A Virtual Organization Needs an Organizational Hierarchy for Participants to Contribute

question 100

True/False

A virtual organization needs an organizational hierarchy for participants to contribute their expertise.

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Definitions:

Credible Threat

A believable or convincing threat that influences another party's strategic decisions.

Simultaneously

Occurring at the same time or concurrently.

Credible Threat

A declaration of intended action or punishment that is believable and realistic enough to influence the behavior of others.

Equilibrium

A state in which all forces or influences are balanced, such as in a market when supply equals demand.