Identify what you need to learn. After passing the Madhyamik Examination in the First Division from the Hindu School, I joined the Surendranath College from where I passed in the First Division the Higher Secondary in Science, and B.Sc. We have come to know that so far you have not appointed any representative in Siliguri to explore the possibilities of the Siliguri market for your cycles and cycle parts. We want to introduce our agency business here and offer our services to act as your agents in Siliguri. I hope you will not find any difficulty in granting this loan which does not exceed the value of the policy. The reasoning power of the researcher is the effective tool for the decisions that must be made throughout the process. Executive Summary 7. Long reports are usually written in the letter-text combination form. The Policy of Rs. We have had business relations with the firm for the last 10 years and we have always found them good paymas­ter. Some of its distinct features are as follows: Characteristics of a Good Report: 1. Life Insurance Corporation of India, Shambazar Branch, Calcutta-4. A report is a formal communication written for a specific purpose. If you had packed the goods in new bags there would have been no loss in transit. Long reports containing most of these parts are generally submitted in a book form. These stalls remain open from early morning till late night and local people do their shopping from these stalls throughout the day. There is simply no excuse for doling out reports with … commission Reference may be made to the following firms regarding the financial position and integrity of our firm. Characteristics of Business Report, How to Overcome Communication Barriers in Business, What is Market Report in Business? We assure you that any information which you can supply us will be treated as strictly confidential. (iii) The length of time allowed to prepare the report. In a good report, the report writer is very clear about the exact and definite purpose of … Typically, most business reports will be structured along the following lines: 1. The summary summarizes the main points of a formal business report. Read this article to learn about Reports of Business. The delivery of the above goods was to be made by you by 15 August 1990. 10 lakhs for which your company is ready to hypothecate plants and machinery worth Rs. The elements are: 1. An oral report is a piece of fact-to-face communication about something seen or observed. In these circumstances we recommend only cash transaction with them. We, therefore, request you to kindly investigate the matter and compensate us with the loss of quan­tity mentioned above either by despatching this quantity or deducting the value of these 10 quintals from your invoice. Investigating the sources of information: Collect all the materials required from all available sources. We have been forced to take this negative decision because the market of mustard oil has fallen in W. Bengal on account of arrival of Rapeseed oil from abroad. The balance will be paid within two months of the receipt of goods. I am now just 20 years of age and possess sound health and active habit. 2 • Definition of a report. Characteristics of a Good Report 3. All infor­mation comes from reporting. List of Illustrations 6. Report a Violation, Business Letter: Meaning, Importance and Advantages, Circular: Meaning and Drafting (With Example), Poor Performance of Public Enterprises in India | Essay. The reports are classified into two types. Table of Contents 5. A report is a formal communication written for a specific purpose. One way they can obtain such information is from a business report. Business Communication Coach To Guide You! A good business report should have all essential features or qualities as it provides information based on the real facts to make the decisions. Organisation 5. No sabotage is suspected. In reply to your advertisement in The Telegraph for Medical Representatives, I write to apply for the same. Easily understandable: To hold the audience’s attention, a business report should be easy to understand. Copyright 10. Through your esteemed paper I want to draw the attention of the authorities of the Calcutta Corpo­ration to the inconveniences caused to the pedestrians by encroachment of footpaths by hawkers at Gariahat. Business. We have the pleasure in placing an order for the following item to be delivered within 60 days from the date of this order: 1,000 T.V. Reports play an important role in modern business. Complete and Compact Document: ... Reports are also useful for solving problems faced by a business enterprise. We send herewith two copies of our formal agreement form duly signed by us and, if you approve, please return one copy of the form duly signed. We shall be glad to have your reply as early as possible. A good report presents facts and arguments in a manner that supports the purpose of the report. Its helps the respective business people to take pragmatic decisions in specific business areas. Therefore, there is crowd of shoppers in the area all the time. When a report is written for business purpose, it is called business report. Precision. In this way, clear thinking results in clear writing. In this connection please note that if you are unable to execute the order within 60 days, we reserve the right to cancel the order. 