The external context is the set of factors that impact you that are beyond your control. These can represent risks, opportunities and variables that can be incorporated into decision making and strategy. The following are common examples of external context.
Attitudes | Competition | Costs | Customer Needs | Customer Perceptions | Demographics | Disasters | Economic Conditions | Environmental Degradation | Exchange Rates | Infrastructure Failures | Interest Rates | Labor Market | Markets | Media | Perceptions | Political Stability | Protests | Regulations | Social Conditions e.g. poverty | Social Media | Supply Chain | Taxation | Technological Environment | Trade Barriers | Values | Weather | Word of Mouth |
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Type | | Definition | The set of factors that impact an entity that are beyond its direct control. | Related Concepts | |
Context
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