Discuss the time required for feedback in a communication channel. Also, describe the costs of various communication channels

Answer 1

Just as we may need to contact someone immediately, we may also need a response from that person just as rapidly. The most rapid forms of communication are generally electronic. However, depending on the person with whom you are communicating, his or her personality, and your relationship, communicating with a person via an electronic channel does not guarantee prompt feedback. In other words, corporate cultures and individual people may have preferences for specific communication channels or mediums and differing communication practices.
Many channels of communication are relatively inexpensive for business users. Mail, email, text messages, telephones, faxes, wikis, blogs and blog applications, social media, videoconferencing and teleconferencing tools, and Skype are generally considered inexpensive forms of communication. These tools have made it much less expensive for stakeholders both inside and outside organizations to communicate with each other, regardless of their location. Still, there are times when it may be appropriate to choose the greater expense of arranging a face-to-face meeting, such as when introducing members of a virtual team who will be working on an important project for some time or interviewing job applicants for key positions.