Business Communication is the sharing of information between people within an enterprise that is performed for the commercial benefits of the Organization. The rules, regulations and policies of a company have to be communicated to people within and outside the organization which is regulated by certain rules and norm which determines a large part of outcome and success.
Managerial Communication is a function which helps managers communicate with each other as well as with employees within the organization. Managerial Communication helps in the smooth flow of information among managers working towards a common goal. Effective Managerial Communication enables the information to flow in its desired form among managers, team leaders, and their respective teams.