Assignment on Importance of decision making

Practically reports play a major role among the communication systems. Without the help of communicative systems no business can run because, communication is vital issue to every part of today’s business organization. A large number of important decisions in business, industry or government are taken on the basis of information presented or recommendations made in reports. Not only that a commission / committee, a study group or a panel is required to present its findings / recommendations in the form of a report. For the running an industry/ firm/ business effectively the skill of report writing is as necessary as good equipment & quality raw materials. Why Study Business Report Writing? It may be answered from the two points of view i.e. from the business points of view & from the personal point of view. These are discussed below as the importance of report writing;  

Assignment on Characteristics of a Business Report

Reporting systems reveals the following characteristics, which are stated below;
Accurate Information: The scientific accuracy of information is very important. Inaccurate information may lead to wrong decision.
Factual Reports: A report is prepared based on information. The information is recorded in the various forms of report including different data. Personal opinion is not recorded in the report except in rare cases; Executives’ opinion / recommendations are processed in the report with the best information for an organization. Auditors’ opinions are also included in the report based on collected information of an organization.