Externally-dependent

Describing a system, organization, or individual whose functionality, survival, or prosperity relies significantly on external factors, resources, or entities. This dependence can manifest in various ways, including reliance on foreign markets, imported goods, external funding, or the influence of other organizations. It suggests a vulnerability to shifts in these external conditions and a potential lack of self-sufficiency. The extent of this dependence can range from moderate to complete, shaping strategies, policies, and overall resilience.

Externally-dependent meaning with examples

• The small island nation was externally-dependent for its energy, relying heavily on imported oil, making it highly vulnerable to fluctuating global prices and supply disruptions. Its economic stability was directly linked to this external factor, impacting its development goals and requiring smart policy.
• The company's business model proved externally-dependent due to reliance on a single key customer. When that customer went bankrupt, the company also failed, highlighting the risks associated with this approach. The entire company's future depended upon this customer.
• During the financial crisis, the bank's externally-dependent investment portfolio, filled with complex derivatives, experienced catastrophic losses. This highlights the risk and the complexity of the situation. This portfolio proved to be a major liability and nearly destroyed the company.
• The humanitarian organization operating in the conflict zone was externally-dependent on international funding and logistical support, making its operations contingent on ongoing international cooperation and aid efforts. It relied on donors and assistance.
• The research project was deemed externally-dependent due to its reliance on specialized equipment and expertise located outside the organization. This reliance dictated planning and a dependence on outside people and equipment to complete the task.