Virtual Organization
Example
For example, a company that implements Virtual Organization strategies, like They operated as a virtual organization with remote employees., can see significant improvements in their business performance by streamlining workflows, enhancing productivity, and boosting overall profitability.
Definition
An organization that uses information and communication technologies to allow it to operate without a traditional physical office space. This term is crucial in the Virtual Organization context as it helps businesses understand how to Virtual Organization in their operations, making it highly relevant for industries looking to optimize Virtual Organization processes.
Disclaimer: The terms and definitions provided in this business dictionary are for informational purposes only. While every effort has been made to ensure accuracy, the content may not be exhaustive and may not be applicable to all business situations. Readers should seek professional advice before making business, legal, or financial decisions based on the information provided. The authors and publishers are not responsible for any errors, omissions, or outcomes related to the use of this dictionary.