In: Finance
A formal report is an official report that contains detailed information, research, and data necessary to make business decisions. This report is generally written for the purpose of solving a problem.
There are two categories of formal reports: informational and analytical reports. The informational report gathers data and facts used to draw conclusions. The analytical report contains the same information as the informational report, but it also offers recommendations to solve a problem.
Report Structure (Outline)
1.Letter of transmittal (covering letter)
2.Title Page
3.Table of contents
4.List of abbreviations/glossary
5.Executive summary/abstract
6.Introduction
7.Body
8.Conclusion
9.Bibliography
10.Appendices
Formal report on Iphone :
The Apple inc. is planning to launch Iphone 12pro/12
Formal report - Iphone 12pro/12
For upcoming international tech expo , we have planned to launch the all new latest smart phone i.e., Iphone 12 and Iphone 12pro.
The following are the costs incurred for manufacturing of one unit Iphone 12:
Research and Development cost
Labour Cost
Manufacturing cost
Lisences and fees
The total cost of manufacturing Iphone12 is approx. 250usd where as the 12 pro costs 350usd.
The proposed price of the smart phones in the market is 1249usd and 1499usd for iphone 12 and 12pro respectively.
Since iphone 11 priced at 999usd , launching 12and 12pro at the determined prices wouldbe beneficial for the company.