Monday, 26 March 2018

Business Correspondance: Report Writing


Report Writing
Introduction
A report is a statement in which the writer gives information to some individual or organization. It is an assigned communication for a purpose and for a specific receiver/reader. A report may be defined as a formal statement describing a state of affairs or what has happened. It contains a detailed description of a problem or a situation, findings of an investigation, recommendations or action taken. It generally includes conclusions and suggestions for future course of action. A report is expected to be written in an informative and clear manner.
            A good business report must be an orderly arrangement of some factual information that is objective in nature and serves some business purpose. It is designed to give a complete picture of what has taken place at a distance from the reader who does not know about it and gathers knowledge about it from what the writer presents in the report. 

Parts of a Report
A report has several parts, which enable the writer to layout all the complex information in an easy-to-read form. Not all reports require all the parts.
   1)   Title – a report must always have a title indicating the subject of the study, the period and the location of the study. A long report has a full title page, which gives the title, the name of the person who assigned the report and the name/s of the person/committee who prepared it, with month and year of submission.                          
     - the title page normally includes:
1. The complete title
2. The name of the person to whom the report is submitted
3. The name of the writers and co-workers
4. Organization publishing the report and
5. Date of submittal
            In a short report, the title appears at the top of the first page, before the text of the report, as follows:
Report of committee appointed to investigate the decline
in sale of cycles in Tamil Nadu between January and June, 2005
            In an individual letter form report, the title is in the form of subject line, indicating only the topic, for example:
            Subject: Decline in Sale of Cycles in Tamil Nadu between January and June 2005.
Thus, the title page shows the title or subjects of the report, which the report is for, the name of the writer and date of submission.
   2)   Terms of reference – this is the first section of the report and is numbered. It gives details of the assignment and the purpose and scope of the study. Details of assignment include who assigned the report, on what date and how the appointment was made. In the case of a committee, the names of the members of the committee are included. It also states what the assignment is, what the date for submitting the report is, and whether the report is expected to make recommendations. For example:
The committee was appointed by the following resolution adopted at the meeting of the Board of Directors, held on 8 July 2005.
   3)   Title block – all formal reports must have a title block giving the name of the report, authors and location where the work was performed, the date, and distribution list for the report. The title of the report should be descriptive. Ex, “Comparison of experimental and theoretical ion-exchange resin mass transfer properties” is much more descriptive than “ion exchange”.
   4)   Abstract – the purpose of the abstract is to immediately acquaint the reader with the actual content of the report. The abstract in short paragraph summarizes the main purpose and method of the investigation as well as the principal facts and conclusions reported. Abstract should:
  • Introduce the subject matter to the reader
  • State what was done
  • Briefly state the major results. A discussion of results is rarely included in the abstract
   5)   Summary – abstract tells the reader if the report falls within the reader’s range of interest, the summary tells the readers of the report’s entire contents in brief form. The summary should be comprehensive, and in that it should cover all phases of the investigation, but it should not go into minor details in any particular phase. Specifically summary should:
  • State what was done and what the report covers
  • State how the results were obtained
  • Be specific and give quantitative information
  • Present logical conclusion
The summary is not a duplication of text from other section. It is a brief, precise, factual, and explicit description the objective or rational for the work, background, purpose of the work and other key points, results, and the intended applications of the results. The summary should be on a separate page of the report.
   6)   Table of contents – it is given after the title page. It is the list of chapters by number, with the page number on which the chapter begins. It is like the table of contents in any book. A table of contents should appear in every formal report. Include each major subsection and its page number.
   7)   Lists of figures and tables – after the tables of contents, a list of all tables and figures including sketches, graphs, and photographs are given separately
   8)   Body of the report – this is where information is presented, explanations provide and questions answered. It deals with what, how, where and why? Each section and sub-section should have a title/heading, and be numbered.
   9)   Findings – presentation of findings is the main part of the report. The collected facts and information have to be organized into a presentable form, with headings and sub-headings. The mass of collected information is analyzed and divided for easy and readable presentation and the units are joined by a numbering system.
   10) Use of illustrations – a report becomes much more readable, clear and effective if the findings are explained with relevant illustrative data like diagrams, graphs, charts, plans or maps. There are several advantages in using illustrations.
  • They clarify and support the verbal analysis
  • They can present a large amount of complex data in a compact form and with precision
  • Comparison of data can be seen at a glance in a graph or chart
  • Pictorial representation is more attractive and interesting to most people
   11) Conclusions – the conclusions are a series of numbered statements that answer the questions. Conclusions include only pertinent information and are based solely on data within the report. This section should not contain any supporting data or any of the reasoning leading to the conclusions. That information is properly presented in the discussion section.
   12) Recommendations – this are proposals for action suggested by the report writer to the appointing authority. Recommendations are a logical extension of the conclusions.
  • Conclusions will imply that certain actions should or should not, be taken. Recommendations are a brief, explicit summary of these action items. These should provide practical and viable proposal and may offer solutions to problems investigated in the report.
  • Recommendation should be written in the same order as the problems are stated in the findings, as far as possible. They may numbered, and must be in the same grammatical form.
   13) Acknowledgement – it can be written in one paragraph or a few short paragraphs; it is a list of names of person who helped the writer of the report with information, references and discussion. When an acknowledgement of contribution is warranted, it is included in a paragraph on the back of the title page.
   14) Appendix – appendix is supplementary material given at the end of the report. This may be a copy of a questionnaire used or plans of buildings, maps or other material which is referred to in the body of the e report, but need not appear in the body. If there is more than one appendix, they are numbered. There are some following things which can be included in it;
  • Involved mathematical derivations
  • An example of an analysis described in the report
  • Symbol list
   15) Bibliography – it is the list of books and articles used by the report writer. It is arranged in alphabetical order of the surname of the author.
   16) References – references are citation of work related to points brought out in the report and are given as sources of additional information for the reader.
   17) Signature, place, and date – a committee report must be signed by all members of the committee. The signatures are on the right. The place and date are on the left. The date is the day of submission of the report.

