ecosystem

Vocabulary Word

Definition

'Ecosystem' refers to a community where living things like animals and plants interact with each other and with the non-living things around them, like the weather, rocks and soil. It's like the stage where nature’s play comes alive.

Examples in Different Contexts

In technology, an 'ecosystem' might refer to a platform like Android or iOS, with its network of developers, apps, and end-users creating a dynamic system.

Practice Scenarios

Tech

Scenario:

Our customers expect seamless experiences across devices. We’ve got to ensure compatibility and ease of use.

Response:

True. Integrating every part of our ecosystem, right from user interface to customer support, is crucial.

Business

Scenario:

We need better insights into how current market trends will shape up the future of the financial sector.

Response:

You're right. Understanding the business ecosystem will help us strategize more effectively.