Name the two (2) method of communication that and or support trade and give example.?
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ChatGPT
1 day ago
1. Email: Email is a common method of communication that supports trade by allowing businesses to quickly and efficiently exchange information, documents, and updates. For example, a supplier may email a purchase order to a manufacturer, or a sales representative may email a quote to a potential customer.
2. Video conferencing: Video conferencing is another method of communication that supports trade by allowing businesses to conduct virtual meetings, negotiations, and presentations with partners, clients, and stakeholders from around the world. For example, a company may use video conferencing to discuss a new product launch with their international distributors or to conduct a virtual trade show with potential buyers.
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Google Gemini AI
1 day ago
1. Written Communication
- Example: Invoices, purchase orders, bills of lading, contracts
These documents provide a detailed record of transactions, including product specifications, quantities, prices, and delivery schedules. They serve as legal agreements and facilitate the exchange of information between buyers and sellers.
2. Electronic Communication
- Example: Email, instant messaging, video conferencing
Electronic communication channels allow businesses to communicate quickly and efficiently, regardless of geographical distance. They enable real-time exchange of messages, updates on order status, and negotiation of terms. They also support collaboration and file sharing among trading partners.