Thursday, 29 May 2014

Business Communication

Task 1:
CB Ltd Company

To: General Manager

From: Agnes A. Corsanes (Junior Manager)

Date: 17th January 2014

Subject: The Business Communication and the main forms of communication

Message:

“Effective communication is important both within an organisation and externally. Effective communication improves business efficiency.” (BBC, GCSE Bitesize)

The main forms of communication

There are two types of communication that organisation use in business society. These are: Internal and External Communication.

Internal Communication: is one way to share information or give ideas within an organisation for business purposes. For example: internal communication within a company can take via, telephone, face-to-face, e-mail, memos, etc.

External Communication:  are used when an organisation needs to interact with other organizations or individuals (Hannagan, T, 2008).

Formal and Informal Communication

There are 2 main categories of communication in Business Society these are:

-Formal Communication: a formal communication include: formal letters/reports, presentation and meeting. It is important to always remember to avoid slang words use standard English language instead whenever you interact/share information to others and make sure that your points/ideas are clearly laid out because when we are using them we have specific formats and rules to follow.

-Informal Communication: a informal communication is by using slang words, no specific formats  and some points/ideas are mixed to another.
Both of them have their own time and place but business people should be aware of formal communication that used in business and the rules about how they are used.

There are also other methods of communication can be use and these are Written and Oral Communication, Electronic Mail and Hard Copy.

Written Communication: involves any type of interaction that makes use of the written words. Nowadays most of people in business communicate extensively with their colleagues or other organisations by writing e-mails, memos, reports, letters, etc. This could be through internet, paper, catalogues, etc.

Advantages:

-Easy to preserve:  Written communication are easy to preserve. If it is needed, important information can be collected from the preserved documents.

-Effective communication: Written communication helps to make communication effective. It is more dependable and effective than those of other forms of communication.

-Permanent record: all the messages that have been sent and received will automatically be saved.

-Maintaining image: Written communication helps to maintain the images of both the person and the organization. It also protects the images of the company or organisation.

Disadvantages:

-Expensive: Written communication could be expensive. For this communication paper, pen, computer and a large number of employees are needed.

-Time consuming: It takes time to communicate with others. It is a time consuming media. It costs the valuable time of both the writer and the reader.

-Lack of flexibility: Since writing documents cannot be changed easily at any time. Lack of flexibility is one of the most important limitations of written communication.

-Privacy: It is hard to maintain its privacy.

-Delay in decision making: It takes time to communicate with all the parties concerned. So the decision maker cannot take decisions quickly.

Oral  Communication: involves any type of interaction that makes use of the spoken words.Verbal communication takes place through face-to-face conversations, group discussions, interview, etc.

Advantages:

-More powerful: Speech is a more powerful means of persuasion and control. Therefore, in business society they  prefer to transmit messages orally.

-Effectiveness: With the help of variations in the tone, pitch and intensity of voice, the speaker can convey shades of meaning. This factor also contributes to the effectiveness of oral communication.

-Flexibility: By the demand of the situations oral instructions can be changed easily.

-More suitable: The employees felt more suitable when the message transmits in orally. They get an opportunity for feedback and clarification.

Disadvantages:

-No record: In oral communication, messages are difficult to record. So it is impossible to preserve the message for future.

-Less important: In oral communication, meaningless speech can mislead the main effects of the communication. But when the information comes out in written, we take it more serious.

-Creates misunderstanding: Other person might take what you said out of context and misunderstand you and the point of what you are trying to communicate.

Electronic Mail: The purpose of electronic mail is exchange messages (sending and receiving messages from others). Nowadays communicating through email is very popular everywhere especially in business society because it is quick and free.

Advantages:

-You can access to you email account and type your email message anytime and anywhere you want, save it for later use and send it at any time without having to worry about envelopes, stamps and tariffs.

-You can attach any file on your computer to an email message easily, regardless of its type and, mostly, size.

-Safe for the fee you pay for accessing the internet, sending and receiving emails is typically free.

