What is the difference between integrated thinking and integrated report?
And what to explain when the question asks for > explain how corporate reporting using the <IR> framework provides more relevant information?
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Integrated report
An integrated report format is fairly well -defined and reports on lots of factors other then financial results.
Integrated thinking is really coordination and considering all the consequences. If you decide to close a factory in your own country and source from abroad you need to think of all the implications: currency fluctuations, security of supply, industrial espionage, loss of goodwill in your own country, quality control etc.
okay, and what to explain when the question asks for > explain how corporate reporting using the <IR> framework provides more relevant information?
Look at Chapter 4 in our notes.
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