To make a good decision experience, good information and interpreting the information correctly is quite vital. Information and knowledge plays an important role in modern organisations. Due to the complexity of business processes people need high level of knowledge, skills and expertise. The internal sources of information are mainly collected from the inside of the organization. Stakeholders of the company are the individual or group which are interested and can influence the organization. To maintain a good relationship with the stakeholders and to get the desired outputs following are important. Message transmission from sender to a receiver can be described as communication and Effective communication quite important to any organization. Communication can occur due to inform or persuade a person. Prior to the communication a person should understand what information they need to communicate. To improve the collection, formatting, storage and dissemination of information and knowledge all the process should be very systematic.