A business ecosystem is a group of organizations that participate in the delivery of a particular good or service through both competition and collaboration, such as distributors, distributors, customers, competitors, government agencies, and so forth.
Business economics is an area of applied economics that focuses on the problems that businesses have with money, organizations, markets, and the environment.
Data science is a branch of applied mathematics and statistics that generates valuable knowledge from massive quantities of complex data, also known as big data.
Like-for-like sales are an adjusted growth metric that takes into account sales from establishments or goods with comparable features while excluding any with glaring differences that might distort the data.
Every business faces risk because rewards are less likely to occur without it. On the other hand, taking on too much risk can result in a company failing.