Business Reporting
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Questions and Answers

What is the definition of a business report?

  • A verbal presentation about business operations
  • An interactive visualization of business data
  • A written document containing information about business matters (correct)
  • A persuasive communication aimed at promoting products

What are the functions that a report can fulfill?

  • Develop product prototypes, conduct quality control, manage supply chain, analyze consumer behavior
  • Ensure proper departmental functioning, provide information, provide the results of an analysis, persuade others to act, create an organizational memory (correct)
  • Conduct market research, develop business strategies, analyze financial data, manage human resources
  • Generate sales leads, conduct performance evaluations, create marketing campaigns, improve customer service

What is the nature of business performance management (BPM)?

  • Visual representation of organizational hierarchy
  • Closed-loop methodology for improving business performance (correct)
  • Predictive analysis of market trends
  • Real-time monitoring of employee activities

What are the basic elements of balanced scorecards?

<p>Financial, customer, internal business processes, learning and growth (B)</p> Signup and view all the answers

What is the need for and the power of business reporting?

<p>To provide information, results of analysis, persuade others to act, ensure proper departmental functioning (A)</p> Signup and view all the answers

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