Asked by Alondra Medina on Sep 26, 2024

Competition should take precedence over cooperation, according to the business ecosystem model.

Business Ecosystem

A network of interlinked companies, including suppliers, distributors, customers, competitors, government agencies, and so on, which produces and delivers a particular product or service through competition and cooperation.

Cooperation

The process of working together towards common goals or interests, often resulting in mutual benefits.

  • Describe the role of competition and cooperation within a business ecosystem.