For Virtual Organizations to Be Successful, They Need to Focus

question 68

True/False

For virtual organizations to be successful, they need to focus on developing trust, an identity, and high standards of behavior.

---

Definitions:

Earnings Before Interest And Taxes

A financial metric indicating a company's profitability before expenses from interest and taxes are deducted.

Depreciation

The process of allocating the cost of a tangible asset over its useful life, representing how much of the asset's value has been used up.

Accounts Payable

A liability to a creditor, usually for purchases of goods and services.

Net Working Capital

Net Working Capital is a financial metric that measures a company's ability to meet its short-term obligations with its short-term assets.