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Essay / Research Paper Abstract
This 3 page paper is written in two parts. The first part of the part looks at what is meant by a virtual organization and the advantages and disadvantages associated with this structure. The second part of the paper looks at how effective lateral communication can be facilitated in a virtual organization. The bibliography cites 4 sources.
Page Count:
3 pages (~225 words per page)
File: TS14_TEvirtorg.rtf
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Unformatted sample text from the term paper:
from the entire internet to more specific areas such as the virtual environment such as those provided by World of Warcraft or Second Life. However, despite this increasing understanding of
the virtual world there is no generally agreed upon concept of a virtual organization and there are a number of definitions which can be applied and may help a reader
to identify the advantages and disadvantages of virtual organizations. Byrne (1993) defines a virtual organization as "A temporary network of companies that comes together quickly to exploit fast-changing opportunities",
a different definition by Ahuja and Carley, (1999) states that it is "A geographically distributed organization whose members are bound by a long-term common interest or goal, and who
communicate and coordinate their work through IT". These definitions, along with an understanding some of the benefits or advantages associated with a virtual organization.
One of the first advantages it the lack of geographical locations in the physical world, this reduces barriers, true virtual organizations can theoretically undertake trade in any part
of the world. There are no physical barriers. The same may be argued in terms of the members of the group, whether they are other firms, or employees, they are
also not bound by physical locations. This may also facilitate increased levels of diversity within the members of the virtual organization, which is also proven to have potentially beneficial influences
on an organization and its strategy (Mohr and Puck, 2005). In addition to access to a much greater market there can be advantages for smaller organizations as it is
easier to compete with the larger companies due to the way the presence in the virtual world is perceived, there is an increased flexibility and ability to take advantages of
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