What is Business Report & Characteristics of Business Report


Business Report

A report is written or oral message planned to convey information or to present a solution.  Under this broad and simple definition, many letters, memorandums, telephone calls and personal conversations are forms of reports. A report may also be a formal written one of hundreds of pages, one which many persons have worked for months or years.

Reports may consist of written or spoken words, columns of figures, charts, computer printouts, or a combination of all these and other forms. although any kind of report conveying business information’s a business report, the definition must be narrowed as it pertains to the study and discussion of reports prepared for business purposes.

Thus:

An effective business report is an orderly, objective presentation of factual information with or without analysis, interpretation, and recommendations, which is planned to serve some business purpose, usually that of making a decision.

Another definition of a report is that it is an orderly and objective message used to convey information from one organizational area to another to assist in decision making and problem solving.
In general, most business people think of reports as written factual accounts that objectively communicate information about some aspect of the business.
What is Business Report & Characteristics of Report


CHARACTERISTICS OF REPORTS

The contents and quality of your reports can have a distinct impact on your professional success because they show how you think, gather and analyze data, draw conclusions, and develop and support your recommendations; you will create more successful reports if your content is accurate, complete, and objective and clear with logical arguments.

A business report must have documented properly with concise data that show a complete picture of that project.

Here is detail of some characteristics reports especially in business report writing.

Accurate:

Information presented in a report must be factually correct and error free when writing reports, be sure to double check your facts and references. Remember that incorrect sentences make the meaning ambiguous. If an audience ever gets the inkling that your information is shaky, they will all start to view all your work with a skeptical eye. Since reports invariably lead to decision making, inaccurate facts lead to disastrous decisions.

Complete

The basic purpose of writing a report is usually to help colleagues or supervisors make a decision, so include all the information necessary for your readers to understand the situation, problem, or proposal. Support all key assertions using an appropriate combination of illustrations, explanations, and facts. But remember, time is precious, so tell your readers what they need to know- no more, no less and present the information in a way that is geared to their needs.

Objective

Reports stress objectivity. Because reports contribute to decision making and problem solving, they should be objective and unbiased. You should present in formation impartially. You should not let your personal feelings and prejudices affect facts. When nonobjective (subjective) material is to be included , you should make it known.

Clear and logical

Clear sentence structure and good transitions are essential. Save your readers time by making sure your sentences are uncluttered, contain well chosen world, and proceed logically. To help your reader move from one point to the next, make your transitions clear and logical. Use understandable sentences averaging 15 to 20 words in length, few adjectives, few adverbs, and paragraphs whose length is about seven lines.

Documented properly

If you use primary and secondary source for your report, be sure to properly document and give credit to your sources.

Concise

Business executives are very busy. They have not spare time to read detailed reports. Therefore, a report should be brief. Sometimes the problem being investigated is of such importance that is calls for a detailed discussion of facts. Then this discussion should not be evaded. However, you should include everything significant and yet be brief.

Considerate

You should focus on receiver’s needs in your report writing. When writing a report, it is necessary to keep in mind the person who is going to read it. A report meant for a layperson will be different from one meant for technical experts.

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