Essay in English

8/8/2019 Essay in English

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Daniel B. Tadeja BSA 2-3D

Business Report

Business reports are used by the people who are engaged in business. It is very

useful to them because it gives them the data they need and explains it very well. It mustbe stated very clear and precise in order to prevent misunderstanding. It also helps toassist them in decision making whether to take the business or not. In this part, businesspeople usually use this information. Investors need this to decide if they are going to investin such company. The managers use this reports in order to know what improvements theyare going to do in their business to increase their profits if they have not that high income.It was very useful to know the state of the business in an individual.

The purpose of a Business Report is to communicate information to assist in thebusiness decision making process. Some reports might propose solutions for businessproblems or might present relevant information to assist in the problem solving process. ABusiness plan is a kind of report which serves to communicate the Business model, Businessmanagement model and the commercial objectives of a business. Business Reports also:

y Assess business performance, provide a quick status check, and monitor progresstowards the strategic goals of the businessy Summarize key business indicators by presenting them in visually intuitive chartsand graphs, easy-to-read grids and spreadsheets, pixel-perfect documents, and interactivedashboards and scorecards.y Use statistics - such as key performance indicators and financial ratios - to presentkey business metricsy Access data online or offline through various means of communication (by Web; e-mail; mobile device; desktop application; Microsoft® Office application ± Excel, Word,PowerPoint; file server; or printer)

Scientific Report

Scientific reports are used in stating the results for a study. It was commonly usedby people who are engage in doing researches. It was useful to them because it let themdiscover more facts to such phenomenon. It was also used by them in order to see theimprovements in such study. Scientific reports must have its parts ± Introduction, Methodsand Materials, Results, and Discussion. It would be effective it was composed of the saidparts.

The main purpose of a scientific report is to communicate. A typical structure andstyle have evolved to convey essential information and ideas as concisely and effectively aspossible. Precise formats vary by discipline and scientific journal, but always treat them as

flexible guidelines that enable clear communication.

Technical Report

Technical report is a document that describes the process, progress, or results of technical or scientific research or the state of a technical or scientific research problem. Itmight also include recommendations and conclusions of the research. Unlike other scientificliterature, such as scientific journals and the proceedings of some academic conferences,technical reports rarely undergo comprehensive independent peer review before publication.



Where there is a review process, it is often limited to within the originating organization.Similarly, there are no formal publishing procedures for such reports, except whereestablished locally.

Technical reports are today a major source of scientific and technical information. Theyare prepared for internal or wider distribution by many organizations, most of which lack the

extensive editing and printing facilities of commercial publishers.

Technical reports are often prepared for sponsors of research projects. Another casewhere a technical report may be produced is when more information is produced for anacademic paper than is acceptable or feasible to publish in a peer-reviewed publication;examples of this include in-depth experimental details, additional results, or the architectureof a computer model. Researchers may also publish work in early form as a technical reportto establish novelty, without having to wait for the often long production schedules of academic journals. Technical reports are considered "non-archival" publications, and so arefree to be published elsewhere in peer-reviewed venues with or without modification.

News Report

News reports are usually shown in televisions, usually heard on radio, and usuallyread at newspapers, journals and magazines. It was used to give information to people whoare far from the place where the event happens. It was also helpful to business peoplebecause news reports give them the updates to the business world. It gives them thecurrent trends that they need. It also gives them the idea how to be competitive in thebusiness.

News reports are found in newspapers and their purpose is to inform readers of whatis happening in the world around them. News reports have a certain structure that you needto follow. This structure is sometimes called the Inverted Pyramid. This is what it looks like:

1. News Reports begin with a catchy HEADLINE.

2. The LEAD PARAGRAPH informs the reader of the most important aspects of thestory as soon as possible. The LEAD PARAGRAPH is often the only part of the storythat people read. Use the 5Ws rule:

WHO (is involved)

WHAT (took place)

WHEN (did it take place)

WHERE (did it take place)

WHY (did it happen)

HOW (did it happen) ± only include this if there is space

3. The BODY of the News Report gives more details and provides more informationabout the WHY and HOW of the story.

4. The TAIL contains the less important information which is often omitted by thenewspaper editor if there is not enough space left in the newspaper.



Hints

Your News Report should be easy to understand; every news story should be able to beread by a twelve year old!

Try to be fair ± include both sides of the story and don¶t let your personal opinion get inthe way of reporting the µfacts¶.

Importance of Reports in the Business World

Business report bears information about the concluding stuff regarding business. It isimportant in many regards because it is an epilogue which can be explored at ease. It is of importance according to people. It may be more important for financier and other peoplewhile it would be unimportant for employees. It may have detailed information regardingups and downs of business. It may help to produce a record of the previous years. It maybe helpful in finding out the high and low grades in a business in previous many years.

They usually are concerned with major lines of business. They may have detailedinformation regarding financial record of business. This would be required by a businessmanall the time. It is good to make copies of this report to send it to investors. It would be aneasy and quick help for him. He may know the previous picture of the business. He mayknow that how much he is putting and how much he needs to put in.

