The correct answer is Business ecosystem.
A(n) Business ecosystem includes interdependent networks of suppliers, distributors, and outsourcing firms.
What is Business ecosystem?
- A business ecosystem is the arrange of organizations—including providers, merchants, clients, competitors, government offices, and so on—involved within the conveyance of a particular item or benefit through both competition and participation.
- The thought is that each substance within the biological system influences and is influenced by the others, making a continually advancing relationship in which each entity must be adaptable and versatile in arrange to outlive as in a organic biological system.
- Advances in technology and increasing globalization have changed ideas about the best ways to do business, and the idea of a business ecosystem is thought to help companies understand how to thrive in this rapidly changing environment.
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