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 * include component="comments" page="Current events" limit="60" Week 1 current business events blog**

Communication is the act of exchanging information. There are several mediums for written communication. Communication sent from a business to another business or individual is generally known as a letter. Communication sent to people within an organization is generally known as a memo or email Reports are communication sent to people internally and externally.

Week 2 blog

__**International Trade Standard**__

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‍ Absolute Advantage- the ability to produce more of a good than another producerwith the same quality of inputs. ======

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‍ Importing and Exporting-Goods and services that are purchased abroad are called Imports.Goods and services that are sold abroad are calles Exports. ======

‍ __//**Autocratic leadership**//__

 * ======‍ A leadership style where the leader makes all decisions independently. ======
 * ======‍ Leadership style that involves making decisions without consulting others. ======

‍ __//**Laissea Faire Leadership**//__

 * ======‍ A leader who exercises minimal control. ======
 * ======‍ A leadership style where employees are encouraged to make their own decisions, within limits. ======
 * ======‍ Leadership style that involves managers setting objectives and employees being relatively free to ======

‍ __//**Democratic leadership**//__

 * ======‍ A leader that seeks the advice and input from members of the group. ======
 * ======‍ A leadership style where the leader encourages others to participate in decision making. ======

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‍ The parts of a letter are: date, inside address, salutation, body, complementary closing, writers identification ======

Communicaions sent to people within and organization are generally know as memos. The guide words are:

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‍ to, cc, from, date, and re. Then you type the body of the memo and at the end you put your inetials. ======

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‍ Reports are communication sent to people. Reports are normally doubled spaced. The title of a report is centered, bold, ======

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‍ it is in all caps, and two inches from the top of the page. Side heading are typed at the left margin in all caps and in bold. ======