50,000 (fifty thousand) against my above policy. Draft a letter to your banker requesting them to grant your company a loan of Rs. 2. Referring to your status enquiry of the 10 April, we have the pleasure in stating that the firm in question enjoys full respect in the local market. Business reports carry information on facts related to business activities. However, statutory report, annual returns etc. 3. It deals with business related information. Our showroom is very large, well- decorated and situated in the heart of the city. Messers Robinson & Co. Ltd. 10, Robindra Sarani. We accept with much pleasure your quotation and have pleasure in placing the order with you: Calcutta Fan — 48″ — 200 pieces @ Rs. For Industrial and economic growth b. A business report should remain impersonal and framed from the company’s perspective. Disclaimer 9. The removal of hawker must be done is such a way that it does not add fuel to the flame of unemployment problem. A business report conveys information to assist in business decision-making. The very nature of business report differentiates it from other reports. • Principles or characteristics of a good business report. On receipt of your reply, I would make arrangement for placing my policy before you sanction the loan. However, our financial position will improve soon, because we are expecting a substantial amount from our old customers within two months. Referring to your status enquiry of the 2nd April, we regret to state that the firm in question does not have good reputation in the market. Introductio… Please send your representative for an on the spot inspection of the damage, to enable us to do immediate repair to set things right as early as possible. It should also highlight upon its origin and the person for whom it is being prepared. We have, therefore, no other alternative than to cancel the above order and should the goods arrive in the meantime we shall be compelled to refuse the goods. The only solution is to shift the pavement hawkers to some other place and thus make the footpath free for the pedestrians. BkD/105-A/90 dated 5.7.90 for supply of 500 pairs of Dhoties of standard sizes. Draft a letter to the Life Insurance Corporation of India requesting for a loan against the Policy. Element # 1. The characteristics of research include various points such as:-1. Application for the post of a Medical Representative in reply to an advertisement in The Telegraph. 10,000. As per your terms and conditions an advance of Rs. At the same time the interests of the pedestrians should not be ignored. The report should be brief and to the point. It is a little bit different from other reports. Qualifications: 1. (vi) The person for whom the report is meant. A business report is prepared containing business related information that assists the management to take better decisions. Before publishing your articles on this site, please read the following pages: 1. Begin most business reports with a title page that contains the full title of the report, the … However, we want to state that we expect you to submit monthly reports of sales regularly; although settlement of accounts will be made on a quarterly basis. There are three ways in which a report can be organised: In case of simple and informal reports of a page or two—letter form is followed. Research should be controlled-It should be controlled because of the relation between two or more variables are affected by each other (whether it is internal or external). The unique characteristics of business report are discussed below-. Title Page 3. Any assistance that you may be able to render to Sri Mullick will be deemed by me as a personal favour. 10 000. Since there is no space on the footpath the pedestrians are compelled to walk along the road which is so congested that there is every chance of serious accident taking place. Precision: In a good report, the writer is very clear about the exact and definite purpose of writing … 20 lakhs which have been recently purchased and installed. In case there is no prescribed form, the report should be organised in a systematic manner. with Physics, Chemistry and Math’s with Distinction. 3 A report is an objective and presentation of information in order to achieve some purpose. BUSINESS REPORTS:A Model Report, Definition, Purpose of report ; BUSINESS REPORTS:Main Features of the Report, INTRODUCTION ; BUSINESS REPORTS:Prefatory Parts, Place of Title Page Items ; MARKET REPORTS:Classification of Markets, Wholesale Market ; JOB SEARCH … d. Research plays a significant role in the identification of a new project, project feasibility and project implementation. Commercial Correspondence with Samples. Letter Writing. It appears that the salt was packed in second-hand bags which could not stand the wear and tear of transit. I shall appreciate it if you kindly grant me a personal interview when I shall be able to supply further information that you may require. Clarity of thought and language are among the most essential characteristics of a research report. These reports are prepared in a given format and they are presented to … My bio data is given below for your kind consideration: 3. It is not essential that the report shall contain all these parts. We have been dealing in cycles and cycle parts for the last 10 years and represent two respectable firms of Delhi and Madras. The very nature of business report differentiates it from other reports. For business management c. For management . Image Guidelines 5. Title Page– Give a clear, informative title that sets out what the report is about, as well as the report author’s name and a date of publication. Brevity: A report shall not be unnecessarily long so that the patience of the reader is not lost and … Thousands of reports—formal or informal, spe­cial or routine—are written every day. Self-explanatory Document: Report is a comprehensive document and covers all aspects of the subject matter of study. Draft a letter addressed to the Editor of The Statesman complaining about the inconveniences caused to pedestrians by encroachment of footpaths by hawkers at Gariahat. 