answersLogoWhite

0

Internal information refers to data and insights generated within an organization, such as employee performance metrics, financial reports, and operational processes. In contrast, external information originates from outside the organization, including market trends, competitor analysis, and customer feedback. To distinguish between the two, consider the source of the information and whether it pertains to internal operations or external factors affecting the organization. Additionally, internal information is typically proprietary and confidential, while external information is often publicly available or sourced from third parties.

User Avatar

AnswerBot

1w ago

What else can I help you with?

Related Questions

Internal and external accounting information?

internal = inside business external = outside business


Who are the Internal and External Users of Information?

Internal users of information are those business units within the organization. While, external users of information are those business linkages (outside) of the organization.


What is internal and external storage?

Data storage outside (external) or inside (internal) the computer. The location of where the information (files, etc) on your computer system/network.


Does the Atlantic salmon have internal or external fertilization?

internal external not internal external not


The difference between Internal and External information sources?

Internal information is the kind of information that is obtained internally such as accounts receivable information, financial statements etc. On the other hand external information is the type of information that is obtained from external means such as competitor business model, customer's credit rating etc.


What group or groups of people are not considered to be the external users of accounting information?

Internal Users of accounting information would not usually be external users. Management, staff, the board, would all be classed as internal users of financial information.


Is bearded dragons development internal or external?

its internal


What is internal and external sources of information in marketing strategy?

Internal sources of information could be a database management system that is used by the company. Employees and management are also examples of internal sources of information. External sources are outside of the organization and harder and could include studies and market research.


Difference between external users and internal users of accounting information?

External Users of accounting information are NOT directly involved in running the organization. Internal Users of accounting information are those individuals directly involved in managing and operating the organization.


Is Managerial accounting information used by external and internal users equally?

Yes


Is a polar bear external or internal?

Is a salmon internal or external?


Define output unit?

In computers, a unit which delivers information from the computer to an external device or from internal storage to external storage