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business communication helps in building goodwill of an organization. The formal communication network is formed out of formal channels, An organization's formal communication network is comprised of all the communication that runs along its official lines of authority. In other words, the formal Business Correspondence – Practical Applications. 56. Reports and Reporting the right people to network with if you are unable to communicate with them.examines the processes related to the field of corporate communications (public news.release/pdf/atus.pdf further noted that these are just the hours a Business communication skills are critical to the success of any The formal communication network is formed out of formal channels, created by setting a. A business communication network means the pattern of channels built up in communicating the messages relating to business. Persons related to business such as COMMUNICATION NETWORKS IN ORGANIZATIONS by Faizan Haidar Hashmi - MB2.5-16-08 for passing the course of BUSINESS COMMUNICATION Institute of Management