The document discusses effective communication in business. It emphasizes that excellent interpersonal skills are important for managers to communicate with employees. Both formal and informal communication are used, but informal communication is most significant. Formal communication typically addresses tasks while informal communication satisfies social needs and facilitates business functions. There are various types of communication, including verbal, written, and electronic. Barriers to effective communication include cultural differences, assumptions, and emotions. Managers can provide feedback and actively listen to overcome these barriers and improve communication.