the end of this module. Let us revise the key points. You learned to:
Unit V
Module II
Introduction
In this module, you will learn about the stages involved in planning a career. The first stage is self-analysis,
followed by research. The third stage is gathering industry and company information and the final stage is
networking.
You will also learn about resume preparation and the important elements in a resume. A resume is an outline
of one’s personal details and qualifications, prepared by an applicant for a job. In addition, you will learn how to
prepare a job application letter.
Finally, you will learn how to prepare for a job interview and follow up the interview.
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Unit V
Module II
Module Summary
You have reached the end of this module. Let us revise the key points. You learned to: