Question

Which of the following conditions is not true for virtual organizations?

a. It minimizes bureaucratic overhead because there is no lasting organization to maintain.
b. It is usually a small, core organization that outsources its major functions.
c. It increases long-term risks and costs because the projects are usually long-term.
d. It can enable each project to be staffed with the talent best suited to its demands.
e. It lessens long-term risks and their costs.

Answer 1

For virtual firms, this is NOT the case as they tend to have relatively minimal requirements.

When we say something is "virtual," we typically mean that it may be accessed online or through a computer or other device. We use it to describe any interaction that doesn't happen in a real-world setting. The phrase "virtual" in computing refers to a digitally reproduced representation of something real, such as a machine, switch, memory, or even reality. The absence of an absolute, physical form sets it apart from the real. Functionally, virtual it is still quite real. Active fires and thermal anomalies are discovered by NASA FIRMS using satellite observations from the MODIS and VIIRS sensors, and this information is provided to decision-makers firms in almost real-time via email alerts, analysis-ready data, online maps, and web services are some firms.

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