A business ecosystem is a series of tightly knit intercompany relationships that allow the business to attain a competitive advantage.

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A business ecosystem refers to a network of companies, suppliers, customers, and other relevant entities, which interact and collaborate closely to create value for themselves and their customers. This network allows the business to achieve a competitive advantage by leveraging the strengths of the different players in the ecosystem.

A Business Ecosystem Is a Series of Tightly Knit Intercompany