The term External refers to elements or influences that originate outside a particular system or entity. In various contexts, such as business or psychology, external factors can significantly impact decision-making and outcomes. For instance, market trends and economic conditions are considered external influences on a company's performance. Understanding the external environment is crucial for organizations to adapt and thrive. By analyzing external factors, businesses can identify opportunities and threats that may affect their strategies. This awareness helps in crafting effective responses to changes in the market and enhances overall resilience.