Question

Which of the following is an example of internal information used for quantitative sales forecasting:

Mass Media stories
Past sales records
Government reports
Trade magazines

Answer 1

Past sales records

Step-by-step explanation:

Internal source of information refers to a reference from within the organization. It is data obtained from existing records found in a company. Internal sources contrast with an external source, which refers to information obtained from outside the organization.

Examples of internal sources of information include previous financial statements, employee surveys, and past sales reports. From the list provided, Past sales records is an internal source of information.