-Emails typically arrive within seconds or minutes anywhere in the world.

Disadvantages:

-The recipient needs access to the Internet to receive email.

-No guarantee the mail will be read until the user logs on and checks their email.

-Viruses are easily spread via email attachments (most email providers scan emails for viruses on your behalf).

Hard Copy: Hard copies are much reliable as through these copies the information can be retained even after a longer period of time and hence are used for many different purposes.

One of the advantages of using hard copy is that; it can be read by the person at any time he wants to go through it and mainly in hard copy all the information is contained which the person in fact is unable to deliver it to the people. 
One of the disadvantages of using hard copy is that; if it needs to be transported from one place to another then it needs to be physically carried and this results in taking a lot of time depending upon the distance to be travelled.

Task 2:

Barriers to effective communication
A balance needs to be struck in communication between management and staff. Insufficient communication leaves staff 'in the dark' and is demotivating. However, excessive communication leads to information overload, eg when staff find hundreds of messages arriving in their intray each day.
Communications fail when a message is unclear or the receiver does not understand. Messages may never be received if they are sent at the wrong time or to a junk email folder.
The result is inefficiency and higher costs, as more resources are needed to achieve the same result.
Training staff to select an appropriate and accurate way, thorough messages will improve the quality of communications, especially if there is an opportunity for feedback. (BBC, GCSE Bitsize, Business Studies)

-Organisational Barriers:
This type of barrier is often occurs in an organisation when there is communication between team members of the organisation. One of the major barrier in an organizational barriers is that prescribing the company policies (rules and regulations/procedures).
In the organisational rules and regulations, prescribing other sub-matter along formal communication may restrict the flow of messages in the communication process which means that sometimes, it happens that important messages are manipulated/omitted which cause delay of delivering messages to employees and discouragement to employee in conveying their innovative ideas. Therefore, the rules and regulations should be flexible to everyone and listen to the ideas that they come up. In this way you will make them fell encouraged and motivated.

-Emotional Barrier:
Our emotions can be a barrier to communication. Everyone has their own way to communicate to people. Therefore it is not easy to control somebody’s feelings/temper, but understanding each person’s situation is an important way to keep your workplace communication effective and barrier-free. If possible, ask one of your colleagues or employees how are they today. (Bevan,J and Couple-Smith,H, 2010)

-Physical Barrier:
The distance between the sender and receiver of the message is an important barrier to communication. Noise and environmental factors can block communication; environment factors cannot be controlled by anyone, but the noise can be controlled by the management.
Noise could be any disturbance that reduces the clarity and effectiveness of communication. This could be physical or psychological, written or visual. It distracts the people communicating and acts barrier to communication. Loud noise affects the listening and understanding process of the people who's communicating (physical noise).
Similarly inattentiveness of the listener/receiver make communication ineffective (psychological noise). Bad handwriting and incorrect spelling irritates the reader/receiver (written noise). The late arrival of employee can catch superior’s attention (visual noise).

Importance of Effective Communication in an Organisation
Communication makes a big impact on business efficiency. Effective communication means:
            -Customers should enjoy a good relationship with the business. For example:
            complaints are dealt with quickly and effectively.
           
            -Staff should understand their roles and responsibilities, eg tasks and deadlines are understood and met.
           
            -Staff motivation improves when, for instance, managers listen and respond to suggestions.
           
This means that effective communication in the workplace supports employees with understanding of what is expected from them and what they should do. For organisations, successful communication creates effective performance of the staff and increases customers’ profit and generally, to the company. (Bevan,J and Couple-Smith,H, 2010)

Keys to Successful Communication in an Organisation
Communication is the process by which we exchange information between individuals or groups of people. It is a process where we try as clearly and accurately as we can, to convey our thoughts, intentions and objectives. Communication is successful only when both the sender and the receiver understand the same information.These will help the company to build a good working relationship between managers and staff members.
By developing a network or trying to become with people in different departments within your company and looking for experiences or interest you have in common you will achieve success. (Nutall, J, 2000)

Task 3:
17th January 2014

Notice of meeting
There will be an emergency meeting regarding the high amount of complaints received about our customer service. All the head managers from the HR, Sales & Marketing, Finance and Customer Service department must attend the meeting. Any other issues will be discussed.

