Final answer:
Internal events occur within the organization and are under its control, while external events happen outside the organization and are beyond its control in the context of business operations or management.
Step-by-step explanation:
In the context of business operations or management, internal events refer to events that occur within the organization and are under its control. These events can include things like changes in company policies, internal reorganizations, or employee training programs.
On the other hand, external events are events that happen outside the organization and are beyond its control. These events can include changes in the market, economic trends, or unforeseen natural disasters.
It is important for businesses to monitor both internal and external events to effectively manage their operations and make informed decisions.