Which of the following defines communication in commerce?
Answer Details
Communication in commerce refers to the exchange of information and ideas between different individuals or organizations involved in business activities. Effective communication is essential in commerce to ensure that all parties are aware of their roles, responsibilities, and expectations.
Out of the options given, "Transmission of information" best defines communication in commerce. This involves the sending and receiving of messages, data, and other relevant information through various means of communication, such as phone calls, emails, letters, video conferencing, and social media.
In commerce, communication serves several purposes, including negotiating deals, building relationships with customers and suppliers, managing employees, and resolving conflicts. Good communication skills are essential for businesses to succeed in today's competitive market.
Therefore, "Transmission of information" is the most accurate definition of communication in commerce.