Question

Explain how ecosystem concepts applied in business industrial ecology and regarding industry.

Answer 1

Industrial ecology (IE) is the study of material and energy flows through industrial ... Industrial ecology has been defined as a " systems-based, multidisciplinary discourse

Answer 2

Answer:

Economic profit accrues to the top quintile in a “power-curve” pattern, leaving well over 85 percent of organizations to wrestle over incremental improvements in an ever-worsening position vis-à-vis market leaders in an increasing winner-take-all world.

Digital transformation, a hoped-for solution to change one’s competitive position, struggles over 75 percent of the time to meet its objectives.