Types of Reports
Reports can be classified into different categories on the basis of the media of communication, formats adopted, frequency of issue as well as on the basis of their functions.

 On the Basis of Communication Media
  1. Oral reports – an oral report is face-to-face communication of an impression or observation. It is comparatively informal and time saving. It is simple and easy to present. But the receiver has to listen to every word of it.
  2. Written reports – a written report is relatively more accurate and precise. It tends to be more formal and can be referred to again and again. It provides a permanent record.
 On the Basis of the Format and Procedure Adopted
  1. Informal reports – an informal report is usually in the form of person-to-person communication. It may range from a few lines to several pages of detailed information. It is usually in written in form of a letter.
  2. Formal reports – a formal report is presented in a prescribed form. It is prepared in accordance with an established procedure and is submitted to a prescribed authority.
On the Basis of Function
  1. Informational reports – an informational report presents the data collected or facts observed in an organized form. It presents the situation as it is and it should be. Ex, a report containing only the data on deposits and advances of branches during the year is an informational report.
  2. Interpretative reports – such a report not only contains facts but also interpretation or evaluation of data. It include4s report’s conclusions and may also contain recommendations for action. In the above example, if reasons for unsatisfactory position of deposits and advances and suggestions for improvement in future are added, the report will become interpretative informational report.
 On the Basis of Frequency of issue

Routine reports

These reports are prepared and presented in the usual routine of business. They may be submitted annually, semi-annually, quarterly, monthly, weekly or even daily. Routine reports are usually forms in which blanks have to be filled in or multiple choice statements are to be ticked. Reports forms must be prepared carefully to ensure that the management gets complete information. The types of routine reports are as follow:

   1)   Progress report – it gives information about the progress of a project or a task which is in the process of being completed, such as construction of a building or manufacture of products or implementation of scheme.

    2)   Inspection report – it is submitted as soon as an inspection is carried out. It is necessary for detecting any irregularities or deviations from standard practice. Audits and inspection of work and system may be done by surprise check in order to ensure that they work properly at all times. Printed forms and guidelines for checking may be provided by the authorities; otherwise, experts in the field, like engineers, auditors, etc., use their own guidelines and formats for inspection reports.

    3)   Performance appraisal report – it is meant for assessing and recording the performance of an employee. Performance appraisal helps the superiors to assess performance of individual employees. It also helps employees to get feedback on their performance. On the basis of these reports, decisions about promotions and other benefits are taken.

