4. What is an organizational ecosystem? How does this concept impact the changing role of management?
Expert Answer
Organizational ecosystem is the concept of building a connectivity between the different sectors of management involved in delivery of service or product. It involves distribution units, suppliers, competitors and final consumers. When a product or service is delivered the different levels it goes through to reach the final customer. These levels are related to and affected by one another in some aspect. To understand this relation created by the organization at each level comes under an organizational ecosystem. Ecosystem is a
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