EXTERNAL SOURCING Buying goods from third parties at the lowest cost for operations. It considers the skills, capability, and financing.
EXTERNAL STATEMENT A financial statement that tells outside parties the firm’s position and their results. They give detailed information to help with decision making and management.
EXTERNAL STRUCTURE How a firm relates shown in a web drawing. It involves competitors, customers, and suppliers to name a few.
EXTERNAL VALIDITY Whena generalization is amde from other studies that only have a part of the relevant population.
EXTERNAL VERIFICATION Confirming business transactions and documents by a third party that is usually an auditor.
EXTERNAL VIOLENT AND ACCIDENTAL MEANS a term that refers to a death that was not caused by any natural means.
EXTERNAL AGENTS A party that interacts with an organization and influence performance but do not control things directly.
EXTERNAL ATTRIBUTION The way people behave based on their perceptions and reactions. It compares how different people react to the same situation.