Question

What are the characteristic of internal and external information that is used in managerial decision?

Answer 1

Answer:

characteristics of internal are:

1. it secretes in nature which means it is not disclosed with people outside the organization.

2. message spread quickly in the form of SMS.

characteristics of external are:

1. mail or a phone call.

2. it is openly available for public and meant to establish relation with outsiders like shareholders, suppliers, auditors, etc.

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