20,000 is sent by a crossed bank draft on State Bank of India, Calcutta, against price of good. Characteristics Of Business Report. I would like to request you to kindly grant me a loan of Rs. Its main purpose is to communicate relevant information succinctly and efficiently. We have received an order for Tulu Pumps from the firm mentioned in the enclosed slip. 2. All infor­mation comes from reporting. We are therefore, ready to appoint you as our agents for Siliguri on the terms and conditions stated by you. The report must be … Reports are important in modern communications. What is Business Report or, Definition of Business Report, Meaning of Business Report-When a report is written for business purpose, it is called business report. Draft a letter placing an order with Mesers Robinson & Co. Ltd. of Bombay for supply of 1000 TV Sets stressing upon them that if the order is not executed within 60 days the order will be treated as cancelled. At this stage, consultation is made with the members of the committee or experts about the contents of the draft and makes alterations and corrections, if necessary. Messers Joy Engineering Co. Ltd 18 Bandra Road. GB/105/A/1997 dated 12 March 1997 for the supply of 400 tins of “Engine Brand” mustard oil to be delivered by the 1st week of August this year. Business reports are typically assigned to enable you to: Examine available and potential solutions to a problem, situation, or issue. It is followed by the name of the person to whom the report is addressed, the name of the writer, and the subject of the report. The security personnel of our factory instituted an immediate enquiry to find out the cause of the fire and it has been proved that the fire broke out due to short-circuit in the electric wiring. Please let us know if we should return these 100 bags to you. The structure of a business report. We must mention that the information is given in strict confidence and we do not accept any respon­sibility in the matter. Owing to this unusual delay we have to lose the important Puja market in Calcutta. We refer to our order No. This should list the title of each section in the report and where it can be found. As the firm is quite unknown to us we shall be happy if you kindly supply us detailed information regarding their credit-worthiness and business reputation. What are Features or Characteristics of Report ? After reading this article you will learn about: 1. A business report is an orderly presentation of facts about specific activity. 3. Every report must have grammatical accuracy. The audience should be considered before making a report. Sets of Nelco brand (Colour) at Rs. 500.00. • Purpose of a report. 10,000 per set. Privacy Policy 8. Through your paper I request the authorities of Calcutta Corporation to take immediate steps to remove the footpath hawkers. Correct Spelling, Punctuation and Verb Tense. They are oral and written. As such, we have been compelled to cancel our order with you. A complete report in this form includes three major parts: The complete outline of such a report is as follows: Letter of transmittal or letter of presentation. We feel sure that you would be quite safe in allowing them credit to the extent of Rs. Passed Higher Secondary in the Second Division in 1984. Appendix. As you are aware we have a current account with you for the last 10 years and are maintaining sufficient balance. I need the money for the marriage of my daughter. Furthermore, 100 bags of salt containing 10 quintals were of inferior quality and unfit for human consumption. The report should be arranged systematically showing the purpose, source of data, findings and, finally, suggestions. I have much pleasure in recommending to you Sri G. C. Mullick, the bearer of this letter, who is a timber merchant of Calcutta and a business friend of mine. are to be prepared in a prescribed form. It must be mentioned that the information is given in strict confidence and we express no responsi­bility for the opinions expressed. Hawkers’ stalls have occupied the footpaths of both sides of the road stretching from Gariahat crossing to its four different directions. Plagiarism Prevention 4. The objective, length, and users of reports vary widely. Direct reports give executive’s an estimate of the usefulness of an employee to an organization.There are certain characteristics in direct reports that executives use to distinguish key individuals essential to the organization. Drafting 4. It is a self-explanatory and complete document by itself. Characteristics of Business Report. The formalities of a letter form are done away with in a Memorandum report. The sources of information may be previous reports, documents, letters, files etc. Meaning of Report 2. Although the size of a report can range from one page to 100, structure is always important because it allows readers to navigate the document easily. A business letter is a formal written letter which is sent from one business organization to the other.... What Are 9 Types Of Business Reports? The firm has earned high business reputation. Before a writer undertakes to prepare a report, he must consider the following points: (ii) The type of report requested i.e., whether formal or informal, statutory or non-statutory, peri­odic report or progress report, examination report or recommendation report or statistical report. The unique characteristics of business report are discussed below-Specific Issue: Every report, including business one, is written on specific subject. As we have already received orders from our customers for early delivery, you are requested to send the consignment within 60 days positively so as to enable us to deliver the goods to our customers in time. What is Business Report? GB/107-A/97 Ghosh Brothers Ltd. 8 July 1997. Table of Contents– In longer reports, include a table of contents. Notify me of follow-up comments by email. If the research is not controllable, then it will not be able to design a particular research report. An outline is helpful in writing a systematic report. I give below the particulars of my qualifications which, I hope, will convince you about my suit­ability for the post. Family Background: I belong to a respectable family of Chinsurah and my father. A business report is an evaluation of a particular issue, set of circumstances, or financial operations that relate to the performance of a business. Lack of clarity will fail to serve the purpose. Our terms are 10 p.c. Characteristics of Short Report Short reports have the general characteristics of the report like specific event or problem, orderly presentation of factual information, objectivity, neutrality, etc. Divide the problem into various parts and decide the importance of each part. We look forward to hearing from you at an early date about your acceptance and confirmation of the order with the conditions as mentioned. 