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In Virtual Organizations,duplicating Functions in Each Division Can Add to Costs,so

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In virtual organizations,duplicating functions in each division can add to costs,so this structure may be too expensive for some organizations.


Definitions:

Manufacturing Businesses

Companies engaged in the conversion of raw materials into finished products through the use of machinery and labor, often at a large scale.

High-growth CEOs

Chief executive officers leading companies experiencing rapid expansion in revenue, staff, or market share.

Industry Experience

The practical knowledge gained from working in a specific sector or industry over time.

Business Opportunity

A viable idea or proposal that can be capitalized on for profit, often requiring investment and risk.

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