Reports are important in the business world because it gives the information to thepeople who really need it. It helps them to decide about their business or the business theyare engaged in. It gives them the idea on how to be competitive in the business world.

The Difference of Informal Reports from Formal Reports

Formal report follows a prescribed format with an elaborate layout and an attractivebinding. Its depth, complexity and the style employed by the reporter serve as the mostdistinctive features of a formal report. In addition, its prime objective is to present

information in the form of analysis and interpretation of both current and previous conditionof the issues or the problem for the purpose of proposing a future course of action. Informalreport is usually brief and it may be written in two or more pages. The ideas or informationcan be presented in an ordinary business letter or an enlarged memorandum. It is alsoexpressed in conversational writing style and makes use of personal information.

The difference between short and long reports depends in the subject matter, thepurpose, the format and writing style, and the readers' needs (expectations of theaudiences for formal reports). In a formal report, the audience expects a methodicalpresentation of the subject that includes summaries of important points as well asappendices on tangential and secondary points. Note that the readers for a formal reportare often two or more distinct audiences. These distinct audiences for example could includeprofessionals specializing in the report's subject matter, professionals not specializing in thereport's subject matter, and managers overseeing the report's subject matter.

The difference between short and long reports depends in the subject matter, thepurpose, the format and writing style, and the readers' needs (expectations of theaudiences for formal reports). In a formal report, the audience expects a methodicalpresentation of the subject that includes summaries of important points as well asappendices on tangential and secondary points. Note that the readers for a formal reportare often two or more distinct audiences. These distinct audiences for example could include



professionals specializing in the report's subject matter, professionals not specializing in thereport's subject matter, and managers overseeing the report's subject matter.

The Different Types of Reports

Fact-Finding Report

In this type of report, the reporter initially traces the historical background of acertain issue or a problem. Factual data are presented without analytical remarks,conclusions and recommendations. The purpose of this report is to supply the reader¶spertinent details about, a problem or a procedure.

Analytical Report

The reporter represents the data and facts for a particular problem or issue before hecan evaluate. He may conduct further studies, interpretation and analysis on them. Lateron, he can motivate action or propose a solution to the problem. Analytical reports are also

useful in making decisions, in solving problems and in influencing them.

Performance Report

This is intended to evaluate the potentials and capabilities of an individual, a product,an activity or service rendered. For examples, if a manager wants to measure the capacityof his staff and employees, he may write an evaluation report. This can be done by using asound instrument. Through this, he can determine the weak points and strong points of hissubordinates. In this type of report, the reporter acts as an evaluator at the same time asan observer.

Progress or Status Report

It tells and describes the present or on-going situation and development concerningthe work on a specific project, a problem or an activity. An example, the report of a projectengineer who visits a construction site to find out how much work has been done by hisworker or what the have accomplished for a given period of time.

Problem Solving Report

In this type, the reporter identifies the nature together with the cause of theproblem. After knowing it, he offers possible solution for it.

Progress Report

This kind of report shows and illustrates how information, instructions or methods forimplementing a project, a procedure or an activity is processed. The subject might deal onthe organization of a strong sales force or changing an office that uses traditional machinesor equipment into modern electronic devices such as computers. In each case, the reportermust carefully outline the different chores essential for every activity.

Feasibility Report



The reporter collects data or information and after scrutinizing them, he offers hissuggestions and recommendations regarding the issue or the problem on hand. This reportevaluates the merits and demerits of pursuing a business project, goal or activity.

Field Trip Report

There are times when a busy executive has to go out for a visit in the company¶sbranches, outlets or sales offices to observe construction workers, to inspect physicalfacilities of a building or to attend to sales meeting. He arranges them in accordance withtheir order of importance. Field trip report provides information that can be used later as areference in evaluating the project.

Sales Report

This portrays the daily, weekly, monthly, or annual sales of the company and inmany ocular examinations of the present market conditions. In other words, it shows theincome derived from the products sold or the service rendered.

Marketing Report

This presents analysis and discussion of the capacity and potentiality of commoditiessold or services rendered. Hence, a reporter must be equipped with a thorough knowledgeof the product and the service offered by the company to enable him to formulate aneffective marketing strategy.

Audit Report

This takes into account the basic financial statements which consist of the balancesheet, the statement of income and retained earnings and the statement of changes infinancial position.

Annual Report

It gives a summary of the status of the business organization after one year. Also, itmay disclose the overall perspective of the organizational structure, a description of itsproducts and services offered an assessment of the latest operations.

The Importance of Technology in Business

Technology plays a vital role in business. Over the years businesses have becomedependent on technology so much so that if we were to take away that technology virtuallyall business operations around the globe would come to a grinding halt. Almost all

businesses and industries around the world are using computers ranging from the mostbasic to the most complex of operations.

