Author: Masudur Rashid

Preparing market report is a complex and specialized task. A haphazardly prepared report cannot attract the attention of the readers and fails to satisfy the demand of the readers. For this reason, it should be prepared by incorporating the following elements: Title: A market report must have an appropriate title. From the title, the reader can easily understand the subject matter of the report. Name and address of the market: Market report must mention the name and address of the market on which the report is prepared. Dhaka Stock Exchange, Chittagong Stock Exchange, Kawran Bazaar Vegetable market etc. are the…

Reports are the primary means of communication in organization. In large-scale organizations, there is no alternative to use reports. Reports also play an important role in small-scale organizations. Some points highlighting the purposes or objectives or important of business report are presented below- Transmitting Information: Business report is very important for transmitting information from one person to another or form one level to another. Although a manager can personally collect required information in a small scale enterprise, it is not possible in the context of a large scale organization. In the latter case, the managers rely on reports for obtaining…

Feedback is the essence of two-way communication. In two-way communication, the sender must wait for receiver’s response before deciding what to say nest and how to say it. Feedback is the check on how much successful one has been in transferring his message as originally intended. If there is no feedback. Communication will be incomplete and ineffective. Based on feedback, a sender may either alter the presentation of the message or cancel it entirely. Thus, there is no alternative to feedback. Some points highlighting the importance of feedback are mentioned below: Why feedback is necessary for completion of communication process?…

Memo transmits information relating to day-to-day activities of an organization. It generally carries orders, instructions, policies, procedures etc. From higher level to lower level of the organization. It is also used to convey suggestions and requests from lower level to upper level. However, the following are the main functions of memo: Conveying information For better performance, organizational members require information. Memos are the tools to convey information to various internal parties of an organization. This information may be a new policy, new decision, revision of an existing programmed, the appointment of new managers and announcement of special events, like a…

Imagine you are running a company and need to tell everyone about a new policy. You could try sending separate messages to each person, but that would take forever. Or you could gather everyone in a room, but not everyone is available at the same time. What do you do? This is where the circular letter comes in as your best friend. It lets you share one clear, professional message with a large group quickly and efficiently. Today, let us explore the importance of circular letters and why they still hold a key place in business communication, schools, and other…