The exchange of information between people at the same level as an organizational hierarchy is called horizontal communication. This communication supplies information neither to superiors nor to subordinates. Rather, information is exchanged between people holding the same rank position. Or status. The need for horizontal communication arises for coordination of activities performed by various departments […]
Meaning of Company Secretary | Appointment of Company Secretary
The term ‘secretary’ is derived from the Latin word ‘secretarius’, the meaning of which is ‘a confidential officer.’ Secretary is one to whom secret matters are entrusted and he has to maintain secrecy of the works he deals with. In earlier times, a secretary was entrusted only to conduct correspondence for kings and other high […]
Guidelines to Improve effectiveness of Cross Cultural Communication
Cross-cultural communication has become essential to communicate with multi-cultural people. The following guidelines will help global managers to communicate effectively across cultures: Improving feedback system: One of the most important ways of improving the effectiveness of cross-cultural communication is to open up feedback systems. People in the organization should develop multiple feedback systems such as […]
Meaning Of Cross-Cultural Communication
Communication between people of different cultures is known as cross-cultural communication. It is also termed as intercultural communication. In order to understand the meaning of cross-cultural communication, one must understand the meaning of culture. In a simple way, culture is the way of life of a group of people. In a broader sense, culture is […]
What is Director’s Report? What is Auditor’s Report?
At the end of financial year, the directors draft a short statement on the overall activities of the company which is called director’s report. This is attached to the company’s annual report. Such a report indicates whether there had been any change in the company’s nature of business. It is an instrument through which the […]