external forces
Definition
Pressures that arise from outside a system. In the context of a business, external forces typically refer to those factors that can have an effect on the business which are related to the market prices for raw material supplies, the consumer demand for the company's finished products, government regulation, and the strength of effective competition.
Related Articles
- Basic Bonds Terminology *
- Understanding Sales Tax *
- The Federal Reserve Board of Governors *
- How to Set Up a Budget *
- Currency Pairs *
- Understanding Stock Dividends *
- What is a Savings and Loan Association? *
- "Leap" Options *
Related Videos
http://www.businessdictionary.com/definition/external-forces.html
