Definition, Meaning & Synonyms
external-factor
noun
/ɪkˈstɜrnəl ˈfæktər/
Definition
An element or circumstance that originates outside a particular system or situation and influences its outcome.
Examples
- The company faced several external factors affecting its growth, such as economic downturns.
- Weather conditions are an external factor that can impact agricultural yields.
- Market trends are external factors that businesses need to monitor closely.
Meaning
External factors refer to influences that come from outside an individual, organization, or environment which can impact decisions, performance, or processes.
Synonyms
- outside influence
- external influence
- outward component
