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virtual company
(redirected from Virtual organization)

   Also found in: Acronyms, Wikipedia 0.01 sec.
virtual company
An organization that uses computer and telecommunications technologies to extend its capabilities by working routinely with employees or contractors located throughout the country or the world. Using e-mail, faxes, instant messaging, data and videoconferencing, it implies a high degree of telecommuting as well as using remote facilities.

The Extreme
The most extreme type of virtual company is one with only "virtual employees" and no central office. Everyone works from home, including top management. See virtual, pervasive computing, telecity and hoteling.


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9781605663647 Grid technology for maximizing collaborative decision management and support; advancing effective virtual organizations.
The end result of this two new virtual organization in that it leads to the establishment of a matrix organization In the matrix organization ,staff now has multiple lines of accountability and are constantly faced with the requirement to prioritize their time.
 
 
 
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