The difference between internal and external secondary data is.. A. Internal data is from inside the industry and external data is from outside the industry B. Internal data is from inside the Marketing team and external data is outside the Marketing team C. Internal data is from inside the country of operation and external data is global D. Internal data is from inside the organisation and external data is from outside the organisation
Question
The difference between internal and external secondary data is.. A. Internal data is from inside the industry and external data is from outside the industry B. Internal data is from inside the Marketing team and external data is outside the Marketing team C. Internal data is from inside the country of operation and external data is global D. Internal data is from inside the organisation and external data is from outside the organisation
Solution
The correct answer is D. Internal data is from inside the organisation and external data is from outside the organisation.
Here's why:
Internal secondary data is data that is collected by the organization itself for its own purposes. This could include sales records, customer databases, reports, feedback, etc. This data is usually historical and already available within the organization.
External secondary data, on the other hand, is data that is collected by other organizations or sources outside of the organization. This could include government reports, industry analyses, statistical databases, reports published by other companies, etc. This data is not specifically collected for the organization but can be used for its purposes.
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