Asked by Abbie Huber on Sep 23, 2024
Verified
A virtual organization is generally a temporary venture among several companies,each with a special expertise or process specialty.
Virtual Organization
A business model that operates online, often without a traditional physical presence, relying heavily on information and communication technologies.
Temporary Venture
A project or enterprise undertaken for a limited duration, often to achieve a specific goal or address a particular need.
Special Expertise
A specific skill set or knowledge that differentiates an individual or organization in a particular area.
- Describe how virtual organizations operate and their temporary nature.
Verified Answer
PP
Priyesh Patel3 days ago
Final Answer :
True
Explanation :
A virtual organization is a temporary venture among several companies that collaborate using digital technologies to achieve shared goals. Each company involved in the virtual organization brings specific expertise or process specialty to the collaboration.
Learning Objectives
- Describe how virtual organizations operate and their temporary nature.