The concept of business ecosystems implies that organization

The concept of business ecosystems implies that organizations are more interdependent than ever before. Why or why not is this true or false in todays world?

Solution

Business ecosystems are more interdependent than before in the modern business environment. Hence this statement can be considered as true from the modern business perspectives. All business organizations work in the same business environment which is very competitive. The resources for the production and the end users of the products are limited and the same. Only if the suppliers supplies adequate resources to the organization they can continue with a smooth business operations. If and only if the end users like the customers, retailer, distributors etc are loyal and maintain a good business relationship the sales of an organization increases. Hence it is evident that the organizations in the business eco system are interdependent.