Final answer:
A memo report is a recent trend in short written reports, typically used for internal organizational communication, contrasting with longer formal reports that include detailed analysis and visuals.
Step-by-step explanation:
A memo report is a recent trend in short written reports, especially periodic reports. Unlike the more traditional formal reports, which present findings and data from experiments, surveys, and research with a detailed analysis and often include various visuals such as graphs and diagrams, memo reports are generally shorter and may be more informal. These reports typically focus on internal communication within organizations and are used to convey information succinctly. However, if extended communication is necessary, for instance, to present at a meeting or conference, tools such as PowerPoint are used to develop a presentation that complements the oral aspect of the report, with a possible time frame for a ten-minute talk.