Explain the components of report?
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Formal reports contain three major components. The front matter of a formal report includes a title page, cover letter, table of contents, table of illustrations, and an abstract or executive summary. The text of the report is its core and contains an introduction, discussion and recommendations, and conclusion.
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Collin works for a major commercial real estate developer. His boss has asked Collin to prepare a formal report on the feasibility of an open air shopping center the company is contemplating developing. A report is simply a document that is produced to convey information. A formal report is written in a professional and formal manner to address complex issues. Formal reports may be used to convey information, analyze an issue or problem, and provide a recommended course of action.
Collin's report, for example, will provide information about the proposed project, like demographic and market data, information on the proposed site, market information, and an estimated cost of the project, among other things. His report will also analyze this information to determine the likely return on investment if the company pursues the development as well as the risk involved. Finally, his analysis will lead him to make a recommendation concerning whether the project should go forward or be scrapped.
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