How Are Virtual Teams Different from Teams That Meet Face-To-Face

question 25

Essay

How are virtual teams different from teams that meet face-to-face? What are the strengths of the communication technologies groups can use, and what are the potential problems? What advice does the text provide for success in virtual teams?

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Definitions:

Multidomestic Approach

A strategy by which a company tailors its products or services to each local market in which it operates, treating them as separate entities.

Local Subsidiaries

Companies that operate within a specific country or region under the ownership or control of a larger parent company, often tailoring operations to local market conditions.

Globally Standardized Products

Products that are manufactured in a uniform manner and are the same in all markets around the world to achieve economies of scale and branding consistency.

Global Integration

The process of designing and implementing strategies to operate efficiently and effectively across geographical borders and cultural differences.