Two types of business reports are

Not just any information, but essential information such as the facts, figures and analysis of a situation. The whole point of reports is to give a company the information it needs to make major decisions and plan for the future. Businesses can prepare budgets, business plans, make advertising decisions and much more based on the information in a report.

Two types of business reports are

Types of Business Reports in Business Communication The business reports are classified on many basis. Such types of business reports are briefly explained. They are ordinary or two types of business reports are reports and special reports. Ordinary or Routine Report Ordinary reports are prepared and presented before the managing director at specific intervals or to the next authorized person in the business routine.

The reports shall be submitted either daily, weekly, fortnightly, monthly, quarterly, bi-annually or annually. This type of report contains mere statement of facts in detail without any opinion or recommendation of the reporter. Special Report This type of report is prepared and presented before the top management on specific request.

It usually contains the opinions or recommendations of the reporter with the help of facts and arguments. Examples for special report are opening of branch, introducing a new product, Improving the quality or changing the shape or size of the product and the like.

Reports on the Basis of Legal Formalities The reports are classified into two types. They are formal report and informal report. Formal Report Formal report is prepared in a prescribed format and presented before the competent authority in an established procedure.

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Reports submitted by officials or committees of constituted bodies example: Companies, Cooperative SocietiesLocal Bodies etc. Informal Report Informal report is prepared in a format of the convenience of the reporter and presented directly before the required person as and when demanded.

An informal report is presented as in the form of letter or memorandum. Generally, it takes the form of a person to person communication. The formal reports are classified into two types. They are statutory report and non-statutory report. Reports on the basis of Function The reports are classified on the basis of function into two types.

They are informative and interpretative. Informative Report An informative report is prepared and presented with the help of available information at the maximum with regard to an issue or situation.

Jul 01,  · Reports represent a way for those in a business to communicate facts, figures and information in a prepared, professional format. The size and scope of the report will depend on internal policy and protocols, as well as on the contents of the report and its intended usage. Business reports are all about conveying information. Not just any information, but essential information such as the facts, figures and analysis of a situation. The whole point of reports is to give a company the information it needs to make major decisions and plan for the future. Customer List. One of the reports you can generate using Access is a list of your entire customer base. Using the qualifiers you have created such as address or number of employees, you can arrange your data in any way you would like.

Interpretative Report An interpretative report is not only contains the facts, views and opinions of reporters and others but also includes the causes for an issue or an event and required remedial action with recommendations.

Reports on the basis of meetings Whenever a meeting is organized in any business organizationa report is prepared by the secretary or any other individual about the proceedings of the meeting.

Such reports are classified into two types. They are Verbation Report and Summarized Report. Verbation Reports A verbation report is a complete word by word record of all discussions made at a meeting. For example, Appointment of an Auditor.

A resolution is passed in the meeting. Likewise, Directors are appointed and the remuneration and perquisites of key personnel are fixed by passing a resolution. In this case, a report is prepared by including the verbation record of the resolutions passed with the names of the proposers and seconders, manner of voting and results.

However, the verbation report should not be confused with the minutes of the meeting which is the official record of the proceedings and the decisions arrived at in the meeting. Summarised Report A summarized report is prepared with the help of the essential details discussed in the meeting.

This type of report is prepared for sending to the press or to shareholders of the company or members of the institution. Reports on the basis of Nature of the Subject dealt with The following reports are included in the report which are classified on the basis of the nature of the subject dealt with.

Problem Solving Report A problem may arise in any one of the department or in the whole organization. Hence, the top management may seek a report for solving the problem.

Four Types of Report Formats | ashio-midori.com

When, the reporter collects various information to find the causes for such problem. Moreover, the report is concluded with the ways of solving the problem.

Such type of report is called Problem Solving Report. Fact Finding Report A machine may be breakdown in the factory premises.

Quarterly Reports

Sometimes, there may be a rivalry between the two group of workers.So far we have seen two broad categories of reports that Are . Informational Reports. A yardstick report is a type of report that Discusses a problem statement Provide one or more alternate solutions to the problem Each of the alternative solution is measured or weighed against the criteria.

Types of business reports Rahul Ahuja. Business reports are all about conveying information. Not just any information, but essential information such as the facts, figures and analysis of a situation. The whole point of reports is to give a company the information it needs to make major decisions and plan for the future.

Customer List.

Types of business reports in business communication

One of the reports you can generate using Access is a list of your entire customer base. Using the qualifiers you have created such as address or number of employees, you can arrange your data in any way you would like.

two types of business reports are

Jul 01,  · Reports represent a way for those in a business to communicate facts, figures and information in a prepared, professional format. The size and scope of the report will depend on internal policy and protocols, as well as on the contents of the report and its intended usage.

Oct 10,  · Types of business reports. Posted on October 10, There are different types of reports, depending on formality and function.

Statutory and voluntary reports depend on formality.

two types of business reports are

While informational, analytical and research reports are separated according to function. Businesses will use several types of reports to communicate the overall health and status of a business. These reports deliver transparency, and they open the door for .

Business Communication: Business reports & different types of reports