Positive And Negative Aspects Of Business Communication

The fact that the insider trading charges were thrown out, but the conspiracy charges stuck is curious. It appears, yet again, the judicial process and mainstream social construct of acceptable behavior collided with what Martha, her broker, and fellow investor touted as ‘nothing wrong’. Knowing more of John Savarrese’s role as Martha’s pretrial counsel, gives two more important points about Martha’s case of white collar crime. The first is questionable ethics and the other is arrogance. Mr. Savarrese has been criticized by legal analysts for not providing ethical legal advice to Martha or making the right professional choices himself. The belief is that Savarrese knew or at least suspected, Martha and Bacanovic planned to perjure themselves. As Martha’s legal counselor it was ethically negligent of Savarrese not to advise Martha of the legal repercussions of lying to the SEC. If Martha insisted on presenting her fraudulent story, Savarrese should have immediately withdrawn as her counsel (Hoffman, 2007). More importantly than if Savarrese knew or not, in her arrogance, Martha never thought this issue of a mere $45, 637 would develop into charges nor a prison sentence! She was simply above the laws and saw no reason to tell the

One of Jordan Belfort’s best qualities was being able to motivate his brokers into being the best that they could be. In a series of powerful and rambunctious presentations, he would rile up his young brokers through words of confidence and body language that had everyone enamored. His body language was performed through a series of ridiculous actions such as banging a microphone against his head, dancing with fellow coworkers, and jumping up and down with joy. In the interaction of face to face communication he stressed the four key elements of speech which are voice quality, style, word choice, and adaptation (Flately, Rentz and Lentz 272). With a fierce and empathetic voice quality, Jordan Belfort was able to connect with his employees effectively and echo a sound that affected the listener’s experience in a positive way. The style in which he conveyed confidence captured the minds of his tenacious brokers. He preached words of wisdom like “Are you behind on your credit card bills? Good, pick up the phone and start dialing,” or “There’s no nobility in poverty. I’ve been a poor man, and I’ve been a rich man. And I choose rich every time” (Scorsese, Wolf of Wall Street). The appropriate word choice was used in order to convey a particular message and to

Similarly, Jordan Belfort committed illegal acts within his business, including selling penny stocks disguised as blue chip stocks to wealthy individuals and generating

His new firm targeted lower class people who were desperate to make money. In truth, Jordan knew that the buyers weren’t actually making money. He knew that the more penny stocks he sold, meant the more commission he would receive. It wasn’t until his wife questioned Belfort’s morals of taking money from the poor, that he started selling stocks and ripping off the upper-class wealth. As the money started pouring into the household, Jordan used that money to expand his firm making it official incorporation naming it Stratton Oakmont, Inc. Jordan spent millions and millions of dollars on cocaine, hookers, or designer clothing either for himself or for his employees. He always left an impression everywhere he went. Belfort had so much money that he had everything he wanted. After officially opening his firm back on Wall Street, his firm participated in a pump and dump scheme meaning that they artificially inflated the price of an owned stock through false and misleading, positive statements, just to sell the cheaply purchased stock at a higher price. Jordan Belford was so greedy that he only wanted more. His employees were his pack that was going to help him get what he wanted.

This paper examines a well-known business women Martha Stewart who started her business Martha Stewart Living Inc. in 1997 and since then had been well known business women and the face of her company she would do anything to keep the perception of the perfect business women. In 2001 she made a decision that would change the perception of her and her company. Martha was involved in a scandal of inside trading with a company known as ImClone in the stock market. Inside trading is not only illegal but it is unethical within the business world. We will be researching examining and discussing Martha Stewarts scandal her actions leading up to the case, the case itself and charges brought against her leading up to Martha Stewarts conviction and

Jordan Belfort is a former stockbroker who scammed people as part of a penny stock scam. Jordan Belfort founded Stratton Oakmont with friend Danny Porush in 1989. He opened a franchise as a stockbroker but eventually he bought out the whole firm. Stratton Oakmont participated in pump and dump schemes “a form of micro stock fraud, that involves artificially inflating the price of an owned stock through false and misleading statements, in order to sell cheaply purchased stock at a higher price.” Once the operators of the scheme dump their overvalued shares the price falls and investors lose their money. They would also try to maintain the price of a stock by refusing to accept or process orders to sell the stock. The U.S.

Jordan Belfort’s The Wolf of Wall Street is a memoir that chronicles the author's rise and eventual fall in the early 1990s world of trading. Belfort includes details of his extravagant and at times vulgar lifestyle. In addition to this he includes information concerning the exact nature of his illegal stock brokerage firm. However, what literary value does this memoir by a misogynistic, drug addict, felon present?

