A Business Ecosystem Is a Series of Tightly Knit Intercompany

question 3

True/False

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

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Definitions:

Intercultural Communication

The process of sending and receiving messages between people whose cultural backgrounds could lead them to interpret verbal and nonverbal signs differently.

Verbal

Relating to words or the use of words, especially in contrast to actions or visual representations.

Nonverbal Signs

Forms of communication without words, including gestures, facial expressions, and body language, that convey messages.

Workplace Diversity

The inclusion of individuals of varying gender, race, ethnicity, age, sexual orientation, religion, and other attributes in a professional setting.