Factor

A Factor is a circumstance, fact, or influence that contributes to a result or outcome. It can refer to a quantity or number that divides another number exactly. In mathematics, it is a number or expression that is multiplied by another to yield a product. The word can also be used in business contexts, describing a company that purchases and collects accounts receivable. Furthermore, in economics, a Factor is a resource or input used to produce goods or services, like labor, land, and capital. The meaning is flexible, with uses across many different areas.

Factor meaning with examples

• One crucial Factor in the company's success was its innovative marketing strategy. They developed a new plan for consumer outreach, ensuring a greater ROI. Increased sales were also a significant Factor in the impressive quarterly revenue figures. Furthermore, the quality of its products was a key Factor in securing repeat business.
• The weather was a significant Factor in the delay of the outdoor event. Rain and strong winds impacted the preparations, making setup impossible. The organizer had to consider rescheduling and informing all parties. Another Factor that affected attendance was public transport. Poor accessibility played a crucial Factor in the poor attendance.
• The scientist determined that the presence of a specific gene was a Factor in the disease's progression. The research group considered genetic predispositions as a major Factor contributing to their study. Their final study revealed that environmental conditions also played a Factor in the outcome.
• In mathematics, finding the prime *factors* of a number helps simplify calculations. For example, the *factors* of 12 are 1, 2, 3, 4, 6, and 12. Understanding *factors* is fundamental to many algebraic concepts, such as simplifying fractions and working with equations.
• The economic *factors*, such as inflation and interest rates, influence market trends. Low consumer confidence is another crucial Factor. The availability of skilled labor is an important Factor affecting the cost of production and, by extension, business profitability.