This document discusses business communication. It defines communication as a two-way process of mutual understanding where information, ideas, and feelings are exchanged and shared meaning is created. The key elements of business communication are the communicator, message, transmission, channel, receiver, and feedback. The communication process involves a source encoding a message, sending it through a channel, the receiver decoding the message. Characteristics of communication include the interchange of information, mutual understanding, and helping achieve coordination, decision making, and maintaining industrial peace. Forms of communication can be verbal like oral and written communication, or nonverbal like gestures and expressions.