mgt411r1 wk4 casestudy 2
Questions
After reading the case study on Wal-Mart, use the case study and information from your weekly readings to answer the following questions in 200 to 300 words each.
1. What is a business ecosystem? Do all businesses function within an ecosystem? Why or why not?
A business ecosystem is a network of customers, suppliers, distributors involved in the
process of the delivery of a product or service. Ecosystem is a service that helps business learn
how to strive in the forever changing and evolving environment that we live in today. With the way
technology changes, businesses have to know how to keep up and evolve as well. Things could
In high demand one day and then not so much the next day. Businesses that uses this
ecosystem use their competitors and work together to see how they can help
each other to survive during hard times. Depending on your company and how they chose to run
their business demands on if your company are using this ecosystem or not, some companies
chose not to work with their rivals and chose not to do business through this system. Smart
companies understands that things can change very fast, the way technology is
changing businesses have to know how to keep up and that is what this system is for.
This system is in place so that businesses can work together and make money and grow, it
Has to be up to your company if they chose to join the process or not.
2. What potential role does the ecosystem play in Wal-Mart’s innovation efforts? Provide examples.
The ecosystem plays a big part into the way Wal-mart runs and operates, this company
has change the way others look at this system and shows them the benefits that can come from
this process if it is used. This company has used this system and has done well for themselves in
the process. They have even come up with their own system to help them to continue to grow
and expand. This company has mad many profits off of this system and uses it to keep them
After reading the case study on Wal-Mart, use the case study and information from your weekly readings to answer the following questions in 200 to 300 words each.
1. What is a business ecosystem? Do all businesses function within an ecosystem? Why or why not?
A business ecosystem is a network of customers, suppliers, distributors involved in the
process of the delivery of a product or service. Ecosystem is a service that helps business learn
how to strive in the forever changing and evolving environment that we live in today. With the way
technology changes, businesses have to know how to keep up and evolve as well. Things could
In high demand one day and then not so much the next day. Businesses that uses this
ecosystem use their competitors and work together to see how they can help
each other to survive during hard times. Depending on your company and how they chose to run
their business demands on if your company are using this ecosystem or not, some companies
chose not to work with their rivals and chose not to do business through this system. Smart
companies understands that things can change very fast, the way technology is
changing businesses have to know how to keep up and that is what this system is for.
This system is in place so that businesses can work together and make money and grow, it
Has to be up to your company if they chose to join the process or not.
2. What potential role does the ecosystem play in Wal-Mart’s innovation efforts? Provide examples.
The ecosystem plays a big part into the way Wal-mart runs and operates, this company
has change the way others look at this system and shows them the benefits that can come from
this process if it is used. This company has used this system and has done well for themselves in
the process. They have even come up with their own system to help them to continue to grow
and expand. This company has mad many profits off of this system and uses it to keep them