1. Report gives consolidated & updated information
A study provides consolidated, factual too an up-to-date information nearly a detail affair or subject. Information inwards the study is good organized too tin hold upwards used for time to come planning too determination making.
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2. Report every bit a agency of internal communication
A study acts every bit an effective agency of communication inside the organization. It provides feedback to employees. It is prepared for the information too guidance of others connected amongst the affair / problem.
3. Report facilitates determination making too planning
Report furnish reliable information which tin hold upwards 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 furnish information, which may non hold upwards known previously. The commission members collect data, draw conclusions too furnish information which volition hold upwards 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 past times the departments for guidance. Report furnish a feedback to employees too are useful for their self-improvement.
6. Report gives reliable permanent information
The information provided past times a study is a permanent improver to the information available to the office. We get got census reports (prepared since end 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 piece preparing personnel policies such every bit advertisement policy, grooming policy too welfare facilities to employees.
8. Report gives information to shareholders
Some companionship reports are prepared every yr for the produce goodness of shareholders. Annual study for example, is prepared too sent to all shareholders earlier the AGM. It gives information nearly the progress of the company.
9. Report gives information to the Registrar
Annual study too annual accounts are sent to the Registrar every yr for information. Such reports enable the authorities to perish on supervision on the companies.
10. Report solves electrical flow problems
Reports are useful to managers piece dealing amongst electrical flow problems faced past times the company. They furnish guidance piece dealing amongst complicated problems.
11. Report helps directors to get got prompt decisions
Company reports relate to internal working of the companionship too are extremely useful to directors inwards determination making too policy framing. Reports laissez passer on reliable, updated too useful information inwards a compact form.
