Critically assess this statement. Support your assessment using evidence from academic journals, statistical bulletins, news items and other supplementary sources. Assessment 1 criteria Evidence of critical thinking with logical and well-structured assessment Evidence of research using appropriate (authoritative) sources: journals, statistical bulletins, news items and other sources Correctly referenced (Harvard system as required by University) Structured as a business report (students need to research and identify what a business report requires) Displays exceptional initiative, creativity, sophistication and originality Provides insightful analysis Demonstrates originality and rigor of argument Shows independent synthesis of ideas and understanding Demonstrates reflexivity and critical analysis to generate transformative solutions/responses Demonstrates substantial independent research Communicates complexity clearly and succinctly with an excellent standard of presentation Structured as a business report -Report title or heading: This includes the basic name of the report. It may also include the reporters name and report presentation date. It should be written in a clear format. -Index table: In case of lengthy reports, there should be an index table of contents. This includes different topics that are covered in the report, including the main headings and sub-headings. The page number can also be part of this. -Executive summary: This includes the purpose or objective of a report. A good summary is the brief of the reports background, the issues that occurred, and possible recommended solutions for that. Different assumptions and limitations are also part of this. Usually, the summary is prepared in the last but presented to senior management on a priority basis as they have a shortage of time to study the whole report. -Introduction: This covers any background information and further developments in a more detailed way. This includes the material and further chapters of the report. Information collection procedure: Includes the description of information gathering methods and any limitations. The different corrective measures taken to remove these limitations can also form the part of the report. -Findings of report: The report findings should be represented with sufficient data to explain that enough research was conducted. The recommendations of the report can be justified by including customer reports, opinions of industry experts, statistics, and observations. -Conclusion of the report: This covers the result or outcome of the report from the findings and recommendations. It is the assessment of the current scenario as per the reporters observations and findings.