    4)   Periodical report – it is prepared at regular intervals on the working of a section or department. The information required is of a routine nature and can be easily tabulated.
    
   Special reports

          A special report is prepared and presented in connection with specific situation or occasions, but are not prepared at regular intervals.


     1)   First Information Report (F.I.R) – it is required when there is a disaster like fire, building collapse, robbery or accident in an organization. It is prepared by a responsible person on-the-spot or the person in charge, for submission to a higher authority, ex., the branch manager prepares it for submission to Regional Office or Head Office.
    2)   Investigation report – an investigation is made when there is a problem and the management needs to find out the causes of the problem, and needs suggestions for solving it. Ex, falling sales, declining deposits in a bank, scores of customers complaints, and losses in a branch.
    3)   Feasibility or survey report – it is required when an organization intends to launch a new products in the market, introduce a new service or make any major changes that may affect the company’s customers.  A survey may be made by an individual or by a committee, depending on the size of the survey to be made. If damage to a piece of machinery is to be surveyed for the purpose of estimating the loss, an engineer can do it alone.
    4)   Project report – it is written after a proposal takes shape. It describes the proposal as projected into the future, it showing the cash flow and expected result. It is used for planning and also for convincing others.




   Drafting Business Report









Report on Eco-Homes Project
1. Title of Business Report
Title: Eco-Homes Project Initiative
Objective: Compile data and analysis for development for housing project Eco-Homes at location and address of the project.
Report by: Dr. Larry Marshall, CEO EcoVision Projects, Empire Construction and Infrastructure Group.
Key Contents: A Detailed plan, proposition, execution schedule and analysis of the project idea of an eco-friendly settlement put forth by Dr. Jason Smith, New Projects Department, Empire Construction and Infrastructure Group (mother company).
Reporting and Analysis Time: 1 month
Project Implementation Time: 17 months
Assumptions: The time frame and execution is framed, taking into consideration the seasonal elements of climate and other turnover ratios, experienced in the previous financial year.
2. Letter of transmittal
Attached, letter of transmittal, conveying the idea by Dr Smith, consisting of the core features of report.
3. Table of Contents
   - Summary and Synopsis of the Project
   - Introduction
   - Discussion and Details
   - Conclusion
   - Recommendations
4. Summary and Synopsis
The Eco-Homes Project Initiative is an underway project which has been conceived by the Empire Group. The basic ideology of the initiative is eco-friendly living. The Empire group intends to build a mega residential complex which is spread over 35 acres of land, and house around about 150 households, which are self-sufficient in several ways. The complex thrives on the basis of inbuilt agricultural center, animal husbandry center, building gardens, fuel cell and bio-gas-propane generators of electricity, massive solar panels which provide heat to the homes and also electricity. The complex will span over the 35 acre premise and will consist of 3 core residential centers 15 solar panel driven green houses, 2 orchards, 5 gardens, 3 pastures and 3 animal husbandry centers cum dairies and a staff of 33 people.
5. Discussion and Details
Some common points, details and conclusions that were drawn in the meeting of project engineers, company architects, cost accountants and the CFA's go as follows.

-  The project will bring a substantial revenue if all 150 houses are sold off at a price of amount per house hold. The project will be a highly big commercial success as it is not just situated in the city but, once the customer buys the housing facility his usual bills that include, electricity and water bill will be cut down to half. The only con that is foreseen is that the sale value is huge.
-  There are 5 phases of the project, namely, the basic foundation phase, housing complex 1 phase, followed by 2 and 3, with the last phase being the development of all the support and infrastructure facility. It is estimated that every phase would go on for 3 months plus a backup of 2 months has been provided.
-  The sales for real estate would begin with the completion of housing complex 1, followed by complex 2 and 3. By the end of complex 3, the real estate market rates would have increased by 7.8%. This price escalation however is not included in any of the calculations.
-  The cost sheets showing cost projections for the project have been attached.
-  A 5 year maintenance, free of cost has been provided for the complex. An operation cost of about $500 per 2 months is to be paid by every household to keep the operations going.
6. Conclusion
The project team recommends that this project should be taken up and executed as fast as possible as the real estate market is and the eco-friendly products have been consistently showing positive rises in the past 5 years.
7. Recommendation
In order to reduce operational cost of $500 for every two months, which is incurred by the residents, the project team recommends more research and development. It a selling point that can be put forth to boost sales.



