The document discusses the role and importance of communication. It defines communication as the transfer of information from a sender to a receiver, with the information being understood by the receiver. Effective communication is important for organizations as it allows for the smooth running of the enterprise, maximum productivity, job satisfaction, and establishment of human relations. The communication process involves encoding and decoding messages, using appropriate mediums, ensuring feedback, and providing accurate information. Both communication skills for managers as senders and receivers are important.