Which external factor is NOT typically considered in business decisions?

In the context of business decisions, external factors typically include elements that influence an organization from outside its operational framework. These factors help shape strategic planning and operational adjustments.

Technology is critical as it affects how businesses operate, the efficiency of processes, and the development of new products or services. Competitors play a vital role due to their actions and strategies impacting market dynamics, pricing, and innovation. Government regulations and policies can significantly affect business decisions, including compliance requirements, taxation, and economic conditions.

Personal opinions, while potentially influential within an organization, are not considered an external factor since they stem from individual perspectives rather than external influences on the business environment. Decisions in a business context are typically driven by external market conditions, trends, and regulatory factors rather than personal beliefs or preferences, making this option distinct from the others listed.