This document discusses the concept and nature of communication, including definitions, meaning, objectives, principles, process and channels of communication. Communication is defined as the flow of information between parties and involves a sender, message, encoding, channel, decoding, receiver and feedback. Business communication refers specifically to communication within or outside an organization for business purposes such as earning a profit. The key principles of communication are that it involves multiple people, requires a message, is a two-way process aimed at motivating a response, and can be formal or informal.