Business Reporting and its Impact

This assignment requires you to critically examine the role of business reporting in shaping perceptions and influencing decisions. You'll need to analyze how different types of reports (financial, sustainability, etc.) impact various stakeholders like consumers, investors, and regulatory bodies. Consider factors such as transparency, accuracy, and the influence of media coverage on public understanding of business practices.

BUSINESS REPORT

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Organisation brief...................................................................................................................1
Analysis..................................................................................................................................1
Communication models, theory, techniques and skills with implement tools.......................2
Find depth and accuracy analysis of the business..................................................................4
Communicate an overview of the business structure, hierarchy, attitude and values............4
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Business report consists of important part in order to make successful results. In this
context, analysis of chosen enterprise is undertaken that assists to increase profits and revenue in
different areas of the world). Present study is based on Sub Club Glasgow which is centre of
dance music in Glasgow for lifetime of the house. In order to gain insight information about the
present report, it covers appropriate communication model and theories that assist to analyse
systematic results in Australia. Furthermore, it focuses on the accuracy of the analysis about the
business and structure which includes values and attitude.
MAIN BODY
Organisation brief
In these days, there are different kinds of business work in the club industry. In this
consideration, present report is based on Sub Club Glasgow which is a dance floor and platform
for performing many other activities. This Club is generally opened from 11 pm to 3 am.
Analysis
Sub Club, Glasgow is the famous electronic music venue in Scotland. It was firstly
opened in April 1987 and sub culture was developed from 1994. Sub Club is one among the
early club of Glasgow and established largest bodysonic dance floors. There are several
promoters such as Numbers and Sensual were regular at the venue (Muheki, Lueg and Schmaltz,
2015). There are different kinds of things promoted that helps to make creative results in the
industry. Further, there are so many events that been continuously growing by the business.
Their shows also represent positive results to make innovative results. In upcoming days, event
considered show which presents enormous extinct dinosaur at Sub Club on 22nd February 2018.
Due to such events, large amount of people are taking part with interest. Therefore, creative
results will be developed in systematic way at workplace. On Saturday 24th February 2018,
subculture also developed and different activities have been promoted to make sure that
creativity will be ascertained. With the help of the different events, the company can develop
their customer base in systematic manner (Ilias, Razak and Razak, 2015). Therefore, it will help
to participate maximum people and hang out plan will be developed continuously that will make
creative results.
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Communication models, theory, techniques and skills with implement tools
Communication models
Communication model considers important parameters that help to understand the
concept, ideas thought, etc. All these perspective helps to make simple understanding towards
the Club. Different models are described as follows:
 Aristotle model of communication: This model helps to describe the initiatives and
design. Furthermore, it is a creative model that describes key role of communication i.e.
converting thoughts into words. Speaker plays an important part in this model (Kaya,
Kwok and Rabe, 2015). This is because, in selected club, main responsibility of the
centre is to influence and respond accordingly. Within the Sub Club, Glasgow, every
person need to know about the conversation that been avoided by the people. This model
is widely accepted in the selected business. Further, most common model of the
communication sender sends information and message which could be influenced to
respond towards the activities. In this tool, communication consists of different activities
that are framed and ascertained with new elements. Furthermore, it is also helpful to
manage functions and operations at workplace. In order to simply understand the
performance, this model helps to make several changes in the system (Manente,
Minghetti and Casarin, 2014). Therefore, some modifications and changes can be
implemented in positive way.
 Berlo's model of communication: On the other hand, this model describes SMCR which
stand for the stand for Source, Message, Channel and Receiver. In the source, there are
several perspectives exist that we can include in the model such as skills, attitude,
knowledge, social system, culture, etc. Furthermore, message consists of content,
elements, treatment, structure and code. With the help of the different channel,
information could be shared such as hearing, tasting, seeing, smelling, etc. (Mangan and
Byrne, 2018).
 Shannon and Weaver model of communication: In this aspect of communication
model and theory, process has been considered. With the help of the creative process and
message, it originates from the person who actually gets thought and information. Sender
is also known as the source of the information to share systematic activities (Slemrod,
Collins and Sebastiani, 2015). Furthermore, information also transferred from the brain to
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the mouth and comes from the signal that passes message to the final destination in other
person mind of the individual. In Sub Club, Glasgow, this model originates with the great
information that is help to make systematic work performance at workplace (Blount and
Hill, 2015). In this way, important activities included that assists to considered expression
of face. Slight changes are also included in the behaviour which would be helpful to
considered more systematic changes.
 Schramm's model of communication: It is the root of the previous model which assists
to describe careful words which conveyed to others. Hence, in Sub Club, Glasgow
encoding play vital role in respect to share some important information. With
togetherness of the encoding, decoding also implemented to make effective
communication at workplace (Nielsen and Lund, 2014). In this regard, coding and
decoding is the two essential elements that are taking to make effective communication.
It is also emphasis on the communication which receives feedback from the recipient. It
helps to know that communication is completed or not. As results, review of activities
understand in the full circle.
 Helical model of the communication: According to this model, communication process
consist dance. Therefore, actual way also completed with systematic communication of
child and parents to face absolute challenges. When child grows up, parents pay attention
towards their life and it helps to create interaction in new form of the words. With the
help of replaced words, speech also considered process of the communication in
systematic manner that existed from child birth (Stacchezzini, Melloni and Lai, 2016).
Child also started process of communication with evolves individual birth for the existing
moment. When the plants are emerged with the modifications it helps to develop creative
results at workplace. In this consideration, communication will be develop in broader
perspective that helps to attain systematic work performances.
 Wastley and MacLean's model of the communication: It is another important method
that helps to create proper communication with different members at workplace. In this
aspect, meetings lined in the whole day program. In this moment, appointment also
undertaking which assists to pass the systematic activities at workplace. In this
consideration, individual receives signals from the environment and began with
communication process (Bentley-Goode, Newton and Thompson, 2017). Communication
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actually initiative in the external environment which helps to convey information to the
others. It also assists to explain important messages that also suggest sharing of the
information. In this model, responsibilities areas also design which drives to hoarding the
advertisement regarding events programs.
Find depth and accuracy analysis of the business
In respect to implement the best communication model and theory, child development
also considered in systematic manner. In this way, all living activities are also started from first
day which helps to emerge new things at Sub Club, Glasgow. Further, it will also help to make
complete work performance and program that assists to develop more creative results at
workplace. With the help of the present model, process of communication also clear and
understandable (Muheki, Lueg and Schmaltz, 2015). This model also believes that behaviour
pattern also consist movement to get rid communication errors. Individual also defines that there
are slight changes consist behaviour in the process.
In the chosen enterprise, present communication considered important fundamental
perspective in systematic manner. With the help of the different activities, individual
performance also developed in the process of communication. It also turns goes forward which
depends on the past activities. Therefore, it is essential to understand creative activities. Main
advantage of this model is that dance has been flouted in communication with similar
perspective. As results, communication process creating through dancing activities. Every
moment of this process developed systematically that indicates communication process in simple
world. It is the systematic and actual way that develops child communication with their parents
in proper way (Kaya, Kwok and Rabe, 2015).
Communicate an overview of the business structure, hierarchy, attitude and values
In respect to make and considered the overview, it has been seen that in the business,
there are different parameters exist that helps to create more systematic innovations and
operations at workplace. In the structure of Sub Club Glasgow, attitude and values are also
created major aspects that make systematic tasks to attain desired aims and objectives.
Furthermore, it will also consider positive results to maintain results in it. There are several ways
to maintained creative results at workplace. Hence, it makes systematic innovations and
operations to capture the market (Ilias, Razak and Razak, 2015). Following are certain
recommendations can be given that increases systematic work performance in the business:
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 Upward flow: In the business communication will be placed to make work performance
better. In this way, at different level of the business command also gives valuable
information towards the business affairs. Furthermore, there are different ways exist
through performance will be increasing in proper way. Feedbacks, reports, customer
information, suggestions, etc. helps to collect creative information to attain systematic
results. In order to take support, guiding principles also provided in the creative
leadership that increasing communication process as well. In this consideration, regular
meetings, open door policy, etc. elements considered in chosen business to perform
activities (Ilias, Razak and Razak, 2015).
