What Are External Factors
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What Are External Factors
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External factors are those forces that act from outside the organization and are out of its area of control but have an overall internal and external effect If the effects of these factors are positive the company should seek more benefits from them External factors are things outside a business that will have an impact on its success. Their impact can be positive or negative. A business cannot control external factors.
External Factors Affecting Business Reportspdf762 web fc2
What Are External FactorsDefinition of external factors: 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. Definition External factors are elements that influence a business results and performance from the outside These factors are often part of the economic political and social environment of the locations where the company operates
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