Technology played a key role in the growth of commerce and trade around the world.It is true that we have been doing business since time immemorial, long before there werecomputers; starting from the simple concept of barter trade when the concept of a currencywas not yet introduced but trade and commerce was still slow up until the point when thecomputer revolution changed everything. Almost all businesses are dependent ontechnology on all levels from research and development, production and all the way to



delivery. Small to large scale enterprises depend on computers to help them with theirbusiness needs ranging from Point of Sales systems, information management systemscapable of handling all kinds of information such as employee profile, client profile,accounting and tracking, automation systems for use in large scale production of commodities, package sorting, assembly lines, all the way to marketing andcommunications. It doesn't end there, all these commodities also need to be transported by

sea, land, and air. Just to transport your commodities by land already requires the use of multiple systems to allow for fast, efficient and safe transportation of commodities.

Without this technology the idea of globalization wouldn't have become a reality.Now all enterprises have the potential to go international through the use of the internet. If your business has a website, that marketing tool will allow your business to reach clientsacross thousands of miles with just a click of a button. This would not be possible withoutthe internet. Technology allowed businesses to grow and expand in ways never thoughtpossible.

The role that technology plays for the business sector cannot be taken for granted. If we were to take away that technology trade and commerce around the world will come to a

standstill and the global economy would collapse. It is nearly impossible for one to conductbusiness without the aid of technology in one form or another. Almost every aspect of business is heavily influenced by technology. Technology has become very important that ithas become a huge industry itself from computer hardware manufacturing, to softwaredesign and development, and robotics. Technology has become a billion dollar industry for anumber of individuals.

The next time you browse a website to purchase or swipe a credit card to pay forsomething you just bought, try to imagine how that particular purchase would havehappened if it were to take place without the aid of modern technology. That could prove tobe a bit difficult to imagine. Without all the technology that we are enjoying now it would belike living in the 60's again. No computers, no cellular phones, no internet. That is howimportant technology is in business.

Technology in business is very important because it makes easy for the businesspeople to transact to others. It is more convenient to use because it uses lesser time thanbefore. It also helps to staff in facilitating the flow of business especially in the area of writing business correspondence and in making other forms of business relatedcommunication.

Effective Oral Communication in Business

Effective communication in business is needed because it makes the transactionseasier. It prevents misunderstanding between the two parties of the business. It makes

also the business flow smoothly in the business world.

Oral communication in business provides a variety of benefits. First, oralcommunication is accompanied by nonverbal signifiers, which provides context that canenhance understanding in the communication process. Posture, facial expressions, andhabitual movements may provide clues as to individual¶s feelings about the ideas beingdiscussed. Even in telephone conversations, pitch, rate, volume and tone of the respectivespeakers can help in understanding sentiments.



Oral communication also provides a springboard for relational development. Unlikewith email, memos and chat functions, which tend to take a task-oriented approach tocommunication, the immediacy involved in oral communication allows for instant feedbackand a more relational approach. This is important, as strong relationships in business oftenlead to more profitable and productive cooperation.

Importance of English in Business

English was very important in business because it is the main language that is usedeverywhere in the world. It is also the easiest world that every people use at the same time,it would be more competitive if we are going to use English in our business, because alltypes of business uses this language. It is also the medium that all businesses use.

While English is not the most widely spoken language in the world when you look atit in terms of the number of native speakers, it is the world's most prominent language.While a larger number of people speak Chinese, that language is largely confined to China.

English on the other hand, is spoken around the world. It has been estimated that

out of the roughly 6 billion people that are alive today about 350 million speak English.When you look at the importance of English for International Business, you must look atmore than just the number of people who speak it. You must also look at what the languageis used for.

English is the ideal language for many governments around the world, and it is alsoprominent in business, education, world news, and communication. In addition to this,Western pop culture is also carried to foreign countries in the form of music or movies. If you wish to be successful in International business, learning English is incredibly important.In many places such as Asia, Africa, and South America, the ability to learn English willdetermine who will increase their living standards, and who will remain in poverty. Thereare a number of powerful tools that have allowed more people to learn English than everbefore. One of these tools is the Internet.

Many companies have discovered early in the 21st century that they can cut theircosts of production by sending their jobs overseas. The proper term for this is outsourcing,or off shoring. Some companies have also found that they can cut costs by bringingimmigrants into the country on work visas. The employees will work for the company for agiven period of time, and once their visa has expired, they can return home. For someoneliving in a country where English is not the native language, they will need to master thislanguage if they wish to travel to the United States to find a high paying job.

While many people in English speaking countries complain about the impact of outsourcing, it presents lucrative opportunities for people living in foreign countries.Learning how to speak English can allow you to travel to a Western country, work there for

a few months, make more money than you would make at home, and then bring the moneyback home to your family. This is a practice that many people use, and it is factors such asoutsourcing which have allowed them to do it. As you can see, learning how to speakEnglish opened up a large number of doors, doors that would normally be closed.

In many countries where English is not the native language, you are consideredhighly educated if you can speak the language properly. You will be presented with anumber of career opportunities, and you will have the option of staying home to work, or



you could travel abroad. When you learn how to speak English, the opportunities arelimitless.

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Essay in English