Enterprise Ecosystem Quiz

Study Notes

An ecosystem is a geographic area where living organisms, weather, and landscape interact to create a habitat.
Biotic (living) factors include plants, animals, and other organisms, while abiotic factors are nonliving elements.

The enterprise ecosystem encompasses a network of organizations involved in delivering a product or service, including suppliers, distributors, customers, and competitors.
It operates through both competition and cooperation among its members.

Each entity within an enterprise ecosystem influences and is influenced by others, requiring flexibility and adaptability for survival.
The ecosystem establishes strong barriers to new competitors, as established players are integrated into its functioning.

Enables leveraging technology and achieving excellence in research and business capabilities.
Facilitates effective competition against other companies.

Policy and Regulatory Development: Involves business registrations, taxation, import/export regulations, and labor laws that shape the ecosystem's operation.
Technology: Incorporates technological innovations and incentives promoting a national innovation system.
Support Systems: Includes advisors and metropolitan resources that cater to both traditional and entrepreneurial needs.
Human Capital and Workforce Development: Focuses on accessing finance and developing a skilled workforce essential for growth.

Global and local markets play a crucial role in shaping the ecosystem, affecting operations and access to resources.
Encourages entrepreneurial culture through systematic support and accessibility to technologies and finance.