Provide a stepwise synthesis for the following. 
Definitions:
Market Mechanisms
The use of market principles and forces to allocate resources and determine prices within an economy.
Formal Lines
Predetermined channels of communication and authority within an organization, established through its structure and policies to ensure effective coordination and control.
Virtual Organization
A network of continually evolving independent organizations that share skills, costs, and access to one another’s markets.
Independent Companies
Businesses that operate on their own, without being owned or controlled by a larger corporation.
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