Business Report
Business Report
Report
❑ A report is written for a clear purpose and to a
particular audience. Specific information and
evidence are presented, analyzed and applied
to a particular problem or issue.
❑ Office reports can include data, findings,
analysis, recommendations, conclusions or
any combination thereof, depending on their
purpose.
❑ Office reports are written to a defined
audience and may be required on a regular
basis or by special assignment.
Definition of Business Report
1. Mode Of Communication
2. Decision making
• From deciding the target audience to all employees, every
decision is taken based on detailed reports prepared with facts and
stats.
• Reports are transferred two-way in an organization. Employees
create business reports and send them to higher management for
decision making. Upper management creates reports to circulate
information, tasks, etc. among the workforce.
Purpose/Importance of Business
Reports
3. Crisis management
• In case of a crisis, chaos, and panic outbreaks, everyone has an
opinion on the matter, and the transfer of thoughts verbally gives
rise to workplace gossip.
• In such a situation, business reports are created to get everyone
on the same page and then factually analyze the problem.
• Crisis management reports comprise of the cause of the issue,
steps to take for damage control, and policies suggesting future
protection from such crisis.
Purpose/Importance of Business
Reports
4. Effective management
• The delegation of duties is done via reports. Every employee has
their own to-do tasks with an assigned deadline. This helps in more
sound and effective management of the company.
• All the information is in viable written documents, decisions are
taken upon careful analysis, and the overall functioning of the
company is better using business reports.
Types of Business Reports
1. Informational Reports
You ask for this report when you want objective information on
something. It presents non-biased facts without explaining the
reasons and the possible outcomes of a situation. It is the ideal
business report for learning things such as the number of
employees, the role each of them plays in the company, or the
departments the employees work in.
2. Analytical Report
This type of business report is usually required when a company is
trying to make an important decision. An analytical report analyzes
the company’s situation, presenting relevant information,
explanations, and conclusions. It helps the company to make good
decisions going forward.
Types of Business Reports
3. Research Report
This is the most comprehensive type of business reports required
when a company considers trying something new, such as going into
a new geographical area or offering a new product. A team of
specialists or researchers are given a topic and asked to find all the
relevant statistics and details obtained from an informational
report, followed by a detailed analysis of the data found in the
analytical report. The conclusion of the research report will be
based on the available data obtained from the analytical and
informational reports.
Types of Business Reports
4. Explanatory Report
This report is required when you want to explain a topic or situation
so that everyone can understand it. For example, you can write it to
explain the research you’ve conducted. Along with the table showing
the results, you should include the reason for the research, sample
sizes, methodology, etc. After explaining the results, you should
briefly summarize the findings.
5. Progress Report
You want this report to show how things are going at the moment. A
progress report isn’t based on analysis or tons of research. Instead,
they are an update for the person who needs it. One example of this
could be a weekly report disclosing the progress made throughout
the week and what tasks you're looking to work on in the upcoming
week.
Elements of Business Report
Supporting Information
❑ Copyright notice:
Copyright notice is a notice of statutorily prescribed form
that informs users of the underlying claim
to copyright ownership in a published work.
❑ Letter of transmittal:
This letter is usually in memo format and contains a list of
everyone who should receive a copy of the report. This can
be used as a check list for distribution.
❑ Acknowledgement
Acknowledgement stands for formal statement recognizing individuals and
institutions that made certain contribution to you work; Individuals or institutions
for guidance, expertise, support or facilities
❑ Table of Contents
List the contents of a business report on a separate "Table of Contents" page. The
table of contents page may precede or follow the abstract and should identify each
primary section of the report by page number and in order of appearance.
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Summary & Open
Forum
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