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A dynamic and interdependent living community of people, parts, or mechanisms that interact with one another. The term was coined by Arthur Tansley, a British Ecologist, who said that ecosystems have the capacity to respond to change without altering the basic characteristics of the system. A business can be viewed as an ecosystem, as can a market, industry, or economy.

The Dictionary of Sustainable Management [online] Available from: http://www.sustainabilitydictionary.com/ (accessed 8-27-16)

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