The term "external" refers to anything that is located outside of a particular object, system, or environment. It can describe physical attributes, such as the external surface of a building, or abstract concepts, like external factors influencing a decision. In various fields, understanding external elements is crucial for analysis and evaluation. In business, "external" often pertains to influences from outside the organization, such as external stakeholders or market conditions. These factors can significantly impact operations, strategies, and overall success. Recognizing external influences helps businesses adapt and thrive in a competitive landscape.