Answer to Question #120394 in Economics for Nimra

Question

What is a business later? Enlist at least 3 types of business letter. and write down five advantages of using written medium in business communication

Answer 1

A business letter is a letter from one company to another, or between such organizations and their customers, clients, or other external parties.

The main types of business letter are: sales, order, complaint, inquiry letters.

The advantages of written business communication are stated below:

1. It is suitable for long distance communication and repetitive standing orders.
2. It creates permanent record of evidence.
3. It gives the receiver sufficient time to think, act and react.
4. It can be used as legal document.
5. It can be sent to many persons at a time.