Emergency Meeting: Staff Training (Product Knowledge)
Date: Monday, 20th January 2014
Time: 10:30 am - 12:00 noon
Where: Nimbus Room (CB LTD Headquarters)

Agenda
1. Minutes of the last meeting
2. Customer Service: Complaints
3. Sales: Product have been returned
4. HR: Trainings
5. Finance: Cost of trainings
6. Conclusion
7. Any other issues
8. Date of next meeting

Agnes A. Corsanes/HR Manager

Minutes for the Management Department Meeting of CB Ltd Company will be held on Monday, 20th January 2014 at 10:30 am at Nimbus Room, CB Ltd Company conference room.
Attendees Present:
            -Silvana Perez / Sales Manager
            -Haggai Afriyie / Finance Manager
            -Ilham Ahmed / Customer Service Manager
            -Agnes A.  Corsanes / HR Manager
            -Zahra Mohammed / General Manager
The General Manager started the meeting at 10.30 am and she welcomed all the team members that have attended the meeting.

1. 1. Minutes From The Last Meeting:

2. The minutes from last meeting was read out by the HR Manager, Agnes A. Corsanes and no adjustment was made. The minutes was approved and signed off by the General Manager, Zahra Mohammed.
3.  
1. 2. Customer Services: Complaint
The complaint report was read out by the Customer Service Manager, Ilham Ahmed. Customers have been complaining about our sales staff that they are lack of product knowledge. A day ago when a customer came back to the store to return the product because that was not the product he was looking for, an electric drill and he was also asked me for the refund and kindly, told me that one of our staffs are lack of product knowledge and need to be trained properly.

3. Sales: Product have been returned
Silvana made a presentation and she showed us the chart of our recent activity that has been occurred during the first 24 hours.
Units made                                                   1,400,000
Units pull back                                              180,000
Units sold                                                     1,285,000
Units Returned                                                     34
Units in good condition                                115,000

4. HR: Trainings
HR Manager, Agnes A. Corsanes was read out that all the sales staffs will have a weekly product trainings with their supervisors/managers, so they will gain enough information about the products that they are selling.

5. Finance: Cost of trainings
Finance Manager, Haggai Afriyie estimated the total amount that they may spend on trainings is £10,750.00. She also included the other expenses/profit of the company.
Product Sold                                                £2,230,000.00
Product returned                                        £320,000.00
New Equipment                                           £230,000.00
Advertising                                                   £100,000.00
Training                                                         £10,750.00

6. Conclusion
The General Manager starts the conclusion by thanking everyone for attending the meeting. Agnes continues to talk about the next step of action:
-All departments will have a weekly meeting with their staffs (to inform the staffs what is going on in the business and to deliver information about the products).
-Try to be more organised and avoid that kind of incident will never happen again.

7. Any other issues
No other issues were addressed at the meeting. It was adjourned at 12.00 noon by the General Manager.

8. Date of the next meeting

Meeting was adjourned at 12 noon by The General Manager (Zahra Mohammed) and he announced that the next meeting will be on 20th of February 2014 at 11:00 am - 1:12pm at Cirrus Room, CB Ltd. Company. 

Task 4:

The Management Report of the use of Communication in Business

1. Abstract
Generally, the report is about the different types of communication that used in the meeting that was conducted on the 17th of January 2014. I will evaluate how successful these methods regarding in an emergency meeting. The context of this report will check at the barriers with communication and which part will be overcome these barriers. We are hoping to get  the most accurate type of communication that we may use in business. Lastly, we will also make an appropriate guidelines in order to improve the communication at work.

2. Terms of Reference
-The purpose of this report is to identify and explain the different types of communication.
-Evaluating the different type of methods that communication has.
- Identifying and explaining some barriers to communication.

3. Procedure
 We used different type of methods of research to be able to conduct this report. These are:
-Internet, Books, etc.
-Primary research is also part of getting ideas and information.
-We used the ideas/information that we got from primary research and we applied.

4. Findings
After researching all the information that we need for this report; the differences and similarities and what method is the accurate and appropriate to use in a working environment.
-Electronic mail is very popular everywhere especially in business society because it is quick and free.
-Oral and written communication have got a lot of similarities.
-To avoid the barriers in communication the sender must deliver the message clearly and understandable to the receiver. On the other hand receiver must pay attention and must be focus too.

5. Discussion
According to my research and findings, I found the explanation how communication is very important in an organisation/company. The findings are very useful, it helps you to understand every point of the scenario.

6. Conclusion
As a conclusion employees and employers must be more focus in order to run the business accurately. Having a good relation and having an open communication between employees and management could save time. However, both side should use the appropriate form to communicate to each other. This could be through formal, informal, written or oral.

7. Recommendation
 According to what we discussed throughout the report has lead me to make the following guidelines that company should do:
-Avoid the barriers in communication between the employees and the management.
-Team managers and members should be more attentive and focus for the daily duties.
-Employees should be trained and informed in advance if they are any changes in the company.

Planning Market Research


In this report we are going to choose the appropriate external and internal sources of secondary information would help us to set up the restaurant and what are their advantages and disadvantages. We are also going to describe and explain the reason of the three methods that we chose from primary research that could help us to set up the restaurant, stating their advantages and disadvantages. Lastly, we are going to make and explain our market research planning process.

Task1:  AC1
There are four of us who have been made redundant and we are using our redundancy payments to invest into to our new business venture. Each of us will use our own skills and bring our previous work experience to the business.
Internal Source of Secondary Information:
-Financial Manager: This person worked at Pizza Hut for 5 years and she has the financial experience such as auditing, budgeting and preparing annual financial statement of the company.
-Sales and Marketing Manager: She worked at Subway for 8 years and she has the experience on how to promote the product to public and how to increase the sales profit. She is also in charged in advertising, creating new products and doing the research about what customers want based on their culture, religion, etc.
-Human Resources: She worked at The Cavendish Hotel for 7 years and she got the experience on making plan for trainings (health & safety), hiring/firing staffs and doing an induction for new staff members.
-Head Chef: She worked at T.G.I Fridays for 10 years and she has the experience on making new menus depending in what season we are at the moment such as Christmas, summer, etc.
One of the advantages of internal source information is the fact that the information that we gathered from it is very reliable because it based on our own experience which don’t cost us anything. One of the disadvantages of internal source information is that sometimes our experiences and knowledge are not enough to do own job roles.
There will be no sales record because we are still planning to set up our restaurant.

External Source of Secondary Information:
-Internet: This is very useful and helpful source of information in terms of setting up our restaurant as it allows us to browse different restaurant websites and this help us to gather new ideas and concepts that we can apply to our restaurant. One of the advantages of internet are: we can access quickly (24hours available) such as when we have a new restaurant promotion we can easily update our website and we can save time in terms of paying bills  we can easily transfer funds such as paying utility bills, taxes, etc without leaving the house.  However, there are some disadvantages of using internet because some of the information is not really reliable to use because anyone can copy and edit the information anytime.
-Government: This is very important part of external information since we are going to invest a big amount of money so we make sure that we meet their requirements. The advantages of going to government such they provide vital information about business legislation, they will give us advice and ideas on how to manage our business properly. In terms of laws and regulations of opening a restaurant such as the Equality Act 2010, business license/permits (we should book an appointment to register at least 28 days before we open our restaurant and serve our first meal to public.) The government is very strict when it comes to food safety (hygiene) so, we should go to FSA (Food Standards Agency) office because they are the responsible for all food safety standards and we should make sure that the licence of environmental health service. However, there are also some of the disadvantages such as we need to book an appointment online before we go to their office. Time consuming: They will send you in different department office depending on what you need such as taxes, permits, etc.     
                                                                         
-Books and Magazines: These sources of information allow us to gather different ideas/concept reading their biographies and their experiences. The advantages of reading books/magazine are that they are written by people based on their experiences; the positive effect on how we run our own restaurant and it also helps chefs to create other recipes ideas to make new menus. Catering magazines and catering brochures will help the sales marketing to gain ideas about new way to promote our restaurant. However, the disadvantage of this is that the books/magazines may old and the contents are not up-to-date.
We agreed to use the secondary information for our restaurant. These are the advantages and disadvantages of the source that we selected.

Task 2: AC2

Three methods of Primary Research could help us to set up our new restaurant: SHIA.

-Focus Group: It is a group of people who assembled to participate in a discussion to gather varies information to evaluate a new concept about the product before it launched to public and/or to provide feedback (qualitative research).  

*      Advantages:

- Focus groups allow us to study what improvements we need to be made to create new food menu before it hits the market. This can prevent our business from wasting large amounts of money on making different menus/promotions and marketing a food menu that isn't ready for the market or isn't what consumers are looking for.

-We can gain new realistic ideas from other people’s recommendations and can actually be implemented effectively.


*      Disadvantages:
- Lack of participation: some of the members could be more focus on testing than compromising with other members, which means a team member with a strong personality or opinions about the product may sway the views of others.


-Street Survey: this is conducted on the streets by stopping people and asking them about their taste and preferences in terms of food. To apply this we should ask people some questions such as; how often do you eat outside or order takeaways a week?, what average would you spend in a restaurant?


*      Advantages  
-Customer comments, suggestions and responses about a restaurant menu, business practices and customer service orientation are one of the biggest advantages of customer feedback surveys.

*      Disadvantages
-The chances are people will 90% ignore us and just walk away.
-Time consuming: we may waste time chasing people for an interview in the street.
-People may not tell us the truth or not even bother to answer our questions.

-Observation: This source of information will help us to identify who are our competitors and we can use this to observe people’s behaviour and the way they interact with others such as employees/managers between customers. One of the advantages of this is that we can able to distinguish people’s nature attitude/behaviour. One of the disadvantages is that we easily judge a person by the way they act/talk but sometimes what we can see is not the whole picture of the person.                                                                                                                                                                                                                                                                       
Task 3: AC3

There are 5 marketing research processes to follow. These are:

1.    Identification of the research problem: Defining the problem could be an opportunity or a threat of our restaurant which is the hardest part of research process. It requires a clear thinking about what information is necessary to apply to our restaurant and this could be our advantages. To make it happen we should consider some points to avoid failure. These are:

*      We should be determined of what information will be made with the research.
*      We should decide what concept will be needed to make it happen.
*      Conduct exploratory research to focus research.

This will help our restaurant to clarify the target market. However, if we fail to identify the problem our research will be useless.

2.    Develop research plan: In this process we consider two methods to use. These are: Quantitative search (focus on collecting numerical information) and Qualitative search (focus on collecting information by people’s opinions, suggestions, etc.). To apply this process we should review the types of information needed, identify primary and secondary sources and select sample (random, stratified, etc).

3.    Collect Data: To collect data we should spend quality time, effort and energy to aim our goal. It could be through:

·         Primary Data: This is the information data that collected by itself or by a research hired by our company.
·         Secondary Data: This the information data that we have been already collected; these data could be culled in libraries, databanks, etc
4.    Analyse Data: Once data are collected they are analysed and interpreted to identify trends. In the analysis stage data from one source often take on new meaning when compared with other data sources.

For example: comparing brand sales with another company to see if there is any correlation between changes in prices and changes in brand sales.

This correlational data can indicates possible relationship especially if you compare these results with comments gleaned from customer’s interview.

5.    Present Findings: There are many ways to present the findings. This could be through written or oral reports. The purpose of research is to answer the set of questions indentified during the first step of the market research. The answers will become the foundation of the strategic decision making research that will guide the marketing plan.