Question: What is the main difference between internal and external data? Internal data is data that is collected and used by the company for its own
What is the main difference between internal and external data?
Internal data is data that is collected and used by the company for its own purposes, while external data is data obtained from third parties
Internal data is quantitative, external data is qualitative.
Internal data is data that is collected and used by the company itself, while external data is data that is collected and used by somebody other than the company.
Internal data is qualitative, external data is quantitative.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
