Importance of presenting business information

Cards (7)

  • Business information provides management with information regarding important markets
  • Enables business to identify opportunities and threats in the markets
  • Allows management to develop new strategies in order to overcome competition in the market
  • Enables businesses to share their financial performance with internal and external stakeholders
  • Attracts and retains investors and improves the image of the business
  • Employees are informed about business operations and the required performance
  • Increase sales and profitability