There are several types of business reports utilized by leaders to address different needs:
- Analytical Reports: These reports provide data analysis to solve problems and make decisions. They often include recommendations based on data insights. - Informational Reports: These reports provide data without analysis, such as status updates or summaries of activities. - Research Reports: These involve gathering data from various sources to provide a comprehensive view of a subject. - Progress Reports: These are used to update on the progress of projects or initiatives. - Financial Reports: These focus on financial performance, including profit and loss statements, balance sheets, and cash flow statements.