Explain the Types of Reports?
i) Information reports
- Presents data without analysis
- Routine activities - daily, weekly and monthly reports
- Form reports - complaints, accidents etc.
ii) Progress reports
- Monitors non routine activities
iii) Justification reports / Recommendation reports
- Presents information
- Offer analysis
- Aims to solve problems by evaluating options
- Offers recommendation
iv) Feasibility Reports
- Analyzes whether a company should proceed with a plan of action.
- Should a company invest thousands to expand its Web site?
v) Minutes of Meetings
- Record of proceedings of a meeting
vi) Summaries
- Organizes and condense information for quick reading and reference.
- Example : Executive Summary condenses long reports such as business plan and proposals.