Exogenous

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Exogenous

Describes facts outside the control of the firm. Converse of endogenous.

Exogenous

1. Describing anything outside a company's control. For example, a company may fail because of a recession even if it does everything right. In this case, the recession is an exogenous factor.

2. See: Independent Variable.
References in periodicals archive ?
Exogenous factors can be defined as those factors that lead to homogeneity in producers' accumulation between regions.
By 2000, this structural change had reached its saturation point, allowing performance to once again become more influential than these exogenous factors.
The simulations elucidate two things: first, the incorporation of exogenous factors which influence to R&D's payoff should be important since the new factors outweighs the information cost and, secondly, spending [[lambda].
Among the exogenous factors, the swifter annual increase in administered prices in 2010 Q2 had a substantial adverse impact on the annual inflation rate.
Moreover, exogenous factors have emerged recently to play on emotions, such as the Greek budget challenge, the Gulf oil spill, and the still unexplained "flash crash" that hit the markets in early May.
Mostly, vasospasm with pregnancy induced hypercoagulable state, which is potentiated by exogenous factors -like progestogens and smoking.
National Income = Sum of the influences of exogenous factors / 1--sum of the marginal propensities
A key aspect of the TAM, therefore, is to provide a basis for investigating the influence of exogenous factors on endogenous factors of attitudes, and intentions towards any technology including IS.
The evolution of the economics phenomena including the capital markets transactions too, under the impulse of exogenous factors that generate discontinuous effects.
I argue here that, to a large extent, these other factors were themselves substantially a product of the bubble, and not exogenous factors that caused the bubble.
That is, how does one make fundamental changes in the culture of an organization whose modus operandi is to ensure exogenous factors (even ideas) don't take it off track--keep the organization from straying from its original game plan?
Noting that the central bank has appropriately managed domestic demand, and that the inflation rate largely reflects the impact of exogenous factors, the mission considers that the monetary policy stance is appropriate for the current situation.