What are the internal and external sources of secondary data?

What are the internal and external sources of secondary data?

You can break the sources of secondary data into internal sources and external sources. Internal sources include data that exists and is stored inside your organization. External data is data that is collected by other people or organizations from your organization’s external environment.

What are internal and external sources?

Internal sources of finance represent means of generating funds by the business itself from its own operations. External sources of funds represents means of generating funds through outside entities.

What are examples of sources of external data?

External data comes from the market, including customers and competitors. It’s things like statistics from surveys, questionnaires, research, and customer feedback.

What are the external sources of information?

External informationcensus figures.telephone directories.judgments on court cases.computer users’ yearbook.legislation, for example.gallup polls the Data Protection Act.national opinion polls.trade journals.