• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

English for business

Extracts from this document...

Introduction

English for Economic Sciences Adriana Vintean Communication is essential to life and imperative if business is to prosper and survive in a competitive environment. It can be: Verbal - the written word Oral - the spoken word Visual - the illustration Numerical - the written and interpreted number Electronic - using a computer Communication should be received and understood so we must ask ourselves not what we want but what the audience wants. The term communication skills covers a number of defferent areas, including: -speaking clearly, fluently, convincigly. -understanding and responding to non verbal communication(body language). -Producing effective written communications, including briefs and presentations. In business life it' s important not only to be efficient and do your job but also to look and sound friendly, confident, sincere and helpful. Poor communication is the cause of all breakdowns in business relationships. When they try to communicate people go through different stages and the lack of care at any of them lead to confusion and wasted time and energy. 1.The need or desire to communicate with someone else- aiming. 2.The translation of internal thoughts and feelings into an external means of transmitting them as a coherent message- encoding. 3.The transmission of the message(spoken, pictorial, written, body language, tone of voice, timing)- transmitting. 4.The reception of the message(how and why people listen)-receiving 5.The translation of the message to internal thoughts and feelings on the part of the receiver-decoding. 6.The need or desire to respond to the message that has been sent(thinking, feeling, planning internally, setting objectives)-responding. A successful communication is meant to beware that the meaning of the message is the responsibility of the sender first. Having decided what it is that you need to communicate and whom you are going to communicate with, you then need to consider the impact the information will have- will it alarm people, will it make them more efficient, irritable, more comfortable, resentful, dafer, happier, bored, more productive, better informed, more motivated, more loyal? ...read more.

Middle

The first two ways are variable and are adjusted periodically to reflect movements in interest rates on the market. They may also be negotiable. The third may be dangerous for the bank when market rates are erratic. A company involved in a business where income and expenditure are subject to constant changes needs a variable borrowing facility. This is met most simply by an overdraft facility. The company opens an account with the bank, and an overdraft with a specified limit is granted on the account. Many companies make a profit not only from the goods or services which they sell, but also from the money that they have. Cash managers utilize funds at their disposal, buying and selling shares, treasury bills and so on, to generate profit in the form of investment income. Rather than move valuable foreign shares and securities around the world by post, a company will deposit them for safe keeping with a bank in the foreign country. A company in Sweden which buys shares on the American market, for example, will use the custodian services of a US bank. Banks naturally charge fees and/or commissions for custodian services. TEXT 8 Presenter: Simon Stillman meets Oliver Richardson . Simon: Could we take up the question of the interest rate charged for this overdraft facility? Oliver: Yes, of course. Simon: It seems to be rather high: one per cent over Wallers base rate. First of all, what is the base rate? Oliver: It's our basic lending rate which at the moment is eleven per cent. Simon: Yes, I see. It's more or less the overnight rate, then, as I understand it, your base rate. Oliver: Yes. Simon: But a mark-up of one per cent seems rather high. As you know, we work with a lot of banks, and, quite frankly, one per cent is just too expensive for us. Oliver: Yes, I see. ...read more.

Conclusion

As a result it becomes ever more difficult for interest groups, whether labour unions, farmers' organizations, commercial or industrial associations, ethnic leadership groups, or even criminal syndicates, to "deliver the vote." The extent to which "deviant voting" occurs depends partly on the degree of rigidity in the social structure. In countries where caste or class barriers are high or where traditional social, economic, religious, or regional cleavages remain strong, deviant voting is less likely than in countries where social mobility is possible and where political conflicts cut across traditional social cleavages. In Western nations the increasing difficulties of labour, farm, religious, or ethnic leaders in influencing the voter attests to the success that secret voting seems to have had on freeing the individual from electoral bondage to his traditional or economic affiliations. Balloting. The ballot makes secret voting possible. Its initial use seems to have been a means to reduce irregularities and deception in elections. This objective, however, could be achieved only if the ballot was not supplied by the voter himself, as was the case in much early voting by secret ballot, or by political parties, as is still the case in some countries. Ballot procedures differ widely, ranging from marking the names of preferred candidates to crossing out those not preferred or writing in the names of persons who are not formal candidates. Ballots also differ according to the type of voting system employed. Where plurality or majority voting is practiced, most elections employ classified ballots whereby the voter casts his vote for only one candidate or list of candidates. Where proportional methods are used, election is by ballots that enable the voter to rank the candidates according to his preferences. Though evidence is hard to come by, it is commonly believed that the nature of the ballot influences the voter's choice. In jurisdictions where electors are called upon to vote not only for higher offices but also for a multitude of local positions and where, in addition, the election may include propositions in the nature of referenda, the length of the ballot seems to be a factor affecting vote outcomes. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Business, Companies and Organisation, Activity essays

  1. Marked by a teacher

    Do you think it is a good idea for companies to use corporate social ...

    3 star(s)

    Therefore, if corporations are 'artificial persons' under the law (e.g. they own their own assets, they can sue and be sued etc), then they can also claim some of the entitlements, privileges and protections of citizenship such as rights to free speech and political participation.

  2. Fish and Chip Shop Business Plan Outline

    immediate competition, but that doesn't mean you shouldn't be aware of that it is up to. You need to look at what your competitors are doing in terms of products and hours. In terms of quality of product, you don't need to be in the same league as McDonalds and

  1. Tesco Research

    There are so many methods on communications. For example: - E-mails - Memorandum - Presentations - Fax - Letters - Flowchart - Telephone calls - Invoice - Reports - meetings - Publicity materials - Flow charts - Videoconferences The managers I am working with do have a high level of interpersonal and communication skills as Tesco employs graduates.

  2. Business Studies

    in another country > Advantage of exporting is lower level of risk > Disadvantage is trade barriers, transport costs - Foreign direct investment > When a business invests in another country ie) property or business 1 - Takeover or merger with another business ie)

  1. Free essay

    Write a business plan which I would set up within my school.

    range of people think and want within my school, then the data I collect will be more relevant. I will ask 25 people to fill out my questionnaire if I feel that I need more data I shall increase it to 35.

  2. A Brief History of John Lewis.

    Then each partner will get a percentage of what they had earned in that year. Last year the percentage was only 9%. This was only the second time the company's history that the bonus has gone down into a single figure.

  1. Case Study of the "Life is Good" clothing company.

    But it is easy to deal with talk to your friends and make sure they know their roles. Let them know here is the business, and there are rules in the company. Everybody should follow the rules, nobody except. Question 5.

  2. Analyse the relationship between job roles, functions and an organisations structure, using appropriate illustrative ...

    It can affect the structure of the company because the Marketing is linked with Sales which affect the structure of the company. Also another example would be if you?re a specialist in Marketing you will have the expertise and knowledge of the job and with past experience it will help the company succeed.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work