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What is the difference between internal and external sources of finance?
Internal sources is finance which comes mainly frown own funds, profits and depreciation The main internal sources of finance for sole proprietors are as follows; · Owner's funds · Selling personal assets · Profits · Depreciation External sources is capital obtained from financial institutions, such as banks, and from individuals willing to provide finance. The main external sources of finance for sole proprietors are as follows; · Bank loans · Mortgage loans · Grants and loans · Hiring and Leasing
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Answer . There is a difference. Internal feritilisation takes place in the female's body while external fertilisation does not. External fertilisation usually requires a me…dium such as water, which the sperms can use to swim towards the egg cell. External fertilisation usually occur in fish and amphibians. Internal fertilisation occurs in mammals, insects, birds, reptiles.
Internal is a concern, activity or process inside or "within" an entity (e.g. internal medicine, internal combustion). External is applied to forces or influences outside th…e entity (e.g. external symptoms, external hard drives). Internal and external are another way of saying inside and outside.
Internal business finance is departmental charges for production and such. External business finance concerns transactions that make money for the business outside of the …organization, such as sales. Both this financial terms have great impact on running business. They are the key and most important difference between these two funding options. When a company uses internal finance, it takes advantage of existing supplies of capital from profits and other sources. External finance involves the use of money new to the company, from outside sources, to fund planned activities. External finance requires either going into debt or giving up control and flexibility.
Internal fertilization is where the egg is fertilized inside the body(such as humans) and external fertilaztion is where the an egg is laid and then fertilized. Such as in fis…hes!
External financing is when a department helps another department meet their production numbers. External financing is when some entity external to the company helps the co…mpany meets their financial obligations. For a more definitive example, a corporation has the ability to sell shares of its own stock to current stockholders or to the public in general. This is money transfered into the company using its own internal finances. If the same corporation decides to sell bonds on the open market, that is an external source of funds and is external financing.
Internal information is the kind of information that is obtained internally such as accounts receivable information, financial statements etc. On the other hand external infor…mation is the type of information that is obtained from external means such as competitor business model, customer's credit rating etc.
Internal Respiration:it takes place inside every cell using O2 to break down glucose sugar and to produce energy and produce water and CO2. external respiration:it takes …place outside the cell,it includes the movement which draw air into the lungs and push it out of the lungs.
Sixty percent of corporations through the selling of new securities uses external funds as sources of financing whereas only forty percent of funds are raised internally.
Following are the major differences: Exposure to Foreign Exchange: The most significant difference is of foreign currency exposure. Currency exposure impacts almost all …the areas of an international business starting from your purchase from suppliers, selling to customers, investing in plant and machinery, fund raising etc. Wherever you need money, currency exposure will come into play and as we know it well that there is no business transaction without money. Macro Business Environment: An international business is exposed to altogether a different economic and political environment. All trade policies are different in different countries. Financial manager has to critically analyze the policies to make out the feasibility and profitability of their business propositions. One country may have business friendly policies and other may not. Legal and Tax Environment: The other important aspect to look at is the legal and tax front of a country. Tax impacts directly to your product costs or net profits i.e. 'the bottom line' for which the whole story is written. International finance manager will look at the taxation structure to find out whether the business which is feasible in his home country is workable in the foreign country or not. Different group of Stakeholders: It is not only the money which along matters, there are other things which carry greater importance viz. the group of suppliers, customers, lenders, shareholders etc. Why these group of people matter? It is because they carry altogether a different culture, a different set of values and most importantly the language also may be different. When you are dealing with those stakeholders, you have no clue about their likes and dislikes. A business is driven by these stakeholders and keeping them happy is all you need. Foreign Exchange Derivatives: Since, it is inevitable to expose to the risk of foreign exchange in a multinational business. Knowledge of forwards, futures, options and swaps is invariably required. A financial manager has to be strong enough to calculate the cost impact of hedging the risk with the help of different derivative instruments while taking any financial decisions. Different Standards of Reporting: If the business has presence in say US and India, the books of accounts need to be maintained in US GAAP and IGAAP. It is not surprising to know that the booking of assets has a different treatment in one country compared to other. Managing the reporting task is another big difference. The financial manager or his team needs to be familiar with accounting standards of different countries. Capital Management: In an MNC, the financial managers have ample options of raising the capital. More number of options creates more challenge with respect to selection of right source of capital to ensure the lowest possible cost of capital. There may be such more points of difference between international and domestic financial management. Mentioned above are list of major differences. We need to consider each of them before taking any decision involving multinational financial environment.
Internal is inside the organism External is the surroundings and stuff that happens outside the organism
Internal means it is contained inside something; external means it comes from outside.
An internal variable will change due to computations in the program module. An external variable will change due to other changes (external input).
An internal regulator regulates the inside of a cell while an external regulator only regulates the outside of a cell.
) In-house training. We can deliver this cost effective and flexible option to meet your needs, at a time and place to suit you. In-house training offers flexibility over cour…se topic, length, level and venue. Your staff can learn, share and develop together, saving on individual course costs and spending less per head.
Consider the Old West - an external consultant is like the hired gun that comes into town because yo have an extreme and unusual set of outlaws making your town their home, he… shoots the bad guys, then leaves with a large fee. The internal consultant is the sheriff - he is taken on on a long term basis but his only function is to shoot "regular" bad guys as needed. The Pied Piper was an external consultant. In the world of business the internal consultant is hired to address a specific problem - he is really good at his job and commands a high rate of pay. You couldn't afford him on a long term basis so he comes in does his expert level job and leaves. The internal consultant, like the sheriff does good day to day work, addresses a number of problems big and small but is overloaded if you give him very large issue that will take all of his time.
Inside and outside
An external source of data is a connection to an external data base and contains data that does not change much. The difference of internal source of data is data that can… change because it comes from sources inside an organization including inventory transactions, purchase orders, and sales.