This case is between Jordan Belfort, a founder or Stratton Oakmont, and the United States of America. Before the case can be examined, it’s important to understand Jordan Belfort’s background. He’s better known as the infamous “Wolf of Wall Street” for his successful earnings of $50 million a year, from having one of the most successful sales organizations in “Wall Street History.”(Belfort, 2010)

In today’s society crime occurs everyday across all aspects of life. One particular crime is that of white collar and corporate level crime. It is important that we as a society study this type of crime in depth because many individuals believe that white collar and corporate level crimes are victimless crimes when in reality they have the potential to destroy major corporations and economies all with one single case. The news or media rarely talk about this type of crime because it is often difficult to understand and individuals typically lack interest in these types of cases. One particular case is that of Jordan Belfort. Dubbed the infamous “Wolf of Wall Street” Jordan Belfort is a former stockbroker who robbed investors of over $200 million dollars to create his wealth through “pump and dump” schemes, insider trading, money laundering securities fraud, and stock-market manipulation. As an attempt to further understand these complex cases I will break down Belfort’s case as far as the methods and means as to how he got started, his use of “pump and dump” schemes and other means as to how he acquired his wealth. In addition to this I will discuss the sanctions and disciplinary action that Jordan Belfort was given, how the case affected society and what new regulations were

Communication is one of the most important and valuable skills we have developed as human beings. It is the basis for how we connect with each other globally and shape the people we are today. Without effective communication, we would not be able to build productive relationships, express our cultural values, or most importantly, voice our thoughts. As we grow, we learn and develop our unique form of communication. Whether we are strong public speakers or prefer an interpersonal approach, it is important to find what type of communication is best suited for us, so we can appropriately and effectively use communication to our advantage. There are several different aspects that make us effective communicators, and knowing our strengths and weaknesses in theses categories will give us a comparative advantage on how to properly communicate on an interpersonal level. In this paper, I will discover the type of communicator I am, what I am good at, and what I can work on, to become an excellent interpersonal communicator.

Jordan Belfort was supremely effective in business communications merely because he was able to incorporate the three most basic methods. Each method had a direct effect on the corporation and made even the most numskull employees seem brilliant. However, not to say Jordan Belfort was a mastermind, but he and his employees represented the epitome of negative business communications as well. With a formula that included drugs, partying, and sex he was setting himself up for disaster.

Business communication can be defined as the process of sharing information among business professionals, prospective customers, and affiliates who are associated with an organization. The essential skills of business communications are currently in demand and highly required for the workforce for the modern workforce. To be an effective communicator is to have the ability to respond with skill, confidence, and assertiveness and is pertinent to the quality and expertise business professionals considered for employment. Hence, knowing how to communicate properly in an organizational structure requires the skill of communication necessary to interact with different levels of management. In a world

Business communication requires avenues through which leaders, management, and workers communicate. It also requires the communication process between an organization and its partners, as well as the customers. In business communication, it is vital for an organization to develop a communication channel that is not only efficient and effective, but one that relays positive messages. Positive messages are crucial in developing good relationships with the employees, business partners, and customers. Research shows that we actually comprehend a positive statement 30 to 40 percent faster than we do a negative statement, our mind literally has to unscramble negative messages to determine the meaning (Simoneaux &Stroud, 2014). There is a power in using positive messages, a strategy in building relationships and producing positive results. When using positive messaging it is beneficial to use the 5 S’s, and goodwill messaging. The 5 S’s are; selfless, specific, sincere, spontaneous, and short. This paper looks into the effects of positive messaging, with an emphasis on goodwill messages, and the 5 S’s.

He repeatably argues that both values can assure maximum protection to both his legal and economic status. In a sense of humanity, Belfort's statement is partially acknowledgeable, however some will controvert that this misleading statement was noted to circumvent his own deceiving personal qualities of amorality. Furthermore, Belfort manipulative literacy techniques evidently reveals his true amorality; insofar, through a dozen or few pages in, Jordan Belfort mentions a language technique named 'straight line persuasion' which is a term for manipulating a buyer's decision on concluding an illegal, non-profitable stock purchase via strong use of his trust and loyalty. Through just one technique he apply's whilst pitching a stock, Belfort gains full control of the vessel and gains full misleading loyalty and trust from his own stock buyers. Expressing Belfort's misleading marketing technique, this upcoming quote will further exemplify his act of perdition, "a highly trained Strattonite, a highly trained killer who won’t take no for an answer, who won’t hang up the phone until his client either buys or dies”. As evidently noted through one prime quote, Belfort arguably gains his trust and loyalty through countless unconscionable acts offending the SEC, FBI, the stock market as well as his unknown stock buyers who all initially earned his trust and loyalty. In addition to the quote, Belfort expresses core values through ambitious language and determination to his so called 'strattonites', training next generation America to be complete fraudsters. Driving my point home, Jordan Belfort is considered by a widespread of citizens as self-beneficial failure corresponding to his moral. Seen through literacy techniques, quotes and

Business communication is abound in today's society. The ability to communicate has always had its advantages, with its rich history, and traditions, modern business communication is valued as a modern day concept. Business executives rate the ability of business communication skills as among the personal factors necessary in gaining a job. As stated by Hynes (2005)” effective business communication is the key to planning, leading, organizing, and controlling the resources of the organizations to achieve objectives” (Conrad & Newberry, 2011, p112). This essay will examine what business communication skills is needed for the process of graduating in Westminster Business School, while giving recommendations in studying