Performance reports are used by various stakeholders within and outside the organization:
1. Management: To make strategic decisions and set future goals. 2. Employees: To understand how their work contributes to the organizationâs objectives. 3. Investors: To assess the financial health and potential of the business. 4. Customers: To gauge the reliability and quality of the companyâs products or services. 5. Regulators: To ensure the company complies with industry standards and regulations.