Business Report

A business report is an evaluation or assessment of a particular issue or set of circumstances or financial operations that relate to the performance of a business. It is usually written in response to a request by a senior executive of the company, and often takes the form of a memo with the report attached. For example, a company manager who is concerned about undue wastage in the packaging department might request the OIC of the Packaging Department to look into the issue and to submit a report that highlights the problems and recommends solutions. While most business reports focus on existing issues, they can also be predictive in nature. For example, a manager might commission a report that evaluates the current use of computer technology in a company, and which recommends how the company might best position itself so that it can benefit from any future developments in computer technology.