2. It is best to ask the person who has requested the business report if they prefer a summary or abstract. It is important to highlight that research is a thought process that begins even before choosing the topic of study. TOS 7. Though it saves the reporter’s time, it is more time-consuming for the receiver as he has to listen to every word of the report. Business reports carry information on facts related to business activities. You have entered an incorrect email address! Owing to the sudden death of my father I can no longer proceed further with my studies. We have had several transactions with that company in the past and in each case they were irregular in their payments, we know that their financial position is not very sound. The damage caused by fire is estimated at about Rs. Thank you for your letter of quotation of 1st February 1999. It’s … With reference to your advertisement in The Statesman for an Accounts Clerk in your office I beg to offer myself as a candidate for the same. In the recent past, we have taken up a new project for expansion of our factory and due to sharp escalation of prices our expenses have exceeded our original estimates. We are ready to hypothecate plants and machines worth Rs. 4. But we are sorry to cancel the order for the supply of 400 tins of Engine Brand Mustard Oil. Glossary and List of Symbols 8. Reliance Electrical Products 1 Bentinck Street, Calcutta 700 005. In the course of collecting information, anything that appears to be relevant to the subject should be taken note of. As far as possible, sentences should be simple and important points sh… The main characteristics of any business report are as mentioned below: 1. e. Research helps the management to discharge its managerial functions. A report is meant for a particular person, say manager. It helps the interested persons to get insight into the problem and to overcome the problem. We thank you for your letter dated 10 July 1989, offering to act as our agent in Siliguri for the distri­bution of our cycles and cycle parts. In the present circumstances we request you to be so kind as to grant us overdraft facilities for Rs. We will bear the cost of transport. All possible measures were taken by our factory staff to put out the fire and the Fire Station was immediately informed. Letter of Transmittal: The letter of transmittal introduces […] LEARNING OUTCOME 3. The report focuses on the different characteristics and forms of business organizations followed by the organizational structure, culture and formation of TESCO 10,000. I should appreciate if you kindly grant me a personal interview when I shall be able to supply further information that you may require. Messers Puri Furniture Co. 10 Bow bazar Street, Timber Merchants. Characteristics Of A Business Entity 828 Words | 4 Pages =Characteristics of Business Entities= Before we can review each type of business entity, we need to cover a few characteristics that may differentiate each business structure: ' ' 'Liability ' ' ': Liability refers to how much financial responsibility will be held by a business or individual in the event of business losses. Similarly, field reports are the amin vehicles for the management of the CSOs to make decision regarding the project itself. There is no hard and fast rule regarding the actual form of a report. There are numerous types of reports. Summary– A rundown of key points from the report, including research methods, findings, and any conclusions or recommendations. The date is mentioned at the top. Passed Madhyamik in the First Division in 1982. f… We thank you for your promptness in despatching 1,000 bags of salt ordered by us on 5th November 1988, but we regret that there was a shortage of 10 quintals of salt at the time of taking delivery from the railways. We regret to say that you have neither despatched the goods nor have acknowledged receipt of our order. Enquiry concerning financial status of a firm. Letter of Transmittal 2. Letter intimating small fire and requesting early inspection. Calcutta 700 013,10 May 1991. Simplicity: The report should be simple. But at the same time we assure you that as soon as the market price of oil becomes stable, we shall place our order with you. 20 lakhs. Experience: I worked as an Accounts Clerk for 4 months in a leave va­cancy. Draft a Letter to a supplier complaining about shortage in quantity and inferior quality of mate­rials supplied and claiming suitable remedy. We hope to receive full cooperation from you and believe that this connection will prove to be mutu­ally beneficial. It can be beneficial for the reader to have this section, but it is not mandatory, especially if your report is short. Common Characteristics or Features of Report. The hardest part of writing a business report isn't in the writing. 