Are factors that businesses can do nothing about and cannot change e.g. competition, tax rates, laws and restrictions, state of the economy, demand, quantity of available materials, variable costs, government, rates of interest (loans), employees (strikes, resignations), war and terrorism.
These can affect a business as it can result in less profits being made, higher amount of competition, restrictions in what the business is allowed to do in order to expand and the efficiency of the workforce of the business.
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