4. INTRODUCTION :
BUSINESS NEEDS VARIETY OF REPORTS FOR VARIOUS
PURPOSES. TOP LEVEL ORGANISATION NEED
“FEASIBILITY REPORTS” FOR EXPANSION OR
EXPLORATION OF NEW MARKET AREAS OR PRODUCTS.
MIDDLE LEVEL ORGANISATION AS WELL AS OPERATIONAL
LEVEL MANAGEMENT REQUIRE MONTHLY OR QUARTERLY
SALES REPORTS OR PRODUCTION REPORTS TO JUDGE
THE EFFICIENCY & EFFECTIVENESS OF THE OPERATIONS
OF THE COMPANY…..
5. MEANING :
A Report means an a/c given or opinion
formally expressed for specific purpose
after proper inquiry, investigation &
consideration of facts to one or more
persons for specific business purpose.
Acc. To RAYMOND V. LESILAR & JOHN D.
PETTIT,”A business report is an
orderly, objective communication of
factual information that serves some
business purpose.”
6. TYPES OF REPORT :
1. On the basis of legal requirement.
2. On the basis of formality.
3. On the basis of frequency.
4. On the basis of functions.
5. On the basis of subject matter.
6. On the basis of length.
7. On the basis of writers.
7. IMPORTANCE OF REPORT :
Reports provide findings & offer recommendations
based on systematic & scientific analysis of
collected data.
Investigational reports provide detailed analysis &
highlight the factual & real
information, which can act as basis for planning
& controlling.
Progress reports act as control devices for taking
corrective actions to ensure successful
implementation of plans & policies.
8. ESSENTAILS OF GOOD
BUSINESS REPORT :
1. clarity. 6. brevity.
2. consistency. 7. interesting.
3. user oriented. 8. relevant.
4. objectivity. 9. tone.
5. accurancy.
