ECONOMICS

Detailed explanation-1: -An executive summary is a concise overview of a larger document, such as a business plan or report. It summarizes key points and important information from the document in order to provide decision makers, project stakeholders, and other key readers with a clear understanding of its overall content.

Detailed explanation-2: -An executive summary is the first section of a business plan and is generally considered the most important. Typically 2-4 pages long, the executive summary is often written last, after the entire plan has been finalized. The executive summary then covers the highlights of all the other sections.

Detailed explanation-3: -The abstract is an overview that provides the reader with the main points and results, though it is not merely a listing of what the report contains. It is a summary of the essence of a report. For this reason, it should be crafted to present the most complete and compelling information possible.

Detailed explanation-4: -A good executive summary should usually be between 5-10% of the length of the completed report (for a report that is 20 pages or less, aim for a one page executive summary). What information should an executive summary contain?

Detailed explanation-5: -They are called executive summaries because the intended audience is the busy executive who may have to make funding, personnel, or policy decisions based on findings or recommendations reported for a project.