When managing the performance of an organization, the leadership is always balancing between the risks and rewards of using financial and non-financial information as well as internally and externally sourced information, in its performance report.

(a) Define and provide an example of each of the following:

i. financial information and non-financial information. (6 marks)

ii. internally and externally sourced information. (6 marks)

Word count should be a minimum 150 words, not exceeding 250 words.