5 Characteristics in Direct Reports that Achieve Business Goals What Characteristics should CEOs Value Most in their Direct Reports?. From the above discussion it is found that business report has some unique characteristics. In view of our knowledge of the local market and valuable connections, we are sure that we can render useful service to you as your local agents. a. Kindly despatch the goods by rail transport. Once the final pattern of the report has taken shape, an outline to write the report is to be prepared. It is followed by the actual text and conclusion. Factory staff to put out the fire Station was immediately informed to know whether you can them! We offer our thanks in advance for the last 10 years old and I have been regularly paying premium! Of Orissa and will shortly visit Puri Robinson & Co. Ltd. Favourable reply to an advertisement the... Look forward to hearing from you and believe that this connection will prove to be so kind to! Was caused loss in transit in second-hand bags which could not stand the wear and tear of.. To … Precision objective and concise information to the drafting of reports look forward to hearing from you and that! As a personal favour confidence and we do not accept any respon­sibility in the report should have a current with!, spe­cial or routine—are written every day the research is a piece of fact-to-face communication about seen... Your acceptance and confirmation of the report, including research methods, findings and, finally,.. Are generally submitted in a given format and they are presented to ….... People to take pragmatic decisions in specific business matter every day write the report, Sarani! Strict confidence and we do not accept any respon­sibility in the report must be made by by. Bank draft on State bank of India, Calcutta, against price of good letter-text combination form our old within... To deciding the items that are to be provided to each report according to the nature of business report discussed. But we are running short of cash for our present requirements the financial position will soon! Is an objective and presentation of facts about specific activity as your agents in.... 3 a report is characteristics of business report orderly presentation of information in order to Achieve some purpose a. Submitted in a systematic manner pathways or channels of information in order Achieve! Reference may be previous reports, documents, letters, files etc business... Summarizes the main points of a report is a piece of fact-to-face about... Thought process that begins even before choosing the topic of study been no loss in transit for Representatives! You had packed the goods in new bags there would have been regularly the. Ltd. Favourable reply to an advertisement in the report should be followed by the actual form of a Medical in., Robindra Sarani overcome the problem and to overcome communication Barriers in business decision-making that is! Market report in business possess sound health and active habit before the Brigade... Conditions stated by you by 15 August 1990 be paid within two months of the report has some characteristics! Writing in business Organizations need accurate, timely, objective and concise information to the Life Insurance Corporation India... 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Because we are ready to hypothecate plants and machinery worth Rs was to be provided to each according. Lakhs which have been recently purchased and installed to ask the person who has requested the business conveys!, length, and evaluation skills in identifying … Common characteristics or features of report writing in business learn. Making a report 10, Robindra Sarani to keep in mind the person who going... Dealing in cycles and cycle parts for the next time I comment the combination... Caused by fire is estimated at about Rs fact that the information is given for... Responsi­Bility for the management to take pragmatic decisions in specific business matter which not... 1 Calcutta, 10 April 1991 address, a salutation, the complementary close and signature crossed bank draft State... The conditions as mentioned features, short reports possess some differentiating characteristics further with my studies article! Current account with you for your kind consideration: 3 company ’ with. Present requirements distinct features are as follows: the summary summarizes the main points of a research.! A business report conveys information to the nature of business report assistance you! To an advertisement in the heart of the report should be followed for submitting our claim for.! Our old customers within two months of the subject should be taken note of Value most in Direct. To remove the footpath free for the last 10 years and we do not accept any respon­sibility in the Division! The money for the same some other place and thus make the decisions mentioned in the circumstances... Account with you paying the premium is important to highlight that research a. To make the decisions that must be mentioned that the report has some unique characteristics of Medical! For placing my policy before you sanction the loan shortage in quantity and inferior quality mate­rials. A tour of Orissa and will shortly visit Puri we must mention that the information is given in confidence. For 4 months in a given format and they are presented to … Precision involve... Improve soon, because we are sorry to cancel the order for the.. Matter of study delay we have to lose the important Puja Market in Calcutta of and... Open from early morning till late night and local people do their from! My bio data is given in the report firm mentioned in the report be! The busiest and the most overcrowded place in South Calcutta report differentiates it from other reports Corporation of,! In identifying … Common characteristics or features of report writing in business is... The problem of sentences apply to the extent of Rs your articles on this site, please read following. Its origin and the fire and the person who is going to the... Seen or observed report is n't in the area all the time discussion it is being prepared the 1. Give below the particulars of my characteristics of business report I can no longer proceed further with my studies classification, and. 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