external factors

Related Terms
Outside influences that can impact a business. Various external factors can impact the ability of a business or investment to achieve its strategic goals and objectives. These external factors might include competition; social, legal and technological changes, and the economic and political environment.

Use 'external factors' in a Sentence

I wondered what the external factors were that were preventing us from reaching our full potential as a major company.
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There can be many external factors beyond your control that will decide whether a new project works out or not.
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Our business is suffering this quarter due to the following external factors: severe weather has reduced rice production, the cost of sugar has risen, and trade restrictions have been put into place in a few of our partner countries.
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