wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Essay Type Questions:
What are essentials of business correspondence?

Open in App
Solution

Business correspondence refers to the exchange of important information, ideas and views in a written format between organisations, within organisations and between organisation and customers for the purpose of business.

The essentials of business correspondence are:

1. To keep records of the business transactions.

2. To settle business Transactions.

3. To expand market and create goodwill.

4. To make important inquiry for the purpose of business.

5. To establish business relationship with eminent business organisations.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
SEBI
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon