Question

Q76 Besides accounting and financial information, what are some of the other sources of internal secondary data? [4 Marks]

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Answer 1

Let's first define what is internal secondary data. Internal secondary data is the data which is generated within the company or the organization for any kind of internal research or business development activities.

Apart from the accounting and financial information of the organization, there are other sources of the data like Sales invoices generated, order/shipping records, sales reports (sales by product line, department, region, size of purchase etc.), distributor reports and feedback from them, customer feedback database, inventory reports (available inventory, stock replenishment etc.)