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What is a business report and who is it for?



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1C Report Writing & Presentation Skills 22-23 Week 1 Class 1

What is a business report and who is it for?


https://www.youtube.com/watch?v=V8uF1EoIneE

Three types of business reports

  • Informational report
  • Analytical report
  • Research report

Informational Reports

  • Informational reports present objective facts without explaining them.
  • If you would like to know about the structure of a company, such as the number of employees, the departments they work in and what role each employee plays in the organization, then an informational report is required.
  • The information can be presented in different kinds of ways, such as a table showing employee names, salaries and so on, a graph or a pie-chart.
  • The information report typically represents a building block that goes into creating the other, more complex types of reports such as analytical and research reports.

Analytical Reports

  • Analytical reports are essential when a company needs to make crucial decisions.
  • In such cases, management needs an analysis of the company's situation.
  • An analytical report will present relevant data with explanations.

Research Reports

  • Research reports are the most in-depth types of reports.
  • They are required when a company for instance wants to start offering a new product or expand into a new geographical area.
  • A research report involves giving a topic to a team of researchers or specialists and asking them for all the relevant details and statistics from an informational report, followed by a detailed analysis of the situation found in an analytical report.

Research Reports

  • The research report will include conclusions based on the available data.
  • Typically, a research report contains recommendations which the managers need in order to make their decisions.

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