Virtual organizations emergence and principles
Virtual organizations emergence and principles

Summary/Abstract: In the new world of competition for market share and competitiveness, 21st- century companies face a number of challenges to stay relevant and remain in the market. These waves of department restructuring and outsourcing of company activities beyond the building in which they are based force managers to seek options of new and modern origin to retain employees and expand their reach. In this report, we will discuss these new methods of outsourcing company activities, namely Virtual Organizations.

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