Business relation
Download as PPTX, PDF0 likes7 views
This document discusses business relationships and their importance. It describes characteristics of effective business relationships like trust, communication, and willingness to understand other perspectives. Maintaining good business relationships is important as it can lead to better performance, information sharing between organizations, and help businesses achieve their goals. The purpose of business relationships includes problem solving, decision making, and providing feedback.
Related topics:1 of 8
Download to read offline
More Related Content
What's hot (14)
Ad
Similar to Business relation (20)
Ad
More from rishi ram khanal (20)
Recently uploaded (20)
Business relation
- 2. CONTENTS • INTRODUCTION • CHARACTERISTICS • IMPORTANCE • PURPOSE • CONCLUSION
- 3. INTRODUCTION • An association between individuals or companies entered into for commercial purposes. • Relationship among employer-employee, managers as well as outsourced business partners. • Sometimes formalized with legal contracts or agreements.
- 4. CHARACTERISTICS • Trust worthy • Effective and open communication. • Development and maintenance • Opportunity to give and take • Supportive • Willing to understandand change
- 5. IMPORTANCE Develop and enhance effective long- term relations Lead towards better performance level. Enforce information and communication systems. Allow external networks to trust the business. Supporting inter-business activities related to business networking.
- 6. PURPOSES 1. Information sharing 2. Business problem solving 3. Decision making 4. Organization change and development 5. Evaluation and control 6. Feedback
- 7. CONCLUSION • Business relation is needed if u want to be in successful in business. • Adaptable in changeable environment. • Essential for improving business productivity and performance. • Help to achieve organizational goals.