Business report

Business report

1. MS. PREETI BHASKAR ASSISTANT PROFESSOR ICFAI BUSINESS SCHOOL , DEHRADUN Business Report

2. Business Report A business report is an evaluation or assessment of a particular issue or set of circumstances or financial operations that relate to the performance of a business. “ A business report conveys information to assist in business decision-making. The business report is the medium in which to present this information . Some reports might present the actual solution to solve a business problem; other reports might record past information that is used toward future business  planning

3. E xample A company manager who is concerned about undue wastage in the packaging department might request the Manager of the Packaging Department to look into the issue and to submit a report that highlights the problems and recommends solutions. While most business reports focus on existing issues, they can also be predictive in nature. A manager might commission a report that evaluates the current use of computer technology in a company, and which recommends how the company might best position itself so that it can benefit from any future developments in computer technology.

4. Form of a Business Report A business report is NOT written in essay format, but in an abbreviated style that allows the reader to navigate the report quickly and to identify key elements. It uses appropriate headings and subheadings and, if necessary, bullet points, diagrams and tables. Remember that the main function of a business report is to communicate relevant information quickly, clearly, and efficiently. In essence it does three things: Identifies the Issue Explores the Issue Lists key Findings and makes Recommendations

5. Types of Business Reports 01 02 03 04 Informative Business Report https://www.marketing91.com/types-of-business-reports/ Problem Solving Business Report 05 06 Performance report (Departments) Interpretative Business Report Fact Finding Business Report Standing Committee Report

6. A covering letter/ memorandum A title page An executive summary A table of contents An introduction Conclusions Recommendations Findings and discussion A list of references Appendices. Business Report Structure https://www.victoria.ac.nz/vbs/teaching/resources/VBS-Report-Writing-Guide-2017.pdf

7. Writing your business report Use effective headings and subheadings Structure your paragraphs well Write clear sentences with plain language Keep your writing professional Use white space and well-chosen fonts Number your pages Use footnotes, tables, figures, and appendices appropriately. https://www.victoria.ac.nz/vbs/teaching/resources/VBS-Report-Writing-Guide-2017.pdf

8. Sample Reports https :// assets.kpmg/content/dam/kpmg/in/pdf/2017/07/Business-Responsibility-Reporting.pdf https:// www.infosys.com/investors/reports-filings/annual-report/annual/Documents/AR-2018/boards-report.html https:// www.itcportal.com/about-itc/shareholder-value/pdf/ITC-Report-and-Accounts-2018.pdf https://www.tcs.com/content/dam/tcs/investor-relations/financial-statements/2018-19/ar/annual-report-2018-2019.pdf