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Internal means factors or components within a business that can be controlled and external is the exact opposite. External factors, economy, competitors etc... Internal means something done from the inside and external means the opposite, something done from the outside.
1 adj External is used to indicate that something is on the outside of a surface or body, or that it exists, happens, or comes from outside. usu ADJ n (Antonym: internal) ...a much reduced heat loss through external walls., ...internal and external allergic reactions. â¦ externally adv usu ADV with v.