
Business Networks
Business networks refer to a system of interconnected companies and individuals that collaborate and share resources for mutual benefit. These networks can include suppliers, customers, competitors, and other stakeholders. By forming partnerships and establishing relationships, businesses can access new markets, share knowledge, and enhance their innovation. Effective business networks lead to increased efficiency, better problem-solving, and greater opportunities for growth. Essentially, they create a community where businesses work together, leveraging each other's strengths to achieve common goals and drive success.