 Downward flow: Communication flow important information that helps to share
information from one level to another. In next range of the operational strategic matters,
it also considers creative information at workplace. Furthermore, it also helps to flow the
information at club with different tools. For example, supervisor advises, feedbacks,
training, appraisals, etc. Guiding principles like, vision, mission and strategic goals of the
company helps to make innovations and creativity at workplace. With the help of the
keeping proper records, relevant drives will be managed at workplace. Tools are also
transmits that keep track on the messages including newspapers, social media, etc.
(Kaya, Kwok and Rabe, 2015).
 Lateral movement: There are different kinds of levels exist in club that considered
communication on the hierarchical manner. It also establishes people and department
communication in different enterprises. Therefore, at similar level of the communication,
horizontal activities are also planned. With the help of the proper contacts, efforts are
made to create external contacts with suppliers and customers. With the help of the
information and messages, it has been seen that efforts are made to create contact with
different people. Furthermore, team members are also performed their functions and
operations to take proper management of the activities (Bentley-Goode, Newton and
Thompson, 2017).
 Structural effects: Company type of the organisational structure creates impact on the
communication process. In this consideration, traditional set up of the boss and manager
consists of important part in the business. Therefore, it will be helpful perspective to
small business and owners as well. In the team, formal communication will also develop
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in systematic manner that assists to set necessary and horizontal communication activities
among the team members. Rapid communication also makes and creates flexible and
responsive elements in the business. In the team structural outcomes, club getting
performance objectives which assist to make quick decisions at workplace. Therefore, it
will be helpful to trained people (Muheki, Lueg and Schmaltz, 2015).
CONCLUSION
From the above report, it can be concluded that there are different fundamental aspects
take part to accomplish desired results in business report. In this consideration, different
activities also promoted to make sure that creative results will be attained at workplace.
Furthermore, it summarised about the different tools and models of communication in Sub Club
Glasgow. They concentrate to make innovative and creative results at workplace through which
aims and objectives will be accomplished. Moreover, helical model of the communication
coveys best part in accomplishment of the aims and objectives in the business.
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REFERENCES
Books and Journals:
Bentley-Goode, K.A., Newton, N.J. and Thompson, A.M., 2017. Business strategy, internal
control over financial reporting, and audit reporting quality. Auditing: A Journal of
Practice & Theory, 36(4), pp.49-69.
Blount, I.Y. and Hill, J.A., 2015. Supplier diversification by executive order: Examining the
effect reporting compliance, education and training, outreach, and proximity to leadership
have on government procurement behavior with minority business enterprises. Journal of
Purchasing and Supply Management, 21(4), pp.251-258.
Ilias, A., Razak, Z.M.A. and Razak, S.F.F.A., 2015. The awareness of the extensible business
reporting language (XBRL) in Malaysia. The Journal of Internet Banking and
Commerce, 19(2), pp.1-26.
Kaya, H.D., Kwok, J.S. and Rabe, E.C., 2015. Does Sustainability Reporting have Sustenance?
A Marketing Ploy or Management Tool. International Journal of Academic Research in
Business and Social Sciences, 5(5), pp.12-20.
Manente, M., Minghetti, V. and Casarin, F., 2014. Consumer confidence in responsible tourism:
How business reporting systems can encourage respectful behaviour. In Handbook of
research on consumerism in business and marketing: Concepts and practices (pp. 264-
285). IGI Global.
Mangan, A. and Byrne, A., 2018. Marginalising co-operation? A discursive analysis of media
reporting on the Co-operative Bank. Organization.
Muheki, M., Lueg, K. and Schmaltz, C., 2015. How business reporting changed during the
financial crisis: a comparative case study of two large US banks.
Nielsen, C. and Lund, M., 2014. Communicating and reporting on the business model.
Nielsen, C. and Roslender, R., 2015. Enhancing financial reporting: The contribution of business
models. The British Accounting Review, 47(3), pp.262-274.
Slemrod, J., Collins, B. and Sebastiani, M., 2015. Does credit-card information reporting
improve small-business tax compliance? (No. w21412). National Bureau of Economic
Research.
Stacchezzini, R., Melloni, G. and Lai, A., 2016. Sustainability management and reporting: the
role of integrated reporting for communicating corporate sustainability management.
Journal of cleaner production, 136, pp.102-110.
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