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Describe the Virtual Organization

question 135

Essay

Describe the virtual organization. Explain how the virtual organization could theoretically prove to be a more formidable competitor than any of the other types of organizations in a highly complex,dynamic business environment.


Definitions:

Percentage Form

A way to express a number as a fraction of 100.

Royalty

A payment made to the owner of a certain property, right, or patent for the use of that property by others.

Textbook Sales

The activity of selling educational books typically used in schools, colleges, and universities.

Value

An expression of the worth of something, typically in monetary terms but can also encompass subjective aspects like sentimental value.

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