External Context
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| 1. External Context is .... |
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(Source: Business Continuity Management Institute - BCM Institute) |
2. External environment in which the organization seeks to achieve its objectives.
Notes (1) : External context can include:
- The cultural, social, political, legal, regulatory, financial, technological, economic, natural and competitive environment, whether international, national, regional or local;
- Key drivers and trends having impact on the objectives of the organization; and
- Relationships with, and perceptions and values of external stakeholders (2.13).
[ISO Guide 73:2009, definition 3.3.1.1]
(Source: ISO 31000:2009 – Risk Management — Principles and Guidelines) - clause 2.10