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4349 The World without Bankruptcy Laws

Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]

4348 The Wirecard and Infosys Scandals are a Lesson on How NOT to Treat Whistleblowers

What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]

4347 Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks

How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]

4346 Why Indian Firms Must Strive for Strategic Autonomy in Their Geoeconomic Strategies

Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]

4345 Why Government Should Not Invest Public Money in Sports Stadiums Used by Professional Franchises

In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]

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Oral communication implies communication through mouth. It includes individuals conversing with each other, be it direct conversation or telephonic conversation. Speeches, presentations, discussions are all forms of oral communication.

Oral communication is generally recommended when the communication matter is of temporary kind or where a direct interaction is required. Face to face communication (meetings, lectures, conferences, interviews, etc.) is significant so as to build a rapport and trust.

Advantages of Oral Communication

  • There is high level of understanding and transparency in oral communication as it is interpersonal.

  • There is no element of rigidity in oral communication. There is flexibility for allowing changes in the decisions previously taken.

  • The feedback is spontaneous in case of oral communication. Thus, decisions can be made quickly without any delay.

  • Oral communication is not only time saving, but it also saves upon money and efforts.

  • Oral communication is best in case of problem resolution. The conflicts, disputes and many issues/differences can be put to an end by talking them over.

  • Oral communication is an essential for teamwork and group energy.

  • Oral communication promotes a receptive and encouraging morale among organizational employees.

  • Oral communication can be best used to transfer private and confidential information/matter.

Oral Communication

Disadvantages/Limitations of Oral Communication

  • Relying only on oral communication may not be sufficient as business communication is formal and very organized.

  • Oral communication is less authentic than written communication as they are informal and not as organized as written communication.

  • Oral communication is time-saving as far as daily interactions are concerned, but in case of meetings, long speeches consume lot of time and are unproductive at times.

  • Oral communications are not easy to maintain and thus they are unsteady.

  • There may be misunderstandings as the information is not complete and may lack essentials.

  • It requires attentiveness and great receptivity on part of the receivers/audience.

  • Oral communication (such as speeches) is not frequently used as legal records except in investigation work.

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