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- Advantages of Report Writing
- Benefits of Report Writing
Report bears very much importance in the field of business, commerce and trade. For this reason, A student of business studies should know about pros and cons of report and its various aspects.
Advantages of report writing also make us to understand the importance of report writing. The most common advantage of report writing is that it helps the management to take a precious decision.
However, Report writing provides the below advantages in our business as well as personal life:
1. Keep Records: Report keeps record and provides valuable source of information. We can re-use this information for future reference. That means a report exists for the backup of information.
2. Provide Information: Report provides information in terms of tables, graphs, charts and illustration and therefore we can be aware of facts and figures as an update.
1. Keep Records: Report keeps record and provides valuable source of information. We can re-use this information for future reference. That means a report exists for the backup of information.
2. Provide Information: Report provides information in terms of tables, graphs, charts and illustration and therefore we can be aware of facts and figures as an update.
Nowadays, information are treated as the most valuable asset in the modern world. It is the same as for the business world too.
3. Indicate Status: Report indicates the current status of any project and therefore we keep on knowing what we are doing. It communicates to donors and founders for project progresses.
4. Facilitates Research: It facilitates research work as it is source of quantitative and qualitative information. For example, a market report shown the market condition of a product.
5. Setting Actions: Report shows comparison and analysis with critical evaluation and therefore it helps to determine future actions.
6. Decision Making: Decisions can be easily made based on the recommendations given in report. Because a report shows a complete picture of the circumstances.
7. Building Relation: Report builds relationship between author and reader. It creates impression on author's knowledge and philosophy and also provides insight regrading his analytical and critical understanding.
There are a lot of benefits that can be gotten from the usage of report. A report gives us many advantages for our business concerns and personal life too as some advantages of report writing has been illustrated above.
3. Indicate Status: Report indicates the current status of any project and therefore we keep on knowing what we are doing. It communicates to donors and founders for project progresses.
4. Facilitates Research: It facilitates research work as it is source of quantitative and qualitative information. For example, a market report shown the market condition of a product.
5. Setting Actions: Report shows comparison and analysis with critical evaluation and therefore it helps to determine future actions.
6. Decision Making: Decisions can be easily made based on the recommendations given in report. Because a report shows a complete picture of the circumstances.
7. Building Relation: Report builds relationship between author and reader. It creates impression on author's knowledge and philosophy and also provides insight regrading his analytical and critical understanding.
There are a lot of benefits that can be gotten from the usage of report. A report gives us many advantages for our business concerns and personal life too as some advantages of report writing has been illustrated above.
