Asked by grace kelly on Jun 10, 2024
Verified
Which of the following is not an advantage of a virtual company?
A) speed
B) total control over every aspect of the organization
C) specialized management expertise
D) low capital investment
E) flexibility
Virtual Company
A business model that operates on digital platforms without a physical presence, often relying on digital communication and distribution channels.
Total Control
An approach or system designed to ensure that every aspect of a process, project, or operation is managed and regulated to achieve desired outcomes with minimal deviations or errors.
Low Capital Investment
Refers to businesses or projects that require a minimal initial financial outlay to start and run.
- Scrutinize procedures for effective management and optimization of the supply chain.
Verified Answer
EA
Emilio Augusto Mendes MachadoJun 11, 2024
Final Answer :
B
Explanation :
Total control over every aspect of the organization is not an advantage of a virtual company because virtual companies often rely on outsourcing and working with freelancers, which means that they don't have complete control over every aspect of their organization.
Learning Objectives
- Scrutinize procedures for effective management and optimization of the supply chain.