Report on Worker’s Unrest at Pyramid Plastic Works Factory,
Wadala, Mumbai
1. Terms of Reference
To report on the worker’s unrest and make recommendations to remedy the situation. The report was assigned by Board of Directors at its meeting held on 2 December, 2016.
2. Procedure
      A.   The works manager of the factory, Mr. D. C. Mehta, was met twice, and detailed discussions were held, once alone, and the second time in the presence of this Assistant, Mr. A. J. Guha.
      B.    Two meetings were held, one with the foreman alone, and one with the foreman in the presence of the Assistant Works Manager.
      C.    Twenty workers, chosen at random, were interviewed personally, and their views ascertained.
3. Findings
    A.  Extent of Unrest: The discontent and apathy, and the unrest that followed were observed among the workers in the month of September for the first time. To begin with, there were only signs of occasional out busts of ill temper or lack of interest in work. These were followed by group meetings and discussions of workers. Finally at the end of the October a meeting of all the workers was held and a memorandum was presented to the Works Manager. A report was sent by the Works Manager to the Works Manager General Manager, but the worker’s  representation was not sent.
    B.  Cause of Unrest: Resentment was felt by workers at the at the insistence of the new Works Manager on punctuality and greater efficiency while conditions in the factory have become to uncomfortable for efficient functioning. Complaints were made by workers at:
1.     There was no suitable bus service available from the Railway station to the factory. Even a slight delay in starting the machines was ticked off by the Works Manager.
2.    There was not enough room in the canteen; workers’ strength has been doubled during the last two years.
3.    Machine were kept too close to each other and workers were unable to operate them with ease as they used to, before additional machines were installed.
4. Conclusions
The complaints made by the workers seemed just.
  • Workers who travel by train find it difficult, occasionally, to arrive in time, owing to irregular bus service from the station to the factory. However, the delay has never been more than seven minutes.
  • Owing to lack of space in the canteen, workers have to spend part of their lunch hour in waiting for s seat in the canteen. They are often forced to eat hurriedly to be in time after the launch hour.
  • Additional machine installed in the month of August have been installed in violation of the Factories Act which lays down the minimum space between machines.
5. Recommendations
       1.     A bus service should be operated between the factory and the station, to be run four times daily to coincide with the two shifts.
       2.    The store-room adjacent to the canteen should be cleaned up and handed over to the canteen for additional space.
       3.    The Works Manager should be advised to keep some of the machines in the crowded parts of the factory unused, so as to prevent hazardous occupation of workers at the machines, until the machines are moved to new premises. Work should be suitably rescheduled.
       4.    The contractor should be advised to hasten the construction work so that the extension of the factory is completed within two months.
       5.    The Works Manager should be advised to take a more humane view of the problem until the extensions are completed and conditions are made more comfortable.
18 December, 2016                                                               James Mason
                                                                        Secretary

