This document discusses business organization and communication. It explains that companies have tangible assets like buildings and equipment, but also intangible assets like customer goodwill that increase the value of the company. Companies organize into departments using different structures like functional, geographic, product, and customer-based. Well-designed organization charts show reporting relationships and job titles within a company. Effective communication involves sending a clear message through an appropriate channel to a receiver, who then provides feedback. The communication process can break down if noise disrupts the message.