Functions of Business Report:



A business report is very much useful for the management and also for the others. Its importance is because of the functions it performs. A business report:


Provides Facts pertaining to events, conditions, qualities, progress, results investigations or interpretations.


Measures Progress of employees, departments, and companies.


Points Causes of problems e.g., low margins, high rate of staff turnover, accidents in factory etc.


Suggests measures to overcome the business problems.


Assists Manner in carrying out operational, or technical assignments, planning procedures, solving problems and making decisions.

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