Virtual organization,
Definition of Virtual organization:
One that (1) does not have a physical (bricks and mortar) presence but exists electronically (virtually) on the internet, (2) is not constrained by the legal definition of a company, or (3) is formed in an informal manner as an alliance of independent legal entities.
How to use Virtual organization in a sentence?
- In todays high tech, internet based world, more and more businesses are merely virtual organization s. Often times a website is the only physical attribute they posess.
- You may find it is more profitable to only have a virtual organization instead of wasting a lot of money on rent.
- The virtual organization was really good and we knew that it would work for us for many years to come.
Meaning of Virtual organization & Virtual organization Definition