Consider various methods of communication

Assignment Help Corporate Finance
Reference no: EM133492102

Case Study: You have recently started working for a local department store in the Operations Department. You have always had a passion for communication and technology, and at your new store, you quickly realize that their methods of communication and their technological resources are outdated. You have worked retail for many years and over time have realized that there are many gaps and differences in the way that people communicate and the forms of technology that they are comfortable with. This applies to both your customers and your colleagues.

BECAUSE YOU FEEL THAT THIS IS AN AREA OF EXPERTISE FOR YOU, YOU APPROACH YOUR SUPERVISOR AND BEGIN A DISCUSSION ABOUT COMMUNICATION CHANGES AND GAPS IN COMMUNICATION IN CONJUNCTION WITH THE TECHNOLOGICAL CHANGES THAT HAVE HAPPENED OVER THE LAST SEVERAL DECADES. YOU AND YOUR SUPERVISOR DISCUSS THE BEST WAYS FOR YOUR STORE TO UNDERSTAND VARIOUS COMMUNICATION METHODS AND THE GAPS THAT EXIST IN COMMUNICATION AMONG YOUR CONSUMERS AND COLLEAGUES.
You volunteer to put together a written summary of broad spectrum changes in technology and the resulting changes in communication methods and gaps in communication. Your supervisor loves this idea. He does ask, however, that the information be presented in the form of a pamphlet or written statement that can be both presented to staff and handed out by Human Resources as a training tool for employee relations.

You are encouraged to provide as many examples of changes to communication methods that you can come up with. Also consider many different gaps in communication such as generational differences, differences in socioeconomic status, the region the people live in, interest in technology, setting in which you are communicating in (personal versus professional), etc. After considering these issues, your supervisor would like you to present some ideas as to how your store can bridge communication gaps between colleagues and with your customers.

For this written summary, you are to reflect upon and address the following information:

Question 1: Consider various methods of communication, types of technology that can assist in communication, and other factors involving technology that may impact or change communication.

Question 2: Consider several factors that impact access to communication in society. Some possible are socioeconomic status, access to technological resources, generational differences, differences in intellect, etc.

Question 3: How have online environments and technological growth impacted how society communicates on both personal and professional levels? Be sure to provide specific examples of both.

  • How do changes in methods of communication create communication gaps in our society?
  • What are some ways that society can bridge communication gaps that happen as a result of technological growth?

Reference no: EM133492102

Questions Cloud

How the question of archives and issues of documentation : Write an essay critically examine through close reading how the question of archives and issues of documentation impact the life stories of Indigenous peoples
How does culture impact this president decision-making : Defines the motivation theories. Explain how the motivation theories are relevant in this scenario. How does culture impact this president's decision-making?
How would conflict theory define deviance : Consider various forms of deviance in both the physical and virtual worlds, and explain how they impact society. What is defined as deviant in the physical
What are the current prices of the two bond portfolios : The term structure of interest rates is currently flat at 4% per semi-annual (6 month) period (i.e., r1=4%, r2=4%, r3=4%, r4=4% ......). What are the current
Consider various methods of communication : Consider various methods of communication, types of technology that can assist in communication, and other factors involving technology that may impact
Determine the npv and irr of the project : Determine the NPV and IRR of the project and discuss the acceptability thereof - The project is considered in line with the normal risk profile of the company
Describe how the data was gathered and analyzed : Describe how the data was gathered and analyzed. What research questions or hypotheses were the researcher trying to explore? What statistical analysis was used
What is the free cash flow or year 2 of this replacement : What is the initial outlay (I0) for this project - the project cash flows at time and What is the free cash flow (FCF) for year 1 of this replacement project
Define complementary and alternative medicine : Define complementary and alternative medicine. Choose one example of complementary and alternative medicine. Describe the nurse practioner's role in utilizing

Reviews

Write a Review

Corporate Finance Questions & Answers

  Impact of the global economic crisis on business environment

This paper reviews the article of ‘the impact of the global economic crisis on the business environment' that is written by Roman & Sargu (2011).

  Explain the short and the long-run effects on real output

Explain the short and the long-run effects on real output, price, and unemployment

  Examine the requirements for measuring assets

Examine the needs for measuring assets at fair value in accounting standards

  Financial analysis report driven by rigorous ratio analysis

Financial analysis report driven by rigorous ratio analysis

  Calculate the value of the merged company

Calculate the value of the merged company, the gains (losses) to each group of shareholders, NPV of the deal under different payment methods. Synergy remains the same regardless of payment method.

  Stock market project

Select five companies for the purpose of tracking the stock market, preparing research on the companies, and preparing company reports.

  Write paper on financial analysis and business analysis

Write paper on financial analysis and business analysis

  Intermediate finance

Presence of the taxes increase or decrease the value of the firm

  Average price-earnings ratio

What is the value per share of the company's stock

  Determine the financial consequences

Show by calculation the net present value for the three alternatives (no education, network design certification, mba). Also, according to NPV suggest which alternative you advise your friend to choose

  Prepare a spread sheet model

Prepare a spread sheet model for the client that determines NPV/IRR with and without tax.

  Principles and tools for financial decision-making

Principles and tools for financial decision-making. Analyse the concept of corporate capital structure and compute cost of capital.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd