BUSINESS REPORT

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BUSINESS REPORT & MINUTES

Transcript of BUSINESS REPORT

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BUSINESS REPORT&

MINUTES

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Business reports are a type of assignment in which you analyze a situation and apply business theories to produce a range of suggestions for improvement.

Example Report that details the findings of a market research.

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Examine available and potential solutions to a problem, situation, or issue.

Apply business and management theory to a practical situation.

Demonstrate your analytical, reasoning, and evaluation skills in identifying and weighing-up possible solutions and outcomes.

Reach conclusions about a problem or issue. Provide recommendations for future action. Show concise and clear communication skills.

USES OF BUSINESS REPORT

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PARTS OF A BUSINESS REPORT

IntroductionIncludes a brief overview of the contents Summary The problem or opportunity is describedDiscussionExplanatory details, including results of the research, is providedConclusionThe implications of each of the available options are presented

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These are special kind of reports brought up by public or listed companies periodically as a part of their corporate communication exercise to the shareholders, creditors, government, etc..

CORPORATE REPORT

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Types of corporate reports

Director's Reports - An annual report of directors attached to every balance sheet

Auditor's Reports - Ensures that the company's balance sheet and profit and loss accounts are in agreement with books of accounts and returns, etc..

Cost Audit Reports - Includes the scrutiny of cost records of a company

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MINUTES

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The written record of an official proceeding. The notes recounting the transactions occurring at a meeting or official proceeding; a record kept by courts and corporations for future reference.

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What needs to be included?

There are three main items that should be included in a minutes:

What was achieved during the meeting.

Decisions that were made at the meeting. The minutes will serve as a written record that these decisions were made.

Any actions that were agreed. In this case you should include the action itself, who it was assigned to, and the date it should be completed by.