1. Report gives consolidated & updated information
A study provides consolidated, factual too an up-to-date information virtually a detail affair or subject. Information inwards the study is good organized too tin live on used for hereafter planning too determination making.
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2. Report every bit a way of internal communication
A study acts every bit an effective way of communication inside the organization. It provides feedback to employees. It is prepared for the information too guidance of others connected alongside the affair / problem.
3. Report facilitates determination making too planning
Report supply reliable information which tin live on used inwards the planning too determination making process. It acts every bit a treasure identify of reliable information for long term planning too determination making.
4. Report discloses unknown information
Reports supply information, which may non live on known previously. The commission members collect data, trace conclusions too supply information which volition live on novel to all concerned parties. Even novel concern opportunities are visible through unknown information available inwards the reports.
5. Report gives Information to employees
Reports are available to managers too departments for internal use. They are widely used yesteryear the departments for guidance. Report supply a feedback to employees too are useful for their self-improvement.
6. Report gives reliable permanent information
The information provided yesteryear a study is a permanent improver to the information available to the office. We get got census reports (prepared since final 100 years) which are used fifty-fifty today for reference purpose.
7. Report facilitates framing of personnel policies
Certain reports relating to employees are useful land preparing personnel policies such every bit advertisement policy, grooming policy too welfare facilities to employees.
8. Report gives information to shareholders
Some society reports are prepared every twelvemonth for the create goodness of shareholders. Annual study for example, is prepared too sent to all shareholders earlier the AGM. It gives information virtually the progress of the company.
9. Report gives information to the Registrar
Annual study too annual accounts are sent to the Registrar every twelvemonth for information. Such reports enable the authorities to proceed supervision on the companies.
10. Report solves electrical flow problems
Reports are useful to managers land dealing alongside electrical flow problems faced yesteryear the company. They supply guidance land dealing alongside complicated problems.
11. Report helps directors to get got prompt decisions
Company reports relate to internal working of the society too are extremely useful to directors inwards determination making too policy framing. Reports laissez passer reliable, updated too useful information inwards a compact form.
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