Report of Sub-committee on Decline in the Circulation of the Company’s Magazine
“The Indian Woman”
To the Board of Director
Popular Magazines Pvt. Ltd.
1.Terms of Reference
The sub-committee was appointed by the following resolution of the Board passed at the meeting held on 8 February 2016.
“Resolved that a sub-committee consisting of Marketing Executives, Mr. B.C Dalal, convener, editor of “The Indian Woman” Dr. Neena Gulzar, and Finance Officer Mr. P.T. Ahuja be, and is hereby, appointed to investigate the causes of the decline in the circulation of “The Indian Woman” and to report with recommendations in a month’s time”.
2. Procedure
  •   The sub-committee met three times, on 11th and 23rd February, and 5th March.
  •  Three of the large distributors in  Mumbai were contracted and their views noted.
  •  Twenty small magazines shop owners were questioned to find out their experience with the sale of women’s magazines.
  •  Fifteen hundred questionnaires were collected from various readers including our past and present subscribers and members of women’s associations. Ten interviewers were sent out for getting the questionnaires filled in.
  •  Other woman’s magazines available in Mumbai were carefully compared with our magazine.
  • Circulation figures of the last 3 years for our magazine were studied.
  vii.        The company’s budgeting policy was reviewed in consultation with Mr. Murthy of the Finance department.
3. Findings
From the investigation, the sub-committee arrived at the following conclusions:
    The decline in the circulation became sharp in May 2016 although there had been a gradual decline over the six months before that. The fall by over 30% in January 2017 coincided with the arrival of a new woman’s magazine, “Eve’s Era”, on the market. While our two competitors, “Women Today” and “High Fashion” were able to withstand the impact, our magazine failed to retain its share of the market. This is largely due to the fact that the quality of our magazine had already begun to deteriorate.
    The deterioration in quality was traced to the decision to make no increase in the expenditure o paper and to purchase paper in bulk for all the company’s publications. The woman’s magazine editor had always been given freedom to select the paper in view of the sophisticated readership of the magazine and the need for good reproduction of photographs, drawing and various other illustrations. The magazine suffered an immediate set-back when it was allotted the ordinary paper.
    As a result of using the ordinary paper, the photograph and illustrations became poor in reproduction. This caused reputed photographers, artist and illustrators to refuse to contribute to our magazine. Reputed writers who used to write regularly for our magazine were attracted by competing periodicals. Hence, there was a general fall in the quality of the magazine.
4. Recommendations
  •  Adequate funds should be allocated to the magazine. The present allocation of Rs. -/ should be raised by 40% to Rs. -/.
  •  Paper of good quality should be ordered immediately and used for the next issue.
  • Honorarium to reputed writers should be made more attractive. The rate should be at least double the present rate.
  • The services of good artists and photographers should be attracted by offering higher incentives.
  •  An intensive sales campaign should be launched to regain lost readership and gain new readers.

                                                                                                              Sd-
                                                                                                   A.G Dalal, Convener
 Date: 12 March, 2016                                                                    Neena Gulzar
 Place: Mumbai                                                                                  P.T. Ahuja

Report of Sub-committee on the choice of a suitable
 site for a branch factory in Maharashtra
To the Directors
Crystal Glass Works
1. Term of Reference
    The sub-committee was appointed by Resolution No. 845 adopted at a meeting of the Board of Directors, held on 10 January 2016. The sub-committee, consisting of Mr. Pea, convener, Mr. Que and Mr. Are, was authorized to choose a suitable site for a branch factory of producing glassware in Maharashtra and to report in two months.
2. Procedure
    The sub-committee held three meetings, on 13 and 29 January and 28 February.
    The members of the sub-committee visited Mumbai, Pune and Nagpur between 20 January and 10 February, and saw several sites available for industrial units.
    The members also met the Government and Municipal authorities to enquire about permission, licences, water and power connection.
3. Findings
    The sub-committee felt that Mumbai is the most suitable city for a glass works factory, owing to the local market as well as export facilities.
Other conditions are described below:
     A.   Raw materials: all the components for the manufacture of glass are available in Mumbai since there are several other glassware factories. Fine sand is regularly supplied by specialized agents, from the banks of the Narmada, the Tapi, and the Godavari rivers.
     B.    Staff and Workers: supervisory staff, and skilled and unskilled labour are available. The salaries and wages are higher than in the other cities but the quality of the work is of a high standard. Highly qualified technicians and designers receive very high salaries in Mumbai, but the expense of such staff will be compensated for by the market.
     C.    Power and Water: the Government authorities have agreed to give electricity and water connections and to supply the required quantities of power and water.
     D.   Scope for Expansion: the company’s market can be extended to foreign countries through the Export Promotion Council as well as the consulates in Mumbai.
     E.    Site: there are three suitable sites of 4, 5 and 6 acres at Vikhroli, Borivli and and Mulund respectively. All are available on a 99 tears lease. Details of the 3 sites are in Appendix I.
4. Recommendation
    The sub-committee recommends that:
1. One of the sites is chosen in consultation with the company’s Architects.
2. Negotiation be started immediately to acquire the selected site.
3. The Secretary be authorized to invite tenders for the construction of the factory and to apply to the Government of India for licence to import the required machines.

Date: 5 March, 2016,                                                                                N. O. Pea
Place: Surat                                                                                              O. P. Que
                                                                                                                 P. Q. Are

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