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How can businesses strike a balance between transparency and confidentiality in their communication, particularly in sensitive situations like layoffs or mergers?

How can businesses strike a balance between transparency and confidentiality in their communication, particularly in sensitive situations like layoffs or mergers?

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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How can businesses strike a balance between transparency and confidentiality in their communication, particularly in sensitive situations like layoffs or mergers?

 

Expert Solution
Step 1: Define what is communication

The process of transferring information,  studies,  passions, or messages between  individualities or groups via a variety of  ways and media is known as communication. It's a  crucial  element of  mortal connection and can be expressed through verbal or verbal cues including gestures, body language, facial expressions, written or spoken language, visual aids, or technology technologies. 

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