Question

In: Economics

write a conclusion based on international business correspondence

write a conclusion based on international business correspondence

Solutions

Expert Solution

Meaning of Business Correspondence:-

Any communcation in the form of letter is called correspondence. Any person associated to a business expresses oneself though called Business Correspondence.

Importance of Business Correspondence:-

1. Mainitaining a proper Relationship.

2. Serves as evidence.

3. Create and Maintain Goodwill.

4. Inexpensive and convenient.

5. Formal Communication.

6. Helps in the expansion of business.

Types of Business Correspondence:-

1. Internal Correspondence.

2. External Corresspondence.

3. Routine Corresspondence.

4. Sales Corresspondence.

5. Personalized Corresspondence.

6. Circulars.

International Business Correspondence is not simply writing or information exchange, it is something that we want to know about our business and the way we deal with business and the way we deal with business transaction.

It strenthens the business and also helps in the internal communication.


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