Multiple Choice
Which of the following is NOT quantitative data?
1. Introduction to Statistics
Intro to Stats
Struggling with Statistics for Business?
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In the context of statistics and business, which of the following groups would typically be regarded as external customers?
A
Suppliers and end consumers
B
Shareholders and internal auditors
C
IT staff and production workers
D
Employees and managers
Verified step by step guidance1
Understand the concept of external customers: External customers are individuals or entities outside the organization who purchase or use the company's products or services. They are not part of the internal operations of the business.
Analyze the options provided: Review each group listed in the question and determine whether they fit the definition of external customers.
Option 1: Suppliers and end consumers - Suppliers provide raw materials or services to the company, and end consumers purchase the final products or services. Both are external to the organization and interact with the business from outside.
Option 2: Shareholders and internal auditors - Shareholders own a portion of the company, and internal auditors work within the organization to ensure compliance and accuracy. These are internal stakeholders, not external customers.
Option 3 and 4: IT staff, production workers, employees, and managers - All these groups are part of the internal operations of the company and do not fit the definition of external customers. Therefore, the correct answer is Option 1: Suppliers and end consumers.
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