
NSOU
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PGJM - 3A & B 223
to which candidate to vote into office. Modern life would be inconceivable without
them. It is against this background that media relations has become an important aspect
of public relations in business and industry.
Business and industry have emerged as a major force in society in the post liberalization
era. Functioning of corporate bodies, major educational institutions and even voluntary
organizations has a significant impact on millions of people in modern society. It may
involve anything from supply of essential commodities to environmental problems. Besides,
the bulk of the fund to set up and run these industries has also come from the people.
Naturally, people have the desire to know about the performance, prospects and problems
of these organizations.
To satisfy the information needs of the people, news on business and industry, therefore,
get high priority nowadays even in the general-interest newspapers and television channels.
Most newspapers allot at least four pages for the business coverage. Product quality,
export performance, takeover bid, financial results, distribution policy and employee
relations, in fact, anything related to trade and industry which is of interest to the people,
is also important to the media. There are in India as many as five daily business newspapers
(The Economic Times, The Financial Express, Business Standard, The Hindu-Businessline
and the Mint) and numerous business magazines devoted exclusively to the coverage of
news about the business, commerce, trade and financial matters. Quite often, the only
source of information for them is the public relations departments of the industrial and
commercial organizations operating in these fields.
For the corporate sector, communication with the media is one of the most effective
ways of getting its message across. There is, of course, no automatic choice to news
coverage. But the media need, and indeed, welcome editorial inputs from the business
and industry. In return, they provide an avenue through which the company can reach
society at large. In general, an editor will print or news release at no charge provided it
is of interest to the readers. Cooperation with the media, therefore, is a very important
aspect of public relations.
The corporate sector, as we have seen, cannot live in isolation in an age of information
and communication revolution. To ensure its long-term survival it must connect with
the world outside. As it is not possible to fully communicate with each target group, not
to speak of each individual, through its own channels, corporate houses must make use
of the media (Press, Television, Radio, Internet, and so on) for getting their messages
across to a wider public. It is through the various kinds of media that a company can